Only 16 per cent of women are in executive or C-level positions in India: Report

The representation of women in the Indian workforce has plateaued at 26 per cent with just 16 per cent of the fairer sex seen in the executive or Clevel positions according to a report on TuesdayThe report by Great Place To Work a workplace assessment and recognition organisation showed that there remains an 11 per cent gap in womens representation from midlevel managers to CEOs in IndiaThe report also highlighted a pivotal factor for womenrsquos success in the workplace a strong sense of belonging It showed that women who feel a sense of belonging are 62 times more likely to experience a great workplace and 31 times more likely to have career growth opportunitiesThis positive correlation underscores the importance of fostering workplace cultures where women feel valued and empowered helping to counteract the challenges posed by stagnant gender representation and barriers to leadershipIn recent years significant strides have been made in increasing womenrsquos representation across multiple industries From 2021 and 2023 womens workforce participation steadily increased reaching 26 per cent but has since plateaued in 2024Further the report highlighted a significant gender gap in maledominated industries such as technology manufacturing and transportationHowever sectors like education nonprofits and charity organisations have become shining examples boasting nearly 50 per cent female representationldquoDespite years of progress womens representation in the workforce has plateaued at 26 per cent with a mere 16 per cent in executive or Clevel positions More concerning is the declining workplace sentiment among women signalling a growing disconnect in their work environmentsrdquo said Balbir Singh CEO Great Place To Work IndialdquoOur research unequivocally shows that when women experience a sense of belonging they are 6 times more likely to consider their workplace great This stark statistic underscores the immense potential waiting to be unlocked in organisations that prioritise inclusivity and equalityrdquo he addedThe report also ldquohighlighted organisations which understand that championing women isnt just about meeting quotas its about cultivating a culture where everyone can thriverdquo Singh saidThe report also reveals a significant perception gap between women and their male colleagues particularly when it comes to issues of fair compensation and recognitionDespite making up a substantial part of the workforce only 65 per cent of women feel they are receiving an equitable share of their companyrsquos profitsThis underscores the need for organisations to address such blind spots with greater transparency and fairness the report saidAlso ReadIndian women leading 18 percent of 111 unicorns in India Finance Minister Nirmala SitharamanThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever