financetom
Business
financetom
/
Business
/
How to encourage women’s participation in the workplace
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
How to encourage women’s participation in the workplace
Mar 15, 2021 7:24 AM

On February 19, 2021, a photo of a woman sitting in her office, wearing a mask and a bindi went viral on Twitter with the hashtag “Lady with the bindi”. It was none other than Dr. Swati Mohan – an Indian American aerospace engineer who spearheaded the landing of NASA’s perseverance rocket on Mars. Similarly, when Indian-origin Kamala Devi Harris became the first woman Vice President of the US, it was an inspiring moment for everyone, especially for young girls growing up in India.

Share Market Live

NSE

Today, more and more women around the world are striving hard to create a future that is sustainable, peaceful and with equal rights and opportunities for all.

Since Independence, there has been considerable improvement in women’s education, social mobility and economic independence. According to a 2008 government report on education statistics, the literacy rate for women in India has steadily increased from 8.5 percent in 1951 to around 57 percent in 2004.

Although substantial improvement has taken place in the last 3-4 decades, there is still a lot of ground that needs to be covered According to a recent United Nations report, women are heads of State or governments in 22 countries, and only 24.9 percent of national parliamentarians are women. At the current rate of progress, gender equality among heads of Government will take another 130 years.

At workplaces, the collective voice of women today is heard with urgency. In addition, supportive laws and regulations have made it much easier for them to voice their opinion. However, there is still a long way to go in designing workspaces that promote an ideal working environment for them to lead. Here are few suggestions that would help shape equitable growth for women in the world of business.

Creating supportive ecosystems and flexible work arrangements:

Several women exit the workplace due to familial decisions such as marriage or children. In India, unlike the west, social conditioning is such that a bulk of the responsibility falls on the shoulder of women to raise kids at home.

Although the Union government has introduced many initiatives to empower women at workplaces, such as compulsory maternity benefits, more could be done wherein the other gender also shares some childcare responsibilities. Some progressive companies have started with paternity leaves but unlike the maternity leave that is mandated by the Government, there is no provision for paternity leave in labour laws.

A PwC survey shows that 42 percent of respondents feel they fear their careers would be impacted by having children, while 48 percent of new mothers believe they were overlooked for promotions or special projects. Still, another 37 percent said they did not take their full maternity or adoption leave because they feared it would undermine their career standing. Organizations should address these fears to prevent highly skilled talent from leaving and not achieving their full potential.

As the pandemic has enabled the smooth transition towards working from home, it is an opportunity to help women stay back at work even after motherhood, due to the flexibility it offers them. Work from home could well prove to be the trump card to improve gender balance at work.

Women-friendly measures adopted by progressive companies such as ‘gender acceleration plan’ and ‘Return to Work’, which encourage women to join back the workforce after motherhood, go a long way in increasing the proportion of women in the workforce.

Mentorship plays a key role: The representation of women in management is still low globally. In India, the number of women occupying senior roles is just 8.5 percent, as per a recent Credit Suisse report. Identifying sponsors or mentors who actively engage with women to help them advance in their careers and leadership can play a key role in organizational success.

Structured and individual need-based mentorship programs create a supportive environment to experiment, thrive and pursue successful paths.

Addressing Stereotypes: Biases are a reality and these tend to creep into the work environment consciously or unconsciously. Typically, what is celebrated as entrepreneurship, self-confidence and vision in a male is viewed as arrogance and self-promotion in a woman.

Women in stereotypically male domains tend to encounter challenges more often due to a clash of stereotypical perceptions of what a woman should be. While it may be impossible to completely eradicate biases, data can be a good indicator to let you know where bias is creeping in to take corrective steps. Quite a few companies have taken proactive steps to address biases and some of these are restructured hiring practices with gender-neutral job descriptions, blind profiles, balanced hiring panel, leadership accountability, checks and balances in the appraisal process.

Creating more role models: The younger generation always looks up to a variety of role models to help them shape their behavior, ambition and setting goals. Over the years, several women around the world have demonstrated exemplary leadership and expertise in what they do and have become role models.

Just a few names from the global corporate world that come to mind include Sheryl Sandberg (COO, Facebook), Indra Nooyi (former chairperson and chief executive officer, PepsiCo), and Jane Fraser (CEO, Citigroup). Young girls growing up in India need more role models and as a society, we need to project women as role models across various professions for them to feel inspired and emulate them.

It is a well-established fact that organizations that hire and maintain diversity outperform those who do not. This International Women’s Day, it is the duty of all companies to commit to working harder towards enabling people of all genders to flourish at the workplace without fear or obstacles.

The author, Urvi Chhaya, is Senior Vice President, Human Resource at ICICI Prudential Life Insurance. The views expressed are personal

(Edited by : Anshul)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
World markets head for reality check after month of Trump
World markets head for reality check after month of Trump
Nov 28, 2024
LONDON (Reuters) - November was a month of clear winners and losers from Donald Trump's Nov. 5 U.S. election victory. Trump trades, essentially punishing tariff-sensitive assets from European exporters to Mexico's peso and driving investment towards U.S. stocks and the dollar, proved successful. Wall Street has rallied, the dollar gained 2% against rival major currencies and bitcoin surged. But December...
Reliance's US unit buys $12 mln stake in helium explorer Wavetech Helium
Reliance's US unit buys $12 mln stake in helium explorer Wavetech Helium
Nov 28, 2024
Nov 28 (Reuters) - Reliance Industries' U.S. unit has bought a 21% stake in U.S.-based helium production company Wavetech Helium for $12 million, the conglomerate said on Thursday, in a move aimed at expanding its low-carbon energy segment. The billionaire Mukesh Ambani-run group, which operates the world's biggest oil refining complex at Jamnagar in the western Indian state of Gujarat,...
Enerflex Suspends Operations at Gas Processing Facility in Kurdistan Following Nearby Drone Attack
Enerflex Suspends Operations at Gas Processing Facility in Kurdistan Following Nearby Drone Attack
Nov 28, 2024
06:48 AM EST, 11/28/2024 (MT Newswires) -- Enerflex ( EFXT ) late on Wednesday said it has sent a formal notice of termination to the customer of its modularized cryogenic natural gas processing facility in Kurdistan following an incident near the facility that prompted the company to declare force majeure. In the second quarter, Enerflex ( EFXT ) suspended activity...
Reliance's US unit buys $12 million stake in helium explorer Wavetech Helium
Reliance's US unit buys $12 million stake in helium explorer Wavetech Helium
Nov 28, 2024
(Reuters) - Reliance Industries' U.S. unit has bought a 21% stake in U.S.-based helium production company Wavetech Helium for $12 million, the conglomerate said on Thursday, in a move aimed at expanding its low-carbon energy segment. The billionaire Mukesh Ambani-run group, which operates the world's biggest oil refining complex at Jamnagar in the western Indian state of Gujarat, announced in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved