Page 3 - Women Workplace

'400 mn more women required in workforce to contribute $14 trn to economy'

India requires an additional 400 million women in the workforce to contribute USD 14 trillion to the economy which would necessitate nearly doubling the current female labour force participation rate (LFPR) from 37 per cent to 70 per cent by fiscal year 2047, according to a new report. Non-profit The/Nudge Institute has unveiled a new report, Labour Force Participation Distillation Report, outlining a crucial element for India's economic future. The report is based upon Periodic Labour Force Survey (PLFS) over the years. As the country aims to become a USD 30 trillion economy by 2047, the report highlights the need for a substantial increase in female labour force participation to achieve this goal. According to the report, India requires an additional 400 million women in the workforce to contribute USD 14 trillion to the economy. This would necessitate nearly doubling the current female labour force participation rate (LFPR) from 37 per cent to 70 per cent by fiscal year 2047. Wi

Over 400 cases of sexual harassment at work logged every year since 2018

On average, 49 sexual harassment cases were reported every day in 2022, according to NCRB

Maternity penalty: 75% mothers face career hurdles after leave - Report

Aon 2024 study highlights maternity penalty and bias faced by working mothers in India Inc

Bias, maternity leave setbacks stall women's growth at workplace: Report

According to a recent study, 75 per cent of women professionals experienced a career setback after returning from maternity leave, while 42 per cent of respondents reported encountering bias at work

Budget 2024: Hostels, skilling among initiatives for women in workforce

In her Union Budget 2024 speech, FM Sitharaman also said that partnerships would be created to organise women-specific skilling programmes in India

Wipro's female workforce sees significant drop, declines by 8,126 in FY24

At Wipro, reports of sexual harassment complaints more than doubled in FY24, totalling 182 cases compared to 70 in FY23

Women executive directors paid less than male counterparts, gap widening

India's women executive directors on average paid nearly 40% less than men in the same role

Share of women in urban salaried jobs at 6-year low in Q4FY24: PLFS

The share of women in wage work was the highest in Q1 of FY21 at 61.2 per cent

Unfavourable conditions

Workplace culture remains hostile for women

Ireland becomes second EU state with no women leading listed companies

Only 8% of CEO positions at the largest listed companies in the EU28 in 2023 were women

40% campus hires in 2023 were women; IT attracts highest participation

HirePro report reveals 5% surge in female participation in campus hiring, with south India leading the trend

Number of women on boards of top 100 firms rose in 5 years: Report

Number of firms with no independent woman director went down, claims survey

Number of board seats held by women in India Inc grew in last 5 yrs: Report

The number of board seats held by women across India Inc has increased gradually over the past five years with them holding 18.3 per cent board seats in 2023, a Deloitte report said on Friday. The 'Women in the boardroom: A global perspective' report, however, said that it is lower than the global average of 23.3 per cent. The report by Deloitte Global Boardroom Program analysed more than 18,000 companies in 50 countries exploring representation of women in the boardroom. This includes analysis of 400 companies from India. "Boardroom diversity requires a paradigm shift. Since many companies prefer to recruit board members with CEO or CFO experience, these numbers do not paint an optimistic outlook for pipeline development. India Inc. must break from historical patterns and prioritise capabilities over past roles," Deloitte South Asia Chairperson Shefali Goradia said. The report shows a gradual increase in the number of board seats held by women across India Inc, with women holding

Work-balance main obstacle in women's career progress, says report

Representation in leadership position of organisations has improved after diversity efforts, it says

Women-owned MSMEs boost jobs and economy ahead of women's day: Report

Women-owned MSMEs hired 11% more women, created one-third of new jobs, and reported a 12% rise in monthly revenue, finds Kinara Capital's MSME Insights report

Work-life balance, home ownership, travel among top goals for women: survey

The study revealed that providing financial security for family is the top life goal, with 71 per cent women prioritizing it.

Closing gender gap could lift global GDP more than 20%, says World Bank

The report said obstacles that women face in entering the global workforce included barriers to starting businesses, persistent pay gaps and bans on working at night or in jobs deemed 'dangerous'

Flipkart, Zomato, Amazon lead efforts to recruit women for night shifts

Presently, women constitute 10% of the overall workforce in e-commerce businesses

34% of women leave jobs over work-life balance, only 4% of men do: Report

59 per cent of the companies have not set up Internal Complaints Committees that are mandated by the Prevention of Sexual Harassment (POSH) Act

Indian startup ecosystem: Why more women entrepreneurs are needed

Despite being the world's third-largest startup hub, India shows a dishearteningly low percentage of startups led by women