Fixing Inequities Holds Key to Lower Women Attrition | Current Affairs | Vision IAS

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Fixing Inequities Holds Key to Lower Women Attrition

2 min read

Gender Representation and Equity in Corporate India

Efforts to address workplace inequities are showing positive outcomes in reducing female attrition rates, even though women remain underrepresented, especially in senior positions in corporate India.

Current Statistics on Women's Representation

  • The overall representation of women in corporate India is 24.6%.
  • Global Capability Centres (GCCs) have a higher representation at 32.6%, with leadership roles at 17.3%.
  • The technology consulting and services sector shows 28.8% representation, while leadership positions are below industry average at 6.2%.

Challenges in Leadership Representation

Despite higher general representation, there is a significant drop-off in women reaching leadership roles due to systemic issues.

  • Representation by management levels: 10% in leadership, 12% senior, 17% mid-level, and 27% junior levels.
  • Industries like manufacturing (10.1%) and consumer goods (18.4%) show significant gender gaps.
  • Contributing factors include traditional gender roles, cultural biases, and lack of female role models.

Impact of Pay and Performance Equity on Attrition

Organizations promoting equity in pay and performance experience lower female attrition.

  • Overall female attrition rates are 15.5%, compared to 18.9% overall.
  • Pay equity reviews lead to attrition rates of 14.1% versus 15.7% without reviews.
  • Bias checks in performance management associate with 15% attrition, compared to 17.5% without checks.

Benefits for Working Mothers

Companies with robust support measures for working mothers see reduced attrition.

  • 77% offer hybrid working options to mothers, with attrition at 13.8% compared to 21.9% without such options.
  • 64% provide flexible/compressed hours for new mothers.
  • 28% have structured return-to-work programs for women after career breaks.

Providing maternity, childcare, and flexible return-to-work support enhances women's engagement and economic security during pivotal career transitions.

  • Tags :
  • Gender Representation
  • women in corporate
  • Pay and Performance Equity
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