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Iceland most favourable for women workers, reveals The Economist’s annual glass-ceiling index

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Study shows Iceland most favourable for women workers
A representational picture of a bunch of working women. Photo courtesy: Unsplash

For the second yr in a row, The Economist’s annual glass-ceiling index (GCI) reveals that out of 29 Organisation for Economic Co-operation and Development (OECD) international locations, Iceland is the perfect nation to be positioned in in case you are a working lady.

The knowledge was launched at a time when the world is observing International Women’s Day on March 8.

The GCI is a yearly evaluation of the place women have the perfect and worst probabilities of equal remedy at work in international locations within the OECD, a bunch of principally wealthy international locations.

Sweden, Norway, Finland and France spherical out the highest 5 positions within the index.

The Nordic international locations are significantly good at serving to women full college, safe a job, entry senior positions, and make the most of high quality parental-leave techniques and versatile work schedules.

Japan, Turkey and South Korea are final on the checklist for the twelfth consecutive yr working.

This can, partly, be defined by societal norms in Asia nonetheless anticipating women to decide on between having a household or a profession.

The largest improvers from the 2023 index embody Australia, Poland and the Czech Republic.

Declining of their positions from final yr embody New Zealand, America and Britain, who all dropped by 3 or 5 locations.

Highlights of The Economist’s 2024 glass-ceiling index

The wage hole remained the identical, at 12 p.c.

In Britain and America, the wage hole was larger than the OECD common (at 14.5 p.c and 17 p.c respectively) – the share of women in administration went up barely from 33.5 p.c to 34.1 p.c.

America is likely one of the strongest international locations on this measure, at 42.6 p.c, together with the Scandinavian international locations.

Iceland can be well-known for the Aurora Borealis, popularly often called Northern Lights. Photo courtesy: Unsplash

The US continues to be the one OECD nation to not provide any paid maternity or paternity go away, which yearly drags them down the rating.

Some of the most beneficiant international locations on this measure are in Scandinavia and Eastern European areas.

The proportion of women on boards hit 33 p.c for the primary time throughout the OECD.

The leaders on this measure are New Zealand, France and Denmark.

This is the twelfth yr that The Economist has launched its glass-ceiling index.

When it was launched in 2013 there have been 5 indicators and 26 international locations; at the moment it consists of ten indicators together with maternity and paternity go away for 29 OECD international locations.

Best and worst OECD international locations to be a working lady

1. Iceland

2. Sweden

3. Norway

4. Finland

5. France

6. Portugal

7. Poland

8. Belgium

9. Denmark

10. Australia

11. Austria

12. Spain

13. New Zealand

14. Canada

15. Slovakia

16. Italy

17. Ireland

18. Czech Republic

19. Britain

20. Greece

21. Germany

22. United States

23. Netherlands

24. Hungary

25. Israel

26. Switzerland

27. Japan

28. Turkey

29. South Korea

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