A TimesJobs survey, called ‘Women in Corporate Boardrooms’, which covered about 500 women in leadership roles and a 1000 women professionals revealed that women are taken on by companies mainly for support functions rather than for core functions. Seventy per cent women in executive positions are hired mainly for support functions. Only about 30 per cent are taken on for core functions.
According to the study, while hiring women for executive positions, about nine per cent feel they are hired on the basis of their age, 17 per cent on the basis of academic qualifications, 17 per cent on the basis of professional experience and 57 per cent on the basis of their track record in leadership.
When the respondents were asked whether they dream of becoming the CEO of their company, 29 per cent said ‘No’, while 71 per cent said Ýes. Only 44 per cent believe that their organisation is investing enough to promote women in senior roles, while 56 per cent admitted that nothing was being done to promote women in leadership roles.
The report revealed that four per cent women are likely to become chief technology officers (CTO), four per cent are likely to become chief marketing officers (CMO), 13 per cent chief financial offers (CFO), 14 per cent managing directors (MDs), 30 per cent chief executive officers (CEOs) and 35 per cent chief human resource officers (CHROs)