IDENTIFYING THE PACE OF INDONESIAN WOMEN IN REACHING TOP MANAGEMENT POSITION IN THE BANKING AND INSURANCE SECTORS
Date
2012-08-04Author
Tedjosaputro, Elza Ardiati
Divinagracia, Maria Rochelle
Andreo, Fasco
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ABSTRACT
Women’s participation in the economy
has significantly increased over the years. In most
countries around the world, the upward trend of
women’s employment continues up to this point.
Unfortunately, the increased share of women in the
workforce is not followed with an increase in job
status, job opportunities, and job qualities. Women are
underrepresented in formal sectors as the percentage
of share in top management position is still far below
the men’s percentage. The above trends also happen in
Indonesia. Because of those facts, this research aimed
to describe the employment position of Indonesian
women in the banking and insurance sectors, and to
identify both the common factors and the most
frequently stated factors describing the pace of
Indonesian women in reaching top management
position, in the banking and insurance sectors. This
research utilized a qualitative method of analysis.
Focus Group Discussion (FGD) had been used to
collect the data. The participants of the four FGD
sessions were women employed in the banking and
insurance sectors with middle and lower managerial
positions. Both internal and external factors were
explored in this research. Internal factors included the
human capital theory and individual determinants.
External factors comprised the Indonesian
government efforts, work force state of affairs, and
social and cultural attributes. Combined efforts of
Indonesian women, Government of Indonesia (GOI),
and companies in Indonesia are important in
accelerating Indonesian women’s pace in reaching top
management position.