Business Reporter :
THE women workforce demographics in India suggests that
of the total population of
approximately 69.2 crores of
women, around 37 per cent are
actively working or employed,
says a report.
According to talent solutions
provider Careernet’s ‘The State
of Women’s Employment in
India’ report, cities like
Hyderabad, Pune, and Chennai
top the chart in women
employment.
In 2023, women’s representation in the workforce experienced a significant rise of 2-
5 per cent compared to the previous year, in junior
professional roles and executive boards, it stated.
The report revealed 40 per
cent of the fresh talent from colleges placed in 2023 were
women.
Women candidates having
0-3 years and 3-7 years of experience constitute 20-25 per cent
of the total hires in their respective bands, it added.
The report further revealed
that there has been a slight
overall increase in the hiring
ratio of women in most cities,
except for Delhi and National
Capital Region (NCR), which
showed a decline.
Hyderabad leads with a 34
per cent hiring rate, followed
by Pune at 33 per cent, and
Chennai at 29 per cent. While,
Delhi-NCR has witnessed a
decline at 20 per cent, reflecting a 2 per cent decrease from
the 2022 figure, it added.
The report has been prepared with an analysis of 25,000
job placements collated from
internal sources, employer
career portals, and month-onmonth hiring trends in 2023.
The sectoral analysis
revealed an increase in hiring
trends for women in the banking, financial services and
insurance (BFSI) sector within Global Capability Centers
(GCCs), the offshore units set
up by multinational companies to perform a range of
strategic functions.
Further, the report noted a
narrowing pay gap, decreasing
to approximately 20 per cent
in 2023 from 30 per cent in the
previous year, signalling a positive shift towards equitablesalary practices. Meanwhile,
the hiring of women at the midmanagement level hasremained unchanged at 23 percent over the past two years,
said the report.
“While 30 per cent of theurban population are whitecollar professionals, only 5 percent of the rural populace fallsinto this category. This underscores a significant gender disparity in India’s white-collarlandscape,” Careernet CEO andco-founder Anshuman Dassaid. While significant strideshave been made in enhancingwomen’s participation in theIndian workforce, some challenges need addressing forthem re-entering the workforce, he said.
“The surge in women’semployment in the Indianstartup ecosystem affirms that
India Inc is open to transformation,” he added.