DivHERsity Report by JobsForHer finds Overall attrition rate in women is greater than that of men in 2021
National, September 29, 2022: Gender diversity is a key component of most corporate hiring practices. But how far are we along the process to ensure a balanced workforce?
The Diversity Benchmarking Report released at HerRising 2022 – India’s largest career event for women organised by JobsForHer captures how companies in India are improving their gender diversity ratio at the workplace. In reference to ‘The Great Resignation’, the report reveals the overall attrition rate among the employees was 9% while the attrition rate among women professionals was 13%, hence proving how more women (than men) had to quit the workforce in 2021.
This exclusive report unravels the current situation of female workers in the ecosystem and how corporate leaders are aiding its momentous improvement. Based on the data collected from more than 300 companies that participated in the DivHERsity Awards survey, the survey includes participation from 73% of large enterprises & 27% of SMEs and startups from a variety of industries, such as IT, BFSI, FMCG and Pharma.
The release of the report came at a time when corporate India is all set to reimagine workplaces for women in India through HerRising which saw more than 3000 women attending the online career event along with 50+ top companies looking to hire potential candidates.
The diversity report was well received by sponsor companies like Trust, Capgemini, Broadridge, Fidelity International, Mastercard, Micron, MOODY’S, Xperi Corporation, Chetak, KBR, Taylor & Francis, TVS Motor Company, Biocon Limited & Biocon Biologics, Vestas.
Highlighting the need for better workplaces for women, Chella Pandian Pitchai, AVP, Global Head, Talent, Learning, Leadership Development, Culture & DEI, Biocon Biologics Limited said, “We need to address the bias across the pyramid – bottom, middle and top. To mark this change we should focus on our mindset, environment and opportunities. To begin with, mindset is the biggest change we need to make. Second is the environment which has infrastructure that supports women professionals. Third is culture fit opportunities.”
Speaking on the findings of the report, Ms. Neha Bagaria, CEO and Founder of JobsForHer said, “It is heartening to see several organisations taking a step in the right direction to make the workplace more women-friendly. We are hopeful that this trend will enable and encourage more women returnees, women in tech and women in leadership to enter the workforce and climb the professional ladder, while ensuring gender parity across all levels.”