Now Reading
In 60 seconds: An economist explains gender diversity

Ever wondered why gender diversity in the workplace matters? And whether having a gender quota makes a business perform better? I spoke to…

Name: Rachel Power

Studied: Bachelor of Business (Honours) in Economics at UTS

Career post graduation: Graduate Economist at Deloitte Access Economics

I’ve always wondered why gender quotas exist, whether the “hiring the best person for the job” philosophy promotes or discourages equality and if having a 50/50 gender split makes an impact on a company’s performance.

Deloitte Access Economics, where Rachel works as an economist, recently completed a report about the economic benefits for companies having an equal number of men and women in their organisations.

It turns out, there’s actually a strong argument that there’s a financial benefit to having gender diversity in a workplace.

In Rachel's words, 'people are at their best when they're in diverse teams, when there's people like them in the organisation and

 

If having gender diversity is beneficial to company culture and financial performance, then why aren’t companies doing it? And how do companies do it?

See Also


Rachel answered these questions in her honours research at UTS by looking at

 

She looked at the gender diversity in the corporate boards of Australia’s top 500 companies and the different ways that economic tools might be used to increase the representation of women on those boards.

 

Learn more about the Bachelor of Business at UTS.

You’ll also love Rachel explaining Climate Change and The Financial News in 60 seconds.

What's Your Reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0
© 2019 THE FOOTNOTES. ALL RIGHTS RESERVED.
Scroll To Top