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The Future
is HERe
01
Diversity
landscape
in India
02
Defining the
business
case for
diversity
03
Popular D&I
initiatives
Contents
04
Implementable
solutions
05
Future of
diversity
Pallavi Jha
Chairperson, CII IWN Western Region
Managing Director, Dale Carnegie India
CII IWN
From recent global events, it is apparent that
gender disparity is not just an India-centric
problem; it is a serious global challenge. In the
latest Gender Disparity Index rankings that
were released, India slipped to a disappointing
130. Clearly, there are several human, policy,
societal and attitudinal obstacles that need to
be overcome besides government prescriptions,
which will enable greater sensitivity toward
the female population of India. Some of the
difficulties may appear insurmountable and
long-term, but it is about time we seriously
commenced a corrective action.
Currently, we have made modest progress in
trying to break the formidable glass ceiling, for
instance, by making board representation of
women professionals a mandatory regulatory
requirement or through POSH and extension
of maternity leave benefits. While this has
made a salutary shift, we have to move beyond
symbolism by ensuring a sustainable gender
equality policy that will foster the spontaneous
unstoppable rise of women in the corporate
hierarchy. Issues such as mid-career disruption,
eliminating unconscious bias or greater
flexibility in working hours assume great
relevance in today’s environment.
Finally, we saw that the worldwide trending
social media hashtag #MeToo found much
resonance in India and has opened up a
Pandora’s box on the elephant in the room:
sexual harassment of women in the workplace.
It is undoubtedly established now that not
only is the unfortunate malaise of sexual
harassment and intimidatory tactics to silence
the aggrieved victim prevalent across several
industries, but the safety of women in general
is becoming an endemic issue as well. Driven by
concerns of safety and security, organizations
are constrained from providing the same
opportunities for travel and experiences
to women as compared to their male
counterparts. This, along with the career breaks
on account of their societal and biological
roles, results in unequal career growth and
disparity in pay and fair representation across
the workforce, particularly in leadership. Thus,
the industry needs to look at the long-term
ramifications of gender disparity which are not
restricted to the corporate sector, but to the
society as a whole.
At CII Indian Women Network, we are driven
by the imperative that Indian women become
a core critical mass of the workforce to bring
about the transformational change in attitude
and behavior. We have also recognized the
importance of some amazing women role
models who can inspire the future generation
into believing that there are no limits to what a
woman can achieve. One critical aspect is our
own self-belief and innermost conviction that
will ultimately help us triumph in our relentless
struggle for gender equality. It is a pleasure
to share this comprehensive report with you
that captures the universe of several variables
that will impact our future progress. We remain
totally convinced that our collective endeavor
will inevitably lead to a better world for women,
both in their careers and lives.
Foreword
EY
Ryan Lowe
Partner, People Advisory
Services, EY
Although India has traditionally been a very diverse society in areas like culture,
religion and language, gender diversity is one area where India has not made
enough progress. However, the time is ripe for putting this very critical imperative
at the center stage. The top management in India is still primarily a man’s business
(as much as we would like to believe otherwise). But the race to grow women
leaders is firmly on in India Inc.
In the last few years, there has been forward movement in the diversity agenda
with the Government and organizations collectively making efforts to bridge
the gap and support women employees to grow. Iceland, Norway and Finland
are known to have made exceptional progress in eliminating the gender gap. In
fact, Iceland is the first country to mandate equal pay for equal work as per law.
Additionally, it is mandatory for Icelandic companies to have 40% women on
their boards.
India also took a giant leap toward closing this gap with the Maternity Benefit
(Amendment) Act, 2017. The Bill took some concrete steps that supported women
employees in their careers. There is, however, still a lot more ground to cover.
It has increasingly become more important to create an equal and inclusive
environment at the workplace. The business case for diversity (gender
in particular) and inclusion is now broadly accepted and its benefits
increasingly understood.
In light of this background, EY has partnered with Confederation of Indian Industry
(CII) Indian Women Network (IWN) as knowledge provider to build a research paper
that contributes to building a better working world for all genders.
We intended to gain a better insight into the current maturity level of organizations
and understand how the benefits of D&I can be optimized for all stakeholders. Our
focus remained primarily on organizations’ business case for gender diversity and
understanding the scope of initiatives that have the potential to create an inclusive
working environment. We hope that the report gives you some insight into the key
barriers to gender diversity and encourages you to build an environment that is
inclusive and gender equal! We look forward to your feedback to continue our work
in creating a gender equal world.
Foreword
8 The Future is HERe
Diversity
landscape
Inclusiveness is about leveraging these differences to achieve
better business results. It is about creating an environment
where all our people feel, and are, valued; where they can bring
their differences to work each day; and where they contribute
their personal best in every way possible.
Gender diversity at workplace indicates healthy representation
of all genders that constitute the organizational workforce.
A healthy gender representation across all levels of the
organization has shown encouraging the flow of innovative
ideas, thoughts and improvement in the financial performance
of organizations. Reports have indicated that as of 2015,
women held only 7.7% of board seats and just 2.7% of
board chairs
[1]
.
While considering D&I initiatives, improving diversity with
overall numbers takes primary focus. Inclusion is usually
ignored or dealt with separately. We at EY feel that the
inclusion of all organizational groups is key to ensuring that any
diversity initiative is sustainable in the long run.
To achieve gender inclusion at the workplace, organizations
must ensure that policies and programs consider and respect
the individuality of their employees. Gender inclusion should be
accompanied with a deeper commitment from organizations
and strengthened by leadership endorsement.
01
Understanding diversity
and inclusion
At EY, we believe
that diversity is about
differences. Every one
of us is different, and at
EY we value and respect
individual differences.
The Future is HERe 9
Women are increasingly voicing their
demands for equal treatment at the
workplace. Some sectors in India have
seen a rise in the number of women
leaders. However, this increase in the
number of women leaders is limited
primarily to the banking, financial
services, technology and pharmaceutical
sectors, where the hiring of women
has increased significantly across
organizational levels. According to
a 2015 study, more than half (54%)
of women CEOs in India were in the
financial and banking sectors
[7]
. This rise
in the representation of women has yet
to filter into other major sectors such as
manufacturing, which have a longer way
to go to utilize the large female talent
pool available.
I actually believe that the Indian woman cannot wait for an affirmative action
to claim her rightful place on the board. She must be proactive about leaning in
and taking charge of her own career trajectory and if the organization wants to
enjoy the benefits of her loyalty, then it must learn to support her.
Where is India on the
global diversity map?
According to the World
Economic Forum’s
annual Global Gender
Gap Report 2016,
Iceland stands
number one
in gender equality and has closed
almost 80% of the gender gap
[2]
.
It celebrated Women’s Day 2016 by
making equal wages a law mandate
[3]
.
Even in Finland, organizations with
over 30 employees must have a gender
equality model in place that compares
wages of male and female employees
[4]
.
Most Nordic countries provide
mandatory parental leave that can be
used by both men and women.
Globally, the Philippines stands second
in the percentage of women in senior
management at 39%, surpassed only
by Russia. Only 9% businesses have
no women in senior management
[5]
. In
China, working mothers get at least 98
days of maternity leave and 100% of
their salary comes from the Government
and employer combined
[6]
.
India took a big leap toward gender
parity with the Maternity Benefit
(Amendment) Act, 2017. The Extended
Paternity Benefits Bill 2017, if passed,
would further demonstrate a major step
toward accepting the evolving social
gender roles in the country.
Gautam Chainani | CHRO, JSW Group
According to a recent EY report
based on a 2015 WEF study,
Women. Fast
Forward:
The time for
gender parity
is now, the world,
on average, is about
216 years away from
gender equality. India
has an even longer
way to go in order
to achieve gender parity at
the workplace.
“
The gender gap can be best explained
as the differences between men and
women in terms of all kinds of variables,
including education, politics, income etc.
Despite a substantial increase in the
number of women joining the workforce,
gender parity continues to suffer. The
ratio of educated women to working
women in India raises concerns. Existing
gender biases play a big role in holding
women back.
Research says women in the UK are
35% more likely to go to university than
men. This and similar situations across
the world speak about the advent of a
large number of women in education and
eventually into the workforce. Familial
responsibilities and biases continue to
hold back women from pursuing higher
education and career growth.
The
Gender
Gap
35%
10 The Future is HERe
It is important to understand that people
perform to the best of their abilities
when they feel a sense of inclusion. If the
focus is only laid on diversity, it shows
progress only on paper and ignores the
core element of inclusiveness. A long-
term impact can only be maintained if
diverse working groups are included,
encouraged and empowered.
Board/Senior
Management
Entry Level
20-40%
The pyramid below depicts the average strength
of women in organisations that were surveyed
across sectors
find senior
management
level hiring
a challenge
think hiring
at middle
management
level is
a challenge
29%
68%
Through our work across sectors
and research conducted, we think
some of the major challenges
that hinder the progress of D&I
initiatives include:
Unconscious bias
Ineffective implementation
of policies
Fewer women in leadership
roles
Lack of awareness about the
benefits of gender diversity.
In fact, our survey reveals
that 69% organizations have
been unable to understand the
financial benefits of diversity.
These hindrances lead to a widening
of the gender gap.
According to a 2017 World Bank report, in over two decades preceding 2013,
female labor force participation fell from 34.8% to 27%. In India, education
enrolment for women does not naturally lead to jobs. In towns and cities,
68.3% of women who graduate do not have paid jobs, says a 2015 report
by the United Nations Development Programme (UNDP), Women’s Voices,
Employment and Entrepreneurship in India. This leads us to the question –
Where are the women who graduated and what are they doing?
16% respondents in our survey reported having no women on the board and
47% reported that there are no more than 5% women in senior management
roles. These organizations have only fulfilled the statutory requirement of
One women member on the board. In fact, from our responses of respondents
in senior management, only 33% were women .
While we have seen a substantial rise in the number of women who have
graduated, there are not enough women making it to higher management
roles in the workplace. So, where are these women?
0-5%
Is education leading to jobs?
