India grapples with a significant gender disparity in its workforce, with 63 per cent of women aged 15-64 years not being part of the labour force. Traditional societal roles, including marriage, motherhood, and disproportionate domestic responsibilities, play a significant role in hindering women's entry into paid work. While these factors are critical constraints, the survey emphasises the pivotal role of employers in influencing women's labour market participation.
The landscape of gender diversity within the corporate sector of India paints a picture of contrasts. While there is acknowledgment of the need for gender inclusivity, the actions taken often fall short of the rhetoric. The recently unveiled Women in India Inc HR Managers Survey report by The Udaiti Foundation and the Center for Economic Data & Analysis sheds light on these disparities, urging for urgent and concrete steps towards addressing the persistently low participation of women in India's workforce.
The Importance Of Data-Driven Conversations And Collaborative Efforts
The survey reveals alarming statistics, such as 34 per cent of women exiting firms due to work-life balance issues compared to only 4 per cent of men. Despite 55 per cent firms setting goals for women's advancement, only 37 per cent actively address gender imbalances in hiring. Legal compliance gaps are also glaring, with 59 per cent lacking mandatory internal complaint committees and only 17.5 per cent providing childcare facilities. Gender bias in hiring is evident, with career breaks diminishing women's selection chances by 24 Per cent.
The Women in India Inc HR Managers Survey, conducted by The Udaiti Foundation and the Center for Economic Data & Analysis, reveals a glaring discord between rhetoric and action in gender diversity initiatives within corporate India. Despite efforts to address the persistently low participation of women in the workforce, significant gaps exist in implementing inclusive policies and practices. The survey showcases statistics highlighting challenges such as gender bias in hiring, lack of support for work-life balance, and insufficient legal compliance. However, it also identifies promising initiatives like inclusive hiring strategies and flexible work arrangements. The report's unveiling at the Women in India Inc Summit underscores the importance of data-driven conversations and collaborative efforts to drive meaningful change towards gender-inclusive workplaces in India.
Insights From HR Managers
The study, which involved 200 senior human resource managers across various sectors, unveils insights into the landscape of gender diversity policies and practices. While a majority of HR managers acknowledge gender diversity goals, only 43 per cent actively measure and disclose gender representation data. Additionally, despite 73 per cent of organisations claiming gender diversity goals, only 21 per cent possess clear internal strategies for achievement.
Amidst the challenges, the survey highlights commendable efforts by some organisations. Around 87 per cent employ at least two inclusive hiring strategies, and 57 per cent employ at least three, indicating a commitment to fostering inclusive workplaces. Proactive steps towards leadership development, including mentorship programs and flexible work arrangements offered by many companies, showcase a positive shift in organisational culture.
Leaders in the corporate sector emphasise the importance of data-driven initiatives and collaborative efforts in addressing gender diversity disparities.
The Women in India Inc HR Managers Survey report serves as a wake-up call for corporate India to bridge the gap between rhetoric and action in gender diversity initiatives. While challenges persist, promising initiatives and collaborative efforts offer hope for a more inclusive and equitable corporate landscape. With data-driven strategies and concerted action, India Inc can pave the way towards gender-inclusive workplaces, empowering women and driving economic growth.