Gender Meter is an innovative assessment tool designed to evaluate and measure gender equity in financial and tech organizations. By examining key factors such as recruitment practices, workplace policies, organizational culture, and the economic impact of gender diversity, Gender Meter provides actionable insights to help companies improve their inclusivity and compliance with ESG (Environmental, Social, and Governance) reporting standards.
2. Industry Context & Key Players
Existing Players in Gender Equity Measurement in Financial & Tech Sectors Several organizations have developed tools to measure gender equity:
AnitaB.org:
Advances women in tech through research and advocacy.
TechLeaders:
Offers assessments and certifications for gender equity in leadership.
Catalyst:
Provides resources to promote inclusive workplaces.
Financial Alliance for Women:
Aims to increase gender-inclusive financial products and workplace policies.
Gender Equality in Finance Initiative:
Works on increasing women’s representation in leadership roles within financial services.
Focuses on practical implementation rather than just compliance.
Provides industry-specific recommendations addressing the unique challenges faced by financial firms.
Utilizes dynamic scoring for real-time insights tailored to both tech and financial services roles.
Incorporates ESG standards, linking gender equity to corporate sustainability reporting and investor relations.
HOW GENDER METER DIFFERS?
3. Key Statistics on Gender Equity in Finance & Tech
Women in Leadership: Only 10% of tech CEOs and 8% of financial CEOs are women (2024 data).
Pay Gap: Women in tech earn 83 cents for every dollar earned by men; in finance, the gap is 77 cents (Payscale, 2024).
3. Application of McKinsey’s 7S Framework:
To ensure a holistic assessment, Gender Meter incorporates McKinsey’s 7S Framework.
4. Measurement Framework & Scoring:
Gender Meter Scoring Mechanism
A weighted score system evaluates organizations across four dimensions:
5. Detailed Scoring System:
Each question is weighted based on its impact on workplace gender equity. The final weighted scoring method ensures fair and consistent evaluation:
Yes = Full points
In-progress = Half points
No = 0 points
This approach guarantees that partial progress is acknowledged while fully implemented best practices receive maximum credit.
6. Next Steps:
1. Finalize & Validate the Framework
Conduct expert reviews with DEI professionals and HR leaders.
Align metrics with global gender equity benchmarks.
2. Pilot Testing with Tech Companies
Identify 3-5 companies for initial assessments.
Collect feedback and refine the scoring model.
3. Data Collection & Benchmarking
Integrate findings with industry research.
Publish a Tech Gender Equity Report with insights and best practices.
4. Develop a Digital Gender Meter Platform
Build an interactive dashboard for companies to track progress.
Enable automated scoring and benchmarking tools.
5. Strategic Partnerships & Expansion
Collaborate with tech firms, DEI organizations, and industry leaders.
Secure funding to scale Gender Meter across industries.
Gender Meter is more than a diagnostic tool — it’s a design intervention for equity. By turning invisible biases into visible benchmarks, it empowers organizations to move from passive intent to proactive change. Because equity doesn’t begin with answers — it begins with asking the right questions, and having the courage to act on them.
