Market Overview

Nearly Half of Female Professionals Said They've Missed a Promotion or Opportunity Because of Their Gender, According to Korn Ferry Survey

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New Survey Examines Gender and Pay Disparities for Women in
the Workplace –

Editor's Note: Survey Results at End of Release

From career advancement to pay discrepancies to re-entering the
workforce, female professionals nationwide shared insights on the
challenges they face in today's workplace. A new Korn
Ferry
 (NYSE:KFY) survey shows that 40 percent of women professionals
said they've missed a promotion or an opportunity simply because they're
female.

The survey shows the career challenges many women in the workplace
endure, with nearly half (42 percent) stating the pay gap is the most
important issue and a quarter (25 percent) said the glass ceiling is the
most important issue.

From the responses, nearly half (45 percent) said they have been
sexually or verbally harassed at work. When asked what the most
important advice other female professionals have given to help others
succeed in the workplace, nearly half (44 percent) said to develop a
strong network, nearly a third (32 percent) said to have confidence and
nearly 20 percent (18 percent) said to showcase accomplishments to key
leaders.

"The survey underscores the continued need for action around the
important issues and challenges facing women in the workplace," said
Jane Stevenson, global leader for CEO succession and vice chairman of
Korn Ferry. "My best advice for women in the workplace is to be
confident and passionate. If you want the job, be the job before you
even receive the promotion."

About the Survey

The survey received 738 responses across several industries, which took
place in July 2018.

Survey Results

Do you think you've missed an opportunity or a promotion at
work because you're female?

Yes   40 percent
No 60 percent
 

Have you ever been passed up for a promotion because you're
female?

Yes 33 percent
No 67 percent
 

What's the most important issue facing women in the workplace?

Sexual harassment 7 percent
Pay gap 42 percent
Glass ceiling 25 percent
Gender discrimination 26 percent
 

What is the biggest challenge for women in leadership positions
in the workplace?

Being treated equally 38 percent
Advancement 22 percent
Getting respect from peers 25 percent
Re-entering the workforce 15 percent
 

Have you ever been sexually or verbally harassed at work?

Yes 45 percent
No 55 percent
 

What is the most important advice you would give other females
trying to succeed professionally?

Have confidence 32 percent
Overcome perfectionism 6 percent
Showcase accomplishments to key leaders 18 percent
Develop a strong network 44 percent
 

If applicable, do you feel raising a child has a negative
impact on your career advancement?

Yes 45 percent
No 55 percent
 

How much less do you feel you make per year than your male
colleagues in similar roles?

0-5 percent less than male counterparts

6 percent

5-10 percent less than male counterparts 15 percent
10-20 percent less than male counterparts 42 percent
20-40 percent less than male counterparts 15 percent
50-75 percent less than male counterparts 3 percent
75-100 percent less than male counterparts 1 percent
I make the same as my male counterparts 17 percent
I make more than my male counterparts 1 percent

About Korn Ferry

Korn Ferry is a global organizational consulting firm. We help clients
synchronize strategy and talent to drive superior performance. We work
with organizations to design their structures, roles, and
responsibilities. We help them hire the right people to bring their
strategy to life. And we advise them on how to reward, develop, and
motivate their people.

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