The Future is HERe 11
Why is the representation
so minimal?
Work-life balance continues to be a struggle for women
in the workforce. Social norms, especially in India,
traditionally saw women as homemakers and men as
the breadwinners. There has been a significant change
in this aspect to a time when women are making their
mark in all fields of work.
The Indian Air Force created history in 2016 when
it commissioned three women as fighter pilots. In
February 2016, the then President of India Pranab
Mukherjee announced that women would be allowed to
join the combat forces, and the process of recruiting
young women as jawans has already started
[9]
. Israel is
one of the few countries that require a mandatory two-
year service in the army for men as well as women.
While there are many positives we see today, women
still face several challenges. Some of the challenges
they face at the workplace include disparity in pay
structure and organizational policies that do not
consider gender differences. Most of these challenges
come from a lack of appropriate representation for
women across the hierarchy. This is specifically true in
the top management, from where the decisions flow
across the organization.
34% respondents opined that D&I
initiatives are not given priority at the
management levels.
23% female respondents find it
challenging to attain work-life balance
on account of organizational policies.
43% organizations have said they
find it difficult to attract and retain
female talent.
In a scenario where across the world organizations are
discussing the “war for talent,” it is not a comforting
fact that organizations are finding it difficult to hire
and retain one-half of the talent pool. This reflects
that often, organizations are unable to facilitate an
inclusive environment and are unable to recognize it as
a crucial element of being able to utilize female talent.
There are several additional factors that affect the
success of women as they make their way up the
corporate ladder. The following factors act as barriers
for women and hinder their growth.
34%
23%
43%
12 The Future is HERe
Often in case of a late-night emergency
in a plant, women may not be able to
travel to the location. However, even
if she helps a man over the phone by
instructing him on how to solve the
problem, she is given no credit for it.
The man’s physical presence in such
cases is given more weightage. This is a
problem that predominantly exists in the
manufacturing sector.
Exclusion from
informal networks
female respondents have
said that they feel an
exclusion from informal
networks in the workplace.
The concept of a “corporate
men’s club” has always existed. There
has always been a sense of exclusion
for women from informal networks that
exist in organizations. Exclusion from
these networks can be held against
women and affect female employee
engagement and interactions.
To improve the quality of engagement,
creating formal or informal women’s
networking forums or employee
resource groups has been an effective
case study to improve employee
engagement and employee effort.
Women-focused formal or informal
networks also help connect women
employees across the organization.
They enable networking and serve
as a platform to communicate the
challenges women face and how some
women are overcoming them. These
networks become sounding boards and
help women to steer through the gender
bias storm.
identical resumes with only one
significant difference — one with the
name John at the top and the other with
the name Jennifer. Surprisingly, the
scientists did not review these resumes
solely on the basis of merit. Despite
being as qualified as John, Jennifer was
seen as less competent and scientists
were less inclined to act as her mentor.
Such bias often exists in recruitment in
various sectors of the corporate world.
Creating the concept of blind resumes
can play a major role in eliminating
this bias
[10]
.
female respondents believe
that there are different
performance standards
and expectations set from
male and female employees
working at the same level. This results
from stereotyping. Women who take
maternity breaks are often overlooked
for promotions. The quality of work
done by them is ignored and deserving
promotion cases are held back. Practices
like these and others can be dealt with
through active policy making, one
that accommodates the needs of all
employees and ensures that they are not
biased toward any employee group.
Based on our interactions with female
employees at client organizations, it
was observed that women are often
overlooked as viable candidates for
programs or projects that require
travel outside their base location. It is
presumed that women will be unable to
travel. These concerns for safety should
not act as hindrances to their career
path. To avoid this, facilities for safe
travel can be made for women and men
equally. Any employee, male or female,
is precious to the organization.
Roadblocks to women’s success
in the corporate journey
Unconscious bias
Unconscious bias has been one of the
biggest challenges to the progress
of women.
female respondents said
that they face managerial
bias. Unconscious bias stems
from traditional gender
roles and unevolved social
norms. This bias is known to be present
in senior levels of organizations as well
and affects the growth of women in
the workplace.
This bias affects the work environment
and creates an atmosphere that is not
inclusive for all employees. It is therefore
crucial to conduct programs that create
awareness of the prevalent biases and
how they impact the business. Active
male participation from all levels in the
organization must be encouraged for
these programs.
Often, assumptions of character and
personality are based on gender. A
handful of male respondents to our
survey used terms like “passion,”
“empathy” and even “gossip” in
response to an open-ended question
regarding areas in which women
outshine men. Are these general
parameters for judging one’s
competency to perform workplace
tasks? If so, are men judged along the
same parameters? The bias is often
unintentional but it is essential to
eradicate this to ensure equal treatment.
In a study done at an American
university, scientists within the
university’s Science, Technology,
Engineering and Mathematics (STEM)
faculty were handed two seemingly
42%
33%
26%
The Future is HERe 13
They strengthen women participation in
organization initiatives.
However, there is still a need to disband any existing
“men’s club” syndrome in organizations to ensure
inclusion of all work groups.
Disparity in pay structure
According to the World Economic Forum’s Global
Gender Gap report, 2016, globally an average
woman gets paid as little as half the salary as an
average male
[11]
. According to the same report, in
the US, on average a woman gets paid about 77%
of the salary her male colleague would
[12]
. India lags
behind with women getting paid about 25% lesser
than men
[13]
. This trend extends across all sectors.
female respondents have opined that
there is a disparity in the pay structure
among their peers. This disparity can
be majorly contributed to bias in hiring
and salaries offered. Another excuse for
this is usually women’s’ time out of the workforce
impacting their career progression.
Iceland’s equal wages law demands transparency
in the pay structure
[14]
. Encouraging an
atmosphere of that kind can prove to be effective.
Additionally, awareness programs to help eliminate
unconscious bias at all levels will help accelerate
the growth of women in achieving an equal status
in organizations. Further, it will enhance the
utilization of all available talent to an optimized level
and mutually benefit the organization as well as
all employees.
Men have their inherent/implicit biases about women
employees and tend to believe that they may not be
able to fulfil certain job roles.
Dr. Prince Augustin
EVP - Group Human Capital & Leadership
Development Mahindra & Mahindra
“
“
(Unconscious) Bias is not an urban/rural issue, it is
linked to peoples’ personalities. Being a professional
chef used to be associated with men, not anymore
though. The mind-set that job roles are gender specific
needs to be changed.
Kalpana Unadkat
Partner Khaitan & Co.
“
“26%
Unconscious bias
Exclusion from
informal networks
Disparity in pay
structure
14 The Future is HERe
Defining the
business case
for diversity
Well-validated research from across the world reveals
a direct correlation between the number of women in the
boardroom and improved financial performance. EY’s
analysis supports these conclusions. Gender diversity also
improves team decision-making and innovation capabilities for
development of new products or services.
Along with a well-defined business case for gender diversity, it
is also important for organizations to outline action points that
ensure valuable ROI for the firm.
In India, social norms have always enforced a patriarchal
culture. Traditions that started off as a simple division of roles
based on the concept of practicality have been blindly followed
without recognizing the changing dynamics of gender roles.
02
More Women On Boards =
Better Business Performance
The Future is HERe 15
?
Promoting diversity is becoming critical
for every organization’s success in this
evolving marketplace. Before we move
further, it is quintessential to understand
A parity of gender representation brings
forth a diversity in thought. Men and
women have different styles of thinking,
decision making and innovating. This
difference can be leveraged to enable
new ideas and superior performance.
Differences in experiences, cultures and
education can bring about varied forms
of creativity and innovation.
A diverse workplace helps maintain
an appropriate representation of all
employees, employers, stakeholders and
customers. This enables an organization
to broaden its reach and gain a better
understanding of markets with a well-
rounded perspective. It also helps them
identify upcoming trends and consumer
choices in the future. A study conducted
on 800 business units from the retail and
hospitality sectors in 2014 showed that
gender-diverse organizations showed
a better financial profit as compared to
those dominated by a single gender
[16]
.
In fact, several studies have indicated
that at a macro level, greater
involvement of women in the workforce
is beneficial for the economy. Extensive
research quotes how companies with
a diverse work environment tend to
outperform those without one. A leading
research firm estimated that improved
gender parity in can contribute up to
US$700 billion to the
global gross domestic
product (GDP)
[17]
. It
has been found that
companies with women
on the board have a
higher return on equity
than the average of
corporate firms in
India
[18]
.
why is
it so
important
to build
a diverse
workplace
of our respondent
organizations say
gender diversity also
helps improve their
brand.
33%
A global survey undertaken by EY and
the Peterson Institute for International
Economics in Dublin, 2015, displayed a
significant correlation between women in
corporate leadership and profitability.
The report showed that
an organization with
30% female leaders could
add up to 6 percentage
points to its net
margin
[19]
.
For example, a leading telecom
multinational leverages the financial
benefits of gender diversity to boost its
business case.
A study conducted on the financial
performance of US companies from
2011 to 2016 found that those with at
least three women on the board posted
an 11% higher return on equity, and their
earnings per share were 45% higher than
companies with no women
directors
[20]
. Creating an inclusive
culture for all employees also helps
organizations reduce employee turnover
costs by retaining valued talent.
Promoting women’s participation goes
beyond “just feminism”; it is deeply
connected to establishing economic
stability. Competencies in areas of
business, entrepreneurship, finance and
leadership are not exclusive to men. For
every woman who is excluded from the
eligible talent pool, there is a consequent
economic loss.
Organizations are still unaware about the real concept of diversity and
the benefits it brings to them. D&I initiatives must be core drivers for the
organizations. D&I is the need of the hour to have not just diversity of thought
but also to cater to a gender diverse customer base.
Payal Agrawal | Director - Business Head CSS, Middle India
and International Markets, Johnson & Johnson
“
Women face challenges when they are going on
maternity leave and are unable to return to work. Are
we keeping in touch with these women while they are
away? Keeping in touch to some extent, eliminates the
need for a Second Innings program.
Kalpana Unadkat
Partner Khaitan & Co.
“
It was further observed that some respondents are not aware of their
organization’s diversity purpose and vision. Putting forth a defined
diversity purpose is irrelevant if it does not cascade down from
leadership levels to the employees. It eliminates the possibility of
collective participation from the entire organization
[21]
.
Only 31%
organizations
have understood
the financial
benefits of having
a diverse gender
population, and
have built a
business case in
support of it.
In our survey,
72% respondents
said that their
organizations
have a well-
defined diversity
purpose and
vision. This shows
that organizations
are attempting to
put forth diversity
as an important
focus area.
organizations leverage diversity for
recruitment and retention without
having a well-rounded understanding
of the benefits of gender diversity.
65%
31%
72%
Additionally, 50%
of these simply leverage Employee Value
Proposition (EVP) and their image for
being diverse organizations to attract
and retain women employees.
16 The Future is HERe
“
The Future is HERe 17
These organizations are taking a piece meal
approach, often influenced by other leading global
organizations within their sector to simply increase
their gender numbers. This, in the long run, is
unlikely to have any significant impact on these
organizations’ business case.
Only 39% organizations deploy formal centralized
budgets for their gender diversity business case.
39% organizations do not provide structure to their
business case by allotting budgets on a case-by-case
basis. A lack of formal budgeting displays a lack of
structure and commitment from senior management
in the business case, thereby making it difficult to
implement any initiatives taken.
On a positive note, 53% of these organizations
recognize that a gender-diverse organization has an
improved working environment and are using it to
improve their attractiveness as employers and retain
the best-in-class talent, i.e., men and women.
It is important to note that without understanding
the benefits and designing a clear business case
in tandem with them, effective execution of D&I
programs can be difficult.
This is indicative of the
trend that organizations
adopt diversity as a
policy and not as an
organizational practice.
18 The Future is HERe
Popular D&I
initiatives
Initiatives such as flexible timings, sponsorship and
mentoring programs have helped organizations boost their
gender diversity agenda. A few like the Prevention of Sexual
Harassment (POSH) and Maternity Benefit (Amendment) Act,
2017 are law-mandated steps to incorporate and protect
gender diversity in the corporate landscape. Aside from putting
forth policies that help women maintain a safe workplace
environment and sustain a work-life balance, these initiatives
provide strict guidelines for implementation in organizations.
Despite minimal lapses, such guidelines leave little margin for
error in the implementation of initiatives.
Of the initiatives that have been put into action, only a few have
been fully successful. Below are some insights into why a few
of these initiatives have proven to be beneficial and have seen
significant success.
03
Over the past few years,
organizations have made
efforts to adopt D&I as a
focus area. Various initiatives
have been adopted to build
a culture of inclusion. While
there is a lot to be done,
some initiatives have helped
organizations create a
healthier, more vibrant and
inclusive workplace.
The Future is HERe 19
Successful initiatives
POSH
The global approach to sexual
harassment is quite versatile. Each
country encompasses different
definitions of harassment in the
workplace. Australia has one of the
oldest sexual harassment policies
that dates back to 1984. India defines
“sexual harassment” as unwelcome
sexual advances, requests for sexual
favors, and verbal or physical conduct
of a sexual nature. Sexual harassment
occurs when:
	
In India, the POSH Act has shown the
most success with 72% respondents
saying it has proven beneficial to them.
Its law-mandated nature provides rights
and a rigid course of action to prevent
sexual harassment of women in the
A few respondents were unaware of
any briefings that may or may not have
been made, which represents a lack
of communication rigor on the part
of the organizations. An organization
must actively find effective ways of
communicating its policies to employees.
Involving the right leaders who
understand the need for gender diversity
across hierarchy bands is crucial in
cascading the agenda across levels.
Extended maternity
benefits
57% respondents said that the Maternity
Benefit (Amendment) Act, 2017 has
positively impacted the career cycles
of women. This amendment to the
Act provides an extended leave with
pay for new mothers up to 6 months.
It ensures that women are not held
back from taking on new roles whether
they are personal or professional. The
Maternity Benefit (Amendment) Act,
2017 provides for procedures in case of
every possible scenario including pay,
time for leave for adoptive mothers,
even mandatory crèche facilities at the
workplace. POSH provides helpful
directives that begin by creating
awareness of the program to every
step of implementation. Its scope
grants punishment to the offender
and anonymity to the victim. This has
helped give women employees a sense
of security and safety in their
work environment.
In accordance with the law, 65%
of responding organizations have
conducted awareness programs
for all employees. However, 22%
organizations have briefed their
employees through emails, which can
often go unread and ignored.
Is this done simply to
acknowledge the law
rather than to build a
secure environment?
A small percentage of organizations
have conducted awareness workshops
only for women, rather than for all
employees. It is vital for men, more
than women, to be familiar with POSH
for the policy to have the right impact
in creating a safe and
inclusive environment.
1
Submission to such conduct is made
either explicitly or implicitly over a term
or condition of an
individual’s employment.
2
Submission to or rejection of such
conduct by an individual is used as the
basis for employment decisions affecting
such individual.
3
Such conduct has the purpose or
effect of reasonably interfering with
an individual’s work performance
or creating a hostile, intimidating or
offensive work environment.
Under Project Suryashakti, women were given an opportunity to venture into
the male-dominated space of solar panel installation. With advanced training on
solar power plant PV installation, close to 50 women are now installing these
panels on rooftops.
Dr. Prince Augustin | EVP - Group Human Capital &
Leadership Development Mahindra & Mahindra
“
The Launch of Spring Board is our effort in bringing about changes in mind
sets and policies and introducing sustainable initiatives for women, after
hearing it from them about their needs. I personally envision a bright future
for women at JSW, and in next 2 to 3 years’ time our goal is to significantly
enhance our gender diversity ratio as well as become the Employer of Choice
for women employees.
Gautam Chainani | CHRO JSW Group
“
“
20 The Future is HERe
Organisation (ILO) has shown that
fathers who are offered a paid
paternity leave have a greater
inclination to help and contribute
more at home. Additionally, it has
been observed that women who
have more help at home from their
spouses tend to return to work from
maternity leave much before their
leave ends. In fact, a study based
in Sweden showed that for every
month husbands took parental leave,
a working mother’s future earnings
increased by 7%
[23]
.
The Jobs Act in Italy includes laws
to encourage work-life balance.
These laws are intended to support
flexible work timings and part-time
work to meet the needs of parents.
They also provide opportunities for
parental leave to be taken on an
hourly basis. Companies are offered
relief on social security contributions
if they address the need for work-life
balance among their employees
[24]
.
Such policies encourage employees
to work from home and decide their
timings, without any significant loss
in salary.
When it comes to professional
concerns, several women face the
problem of safe commute after
working late. This restricts them
from being able to put in long hours,
which consciously or unconsciously
affects their pay. To overcome this,
a few large MNCs have taken the
initiative of providing secure travel
facilities for women who work late,
regardless of their position in the
organization. Providing a carpool
service for women employees would
workplace or near it. 43% respondents
have said that crèche facilities were
beneficial for them.
On the contrary, there is a growing
concern that this six-month maternity
leave impacts the career growth of
women and makes them unemployable
and incapable to join at the same
position as when they left. It is vital to
understand that if given the right kind of
support, women can get back on track
with their career.
Second innings
program for women
To eliminate concerns about the
negative impact of extended maternity
benefits, second innings programs
are increasingly gaining importance.
They help women understand new
developments and procedural and
regulatory changes in their respective
fields. Several job portals are targeted
solely toward women who are looking to
restart their careers helping them with
opportunities to grow.
What steps are you
taking to create an
effective second
innings program?
Setups like the First Moms Club are
helping first-time mothers cope with
motherhood and the changes it brings to
a woman’s life. The club is also helping
mothers find suitable jobs after their
maternity break. An initiative like MOJO
(Mom on Jobs) started by FMC has been
successful among the members.
Work-life balance
In terms of self-defined initiatives, work-
life balance related policies such as part-
time work and work from home options
have seen the most success.
57%respondents said that such policies have
proven beneficial for them.
Such policies are relevant to both male
and female employees and provide for
work-from-home options, flexible work
timings and in some instances even job
sharing. If practiced effectively, these
policies can help employees manage
their responsibilities at work and home.
However, 55% female respondents and
49% male respondents still expressed
their struggle to maintain work-life
balance due to work pressure.
Through open-ended responses, several
men questioned the lack of work-
life related workshops that are male
inclusive, especially in light of evolving
social roles wherein increasingly men
are including child care in their social
responsibilities. Equal participation of
mothers and fathers has been especially
prevalent among the millennials.
Further, the need for extended paternity
leave is also being stressed upon.
There are countries like Norway and
Sweden that offer various benefits for
paternity leave, which extends up to
even 18 weeks in the latter. Research
done by the International Labour
India is a democratised rigid society. So for behaviour change to be
introduced and implemented, it has be mandated by law. Law then
becomes the negative enforcement.
Dr. Prince Augustin | EVP - Group Human Capital &
Leadership Development Mahindra & Mahindra
“
“
The Future is HERe 21
is equally important to establish an
effective communication channel to
capture feedback from the women
employees who are part of
these programs.
In addition to this, identifying high-
potential women talent and grooming
them early on in their career can
encourage women to put in their best
efforts and achieve their potential.
Commitment from strong male leaders
in such cases acts as a morale booster
for young women who otherwise feel a
sense of exclusion. For high-potential
talent, enhanced education and learning
opportunities prove to be beneficial.
Travel benefits for
expectant and
new mothers
Some organizations have recently
introduced additional travel benefits
for expectant and new mothers. These
benefits include business class travel for
expectant mothers during the last two
trimesters of pregnancy, to ensure that
comfortable travel is possible during
this period. A few organizations have
also allowed new mothers to travel with
their babies and a nanny, to ensure that
mothers do not miss “business critical”
travel opportunities during the first year
after childbirth. These forward-looking
policies are meant to ensure that women
are not at a disadvantage during the
period that they are nursing
their infants.
