More Women Being Promoted to Corporate Executive Positions | Be Korea-savvy

More Women Being Promoted to Corporate Executive Positions

(image: KobizMedia/ Korea Bizwire)

(image: KobizMedia/ Korea Bizwire)

SEOUL, Jan. 24 (Korea Bizwire)Corporate women have been promoted to executive-level positions in bigger numbers in recent months, according to data Wednesday, in the latest sign that the glass ceiling is being chipped away in the male-dominated society.

CEO Score, a site that appraises corporate management, counted 65 job promotions for women among a total 1,968 at the top 30 business groups. The count is from November last year to Jan. 18, a period running from year-end into the new year when conglomerates usually carry out personnel reshuffles.

The number for women accounts for 3.3 percent of all executive-level promotions, the first time for it to cross the 3 percent threshold. The proportion in 2014 was 1.4 percent, which rose to 2.3 percent in 2015 but stagnated at 2.2 percent in 2016 and at 2.3 percent in 2017.

Personnel records from the conglomerates showed 39 companies among the conglomerates’ affiliates included females in the promotions, accounting for 16.2 percent of all companies. That figure is up from 22 companies, or 9.4 percent, in 2014.

KT Corp., the country’s largest telephone company, had the largest proportion of women in its promotions, with three out of 34 for 8.8 percent. Brokerage house Mirae Asset Daewoo came next with 6.8 percent, followed by Lotte with 6.2 percent and POSCO with 5.9 percent.

In pure numbers, Samsung gave executive positions to 16 women and Lotte 13. LG had seven and Mirae Asset six, while POSCO, CJ and SK each had four. Hyundai Motor promoted three women to executive-tier jobs.

At the other end of the list, Daewoo E&C, Doosan, LS, GS and Hyundai Heavy Industries had no promoted women. Daewoo E&C and LS had no women promotions over the past five years.

Among individual companies, Samsung Electronics had 10 promotions for women, the only firm to have a double-digit record. Samsung SDS had four, while Lotte Shopping, Mirae Asset Darwoo, KT and LG Electronics each had three.


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