Evaluating Gender and HRM

Evaluating Gender and HRM.  Gender has become an important measurement in the
assessment of social progress and economic development
o eg: World Economic Forum “Global Gender Gap Report”
has been measuring and ranking country progress in gender
equality since 2006 based on key indicators:

Evaluating Gender and HRM

Why Gender Equality in an Economy Matters?
o Studies show greater gender equality in workforce contributes to
increased GDP for an economy and increased profitability for business
o As women become more economically independent, they become
significant consumers of goods and services
(e.g. women make prime purchasing decisions in households)
o

Women are more likely than men to invest a larger proportion of
household income in education and health of children
o As economies age, labour force and talent shortages emerge;
integration of women is key to promoting sustainability and dynamism
o Studies show that in an economy and society where it is relatively easy
for women to combine work and parenting, there is higher fertility and
higher gender equality in employment

FLPR highest in low-income countries where women are engaged
in subsistence activities
▪ As GDP rises, some women who otherwise would have worked out
of necessity will choose not to work and instead spend time on
activities outside of the labour market (e.g. education, domestic work)
▪ As women’s education increases, fertility rates decrease and
white-collar employment increases (absent any social barriers),
FLPR tend to increase again, and directly increases GDP per
capita.