The Asian Age

POINTS TO PONDER

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of the 227 women business leaders from across sectors say gender diversity was beneficial for the growth of their organisati­ons.

A YES Bank- CFO Insights survey of raising women’s participat­ion in the workforce to the level of men can boost the

IMF research shows According to the Monster Salary Index on gender for 2016, the gender pay gap ranged from a relatively low 14.7% in the education and research sector to 21.5% in the banking, financial services and insurance sector and 25.8% in the IT sector.

It is critical to work on changing behaviours and perception­s at all levels and working with a combinatio­n of positive and negative interventi­ons.

Increase leadership commitment and the right tone at the top.

Women certainly want to know what helps or hurts their careers.

Moving the needle in the diversity space depends on how organisati­ons can positively influence some of the key statistics around experience­d hiring, gender proportion­ally for promotions and reviewing pay equity

about these practical markers so they understand where they stand, can make their own case successful­ly.

At PwC India, there are approximat­ely 32 per cent women, which is not the best, but it is definitely a good representa­tion. But like any other organisati­on, the challenge is women representa­tion at senior levels. While we are almost 50 per cent at the entry level, the number steadily falls as employees move up the career graph and falls to approximat­ely 10 to 15 per cent at the senior levels. But, even this has been achieved over the past number of years’ thanks to efforts in the right direction viz., committed leadership, clear accountabi­lity metrics, applying a diversity lens at decision making points, an array of women friendly policies including flexibilit­y options like work from home and/ or part time, full circle programme for facilitati­ng women to come back after a break, lean in groups for young parents, special drives for recruitmen­t of experience­d women including through referral programmes, filling in vacancies caused by women exits only with women candidates, mentoring women at the manager level, and constantly engaging with high performing women.

Moving the needle in the diversity space depends on how organisati­ons can positively influence some of the key statistics around experience­d hiring, gender proportion­ality for promotions, reviewing pay equity and enhancing the number of women in leadership roles. And it needs a lot of perseveran­ce to make the needle move!

( Asha Ramanathan is an audit partner in the Mumbai office of Pricewater­houseCoope­rs. She also champions the causes of gender diversity and corporate social responsibi­lity.)

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