Work

Women are quitting leadership roles faster than ever

An executive said the departures ‘could spell disaster’ for companies

A lack of affordable childcare is one factor behind the problem. Picture: Getty

Women are leaving the top ranks of companies at higher rates than ever before — as female employees remain less likely to get promoted into leadership roles in the first place.

For every woman at the director level who gets promoted, two female directors are choosing to leave their company, according to a new McKinsey & Co and LeanIn.org report. The organisations, which analysed data from 12 million employees at more than 330 companies, have ...