Women: a growing force in Russian business

Women: a growing force in Russian business
Girl power is growing as the number of women taking top positions in Russian companies significantly increased in 2012.

­The Price Waterhouse Coopers annual research “Career opportunities for women in business” has been published ahead of International Women’s Day. Russian women did make a jump last year going up the employment ladder. The report showed that women took 21% of CEO positions in 2012, comparing to 13% last year.

Women also took 60% of CFO’s position in 2011, comparing to 49% in 2011. HR-Director is also a women-friendly job as ladies were appointed to 68% of vacancies to this position.

More than half of companies consider that strong reliability and industry makes a female candidate preferable. They also admitted that women usually stay with them longer than men. Meanwhile 30% of bosses admitted that women are ready to work on lower salaries than men.

To build a successful career in business a woman should demonstrate a proactive position (98%), a “can-do” spirit (85%), an ability to build a relationship with colleagues (80%) and a good education (78%).

More and more employers have a policy which is friendly to female employees with young children.  The most popular benefit is flexible working hours (63%). Also a working from home policy (45% comparing to 36% in 2011) and family medical insurance (35% comparing to 21% in 2011) became widespread in Russian companies recently.

Meanwhile the majority of companies (78%) don’t have work adaptation programs for women after their maternity leave ends. On average women spend 11-24 months on maternity leave in Russian companies.

The PwC surveyed 82 Russian and foreign companies operating in Russia with about 8,300 employers taking part in the survey.