Mumbai, Maharashtra, India
Media stories in 2021 said that Indian ladies make up practically 43 per cent of the whole graduates in Science, Technology, Engineering and Mathematics (STEM) however simply represent 14 p.c of scientists, engineers, and technologists in analysis growth establishments and universities. Alok Bansal, MD Visionet Systems India and Global Head of BFSI Business addresses this anomaly and says, “Women face gender-specific professional challenges all over the world. In fact, a 2022 study by LinkedIn states that 72 percent of women in India are rejecting jobs due to lack of flexibility. This study should be a constant reminder to companies to reevaluate their employment policies and make them more accommodating. The tech industry must create equal workspace opportunities for women to grow and lead from the front.”
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Mr. Alok Bansal, MD Visionet Systems India and Global Head of BFSI Business
Women, he says, typically endure from the ‘damaged rung’, a phenomenon the place their promotions occur at a slower fee than their male counterparts. Lack of feminine position fashions, gender bias, unequal remuneration and stunted progress alternatives are a few of the components that hinder the progress of ladies in the tech subject and Alok provides, “Many women also have to take a sabbatical to manage caregiving or child-rearing responsibilities. To ensure that when they return, their skill sets are second to none, companies should promote reskilling, upskilling, and mentorship programmes. Ensuring a proper work-life balance, flexible timings, timely increments and fair growth opportunities will go a long way in retaining women in the workforce.”
He believes a bigger proportion of feminine leaders and representatives in boardrooms not solely leads to monetary features however can even precipitate a trickle-down impact to usher in additional range and inclusiveness in workspaces. He refers to McKinsey & Company’s ‘Diversity Wins Report 2020’ which states “Companies whose boards are in the top quartile of gender diversity are 28 percent more likely than their peers to outperform financially.”
He concludes, “Women in powerful positions tend to safeguard the interests of female employees and also foster a culture of multi-perspective organisational feedback that augments the company’s brand image and its growth in the long run.”
