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Women in the Workplace: Gender Parity

Retail investors are increasingly interested in supporting companies that recruit, promote and rally behind a diverse workforce. While gender parity is top of mind, it’s difficult to find data around gender composition. So, it’s not surprising that the SHE index has been heralded as one of the best vehicles through which consumers can identify and support companies with workforce gender parity. However, when using Revelio’s data, we found that the companies tracked in the SHE index had gender ratios only marginally greater than market averages across U.S. companies.

Revelio Labs

1/1/20

Retail investors are increasingly interested in supporting companies that recruit, promote and rally behind a diverse workforce. While gender parity is top of mind, it’s difficult to find data around gender composition. So, it’s not surprising that the SHE index has been heralded as one of the best vehicles through which consumers can identify and support companies with workforce gender parity. However, when using Revelio’s data, we found that the companies tracked in the SHE index had gender ratios only marginally greater than market averages across U.S. companies.

Essentially, investing in the SHE Index is equivalent to investing in the S&P 500 from a gender parity perspective (with a gender ratio of 4:6). Using Revelio’s global labor market data, we were able to create a Revelio Labs Gender index that achieved a gender ratio of 7:3.

Additionally, beyond just looking at total workforce, we also examined mobility of female employees. With Revelio, we were able to segment out companies that promoted women at a faster rate and had more female leaders in executive roles. Here again, the Revelio platform enabled us to build an index with 50% more women in senior roles.

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