RP employs most number of women in senior management positions

MANILA, Philippines - The Philippines currently employs the most number of women in senior management positions in privately-held companies, a survey said. Forty seven percent of senior corporate positions in the Philippines are occupied by women, way above the 24 percent global average, a poll conducted by accountancy and advisory firm Grant Thornton International. Russia secured the second spot at 42 percent, followed by by Thailand at 38 percent, Poland at 32 percent, and mainland China with 31 percent, said the survey which covered 7,200 privately held businesses (PHBs) in 36 economies. Meanwhile, nations that have the least number of females in top management positions are Japan at 7 percent, Belgium at 12 percent, Denmark at 13 percent, India and Netherlands at 15 percent each. These results were released by audit, tax and business advisory firm Punongbayan & Araullo (P&A), a member firm of Grant Thornton. “Women in the Philippines have really broken the proverbial 'glass ceiling', not only in the corporate world but also in government," Lily Linsangan, audit partner at P&A and head of the firm’s Business Risk Services group, said. “As an auditor of more than 25 years, I have not encountered an all male management team. In our own firm, eight of the 18 partners are women and five of the seven members of the management committee are female," she added. There are more female executives in local privately-held companies, latest figures from the Department of Labor and Employment (DOLE) show. In 2002, the ratio was 1.86 million females to 1.4 males in supervisory and executive positions. By 2007, the figure rose to 2.281 million female managers to 1.677 million males. - GMANews.TV