The country’s corporate sector is still struggling to appoint more women in top leadership roles and is trying hard to improve its gender diversity proportion. According to a survey, most of the MNCs tend to employee a male counterpart for a senior leadership position and men were offered with more hiring opportunities. But, the scenario is changing now with more and more companies looking forward to hiring women for senior roles and bridge this gap of gender diversity.
Though ranked as the fifth lowest in the world, in terms of the number of women employed at top leadership roles, the country’s gender diversity equation has improved over the years. Nowadays, companies are more focused on hiring a woman for the top position as they believe that women bring in a unique perspective and also a better client approach.
Even the country’s banking sector is seeing a change with the majority of the banks having female CEOs. A study also revealed that attrition rates among women are far less than that of men.
According to a report by Grant Thorton, the number of women in a leadership role in the country has risen to 20 per cent in 2018. The firms are also trying to employ more and more women by adopting gender equality policies and non-discrimination policies for recruitment. Male-dominated industries like technology and IT sector are also seeing a breakthrough with more and more women climbing the ladder to the top positions in such firms. Even the country’s banking sector is seeing a change with the majority of the banks having female CEOs. A study also revealed that attrition rates among women are far less than that of men.
Women like Indra Nooyi, Arundhati Bhattacharya and Shikha Sharma managed to broke through the shackles of gender diversity and have set a benchmark for all the women out there working in the corporate sector.
At present, companies are taking the issue of gender diversity more seriously and are trying to empower women through their training and recruiting programs. Many companies have also altered their maternity break and focus on getting more female workforce on-board.