Connect with us

Hi, what are you looking for?

Economy

PHL is 4th in region for women with most leadership posts

THE PHILIPPINES ranked fourth in Southeast Asia in a study measuring the percentage of women holding leadership positions in e-commerce companies, online shopping company iPrice Group said.

With 39% of top-level positions in e-commerce firms held by women in the third quarter of 2020, the Philippines dropped to fourth out of the seven countries studied after holding the top spot in 2018.

“Hong Kong has the highest percentage of women in power in the top e-commerce companies in Southeast Asia, where 55% of the top-level roles are actually women,” iPrice said.

Vietnam and Hong Kong followed with 46% and 44%, respectively. Malaysia trailed the Philippines with 37%, followed by Indonesia (36%) and Singapore (35%).

“Overall, there is a 60-40 disparity between men and women when it comes to being in positions of power,” the report said.

The gender gap in Southeast Asia is wider for C-level and vice-president roles, with only 31% and 38% of the positions held by women.

But the gap shrinks with senior vice-president roles, 44% of which are taken on by women. Similarly, department heads in these firms are 41% women.

The Philippines last year topped a list of 32 countries in a global survey on the role of women in senior management. The Grant Thornton International 2020 Women in Business report showed that 43% of female executives were in a senior leadership role, compared to the 29% of female executives globally.

The iPrice report also found that Filipinos in e-commerce are the second-most “satisfied” with their jobs in Southeast Asia, after Indonesia.

“They give their top 3 e-commerce companies a 3.8-star rating, while 76% of them would recommend the companies to friends, and 87% of them approve of their CEOs,” iPrice said, but noted that the Philippines also has one of the lowest recorded salaries among the countries studied. — Jenina P. Ibañez

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Economy

Unemployment rate steadied in June, while job quality improved to its best in over a year, the Philippine Statistics Authority reported on Monday. Preliminary...

Economy

Follow us on Spotify BusinessWorld B-Side By Patricia B. Mirasol, Reporter speaking to Bernardo M. Villegas WITH EVERY CHANGE of administration comes the question of...

Economy

In line with the national government’s thrust to transform the Philippines through PPPs and collaboration between LGUs and the private sector, Iloilo City Mayor...

Economy

Click to enlarge. Click to enlarge.   Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience...

Economy

As the Aboitiz Group embarks on a Great Transformation towards becoming the first “techglomerate” in the country by 2025, the company’s power arm is...

Economy

Security Bank Corporation (PSE: SECB), one of the Philippines’ leading universal banks, has been serving retail, corporate, institutional, and MSME clients since it opened...

You May Also Like

Investing

Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...

Economy

Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...

Investing

Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Investing

Instagram still holds the top spot for social media in terms of building brand reputation and expanding business potential. Every day, more and more...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.