Manpower Inc. included in PINK Magazine’s Top Companies for Women for second consecutive year
Increased female participation in the workforce will be vital to addressing the skills shortage that will result from a global economic recovery. Regions such as the Middle East which have been less hit by the crisis continue to aggressively seek recruits, with a recent Gulf survey showing that more than 53 per cent of corporate respondents intend to hire more staff in the next 10 months.
The economic downturn has had a more negative impact on female workers, with the redundancy rate among women rising to 2.3 per cent. However, figures show that, on average, large companies with a majority of female board members post significantly better financial performance compared to those with fewer women. In addition, current job sectors such as information technology and engineering which are experiencing greater skills shortage are where women are least represented.
“Given today’s challenging economic conditions, companies need to be more inclusive and forward-looking. At Manpower Middle East, women comprise 75 per cent of the management team, and more than half of our operations and support staff in our nine Gulf offices is also female. Our women employees have been playing vital roles in maintaining our leading market position in the region,” said Patrick Luby, Managing Director, Manpower Middle East.
Manpower Inc., a world leader in the employment services industry, was recently honored for its commitment to empowering its female workforce by US-published PINK Magazine by naming it as a “Top Company for Women” for the second consecutive year. PINK’s exclusive annual ranking recognizes organizations that make women’s advancement a part of everyday business and count women among their top leaders and earners. Manpower was the only employment services company that met PINK’s three “Power,” “Pipeline,” and “Pay” criteria.
“All companies would do well to adopt the best practices demonstrated by forms like Manpower, who are committed to advancing women in the workplace,” said PINK CEO and Founding Editor Cynthia Good.
Manpower acquired Clarendon Parker Middle East, the region’s largest staffing solutions provider, in 2007 to establish a strong presence in the burgeoning Middle East employment services market. Among Manpower Middle East’s prerogatives are to sustain a workforce of diverse backgrounds, perspectives and experience who can meet the unique needs of its clients.
