The coronavirus pandemic could wipe out at least six years’ worth of progress for women in the workplace, according to a sobering new report from McKinsey and women’s advocacy nonprofit Lean In.
“We are sounding the alarm, we are worried, we are at a crossroads,” said Lareina Yee, senior partner and chief diversity and inclusion officer at McKinsey during a virtual press conference on Wednesday.
For the last six years, the Women in the Workplace report has collected data about how women progress — or don’t — through their careers. This year, the report, based on 317 companies across the US and Canada, surveyed more than 40,000 employees in a range of industries from finance to tech. It