A common mistake women make when
seeking mentors or sponsors is that they
choose superiors who act as networkers
or cheerleaders. Instead, they should
seek advice from superiors who have the
authority to actively assign duties and
provide opportunities.
Structured mentorship programs with
effective governance mechanisms and
timely monitoring guidelines can help
attain commitment from the mentor.
Feedback from both mentor and
mentee must be tracked and recorded.
Small changes like these can make the
program a successful one.
Women’s leadership
programs
Focused Leadership programs for
women are increasingly gaining
importance, yet only 38% respondents
have said that women’s leadership
programs such as development centers
and training programs have been
effective in accelerating their growth.
Research shows that women often fall
short in building a personal brand and
displaying assertiveness and confidence.
To fit in a male-dominated corporate
scenario, their confidence tends to get
affected. Leadership programs can
act as a gateway for women to gain a
better understanding of themselves and
showcase their mettle. EY recommends
taking feedback from female employees
on areas where they require training
support. Employee pool is evolving
rapidly and so are their training needs. It
is therefore crucial to understand their
needs and then introduce programs/
interventions around those areas. It
Evolving Initiatives
Sponsorship, mentoring as well as
development programs are increasingly
gaining focus as part of organizations’
D&I agenda. Such programs are key in
nurturing and accelerating the growth of
women in the organization; however, it
has been found that they have had the
least positive response.
Sponsorship and
mentoring programs
Surprisingly, sponsorship and mentoring
programs showed the least positive
response with only 30% respondents
saying they were beneficial. In fact,
35% female respondents deemed
sponsorship and mentoring programs
as the most ineffective D&I initiative.
52% respondents think that male leaders
are not doing enough for the growth of
women. 19% of these respondents are
actually male. This calls for the need to
actively involve senior male leaders in
the diversity agenda. If mentors are not
one hundred percent on board, they will
never be able to nurture young female
employees to grow.
At J&J, we keep a lookout on our potential women leaders and invest in them
through focused training and nurturing programs. Building a women leadership
pipeline must not be seen as a challenge. Mentoring programs for high potential
women should be informal. Advice from senior leaders and colleagues must be
readily available. Informal networks with colleagues who have gone through
similar phases have been of great help.
Payal Agrawal | Director - Business Head CSS, Middle India
and International Markets, Johnson & Johnson
“
be cost-effective and would help them
network with their female colleagues.
While these initiatives have been
successful, there are a few that still have
scope for improvement. Despite being
major areas of focus, the implementation
of these initiatives has not been able to
create the desired effect of building a
nurturing environment for all employees
to grow.
22 The Future is HERe
With an intention to
provide a clear strategy
for accelerating the
women in the workforce,
EY introduced the
Women. Fast Forward
program. EY surveyed
400 leaders of companies
from a cross-section
of industries in EMEIA,
Asia Pacific and North
America. This three-point
strategy is:
1. First, establish a clear
path for women to ascend
to leadership, including
leadership pipeline programs, a
supportive environment, setting
measurable goals for leadership
representation, appointing male
sponsors for female employees
and establishing internal
women’s networks.
2. Second, emphasize work-life
integration by adopting both
formal and informal flexible work
arrangements that benefit both
men and women.
3. Third, build a supportive culture
by having an active CEO who
visibly supports the advancement
of women, developing a
company-wide message that bias
is unacceptable, enlightening
all employees and educating
management about conscious
and unconscious bias, and
ensuring that formal and informal
sponsorship of women and
underrepresented groups is part of
all senior leaders’ goals
and priorities.
Role of D&I councils in
the success of initiatives
Effective governance mechanisms
are important to ensure successful
implementation of initiatives. Apart
from appointing diversity leaders and
monitoring initiatives, establishing
a formal D&I council can ensure an
effective check on D&I initiatives.
Only 24% of the respondents said that
their organizations have set up formal
D&I councils.
Organizations need to make sure that
employees are aware of such a council.
If they are not, valuable feedback
and active participation are lost. D&I
councils can play a major role in ensuring
effective implementation, especially
when they have strong leadership
backing and appropriate
female participation.
While keeping this in mind, it is also
critical to see that all employee groups
are given sufficient representation
among the members of the council. A
diverse mix of skills within the members
through a thorough selection process
can make the functioning of the
council effective.
Additionally, it helps if the functions and
responsibilities of the council members
are well defined. These key factors help
maintain a flow of diverse ideas
and perspectives.
When putting forth responsibilities, it
helps when leaders are held accountable
for the success of D&I initiatives. Making
gender diversity a part of performance
appraisals for senior management helps
garner participation from male leaders.
Increasing effectiveness
of D&I councils
Forward looking
Often, members tend to focus on their
own personal diversity agendas and
individual concerns. Their focus must
remain on upcoming trends and long-
term changes that could support their
organization in building a brand for itself
as D&I leader.
Communication
A failure to communicate could lead
to the demise of any D&I initiative. It is
important for D&I councils to maintain
interaction between members and
employees across the organization.
However, at no point is it a good idea for
them to sway from their primary agenda
and begin to act as a “complaint body.”
The goal of a D&I council should not be to
make policies but rather to link diversity
with existing organizational initiatives
and ensure implementation across
the organization.
A great way to avoid such errors is
to rotate the members of the council
annually or biennially. This makes room
for fresh perspectives and innovative
ideas that can contribute significantly to
the council’s efforts. However, too much
rotation can also hinder the continuity
of effort.
We don’t have too many female role models. Which brings me to ask,
are we creating enough women role models across all sectors?
Kalpana Unadkat | Partner Khaitan & Co.
“
The Future is HERe 23
Organizations must establish internal guidelines to ensure proportionate
gender representation on every project team, task force, committee or
panel - most particularly on those related to recruitment, increments,
promotions, customer support and marketing.
Pallavi Jha | Chairperson, CII IWN Western Region
Managing Director, Dale Carnegie India
“
Initiatives taken
at EY
Spreading
awareness of
unconscious bias
To address issues around unconscious
bias, EY conducts theatre-based sessions
and awareness drives for employees to
draw attention toward unconscious bias.
These initiatives help employees dispel
some of the myths and stereotypes that
are held about women in general, as well
as share some of the solutions to help
reduce the gender gap – both internally
and externally. These sessions include
artists enacting situations EY employees
face at the workplace.
Focused hiring
As part of an initiative
RecruitHER, EY has taken
special measures to
eliminate bias at the workplace against
hiring women for specific job roles.
Through communication collaterals,
we help recruiters and interviewers
identify and debunk myths around hiring
women, thus making EY a gender-
neutral workplace.
EY Women
Informal Network
(EYWIN)
The network was formed specifically
to reach out to our women employees.
The network has partnered with leading
organizations to impart online training
modules on specific skills such as
persuasion and building a personal digital
brand. The network communicates
regularly with the employees to
share and discuss any policy changes
introduced in the firm. The network is led
by senior management.
Flexible working
options
The firm provides flexible
working options to all its employees,
helping them balance home and
work priorities.
Extended
maternity benefits
In line with the Maternity
Benefit (Amendment) Act, 2017, EY
gives its women employees the benefit
to take maternity leave of 26 weeks.
Crèche facilities have also been provided
at EY offices.
Workshops for
women on boards
This day-long workshop is
hosted by EY India for enabling existing
and potential women directors to be
more effective in their board roles,
and provides comprehensive insights
on varied aspects of a director’s role
and effectively discharging their duties
on the board. The workshop features
practical experiences of senior board
members and technical sessions from EY
on topics such as corporate governance
and financial reporting.
EY Women
Business Leaders
Network (WBLN)
EY WBLN is a platform for senior/CXO
women from India Inc. to come together
and benefit from shared insights into
their path to leadership. It is an integral
part of our Women. Fast Forward
initiative launched globally, with a view
to seeing more women in leadership
positions in business and economy.
For our clients, under
the EY Women. Fast
Forward, EY conducts:
24 The Future is HERe
Implementable
solutions
In response to our survey:
04
Organizations struggle to
create a gender-diverse
working environment. respondents said their
organizations are unable to
attract and retain female talent.
42%
respondents said that their
organizations conduct
gender audits.
21%
said they do not conduct gender
audits at all, and 41% said that
they are not aware of any gender
audits conducted.
37%
senior management responses
said they were not aware of their
gender diversity targets.
28%
Keeping the above challenges in mind, EY recommends
adopting and implementing the following key initiatives:
The Future is HERe 25
Women business leaders can do more to mentor their women subordinates.
We see too many episodic mentoring activities which are done for a feel good.
Mentoring needs to be sustained and sincere. Similarly aspiring women need
to be more assertive and help themselves rather than waiting for things to
happen for them.
Pallavi Jha | Chairperson, CII IWN Western Region
Managing Director, Dale Carnegie India
“
Gender parity audits
Without making an assessment
of their current gender numbers,
an organization will be unable
to create a significant impact on
gender diversity and in return reap
the benefits of having a diverse
workforce. To better understand
its population, an organization can
make use of gender parity audits.
Gender parity audits are an
assessment tool that provide the
extent to which gender equality
has been effectively incorporated
into organizational policies and
programs, structure, decision-
making processes as well as
consequent budgets. A good
starting point is a compensation
and benefits audit focusing on
gender parity.
Only after recognizing the present
state can organizations set a
reasonable gender diversity
target and work toward it. This
diversity target should be set
while keeping in mind organization
benefits as well as the overall
growth of the company and its
employees. Gender diversity
should never come at the cost of
an organization’s performance;
it should rather support the
growth of the organization by
harnessing the benefits of diverse
thoughts and ideas.
26 The Future is HERe
Maintaining effective
communication
Communication is an effective tool
to bind employees together and
make them feel inclusive. Male and
female employees have different
communication styles, and realizing
this is critical to creating an
engaging environment. Industries
benefit when male and female
leaders share the stage.
Male leaders play an important
role in improving communication
channels. Regular interaction with
female employees encouraging
them to share and discuss
their thoughts will benefit the
organization as a whole.
