Only one woman for every eight on India Inc payroll: CFA study

In FY22, the average ratio of median remuneration of women to men was 0.97, suggesting gender pay parity

Women’s participation rate in finance and related fields continues to lag in India, the average count being only one woman for every eight people on the payroll, according to a sample study of 134 companies by CFA Institute and CFA Society India.

The global not-for-profit association of investment professionals looked at disclosures made by 134 listed firms in their Business Responsibility and Sustainability Report (BRSR) for 2021-22 (FY22).

The BRSR framework is a set of sustainability disclosures mandated  by the Securities and Exchange Board of India (Sebi) in 2021 and Indian companies were asked to report topics such as workforce