WORKPLACE GENDER GAP
View: Gender diversity needs work
This year, 797 women candidates contested the general elections, constituting 9.6% of the total 8,337 candidates. Only 74 of them won a seat in the 18th Lok Sabha - four fewer than the number of women in the 17th Lok Sabha. This comes less than a year after the passage of the Women's Reservation Bill, which reserves one-third of seats in Lok Sabha and assemblies for women.
India Inc makes a play for equality: L&T and Amazon lead the way with all-women teams in engineering and delivery
Engineering giant L&T has established an all-women team at Tata Steel's mining site in Odisha, handling large machinery repairs, inspired by a successful pilot. Amazon, which initiated all-women virtual customer service in 2020, now operates nine all-women delivery stations in various locations. Companies like Shell, KFC, and Dr. Reddy's are also creating all-women teams in various sectors, boosting productivity, reducing attrition, and attracting female talent. These initiatives aim to address the gender gap and promote inclusive practices across industries.
Initiatives on track to increase women’s participation across levels, say 54% Indian employers – much above global average of 46%
Internal leadership development programmes, followed by flexible working policies, most effective in helping retain and secure diverse talent, finds ManpowerGroup Diversity Outlook Survey
India Inc embraces gender-neutral parental leave policies for inclusive work environment
India Inc revamps parental leave policies to support changing family structures and foster inclusion. Companies like Colgate-Palmolive and Hindustan Unilever introduce gender-neutral initiatives. Volvo Group and Standard Chartered enhance parental leave programs. Expert Mansee Singhal emphasizes economic benefits for organizations.
Wanted: Policies that support womens’ advancement in the workplace
In India, women face significant barriers in the workplace, from the burden of unpaid care work to the gender pay gap. Despite anti-harassment policies like the POSH Act, compliance remains a challenge, contributing to the "leaky pipeline" where women exit the workforce.
Employees see AI driving organisations in 4 years; talent shortage stands out despite learning interest, says survey
Employers in India prepare for AI-driven future, valuing AI skills. AWS survey reveals expectations and benefits across departments. Upskilling interest spans generations, emphasizing the need for effective AI training programs and career path awareness.
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Women as business leaders: India Inc moved little in five years, finds study
The male-to-female ratio in leadership roles at Indian companies remains unchanged, indicating a lack of gender equality. Sectors like technology, information & media, real estate, transportation and logistics have seen a downward trend in women in leadership roles, while industries like construction, oil, gas & mining, and utilities have seen more women in such positions.
Gender diversity, inclusion not just ideal, but a strategic necessity for businesses: Industry
The Indian IT industry has made progress in gender diversity, but there is still underrepresentation of women in top positions and boardrooms. Companies should offer flexible work options, mentorship programs, and robust support structures to support women's progress. Encouraging women's participation in STEM fields and bridging the gender gap requires institutional-level initiatives.
The perception of gender pay gap and bias seen rising with affluence
The second report from the 'Women and Finance' study by DBS Bank India and CRISIL reveals that 23% of salaried women in Indian metros perceive a gender pay gap, while 16% report experiencing gender bias at work. Affluent women show a higher perception of the gender pay gap and bias compared to semi-affluent women.
India ranks 113 out of 190 countries in the World Bank’s legal gender gap index
India ranks 113 in the World Bank's Women, Business and Law index, with women having 60% of the legal rights compared to men. Closing the gender gap could raise global GDP by over 20%. India's female labour force participation rate is 37%.
Fewer women are getting promotions compared with men, shows study
Women are also getting a smaller chunk of the promotion budget. Of the entire promotion budget that companies have, women are paid Rs 88 for every Rs 100 that men are paid, according to data from global professional services firm Aon, shared exclusively with ET. This indicates that women are not getting higher-paying jobs or are getting fewer high-paying roles.
Need more women in AI for inclusive development of the technology
A diverse workforce is better tooled to identify and remove biases, while women also bring to the table a different mental toolkit
Red flag: Why are so few women checking into India Inc’s C-suite?
Only 4% of exec directors at Nifty 50 are women, and across NSE-listed cos that figure drops to 3%; enabling policies needed to empower them. There is a persistent and high level of unconscious bias as well. Allyship is key. “Boys’ clubs still operate that many times do not give women the right kind of projects (that can advance them in their career) thus demotivating many women who see their juniors becoming senior and moving ahead,” said Girotra.
Navigating workplace conflict: A quick guide for early career professionals
Workplace conflicts, if left unresolved, can harm organisational productivity and impact work culture. Differing personalities, conflicting goals, communication breakdown, discrimination, and high workload are common causes of disputes. To address conflicts, organisations can create inclusive environments, establish open communication channels, and introduce employee engagement activities.