Addressing unconscious bias
Unconscious bias can affect talent
staffing and performance review.
It affects how organizations hire,
promote and develop its people.
Research has identified as many as
150 factors for unconscious bias.
Organizations could use the
crowdsourcing model or an
external partner to identify the
organizational gender biases, how
they manifest and how to get rid of
them. Getting rid of unconscious
bias calls for a change deep-within.
We need powerful and influential
sponsors at the leadership level
who will be committed to this
cause and transmit their stance
to the entire firm. In India, this is
one of the major causes of gender
inequality and if tackled well, will
offer organizations rich dividends.
EY is creating a digital learning
solution to support its clients.
Effective D&I councils
Successful and effective D&I
councils help create a fair and
trusting environment to ensure best
talent is attracted and retained.
Participation and presence of senior
management at the council send a
clear message to the company and
external stakeholders that D&I is a
critical goal of the organization. D&I
thus becomes a priority.
The Future is HERe 27
Mentorship programs
Structured formal mentorship
programs are critical given that
male leaders tend to channel their
mentoring advice to male protégés.
It is essential that mentors and
mentees are provided with tools
or training to help make these
programs effective. Without these
and governance mechanisms, the
programs become mere check-the-
box programs.
Women leadership programs
In EY’s experience, women
leadership programs have helped
client organizations build pipelines
of high-performing women ready
to take on senior roles. Based on
organization-specific leadership
competencies, it helps chart
individual learning and growth plans
for the participants.
Women networking forums
Women networking forums have
proven to be an effective medium
to attract, develop, retain and
advance women employees. Such a
forum can help encourage four key
aspects:
Dialogue
It improves dialogue about the
challenges women are facing at
the workplace.
Networking
It acts as a platform to make new
internal and external connections.
Mentoring
It helps women employees seek
informal career advice from
senior leaders.
Advancement
It prepares women for growth and
leadership opportunities.
28 The Future is HERe
Future of
diversity
Let us picture a world that does not associate itself with
the concept of gender diversity, a world where we have
progressed so much that we no longer need to be careful
about exclusion because in its essence it is all inclusive. A world
where we do not see gender before making decisions within
our organizations and socio-economic environments; gender
blindness, if you will. From this point on, we do not mention
any gender; instead, we look to each other as individuals with
unique abilities.
05
In modern times, issues of
co-existence between men
and women have
been intensified.
The Future is HERe 29
In order for a better future, we need to
focus on the now. Propagating this concept
is essential for change.
Start with a simple conversation about the
subject and encourage someone to believe
in this idea of a better future. Imagine the
idea of YOU being a part of this change, the
gratification that you could feel after making
someone finally understand the reality of
the situation and encouraging them to be
a part of this movement and advocate the
same message. A world where everyone
works together with no ulterior motive but
equality. The ultimate utopia can be a reality
only if we collectively work toward it.
Diversity will move beyond just genders. It will be more
inclusive with greater inclusion of specially abled, LGBTs.
Gender Diversity will give way to Thought Diversity.
Dr. Prince Augustin
EVP - Group Human Capital & Leadership
Development Mahindra & Mahindra
“
“
The fact is that women feel guilty for missing out on
familial responsibilities. It’s perfectly alright to share
these responsibilities with their spouses. Take a
practical view, we can’t do everything.
Kalpana Unadkat
Partner Khaitan & Co.
“
There will be higher engagement with families. We will see
more and more men helping their spouses with familial
responsibilities. There will be greater realization that
careers and jobs of women are equally critical. Korea and
China saw greater number of women in the workforce
essentially because the families could no longer sustain with
one family member earning salaries.
Payal Agrawal
Director - Business Head CSS, Middle India and
International Markets, Johnson & Johnson
“
“
“
Top 4 focus areas for gender diversity
Does your organization have a Diversity purpose & vision?
Gender Diversity targets
Does your organization conduct gender audits?
Changes in
HR policies
Recruitment
& Selection Behavioural/
Mind-Set
Change
Learning &
Development
80% Yes
20% No
35%
42% 36% 22%
30%
of the respondents
were unaware of any
gender diversity target
of the organizations do
not have any gender
diversity target.
I am not aware No Yes
The Future is HERe30
Is Gender Diversity a part of your Performance Management System?
Effectiveness of Gender Diversity initiatives (according to women)
Challenges Gender Diversity faces in your organization
Are men in top leadership doing enough for the growth of women employees
in the organization?
63% 37%
Yes, for senior leaders and
function leaders
No I am not aware
39%
30%
29%
*2% skipped this question
Not working well
Working well
Employee Engagement
activities to motivate
employees and boost morale
Flexible working hours and
work from home options
Sponsorship and
Mentoring Programs33%
30%
21%
Creche
facilities16%
Specific
development
interventions
for women
employees
13%
Maternity
Benefits
23%
women respondents
said No
men respondents said No
and 39% said Yes
The Future is HERe 31
Addressing existing biases among
managers & employees
Lack of skilled women candidates in the
external talent pool
Lack of skilled women candidates
in the external talent pool
Difficulty in attracting and retaining
women candidates
Difficulty in attracting and
retaining women candidates
The business case for diversity is not considered
a priority across management levels
45% 35%
42% 35%
40% 31%
Women said Men said
Sector
Responses from
17 states
across India
48%
men
52%
women
responses from
the Service sector
35%
Financial Services Sector
Consulting
Legal, Hospitality/Travel and Market Research
Education and Media Sector
BPO/KPO/.COM
23%
manufacturing
13%
includes sectors
like pharma and
healthcare, retail, real
estate and construction
16%
IT sector
15%
miscellaneous
sectors
Survey
demographics
32 The Future is HERe
29%
27%
19%
17%
08%
Role
Annual Turnover
HR representatives
Board Members
Senior Management
Middle Management
Executive
6%
28%
31%
10%
26%
33%
Up to 1000 cr
25%
1000 cr – 10000 cr
42%
More than 10000 cr
The Future is HERe 33
34 The Future is HERe
Concluding thoughts
Several studies by reputed institutions have proven that D&I are critical for an organization to be more
successful and profitable. Forward-thinking organizations have recognized this in India and designed
policies and undertaken several initiatives to enable a more gender-balanced organization. However,
several other organizations are still at different stages of that journey.
Defining a clear business case for D&I with budgets to effectively design and deploy policies, putting in
place a D&I council and having a seat on the board for the D&I leader to weave diversity and inclusion in
the strategic initiatives of the organization will assist in harnessing the benefits. D&I policy implementation
is crucial and needs to be monitored by senior management to assess its efficacy. Organizations need to
constantly work toward reducing unconscious bias in decision making. The tone at the top is also critical to
driving the shift in mindset and commitment to D&I policies by the senior management of organizations.
The Government of India has proactively undertaken several D&I-enabling steps from a regulatory
perspective — including the Sexual Harassment of Women at Workplace (Prevention, Prohibition and
Redressal) Act 2013, Equal Remuneration Act 1976, requirement of a women director to be on the board
of specified companies, extended maternity benefits and reduction in EPF contribution by women — which
is commendable.
As India emerges as one of the global economic superpowers, women will play a valuable role in
contributing to India’s GDP growth. It is incumbent upon corporates to create an enabling environment and
a level playing field for the female talent such as having clear D&I policies, removing disparity in pay scales
and providing paternity leave, flexibility, effective sponsorship and mentoring, etc., which will encourage
women to break the glass ceiling and attain senior positions, which will in turn benefit corporates through
innovative outcomes and higher profitability.
Partner and India Region Diversity and
Inclusion Leader, Ernst & Young LLP, India
KasadAashish
CII Team
Contributors
Jane Karkada
Regional Director, CII Western
Region
Jane.karkada@cii.in
Sneha Sohaani
Head - Indian Women Network
(IWN) - Western Region
sneha.sohaani@cii.in
+91 98190 47200
The Future is HERe 35
Debleena Basu Dhar
Executive Officer
Confederation of Indian Industry
debleena.basudhar@cii.in
EY Team
Sakshi Khera
Consultant, People Advisory Services
Sakshi.khera@in.ey.com
+91 98673 13332
Shruti Atri
Analyst, People Advisory Services
Shruti.atri@in.ey.com
+91 98202 52581
Special thanks to Saachi Shivdasani for her contribution to the report.
Ryan Lowe
Partner, People Advisory Services
Ryan.lowe@in.ey.com
+91 98922 12344
Ajay Venkatesh
Manager, People Advisory Services
Ajay.Venkatesh@in.ey.com
+91 9890 808848
Jasmeet Kaur Jaggi
Ashish Kuttickal
Ridhi Sharma
Tarini Singh
Ruchika Vermani
Acknowledgement
36 The Future is HERe
ABOUT CII INDIAN WOMEN NETWORK (IWN)
Confederation of Indian Industry (CII) felt that career women require a structured network to discuss the
experiences and challenges to become better professionals at work; as well as the importance of creating
gender parity in business & society.
CII in 2013 launched the Indian Women Network (IWN) – an exclusive platform for career women.
IWN stakeholders include:
• Women in Industry
• Women Entrepreneurs & Women in Family Businesses
• Women Independent Professionals
• Women Students & Faculty in Higher Education Institutions
IWN is currently present in 14 States, 1 Union Territory & 5 Zones nationally.
Today’s business demands require not only core competence but also continuous and comprehensive learning,
adapting to worldwide best practices, cater to domestic markets with global standards. IWN works towards
enabling women become better professionals and achievers in their respective fields through various need
based services for its members.
IWN’s activities and initiatives are executed through its 3 task forces namely Learning & Development, Policy
& Advocacy and Health & Wellbeing.
On the whole, IWN is a platform that provides learning, knowledge enhancement and networking
opportunities. It is an environment of likeminded career women to share experiences, provide solutions &
overcome challenges.
