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