Many companies are overlooking women—and it’s critical they don’t

This year, only half of companies are prioritizing women’s career advancement, part of a trend in declining commitment to gender diversity. Moreover, some companies are not prioritizing women at all. Two in 10 say they are placing low or no priority on women’s career advancement, and this rises to 3 in 10 for women of color.

There are other signs that women are being overlooked.

One in 4 companies now offer fewer remote and hybrid work options, and almost 1 in 6 cut back on formal sponsorship and discontinued or scaled back career development programs with content tailored for women.

It’s critical that companies focus on advancing and supporting women; those that do have a higher representation of women and have seen accelerated progress over the past several years.