Women in leadership

Women in leadership: why representation still lags

Published 3 July 2026, last reviewed 3 July 2026

A diverse group of professionals engaged in a collaborative office meeting.
Photo: Christina Morillo / Pexels

If you look at a FTSE 350 boardroom photo from 2011 and one from today, you would notice the change straight away. Back then, women held fewer than one in ten board seats. Now they hold more than four in ten. On paper, that looks like a solved problem.

Look one layer down, though, and a different picture appears. The women on those boards are mostly non-executive directors, brought in part-time to advise and challenge. The people who actually run the companies, the chief executives and finance chiefs, are still overwhelmingly men. Women in leadership has become a story of visible progress at the top and stubborn resistance just below it. This guide walks through what the UK data really shows, why the gap persists, and what genuinely helps close it.

Where women in leadership stands in the UK today

The headline figures are encouraging. According to the government-backed FTSE Women Leaders Review, women held 43% of all board roles across the FTSE 350 by the end of 2025, up from just 9.5% in 2011. Around 88% of FTSE 350 companies had reached or come close to the voluntary target of 40% women on boards. Across the wider FTSE, women held 35.3% of leadership roles, a slight rise from 34.5% in 2023.

That is real change, and it did not happen by accident. It followed a decade of voluntary targets, annual public reporting, and sustained pressure from investors and government reviews. Britain now sits among the stronger performers in Europe for women on boards.

But board membership is only part of what “leadership” means. A board seat, especially a non-executive one, is influential yet often part-time. It is not the same as holding the operational reins. Once you separate the two, the progress narrows sharply.

The numbers that reveal the real gap

Here is where the story turns. The same FTSE Women Leaders Review found that women hold 49.5% of non-executive director roles, effectively parity, but only 15.4% of executive director roles. Executive directors are the people running divisions, setting budgets, and sitting on the direct path to chief executive.

The chief executive figure is starker still. Across the entire FTSE 350, there were just 19 women chief executives, about 7% of the total. So a young woman entering the workforce today can look up and see plenty of women on boards, yet almost no women in the single most powerful operational seat in a large listed company.

This pattern has a name in workplace research: the broken rung. The problem is not only the glass ceiling at the very top. It is the missing step much earlier, the first promotion into management, where women are promoted at lower rates than men. Fewer women reaching that first rung means a thinner pipeline at every level above it. By the time you reach the executive committee, the pool of women to draw from has already shrunk dramatically.

The Chartered Institute of Personnel and Development (CIPD) and other UK bodies have documented the same effect: representation is healthy at entry level, holds up through junior management, then falls away as roles become more senior and more operational. Parity on boards is the easier win because those seats can be filled directly. Parity in the executive pipeline is harder because it depends on years of promotion decisions going differently.

Why representation still lags

Several forces combine to hold women back on the way up, and none of them is about ability.

The motherhood penalty. The ONS gender pay gap data shows the gap is small for younger workers and widens considerably after around age 40, a pattern consistent with the impact of having children. Many women step back, go part-time, or take a career break during the years when their peers are being groomed for senior roles. The time out rarely reflects lost ambition, but promotion systems often treat it as if it does. Our guide on returning to work after maternity leave looks at how women rebuild momentum after a break.

Bias in who gets sponsored. Mentoring gives advice. Sponsorship gives opportunity: the stretch project, the introduction, the name put forward in the promotion meeting. Research consistently finds women receive plenty of the former and less of the latter. Leaders tend to sponsor people who remind them of their younger selves, and in most senior UK teams those people are men.

The pay gap feeds the leadership gap. Lower pay early in a career signals lower status and shapes who is seen as leadership material. The two gaps reinforce each other. If you want to understand how an employer’s numbers reveal its culture, our guide on how to read a company’s gender pay gap figures breaks it down, and the complete UK guide to gender pay gap reporting explains what companies must publish and why.

Networks and visibility. Senior appointments still happen partly through informal networks. Women who are not inside those networks, or who cannot attend every after-hours event because of caring responsibilities, miss the quiet conversations where succession is really decided.

What actually moves the needle

The encouraging part is that the levers are known, because the board progress proves they work when applied with intent.