CII Indian Women Network (IWN), National Confederation of Indian Industry
Prof. C K Prahalad Centre, 98/1, Velachery Main Road,
Guindy, Chennai - 600032
Tel: +91 44 42444555, Fax: +91 44 42444510
Email: chairwoman.iwnnational@cii.in
www.indianwomennetwork.in
The Future is HERe 37
Bibliography
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[2] http://reports.weforum.org/global-gender-gap-report-2016/results-and-analysis/
[3] [14] http://www.independent.co.uk/news/business/news/iceland-equal-pay-international-womens-day-
2017-world-first-country-a7618986.html
[4] https://www.eurofound.europa.eu/observatories/eurwork/comparative-information/gender-equality-
plans-at-the-workplace
[5] https://www.forbes.com/sites/dinamedland/2016/03/07/todays-gender-reality-in-statistics-or-making-
leadership-attractive-to-women/#4ca2ded26883
[6] http://www.catalyst.org/knowledge/women-workforce-china
[7] http://www.catalyst.org/knowledge/women-management
[8] http://www.bbc.com/news/education-36266753
[9] https://timesofindia.indiatimes.com/india/Will-open-combat-roles-for-women-President-Pranab-
Mukherjee/articleshow/51114512.cms
[10] http://gender.stanford.edu/news/2014/why-does-john-get-stem-job-rather-jennifer
[11] https://www.forbes.com/sites/kimelsesser/2016/10/27/7-important-facts-about-the-global-gender-
gap/#2dfa54404c22
[12] http://time.com/money/4545966/women-work-more-than-men/
[13] https://economictimes.indiatimes.com/jobs/women-in-india-earn-25-per-cent-less-than-men-survey/
articleshow/57491534.cms
[15] [16] [20] https://www.huffingtonpost.com/entry/the-business-case-for-gender-diversity-update-2017_
us_590658cbe4b05279d4edbd4b
38 The Future is HERe
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[17] http://www.livemint.com/Politics/FhSn2BzO7e2DBwNRoUrEpN/Women-could-boost-GDP-by-700-bn-
report.html
[18] http://www.catalyst.org/media/companies-more-women-board-directors-experience-higher-financial-
performance-according-latest
[19] http://www.ey.com/us/en/newsroom/news-releases/news-ey-new-research-from-the-peterson-
institute-for-international-economics-and-ey-reveals-significant-correlation-between-women-in-
corporate-leadership-and-profitability
[20] https://www.huffingtonpost.com/entry/the-business-case-for-gender-diversity-update-2017_
us_590658cbe4b05279d4edbd4b
[21] http://www.hsbc.com/our-approach/diversity-and-inclusion
[22] http://edge-cert.org/loreal-india-made-next-step-gender-equality-workplace-received-edge-move-
certification/
[23] https://www.theguardian.com/commentisfree/2015/apr/10/want-better-dads-happier-mums-and-
healthier-kids-make-men-take-paternity-leave
[24] https://content.next.westlaw.com/2-503-3122?transitionType=Default&contextData=(sc.Default)&__lr
TS=20170927190808910&firstPage=true&bhcp=1
The Future is HERe 39
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CII IWN - EY Report - The Future is HERe

  • 2. 01 Diversity landscape in India 02 Defining the business case for diversity 03 Popular D&I initiatives
  • 4. Pallavi Jha Chairperson, CII IWN Western Region Managing Director, Dale Carnegie India
  • 5. CII IWN From recent global events, it is apparent that gender disparity is not just an India-centric problem; it is a serious global challenge. In the latest Gender Disparity Index rankings that were released, India slipped to a disappointing 130. Clearly, there are several human, policy, societal and attitudinal obstacles that need to be overcome besides government prescriptions, which will enable greater sensitivity toward the female population of India. Some of the difficulties may appear insurmountable and long-term, but it is about time we seriously commenced a corrective action. Currently, we have made modest progress in trying to break the formidable glass ceiling, for instance, by making board representation of women professionals a mandatory regulatory requirement or through POSH and extension of maternity leave benefits. While this has made a salutary shift, we have to move beyond symbolism by ensuring a sustainable gender equality policy that will foster the spontaneous unstoppable rise of women in the corporate hierarchy. Issues such as mid-career disruption, eliminating unconscious bias or greater flexibility in working hours assume great relevance in today’s environment. Finally, we saw that the worldwide trending social media hashtag #MeToo found much resonance in India and has opened up a Pandora’s box on the elephant in the room: sexual harassment of women in the workplace. It is undoubtedly established now that not only is the unfortunate malaise of sexual harassment and intimidatory tactics to silence the aggrieved victim prevalent across several industries, but the safety of women in general is becoming an endemic issue as well. Driven by concerns of safety and security, organizations are constrained from providing the same opportunities for travel and experiences to women as compared to their male counterparts. This, along with the career breaks on account of their societal and biological roles, results in unequal career growth and disparity in pay and fair representation across the workforce, particularly in leadership. Thus, the industry needs to look at the long-term ramifications of gender disparity which are not restricted to the corporate sector, but to the society as a whole. At CII Indian Women Network, we are driven by the imperative that Indian women become a core critical mass of the workforce to bring about the transformational change in attitude and behavior. We have also recognized the importance of some amazing women role models who can inspire the future generation into believing that there are no limits to what a woman can achieve. One critical aspect is our own self-belief and innermost conviction that will ultimately help us triumph in our relentless struggle for gender equality. It is a pleasure to share this comprehensive report with you that captures the universe of several variables that will impact our future progress. We remain totally convinced that our collective endeavor will inevitably lead to a better world for women, both in their careers and lives. Foreword
  • 6. EY Ryan Lowe Partner, People Advisory Services, EY
  • 7. Although India has traditionally been a very diverse society in areas like culture, religion and language, gender diversity is one area where India has not made enough progress. However, the time is ripe for putting this very critical imperative at the center stage. The top management in India is still primarily a man’s business (as much as we would like to believe otherwise). But the race to grow women leaders is firmly on in India Inc. In the last few years, there has been forward movement in the diversity agenda with the Government and organizations collectively making efforts to bridge the gap and support women employees to grow. Iceland, Norway and Finland are known to have made exceptional progress in eliminating the gender gap. In fact, Iceland is the first country to mandate equal pay for equal work as per law. Additionally, it is mandatory for Icelandic companies to have 40% women on their boards. India also took a giant leap toward closing this gap with the Maternity Benefit (Amendment) Act, 2017. The Bill took some concrete steps that supported women employees in their careers. There is, however, still a lot more ground to cover. It has increasingly become more important to create an equal and inclusive environment at the workplace. The business case for diversity (gender in particular) and inclusion is now broadly accepted and its benefits increasingly understood. In light of this background, EY has partnered with Confederation of Indian Industry (CII) Indian Women Network (IWN) as knowledge provider to build a research paper that contributes to building a better working world for all genders. We intended to gain a better insight into the current maturity level of organizations and understand how the benefits of D&I can be optimized for all stakeholders. Our focus remained primarily on organizations’ business case for gender diversity and understanding the scope of initiatives that have the potential to create an inclusive working environment. We hope that the report gives you some insight into the key barriers to gender diversity and encourages you to build an environment that is inclusive and gender equal! We look forward to your feedback to continue our work in creating a gender equal world. Foreword
  • 8. 8 The Future is HERe Diversity landscape Inclusiveness is about leveraging these differences to achieve better business results. It is about creating an environment where all our people feel, and are, valued; where they can bring their differences to work each day; and where they contribute their personal best in every way possible. Gender diversity at workplace indicates healthy representation of all genders that constitute the organizational workforce. A healthy gender representation across all levels of the organization has shown encouraging the flow of innovative ideas, thoughts and improvement in the financial performance of organizations. Reports have indicated that as of 2015, women held only 7.7% of board seats and just 2.7% of board chairs [1] . While considering D&I initiatives, improving diversity with overall numbers takes primary focus. Inclusion is usually ignored or dealt with separately. We at EY feel that the inclusion of all organizational groups is key to ensuring that any diversity initiative is sustainable in the long run. To achieve gender inclusion at the workplace, organizations must ensure that policies and programs consider and respect the individuality of their employees. Gender inclusion should be accompanied with a deeper commitment from organizations and strengthened by leadership endorsement. 01 Understanding diversity and inclusion At EY, we believe that diversity is about differences. Every one of us is different, and at EY we value and respect individual differences.
