The Philippines ranks first overall in gender diversity from among 10 Asian countries, from the smallest gap in pay between women and men, to the highest female representation in the workforce and in senior leadership roles.
This is based on the recent Gender Diversity Benchmark for Asia (GDBA) report by Community Business, a Hong Kong-based non-profit organization which also leads the Diversity & Inclusion Asia Network.
The results were presented in the Philippines recently in a forum organized by Thomson Reuters, which co-funded the report.
The GDBA, developed through a partnership between Community Business and global advisory firm Willis Towers Watson, analyzes data from close to 4.8 million employees in more than 3,600 companies from the Philippines, China, Taiwan, Hong Kong, India, Singapore, Malaysia, South Korea, Japan and Indonesia.
Countries were ranked across the key metrics of women representation in the total workforce, women representation at senior level and the pay gap, with the Philippines emerging with the best diversity performance by averaging the rankings of the three indicators.
This is the first time the Philippines was covered by the GDBA, now on its fifth edition.
The Philippines leads the region in the representation of women in senior leadership roles at 33 percent, followed by Malaysia (26.7 percent) and Hong Kong (24.7 percent).
