When it involves negotiating salaries, 77% of women in Chennai stated they didn’t face challenges, in contrast with 41% in Hyderabad.
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According to a joint survey carried out by CRISIL and DBS Bank India, some 30% of salaried women in Bengaluru experienced gender bias at their office, increased than the nationwide common of 16%. The survey, carried out amongst 800 salaried and self-employed women throughout ten cities in the nation, reported that 14% of salaried women in Hyderabad reported a gender bias.
Also, the notion of the gender hole in pay assorted by area. For occasion, 43% of salaried women respondents from Delhi reported perceiving it, whereas solely 4% did so in Kolkata.
When it involves negotiating salaries, 77% of women in Chennai stated they didn’t face challenges, in contrast with 41% in Hyderabad. Some 42% of women throughout the nation confronted difficulties whereas negotiating salaries. Meanwhile, 96% of women in Kolkata confronted no obstacles when negotiating salaries, whereas solely 33% in Ahmedabad felt so.
Women’s participation
Kishore Poduri, Managing Director and Country Head, HR, DBS Bank India, stated, “Encouraging women’s active participation in the workforce is crucial for fostering their economic independence and ensuring autonomy in financial decision-making. Insights gleaned from the study can empower organisations to understand better women’s aspirations and tailor strategies that align with their preferences.”
The survey titled ‘‘Women and Finance’‘ additionally tracked their leisure behaviour. After Kolkata (55%), women in Mumbai (50%) spend probably the most time on leisure journey. In the south, 47% of women in Bengaluru have taken greater than three leisure journeys in the previous 12 months, in contrast with 15% in Hyderabad. Some 38% of them in Delhi have taken greater than three leisure journeys in contrast with 30% of women in Ahmedabad.
Industry view
The findings additionally corroborate business views on persistent gender disparities in the office, revealing that the perceived gender pay hole at a pan-India degree stood at 23% amongst salaried women, whereas perceived gender bias stood at 16%.
Semi-affluent women, incomes between ₹10 to 25 lakhs yearly, and prosperous women, with salaries starting from ₹41 to 55 lakhs per 12 months, have various views on the gender pay hole. Affluent women reported the next notion of the gender pay hole at 30%, whereas this stood at 18% amongst semi-affluent women.
An analogous pattern was seen with the notion of gender bias at the office, with 30% of prosperous women asserting that they’d experienced it, considerably increased than the 12% of women in the semi-affluent cohort who had perceived the identical bias, as per the examine.