  • 9. The Future is HERe 9 Women are increasingly voicing their demands for equal treatment at the workplace. Some sectors in India have seen a rise in the number of women leaders. However, this increase in the number of women leaders is limited primarily to the banking, financial services, technology and pharmaceutical sectors, where the hiring of women has increased significantly across organizational levels. According to a 2015 study, more than half (54%) of women CEOs in India were in the financial and banking sectors [7] . This rise in the representation of women has yet to filter into other major sectors such as manufacturing, which have a longer way to go to utilize the large female talent pool available. I actually believe that the Indian woman cannot wait for an affirmative action to claim her rightful place on the board. She must be proactive about leaning in and taking charge of her own career trajectory and if the organization wants to enjoy the benefits of her loyalty, then it must learn to support her. Where is India on the global diversity map? According to the World Economic Forum’s annual Global Gender Gap Report 2016, Iceland stands number one in gender equality and has closed almost 80% of the gender gap [2] . It celebrated Women’s Day 2016 by making equal wages a law mandate [3] . Even in Finland, organizations with over 30 employees must have a gender equality model in place that compares wages of male and female employees [4] . Most Nordic countries provide mandatory parental leave that can be used by both men and women. Globally, the Philippines stands second in the percentage of women in senior management at 39%, surpassed only by Russia. Only 9% businesses have no women in senior management [5] . In China, working mothers get at least 98 days of maternity leave and 100% of their salary comes from the Government and employer combined [6] . India took a big leap toward gender parity with the Maternity Benefit (Amendment) Act, 2017. The Extended Paternity Benefits Bill 2017, if passed, would further demonstrate a major step toward accepting the evolving social gender roles in the country. Gautam Chainani | CHRO, JSW Group According to a recent EY report based on a 2015 WEF study, Women. Fast Forward: The time for gender parity is now, the world, on average, is about 216 years away from gender equality. India has an even longer way to go in order to achieve gender parity at the workplace. “ The gender gap can be best explained as the differences between men and women in terms of all kinds of variables, including education, politics, income etc. Despite a substantial increase in the number of women joining the workforce, gender parity continues to suffer. The ratio of educated women to working women in India raises concerns. Existing gender biases play a big role in holding women back. Research says women in the UK are 35% more likely to go to university than men. This and similar situations across the world speak about the advent of a large number of women in education and eventually into the workforce. Familial responsibilities and biases continue to hold back women from pursuing higher education and career growth. The Gender Gap 35%
  • 10. 10 The Future is HERe It is important to understand that people perform to the best of their abilities when they feel a sense of inclusion. If the focus is only laid on diversity, it shows progress only on paper and ignores the core element of inclusiveness. A long- term impact can only be maintained if diverse working groups are included, encouraged and empowered. Board/Senior Management Entry Level 20-40% The pyramid below depicts the average strength of women in organisations that were surveyed across sectors find senior management level hiring a challenge think hiring at middle management level is a challenge 29% 68% Through our work across sectors and research conducted, we think some of the major challenges that hinder the progress of D&I initiatives include: Unconscious bias Ineffective implementation of policies Fewer women in leadership roles Lack of awareness about the benefits of gender diversity. In fact, our survey reveals that 69% organizations have been unable to understand the financial benefits of diversity. These hindrances lead to a widening of the gender gap. According to a 2017 World Bank report, in over two decades preceding 2013, female labor force participation fell from 34.8% to 27%. In India, education enrolment for women does not naturally lead to jobs. In towns and cities, 68.3% of women who graduate do not have paid jobs, says a 2015 report by the United Nations Development Programme (UNDP), Women’s Voices, Employment and Entrepreneurship in India. This leads us to the question – Where are the women who graduated and what are they doing? 16% respondents in our survey reported having no women on the board and 47% reported that there are no more than 5% women in senior management roles. These organizations have only fulfilled the statutory requirement of One women member on the board. In fact, from our responses of respondents in senior management, only 33% were women . While we have seen a substantial rise in the number of women who have graduated, there are not enough women making it to higher management roles in the workplace. So, where are these women? 0-5% Is education leading to jobs?
  • 11. The Future is HERe 11 Why is the representation so minimal? Work-life balance continues to be a struggle for women in the workforce. Social norms, especially in India, traditionally saw women as homemakers and men as the breadwinners. There has been a significant change in this aspect to a time when women are making their mark in all fields of work. The Indian Air Force created history in 2016 when it commissioned three women as fighter pilots. In February 2016, the then President of India Pranab Mukherjee announced that women would be allowed to join the combat forces, and the process of recruiting young women as jawans has already started [9] . Israel is one of the few countries that require a mandatory two- year service in the army for men as well as women. While there are many positives we see today, women still face several challenges. Some of the challenges they face at the workplace include disparity in pay structure and organizational policies that do not consider gender differences. Most of these challenges come from a lack of appropriate representation for women across the hierarchy. This is specifically true in the top management, from where the decisions flow across the organization. 34% respondents opined that D&I initiatives are not given priority at the management levels. 23% female respondents find it challenging to attain work-life balance on account of organizational policies. 43% organizations have said they find it difficult to attract and retain female talent. In a scenario where across the world organizations are discussing the “war for talent,” it is not a comforting fact that organizations are finding it difficult to hire and retain one-half of the talent pool. This reflects that often, organizations are unable to facilitate an inclusive environment and are unable to recognize it as a crucial element of being able to utilize female talent. There are several additional factors that affect the success of women as they make their way up the corporate ladder. The following factors act as barriers for women and hinder their growth. 34% 23% 43%
  • 12. 12 The Future is HERe Often in case of a late-night emergency in a plant, women may not be able to travel to the location. However, even if she helps a man over the phone by instructing him on how to solve the problem, she is given no credit for it. The man’s physical presence in such cases is given more weightage. This is a problem that predominantly exists in the manufacturing sector. Exclusion from informal networks female respondents have said that they feel an exclusion from informal networks in the workplace. The concept of a “corporate men’s club” has always existed. There has always been a sense of exclusion for women from informal networks that exist in organizations. Exclusion from these networks can be held against women and affect female employee engagement and interactions. To improve the quality of engagement, creating formal or informal women’s networking forums or employee resource groups has been an effective case study to improve employee engagement and employee effort. Women-focused formal or informal networks also help connect women employees across the organization. They enable networking and serve as a platform to communicate the challenges women face and how some women are overcoming them. These networks become sounding boards and help women to steer through the gender bias storm. identical resumes with only one significant difference — one with the name John at the top and the other with the name Jennifer. Surprisingly, the scientists did not review these resumes solely on the basis of merit. Despite being as qualified as John, Jennifer was seen as less competent and scientists were less inclined to act as her mentor. Such bias often exists in recruitment in various sectors of the corporate world. Creating the concept of blind resumes can play a major role in eliminating this bias [10] . female respondents believe that there are different performance standards and expectations set from male and female employees working at the same level. This results from stereotyping. Women who take maternity breaks are often overlooked for promotions. The quality of work done by them is ignored and deserving promotion cases are held back. Practices like these and others can be dealt with through active policy making, one that accommodates the needs of all employees and ensures that they are not biased toward any employee group. Based on our interactions with female employees at client organizations, it was observed that women are often overlooked as viable candidates for programs or projects that require travel outside their base location. It is presumed that women will be unable to travel. These concerns for safety should not act as hindrances to their career path. To avoid this, facilities for safe travel can be made for women and men equally. Any employee, male or female, is precious to the organization. Roadblocks to women’s success in the corporate journey Unconscious bias Unconscious bias has been one of the biggest challenges to the progress of women. female respondents said that they face managerial bias. Unconscious bias stems from traditional gender roles and unevolved social norms. This bias is known to be present in senior levels of organizations as well and affects the growth of women in the workplace. This bias affects the work environment and creates an atmosphere that is not inclusive for all employees. It is therefore crucial to conduct programs that create awareness of the prevalent biases and how they impact the business. Active male participation from all levels in the organization must be encouraged for these programs. Often, assumptions of character and personality are based on gender. A handful of male respondents to our survey used terms like “passion,” “empathy” and even “gossip” in response to an open-ended question regarding areas in which women outshine men. Are these general parameters for judging one’s competency to perform workplace tasks? If so, are men judged along the same parameters? The bias is often unintentional but it is essential to eradicate this to ensure equal treatment. In a study done at an American university, scientists within the university’s Science, Technology, Engineering and Mathematics (STEM) faculty were handed two seemingly 42% 33% 26%
  • 13. The Future is HERe 13 They strengthen women participation in organization initiatives. However, there is still a need to disband any existing “men’s club” syndrome in organizations to ensure inclusion of all work groups. Disparity in pay structure According to the World Economic Forum’s Global Gender Gap report, 2016, globally an average woman gets paid as little as half the salary as an average male [11] . According to the same report, in the US, on average a woman gets paid about 77% of the salary her male colleague would [12] . India lags behind with women getting paid about 25% lesser than men [13] . This trend extends across all sectors. female respondents have opined that there is a disparity in the pay structure among their peers. This disparity can be majorly contributed to bias in hiring and salaries offered. Another excuse for this is usually women’s’ time out of the workforce impacting their career progression. Iceland’s equal wages law demands transparency in the pay structure [14] . Encouraging an atmosphere of that kind can prove to be effective. Additionally, awareness programs to help eliminate unconscious bias at all levels will help accelerate the growth of women in achieving an equal status in organizations. Further, it will enhance the utilization of all available talent to an optimized level and mutually benefit the organization as well as all employees. Men have their inherent/implicit biases about women employees and tend to believe that they may not be able to fulfil certain job roles. Dr. Prince Augustin EVP - Group Human Capital & Leadership Development Mahindra & Mahindra “ “ (Unconscious) Bias is not an urban/rural issue, it is linked to peoples’ personalities. Being a professional chef used to be associated with men, not anymore though. The mind-set that job roles are gender specific needs to be changed. Kalpana Unadkat Partner Khaitan & Co. “ “26% Unconscious bias Exclusion from informal networks Disparity in pay structure
  • 14. 14 The Future is HERe Defining the business case for diversity Well-validated research from across the world reveals a direct correlation between the number of women in the boardroom and improved financial performance. EY’s analysis supports these conclusions. Gender diversity also improves team decision-making and innovation capabilities for development of new products or services. Along with a well-defined business case for gender diversity, it is also important for organizations to outline action points that ensure valuable ROI for the firm. In India, social norms have always enforced a patriarchal culture. Traditions that started off as a simple division of roles based on the concept of practicality have been blindly followed without recognizing the changing dynamics of gender roles. 02 More Women On Boards = Better Business Performance
  • 15. The Future is HERe 15 ? Promoting diversity is becoming critical for every organization’s success in this evolving marketplace. Before we move further, it is quintessential to understand A parity of gender representation brings forth a diversity in thought. Men and women have different styles of thinking, decision making and innovating. This difference can be leveraged to enable new ideas and superior performance. Differences in experiences, cultures and education can bring about varied forms of creativity and innovation. A diverse workplace helps maintain an appropriate representation of all employees, employers, stakeholders and customers. This enables an organization to broaden its reach and gain a better understanding of markets with a well- rounded perspective. It also helps them identify upcoming trends and consumer choices in the future. A study conducted on 800 business units from the retail and hospitality sectors in 2014 showed that gender-diverse organizations showed a better financial profit as compared to those dominated by a single gender [16] . In fact, several studies have indicated that at a macro level, greater involvement of women in the workforce is beneficial for the economy. Extensive research quotes how companies with a diverse work environment tend to outperform those without one. A leading research firm estimated that improved gender parity in can contribute up to US$700 billion to the global gross domestic product (GDP) [17] . It has been found that companies with women on the board have a higher return on equity than the average of corporate firms in India [18] . why is it so important to build a diverse workplace of our respondent organizations say gender diversity also helps improve their brand. 33% A global survey undertaken by EY and the Peterson Institute for International Economics in Dublin, 2015, displayed a significant correlation between women in corporate leadership and profitability. The report showed that an organization with 30% female leaders could add up to 6 percentage points to its net margin [19] . For example, a leading telecom multinational leverages the financial benefits of gender diversity to boost its business case. A study conducted on the financial performance of US companies from 2011 to 2016 found that those with at least three women on the board posted an 11% higher return on equity, and their earnings per share were 45% higher than companies with no women directors [20] . Creating an inclusive culture for all employees also helps organizations reduce employee turnover costs by retaining valued talent. Promoting women’s participation goes beyond “just feminism”; it is deeply connected to establishing economic stability. Competencies in areas of business, entrepreneurship, finance and leadership are not exclusive to men. For every woman who is excluded from the eligible talent pool, there is a consequent economic loss. Organizations are still unaware about the real concept of diversity and the benefits it brings to them. D&I initiatives must be core drivers for the organizations. D&I is the need of the hour to have not just diversity of thought but also to cater to a gender diverse customer base. Payal Agrawal | Director - Business Head CSS, Middle India and International Markets, Johnson & Johnson “
  • 16. Women face challenges when they are going on maternity leave and are unable to return to work. Are we keeping in touch with these women while they are away? Keeping in touch to some extent, eliminates the need for a Second Innings program. Kalpana Unadkat Partner Khaitan & Co. “ It was further observed that some respondents are not aware of their organization’s diversity purpose and vision. Putting forth a defined diversity purpose is irrelevant if it does not cascade down from leadership levels to the employees. It eliminates the possibility of collective participation from the entire organization [21] . Only 31% organizations have understood the financial benefits of having a diverse gender population, and have built a business case in support of it. In our survey, 72% respondents said that their organizations have a well- defined diversity purpose and vision. This shows that organizations are attempting to put forth diversity as an important focus area. organizations leverage diversity for recruitment and retention without having a well-rounded understanding of the benefits of gender diversity. 65% 31% 72% Additionally, 50% of these simply leverage Employee Value Proposition (EVP) and their image for being diverse organizations to attract and retain women employees. 16 The Future is HERe “
  • 17. The Future is HERe 17 These organizations are taking a piece meal approach, often influenced by other leading global organizations within their sector to simply increase their gender numbers. This, in the long run, is unlikely to have any significant impact on these organizations’ business case. Only 39% organizations deploy formal centralized budgets for their gender diversity business case. 39% organizations do not provide structure to their business case by allotting budgets on a case-by-case basis. A lack of formal budgeting displays a lack of structure and commitment from senior management in the business case, thereby making it difficult to implement any initiatives taken. On a positive note, 53% of these organizations recognize that a gender-diverse organization has an improved working environment and are using it to improve their attractiveness as employers and retain the best-in-class talent, i.e., men and women. It is important to note that without understanding the benefits and designing a clear business case in tandem with them, effective execution of D&I programs can be difficult. This is indicative of the trend that organizations adopt diversity as a policy and not as an organizational practice.
