The GAIL Report

AN ACTIONABLE GUIDE TO ADVANCE WOMEN IN THE WORKPLACE

RESEARCH REPORT | OCTOBER 2024

WXN FP500 Executive Summary Report

Following the rise of diversity, equity, and inclusion as a critical workplace priority, recent cutbacks to company inclusion teams, and continuing headlines about the value and ROI of DEI, we ask: what does the evidence say? And how can companies meaningfully and sustainably support the advancement of professional women in today’s landscape?

Research reveals that boards with a critical mass of at least 30% women outperform all-male boards or boards where women hold only token roles. Female CEOs are linked with a 20% boost in stock price momentum, while companies with female CFOs report a six percent rise in profitability. Yet gender parity on Canadian boards is still 10 years away. On a broader North American scale, gender gaps may persist for another 95 years. Meanwhile, global parity could take nearly 130 years. These numbers are simply not acceptable – they are deplorable. And they are changeable.

This report offers both a panoramic view and a deep-dive into the facts, including the “State of the nation” for women in board positions and leadership roles, the metaphors we use to describe barriers women face in the workplace, the unique experience of burnout in DEI roles, the power of allyship and employee resource groups, the competitive advantage companies can gain through inclusive talent practices, and the potential that the next-generation workforce brings.

But we don’t stop there. We take that knowledge and present concrete, actionable, and practical strategies, along with case studies from industry leaders, to help you and your company make informed investments in your long-term growth—and your bottom line.

Delve into the data, seize the opportunities, and take bold action to advance women in your workplace.

Inside this report:

  • Uncover the top issues in inclusion and belonging backed by global research
  • Build a compelling case for the true value of inclusion and belonging
  • Identify where companies fall short—and where you can gain a competitive edge
  • Adopt bold new practices to shape a future that values both people and profit