Men the better talent | International Business News | Conversis | The ...

The battle of the sexes is present everywhere and most commonly in the work place.

For years women have fought to be treated as equals to their male counterparts and while the gap is closing, reports are highlighting that there is still a big difference between the genders.

Out of Britain?s top 100 private companies, only 64 publish the composition of their boards according to BoardEx who conducted an analysis for the Observer. Of these 64 companies, ?73% have all male team of executive directors, 51% have only male non-executive directors and 56% possess all-male boards?.

Some of the companies included in these stats are:

-????????? Gala Coral, an online betting agency whose bingo clients are predominantly female

-????????? Fitness First, a gym group who have specialist female only gyms

-????????? Virgin trains, run by Richard Branson

-????????? Brakes Group, a catering company

The argument that these companies have presented to defend their all male boards are that they hire on the basis of ?who will do a better job? and not on gender.

Supporting this theory Helena Morrissey, chief executive of Newton Investment Management ?you need to have worked 10, 20 or 30 years to become a chief executive. The level of women in the top executive roles largely reflects the mistakes of years ago. This is a problem that is not going to be solved overnight?.

So, are men generally just better than women at high employment positions or do women just need more time to make significant changes in the workplace?

The Chartered Management Institute conducted a survey last year, with both men and women who started their careers at exactly the same time, at the same company on the same day, got promoted at the same time, achieved the same level of seniority and retired at identical moments. The results showed that the men earned ?423,390 more than females.

While this is an interesting statistic, it seems a little irrelevant as those females who have reached retirement age already are from a generation where women commonly took time out of the workplace to raise their children. This is becoming less frequent and therefore enabling the employment patterns to change.

Alternative to allowing time to change the gender boardrooms battles, some are supporting the idea of introducing quotas. Where companies have to reach a certain quote of women directors ? Norway have already introduced this and believe it to be quite successful with 44% of people on company boards are now women.

Of course there are arguments for and against introducing such a law. If it means having board members that are not suitably qualified this will create a board that cannot fully support a company. On the other hand it will give females the opportunity to make the next step and turn the ?old school men?s club? business ways on its ears enabling females of the future to take a seat on the boards.

So, with all this in mind ? are men the better talent in the workplace?

Read more:

The Guardian, Women inch towards equality in the boardroom, January 2013

Source: http://internationalbusinessblog.conversisglobal.com/2013/01/08/are-men-really-the-better-talent-in-the-workplace/

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