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WOMEN AND THE ECONOMY
Facts, Trends and Advice
Presented by: Melanie O’Toole, Australian Delegate,
APEC Women & the Economy - 2011
GLOBAL - TRENDS & FACTS
   Women represent half of the world’s population, 3.3
    billion.
   Women represent 40% of the world’s labour force.
   Women are the major household purchaser,
    making or influencing 64%
                          of purchases.
 Women now control $20 trillion of global consumer
    spending (Source: CNN, Boston Consulting Group, Harvard Business
    Review).
ASIA PACIFIC - TRENDS & FACTS
   Losing between $42-$47 billion per year
    because of restrictions on women’s access to
    employment opportunities. (Source: UN Economic and Social
    Commission for Asia and the Pacific, 2007).

 An additional $16-$30 billion per year because
  of gender gaps in education (Source: UN Economic and Social
  Commission for Asia and the Pacific, 2007).

 Closing the gender gap in access and use of productive
  resources could increase agricultural output in the
    developing world on average by 2.5%-4%. (Source:
    United Nations, 2011).
AUSTRALIA – TRENDS & FACTS
   13.6% of women engaged in trade/technical roles.
   More women enroll and                         complete tertiary
  education than men.
 51% of the Australian population are women, yet
    they are under-represented in decision making roles.
   Women hold only 8.4% of board directorships.
   Women hold only 4.1% of CEO and Executive Role
    Positions.
    (Sources: Australian Human Rights Commission, Nov 2011 – www.hreoc.gov.au Department of
    Education, Employment & Workplace Relations – ww.deewr.gov.au, 2011)
GLOBAL CASE STUDIES – CURRENT ACTIONS




                     USA




   Singapore                  New Zealand
CURRENT ACTIONS - AUSTRALIA
 ASX listed companies required to report annually on
  their board and management diversity plans.
 National Paid Parental Leave introduced in 2011 to
  help working parents.
 Right To Request Workplace Flexibility in place.
FURTHER ACTIONS
 Keep skills up-to-date.
 Request for Gender Pay Parity Audits.

 Improve negotiation skills.

 Keep focused on productivity and the business case.
BE INFORMED, BE INVOLVED
 Boards and committees.
 Government and public submissions.

 Networking and Support – online, face-to-face, group,
  individual.
ABOUT THE PRESENTER
 Policy contributor to organisations and governments.
 Board Director – Private, Commercial, Government.

 Gender Audit Advisory Services.

 Workplace Productivity Impact Assessments.

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Women and the economy

  • 1. WOMEN AND THE ECONOMY Facts, Trends and Advice Presented by: Melanie O’Toole, Australian Delegate, APEC Women & the Economy - 2011
  • 2. GLOBAL - TRENDS & FACTS  Women represent half of the world’s population, 3.3 billion.  Women represent 40% of the world’s labour force.  Women are the major household purchaser, making or influencing 64% of purchases.  Women now control $20 trillion of global consumer spending (Source: CNN, Boston Consulting Group, Harvard Business Review).
  • 3. ASIA PACIFIC - TRENDS & FACTS  Losing between $42-$47 billion per year because of restrictions on women’s access to employment opportunities. (Source: UN Economic and Social Commission for Asia and the Pacific, 2007).  An additional $16-$30 billion per year because of gender gaps in education (Source: UN Economic and Social Commission for Asia and the Pacific, 2007).  Closing the gender gap in access and use of productive resources could increase agricultural output in the developing world on average by 2.5%-4%. (Source: United Nations, 2011).
  • 4. AUSTRALIA – TRENDS & FACTS  13.6% of women engaged in trade/technical roles.  More women enroll and complete tertiary education than men.  51% of the Australian population are women, yet they are under-represented in decision making roles.  Women hold only 8.4% of board directorships.  Women hold only 4.1% of CEO and Executive Role Positions. (Sources: Australian Human Rights Commission, Nov 2011 – www.hreoc.gov.au Department of Education, Employment & Workplace Relations – ww.deewr.gov.au, 2011)
  • 5. GLOBAL CASE STUDIES – CURRENT ACTIONS USA Singapore New Zealand
  • 6. CURRENT ACTIONS - AUSTRALIA  ASX listed companies required to report annually on their board and management diversity plans.  National Paid Parental Leave introduced in 2011 to help working parents.  Right To Request Workplace Flexibility in place.
  • 7. FURTHER ACTIONS  Keep skills up-to-date.  Request for Gender Pay Parity Audits.  Improve negotiation skills.  Keep focused on productivity and the business case.
  • 8. BE INFORMED, BE INVOLVED  Boards and committees.  Government and public submissions.  Networking and Support – online, face-to-face, group, individual.
  • 9. ABOUT THE PRESENTER  Policy contributor to organisations and governments.  Board Director – Private, Commercial, Government.  Gender Audit Advisory Services.  Workplace Productivity Impact Assessments.

Notas do Editor

  1. Figure 1 Source: ABS 6105 LabourMarket Statistics, January 2011