Challenging gender stereotypes: CJI Chandrachud cites years of him caring for ailing wife
Chief Justice DY Chandrachud, in a lecture, addressed gender pay gap and homemaker's rights in India. He emphasized society's subjective allocation of roles based on gender, caste, and disability, perpetuating stereotypes. Chandrachud, challenging these norms, shared his experience as the sole caregiver for his ailing spouse.
India Inc steps up focus on returning women professionals
Companies across sectors--pharmaceuticals, insurance, technology, financial services and renewable energy--are accelerating their focus on second career programmes as they look to tap into a non-traditional but experienced talent pool, and also move the needle on gender diversity numbers, said executives of talent consulting and diversity firms.
Gender pay gap widens as women go up the tech ladder
Aon’s latest estimates shared exclusively with ET showed that the unadjusted gender pay gap in the technology sector in 2023 is in the range of 28-30%, while for junior management, it is 8-10%.
Women in Iceland including the prime minister go on strike for equal pay and an end to violence
Iceland's Prime Minister, Katrin Jakobsdottir, joined women across the country in a strike to demand an end to unequal pay and gender-based violence. The strike, called the "women's day off," called on women and nonbinary individuals to refuse both paid and unpaid work for the day. The walkout is the largest since Iceland's first such event in 1975, which led to the country passing a law guaranteeing equal rights. Despite Iceland being ranked as the world's most gender-equal country, there is still a gender pay gap.
Mind the gap: Median female salaries at Nifty50 companies lag males' by a tenth
ET analysed the median salaries for male and female employees disclosed by Nifty50 constituent companies. Of the 50 companies, 43 disclosed this data in their FY23 annual reports. The median male salaries were higher than median female salaries in 31 of these companies. The median female salaries were, on average, 9.2% lower than the median male salaries.
Why gender diversity is important at CXO and board levels
Gender equality in leadership positions within organizations is crucial for fostering innovation, driving growth, and building a healthy work culture, according to experts. A diverse leadership brings a range of skills and perspectives, helping companies inculcate a culture of equality and inclusivity. Studies have shown that companies with more gender-diverse boards perform better financially, are more innovative, and have better corporate governance.
TCS, Infosys, Wipro, others are steering the drive to bridge IT's gender gap
The share of women employees across the top five IT companies stood at 34.1% at the end of the first quarter of 2023-24, up from 31.7% as of the first quarter of 2017-18, Xpheno data showed.
Gender-budgeting, unleash the 'crazy'
Empowering women - whether in the boardroom, workplace or household - is not just about bridging the gender gap. It is also a strategic means to empower India's economy as a whole. For this reason alone, gender-budgeting - revealing the different impacts of spending and revenue decisions on women and men - is imperative. This was the singular idea pitched by Times Group vice chairperson and managing editor Samir Jain in his welcome address at last week's ET Awards of Corporate Excellence.
Why is a woman's salary less than a man's? A gaze down the gap
The gender pay gap — a woman being paid less than a man even when both are performing the same role in a company — may sound like an exception. But it's so prevalent that it's rather a norm across the world. According to an ILO study, women on average are paid about 20 per cent less than men globally.
Women’s Day 2023: Embracing equity and the digital gender gap
The UN Women’s Gender Snapshot 2022 report revealed that the exclusion of women from the digital world has caused the staggering loss of $1 trillion from the GDP of low-and middle-income countries in the last decade.
Women continue to lag in financial services roles in India: Study
The BRSR framework is a set of sustainability disclosures released by Sebi in 2021 and Indian companies were asked to report topics such as workforce composition, pay, attrition, and other factors, split by gender. The disclosures are voluntary for FY22, and mandatory for the top 1,000 companies from FY23
Gender pay gap is a complex issue with no easy solutions, says JobsForher CEO
The platform caters to three cohorts of women professionals 一 Women Returnees, Women In Tech, and Women In Leadership and is increasing its reach to include Women Starters. JobsForHer clients include Amazon, DBS Tech, KPMG, Johnson Controls, PwC, among others. In addition, the brand has collaborated with a number of SMEs and startups, including PayU, Numberz, Digit88, and Cuemath.
Women attain just 74% of men’s wealth at retirement; gender wealth gap in APAC largest in India at 64%: report
Women attain just 74% of men’s wealth at retirement; in APAC, gender wealth gap largest in India at 64%: WTW Global Gender Wealth Equity report
More women seek entrepreneurship opportunities during pandemic, shows LinkedIn data
Growth rate of female entrepreneurs surpasses male entrepreneurs, up by 2.68x between 2016 to 2021.
Women can be allies and buddies to other women joining the workforce, says Seema Unni, Fidelity HR Head
Personal motivation can be complex, moulded by our internal conditioning & the environment.
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