Women Count report shows gender disparity in engineering

Statistics from the report suggest that gender parity in top jobs across  has been pushed back another four years and is now projected for 2036. 

Companies with greater gender diversity were shown to achieve higher profits and companies without female executives suffered bigger financial losses.

The manufacturing and engineering industry was shown to be failing to meet the all-FTSE 350 average for women on executive committees, with less than 25 per cent of women in key executive committee and P&L (profit and loss) roles. 

Manufacturing and engineering companies were shown to have just 11 per cent of female executives on their main boards, and only nine per cent of women executives in P&L roles.

Analysis shows more women entering engineering

Comment: paving the way for future women in engineering

Research from the report also suggested that if all FTSE 350 companies with less than 33 per cent of women on their executive committees were to achieve the same profit margin as those with 33 per cent and greater, there would be an additional £123bn in pre-tax profit for the UK economy.