Targets with public reporting. The single biggest driver of the board increase was the combination of a clear target and annual, named, public reporting. What gets measured and published gets acted on. Extending the same discipline to executive committee and senior management data, not just boards, would put the same pressure on the layer that actually lags.

Sponsorship, not just mentoring. Formal sponsorship programmes that pair high-potential women with senior leaders who are accountable for their advancement change promotion outcomes, not just confidence.

Real flexibility, applied to senior roles. Flexible and part-time working is common in junior roles and rare in senior ones. Making genuinely senior jobs available on flexible terms keeps ambitious women in the pipeline through the caring years instead of losing them.

Pay transparency. When salary ranges are open and pay gaps are visible, the informal decisions that quietly disadvantage women become harder to make. This is one reason the incoming pay transparency rules across Europe matter for the leadership gap too.

Coaching and development. Targeted leadership development helps women navigate systems that were not built with them in mind. If you are weighing up support for your own progression, our honest look at whether executive coaching for women is worth it is a good place to start.

Why it matters beyond fairness

It would be enough to close the gap simply because it is fair. But there is a business case too, and it is worth naming, because it is what persuades boards to act. Companies with more women in senior roles tend to make decisions with a wider range of perspectives in the room, which reduces blind spots in strategy, risk and product. The talent argument is even simpler: a company that promotes from only half its workforce is competing for leaders with one hand behind its back. When employers overlook women for the operational roles that lead to the top, they are not just being unfair, they are leaving capability on the table.

There is a signalling effect too. Young women decide what feels possible partly by looking at who already holds the roles above them. When almost no woman runs a large listed company, the absence quietly tells the next generation where the ceiling sits. Every woman who reaches a genuinely senior operational role widens what the women behind her believe they can reach. Representation, in that sense, compounds.

How the UK compares and what is changing

Britain has done well on board representation compared with much of Europe, largely because it chose voluntary targets and public reporting rather than waiting for the law to force change. That approach moved boards quickly. It has been slower to reach the executive layer, which no target has yet tackled with the same force.

The picture is about to shift again. New pay transparency rules spreading across Europe will require far more openness about salary ranges and pay gaps, and that openness reaches into promotion and reward decisions, not just recruitment. Greater transparency tends to expose the quiet, informal choices that hold women back on the way up. Our explainer on what the 2026 EU pay transparency directive means for UK employers sets out how these rules work and why they matter for anyone tracking the leadership gap. The direction of travel is clear: less can be decided in private, and that generally works in women’s favour.

What this means for you

If you are a woman building your career, the data is not a reason for discouragement. It is a map. It tells you where the pinch points are, so you can plan around them: push for the operational roles, not only the advisory ones; ask for sponsorship by name, not just feedback; and choose employers whose numbers show they promote women, rather than only recruiting them.

Women now make up almost half the UK workforce, and the talent has never been the issue. The gap between board representation and executive power shows that fair hiring is only the first step. Being backed all the way up is what turns representation into genuine leadership.

Frequently asked questions

What percentage of leaders are women in the UK? Women held 43% of FTSE 350 board roles and 35.3% of wider FTSE leadership roles by the end of 2025, according to the FTSE Women Leaders Review. However, they held only 15.4% of executive director roles, and there were just 19 women chief executives across the FTSE 350, about 7% of the total.

Why are there so few women in senior leadership positions? The main causes are structural rather than about ability: the “broken rung” of fewer first promotions into management, the motherhood penalty that widens the pay and progression gap after around age 40, and unequal access to sponsorship and senior networks. These compound over a career, so the pool of women thins at each level up.

What is the difference between women on boards and women in executive roles? Board roles, especially non-executive ones, are influential but often part-time advisory positions, and women hold close to half of them. Executive roles run the business day to day and lead to the chief executive seat. Women hold only about 15% of these in the FTSE 350, which is why board numbers look far healthier than real operational power.

What helps close the women in leadership gap? Clear targets backed by public reporting, formal sponsorship programmes, genuinely flexible senior roles, pay transparency, and targeted leadership development. The board progress since 2011 shows that measurement plus accountability works when it is applied deliberately.


This is general information, not career or legal advice. Statistics reflect the most recent FTSE Women Leaders Review and ONS data available at the time of writing and are updated periodically. For guidance on workplace rights, contact ACAS (free and impartial) or your HR team.

Last reviewed: July 2026

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