Total Spends On Gender Diversity At 32% In India Inc, Says New Report

The 2020 Working Mother & Avtar Best Companies for Women in India study said that there is an increase in percentage of women hires moving from 31 percent in 2016 to 37 percent in 2020.

The total spends on gender diversity by India Inc has moved from 23 percent in 2016 to 32 percent in 2019, according to a new study.

The 2020 Working Mother & Avtar Best Companies for Women in India companies are also no longer shy of increasing spend on gender diversity hiring which indicates an increase in intent.

As per this study, the top 10 companies for women in 2020 include Accenture, Barclays in India, EY, Genpact India, IBM India, Infosys, KPMG, Novartis Healthcare, Target Corporation India and Tech Mahindra.

The study showed that percentage of women hires increased from 31 percent in 2016 to 37 percent in 2020. During the same timeframe, number of companies having formal programs to identify and recruit second career women (women on career breaks) moved up from 30 percent to 65 percent.

Source: MoneyControl

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