Saturday, Apr 27 2024 | Time 19:18 Hrs(IST)
image
Business EconomyPosted at: Mar 6 2024 2:40PM


More than one-fifth of salaried women perceive gender pay gap at workplaces: Survey

New Delhi, March 6 (UNI) A DBS Bank-CRISIL survey has found that 23% of salaried women in India’s metros perceive a gender pay gap at their workplaces while 16% reported gender bias.
The findings are based on a survey of over 800 salaried and self-employed women across 10 cities across the country.
As per the report released on Wednesday, affluent women reported a higher perception of the gender pay gap at 30%, while this stood at 18% among semi-affluent women.
"Semi-affluent women, earning between Rs 10 to 25 lakhs annually, and affluent women, with salaries ranging from Rs 41 to 55 lakhs per year, have varying perspectives on the gender pay gap," it said.
A similar trend was seen with the perception of gender bias at the workplace with 30% of affluent women asserting that they had experienced it, significantly higher than the 12% of women in the semi-affluent cohort who had perceived the same bias.
The report said that 42% of salaried women in metros face challenges while negotiating salaries. The experiences however differed between the eastern and western parts of India.
"In Kolkata, 96% of salaried women do not face a challenge in negotiating their pay, while only 33% in Ahmedabad feel the same. Contrasting perspectives are also observed in southern India. In Chennai, 77% of women do not face challenges when negotiating salaries, compared to 41% in Hyderabad," the survey found.
Kishore Poduri, Managing Director, and Country Head - HR, DBS Bank India said that encouraging the active participation of women 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 women's aspirations better and tailor strategies that align with their preferences. This can lead to more fulfilling careers for women, enhancing their participation in the workforce and maximising their potential contributions,” he further said.
UNI NK KK
Please log in to get detailed story.
Tags: #More than one-fifth of salaried women perceive gender pay gap at workplaces: Survey
More News

Horizon Industrial Parks announces ground-breaking of its 2nd logistics park in Pune

27 Apr 2024 | 1:50 PM

Pune, April 27 (UNI) Horizon Industrial Parks, a portfolio of Grade A logistics parks in India owned by Blackstone Real Estate funds, has announced the groundbreaking of its second logistics park in Pune, Chakan.

see more..
Rupee falls 2 paise against USD

Rupee falls 2 paise against USD

26 Apr 2024 | 5:28 PM

Mumbai, April 26 (UNI) The Rupee on Friday eased 2 paise to close at 83.35 against the USD on rising demand for US Dollar by bankers and importers, dealers at the Foreign exchange said.

see more..
Sensex nosedives 609 28 pts

Sensex nosedives 609 28 pts

26 Apr 2024 | 5:26 PM

Mumbai, April 26 (UNI) Snapping a winning streak of last five sessions, the BSE Sensex on Friday, the last session of the week, tanked 609.28 pts to settle at 73730.16 amid mixed global cues.

see more..
Maruti Suzuki net profit surges 48 pc to Rs 3,878 crore in Q4

Maruti Suzuki net profit surges 48 pc to Rs 3,878 crore in Q4

26 Apr 2024 | 5:00 PM

New Delhi, April 26 (UNI) On the back of solid volume growth, the country's largest carmaker Maruti Suzuki on Friday reported 47.80% jump in standalone net profit at Rs 3,877.8 crore for January-March period (Q4) of financial year 2023-24.

see more..

Shriram Finance net jumps 57 pc to Rs 2,021 cr in Q4

26 Apr 2024 | 3:52 PM

New Delhi, April 26 (UNI) Shriram Finance on Friday reported 56.91% year-on-year jump in consolidated net profit at Rs 2,021.28 crore for the January-March period (Q4) of financial year 2023-24.

see more..
image