It’s well known that we still have a problem with the under-representation of women and visible minorities in the corporate environment. The great news is so many individuals of all genders are taking an active role in working to improve corporate policies and these statistics in all industries. In fact, from 2015 to 2020, the representation of women in senior-vice-president positions grew from 23% to 28%, and representation in the C-suite grew from 17% to 21% across all industries (Mckinsey). Unfortunately, these statistics are still not flowing through to the commercial real estate sector where the salary gap has actually widened for women between 2015 and 2020.
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