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Company leaders can close the gender gap in pay and advancement opportunities by adopting certain cultural practices, a new global report finds. Accenture released its findings in time for International Women's Day. The worldwide event has been observed since the early 1900s and is recognized each year on March 8. Governments, women's organizations, corporations and charities celebrate the social, economic, cultural and political contributions of women. The report, "Getting to Equal 2018: When She Rises, We All Rise," identified 40 factors that are statistically shown to influence women's advancement at work, including 14 cultural drivers that are most likely to effect workplace change. The findings are based on a survey conducted in November and December 2017 of more than 22,000 university-educated working men and women in 34 countries. Everyone benefits in organizations where the factors are most common; women gain even more when the wage and advancement gap narrows, the report found. In the U.S., for example, women could earn as much as $92 for every $100 a man earns if these factors are implemented; that's up from $73 a woman currently earns, on average, for every $100 a man earns.[SHRM members-only toolkit: Managing Pay Equity]"Workplace culture cannot be quantified but it is possible—and essential—to measure the factors that can contribute to a more diverse and equitable work environment. Businesses leaders can accelerate the pace of change by pinpointing the factors that are most relevant to the workplace culture of their organizations," the report said."Here are some of the cultural drivers Accenture identified for making positive cultural change:
Look in the Mirror
Transform the Culture
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