RingCentral is a proud supporter of
International Women’s Day 2023.
We asked female leaders from throughout RingCentral to weigh in on the importance of International Women’s Day and how they feel supported by the organization.
What's the difference between 'equity' and 'equality'?
The terms may sound similar, but they are not synonyms. The implementation of one versus the other can lead to dramatically different outcomes.
Equality is giving each individual or group the same resources or opportunities.
Equity recognizes each person has different circumstances and allocates the resources and opportunities needed to reach an equal outcome. We can’t assume that everyone is starting out in the same place. We must work together to recognize, take accountability, and change the barriers that people must overcome to reach their goals.
WOMEN IN THE WORKPLACE
Progress has been marginal since 2016
Women continue to experience a “broken rung” at the first step to management. McKinsey’s Women in the Workplace 2021 report indicates that for every 100 men promoted to entry management positions, only 86 women receive the same opportunity. Because of this, men significantly outnumber women in the talent pool—therefore, men receive more offers to be promoted up the corporate ladder. This underrepresentation of women at the entry management level likely explains the slow progression of women being hired to C-suite positions.