Women are to a higher extent well-educated than men and well-represented on the labor market. According to Ledarna, studies also show that companies with an even gender balance in top management have higher profitability and innovation rate.
Despite this, it is noted that women are underrepresented in the highest executive positions.
"If we extrapolate the average growth rate for 2014-2022 forward in time for each executive level, we see that we will achieve gender equality at the highest executive level for the first time in 2135," says Andreas Miller, the federation chairman, in a press release.
An increased pace is a prerequisite for Sweden's development and competitiveness, believes the organization, which urges companies to actively seek out women and review the design of assignments.
"Unsustainable executive assignments in combination with skewed responsibility distribution for home and children knock more women off the path to the top," says Miller.