New Financy Women’s Index shows changes

In the 12 months to December 2016, the Financy Women’s Index powered by Data Digger improved 4.1 points to 106.2 points, as the number of women occuping corporate board positions rose and the disparity between average earnings fell to its lowest level in five years.

Women less likely to get promoted than men

Substantial differences identified in feedback provided to women and men point to the perceived riskiness of female appointments. Women are told more frequently than men that they need to display “more confidence” and have “more experience” to be promoted.