Working Mother & Avtar Best Companies for Women in India
The Best Companies for Women in India successfully completed its fourth edition this year. Between 2016-2019, much has changed, much has grown in terms of the corporate landscape rendering itself to women's employment. In 2017, the country witnessed the amendment of the Maternity Benefit Act that extended the paid maternity mandate to 26 weeks, making India a country with one of the most generous parental leaves. In 2018, India closed the gender gap in tertiary education enrolment gap for the very time.
When it comes to the 100 Best companies, they constantly innovated, raised the bars, created new benchmarks for gender inclusion - and the results are here to see. Women's representation at the 100 Best stands at 33 percent (8 percentage points higher than 25% in 2016), a trend if effectively enabled can help these companies achieve the goal of gender balance as early as 2027! Today, over 53% of the 100 Best Companies have formal second career hiring programmes (programmes to hire women on career breaks) and going by the pattern of best practices adoption, by 2025, this will become a norm in almost all the 100 Best Companies. 16% of business leadership in the 100 Best is currently women - this is poised to go up to 25% by 2025.
There are close to 5 lakh women employed in the 2019-100 Best Companies who work with these employers who have the best of enablers - from formal/structured mentoring (92% companies offer this) to Leadership Training (99% companies offer this) to child care support (72% companies offer this) to formal phase-back programmes for women returning after maternity leaves (74% companies offer this). The career enablement at the 100 Best is not exclusive for women - programmes like mentoring, career sponsorship, hi-potential talent programmes and flexible working are open to all employees. Measures to ensure zero tolerance to workplace sexual harassment, apart from being legally compliant include organization wide sensitization and awareness programmes. To help build employee conviction in Diversity and Inclusion, there are specific D&I training programmes for the vast cross-section of employees - across levels and roles. Senior male leaders help promote a culture of allyship, helping create inclusive cultures that champion the cause of diversity and that of parity. While the inclusion intent is top driven, there are conscious efforts to hold employees accountable for pursuing the D&I agenda, right up from the managerial level.
This is what BCWI set out to achieve - help companies share, learn and grow from the most impactful of best practices. What the study canvas has also helped establish over the years, is the rigour in applicant companies to track, monitor and report diversity metrics, building their own repositories of diversity intelligence. This is only set to grow in expanse in the coming years, boosting D&I conviction with data-backed strategy.
The path less taken once, has now become a more visible one, one that more and more companies are aspiring to journey in - pan industry, pan sector. And as Avtar, we take pride in being an enabler of this journey, helping companies calibrate their pace, reach their milestones!
The 2019 Top 10 Best Companies for Women in India, in ALPHABETICAL ORDER are:
To view the 100 Best Companies for Women in India, click here :
- Accenture Solutions Private Ltd.
- Barclays in India
- Credit Suisse
- Deloitte in India
- IBM INDIA PRIVATE LIMITED
- PepsiCo India Holdings Limited
- Shell India Markets Pvt Ltd
- Tech Mahindra