  • 18. 18 The Future is HERe Popular D&I initiatives Initiatives such as flexible timings, sponsorship and mentoring programs have helped organizations boost their gender diversity agenda. A few like the Prevention of Sexual Harassment (POSH) and Maternity Benefit (Amendment) Act, 2017 are law-mandated steps to incorporate and protect gender diversity in the corporate landscape. Aside from putting forth policies that help women maintain a safe workplace environment and sustain a work-life balance, these initiatives provide strict guidelines for implementation in organizations. Despite minimal lapses, such guidelines leave little margin for error in the implementation of initiatives. Of the initiatives that have been put into action, only a few have been fully successful. Below are some insights into why a few of these initiatives have proven to be beneficial and have seen significant success. 03 Over the past few years, organizations have made efforts to adopt D&I as a focus area. Various initiatives have been adopted to build a culture of inclusion. While there is a lot to be done, some initiatives have helped organizations create a healthier, more vibrant and inclusive workplace.
  • 19. The Future is HERe 19 Successful initiatives POSH The global approach to sexual harassment is quite versatile. Each country encompasses different definitions of harassment in the workplace. Australia has one of the oldest sexual harassment policies that dates back to 1984. India defines “sexual harassment” as unwelcome sexual advances, requests for sexual favors, and verbal or physical conduct of a sexual nature. Sexual harassment occurs when: In India, the POSH Act has shown the most success with 72% respondents saying it has proven beneficial to them. Its law-mandated nature provides rights and a rigid course of action to prevent sexual harassment of women in the A few respondents were unaware of any briefings that may or may not have been made, which represents a lack of communication rigor on the part of the organizations. An organization must actively find effective ways of communicating its policies to employees. Involving the right leaders who understand the need for gender diversity across hierarchy bands is crucial in cascading the agenda across levels. Extended maternity benefits 57% respondents said that the Maternity Benefit (Amendment) Act, 2017 has positively impacted the career cycles of women. This amendment to the Act provides an extended leave with pay for new mothers up to 6 months. It ensures that women are not held back from taking on new roles whether they are personal or professional. The Maternity Benefit (Amendment) Act, 2017 provides for procedures in case of every possible scenario including pay, time for leave for adoptive mothers, even mandatory crèche facilities at the workplace. POSH provides helpful directives that begin by creating awareness of the program to every step of implementation. Its scope grants punishment to the offender and anonymity to the victim. This has helped give women employees a sense of security and safety in their work environment. In accordance with the law, 65% of responding organizations have conducted awareness programs for all employees. However, 22% organizations have briefed their employees through emails, which can often go unread and ignored. Is this done simply to acknowledge the law rather than to build a secure environment? A small percentage of organizations have conducted awareness workshops only for women, rather than for all employees. It is vital for men, more than women, to be familiar with POSH for the policy to have the right impact in creating a safe and inclusive environment. 1 Submission to such conduct is made either explicitly or implicitly over a term or condition of an individual’s employment. 2 Submission to or rejection of such conduct by an individual is used as the basis for employment decisions affecting such individual. 3 Such conduct has the purpose or effect of reasonably interfering with an individual’s work performance or creating a hostile, intimidating or offensive work environment. Under Project Suryashakti, women were given an opportunity to venture into the male-dominated space of solar panel installation. With advanced training on solar power plant PV installation, close to 50 women are now installing these panels on rooftops. Dr. Prince Augustin | EVP - Group Human Capital & Leadership Development Mahindra & Mahindra “ The Launch of Spring Board is our effort in bringing about changes in mind sets and policies and introducing sustainable initiatives for women, after hearing it from them about their needs. I personally envision a bright future for women at JSW, and in next 2 to 3 years’ time our goal is to significantly enhance our gender diversity ratio as well as become the Employer of Choice for women employees. Gautam Chainani | CHRO JSW Group “ “
  • 20. 20 The Future is HERe Organisation (ILO) has shown that fathers who are offered a paid paternity leave have a greater inclination to help and contribute more at home. Additionally, it has been observed that women who have more help at home from their spouses tend to return to work from maternity leave much before their leave ends. In fact, a study based in Sweden showed that for every month husbands took parental leave, a working mother’s future earnings increased by 7% [23] . The Jobs Act in Italy includes laws to encourage work-life balance. These laws are intended to support flexible work timings and part-time work to meet the needs of parents. They also provide opportunities for parental leave to be taken on an hourly basis. Companies are offered relief on social security contributions if they address the need for work-life balance among their employees [24] . Such policies encourage employees to work from home and decide their timings, without any significant loss in salary. When it comes to professional concerns, several women face the problem of safe commute after working late. This restricts them from being able to put in long hours, which consciously or unconsciously affects their pay. To overcome this, a few large MNCs have taken the initiative of providing secure travel facilities for women who work late, regardless of their position in the organization. Providing a carpool service for women employees would workplace or near it. 43% respondents have said that crèche facilities were beneficial for them. On the contrary, there is a growing concern that this six-month maternity leave impacts the career growth of women and makes them unemployable and incapable to join at the same position as when they left. It is vital to understand that if given the right kind of support, women can get back on track with their career. Second innings program for women To eliminate concerns about the negative impact of extended maternity benefits, second innings programs are increasingly gaining importance. They help women understand new developments and procedural and regulatory changes in their respective fields. Several job portals are targeted solely toward women who are looking to restart their careers helping them with opportunities to grow. What steps are you taking to create an effective second innings program? Setups like the First Moms Club are helping first-time mothers cope with motherhood and the changes it brings to a woman’s life. The club is also helping mothers find suitable jobs after their maternity break. An initiative like MOJO (Mom on Jobs) started by FMC has been successful among the members. Work-life balance In terms of self-defined initiatives, work- life balance related policies such as part- time work and work from home options have seen the most success. 57%respondents said that such policies have proven beneficial for them. Such policies are relevant to both male and female employees and provide for work-from-home options, flexible work timings and in some instances even job sharing. If practiced effectively, these policies can help employees manage their responsibilities at work and home. However, 55% female respondents and 49% male respondents still expressed their struggle to maintain work-life balance due to work pressure. Through open-ended responses, several men questioned the lack of work- life related workshops that are male inclusive, especially in light of evolving social roles wherein increasingly men are including child care in their social responsibilities. Equal participation of mothers and fathers has been especially prevalent among the millennials. Further, the need for extended paternity leave is also being stressed upon. There are countries like Norway and Sweden that offer various benefits for paternity leave, which extends up to even 18 weeks in the latter. Research done by the International Labour India is a democratised rigid society. So for behaviour change to be introduced and implemented, it has be mandated by law. Law then becomes the negative enforcement. Dr. Prince Augustin | EVP - Group Human Capital & Leadership Development Mahindra & Mahindra “ “
  • 21. The Future is HERe 21 is equally important to establish an effective communication channel to capture feedback from the women employees who are part of these programs. In addition to this, identifying high- potential women talent and grooming them early on in their career can encourage women to put in their best efforts and achieve their potential. Commitment from strong male leaders in such cases acts as a morale booster for young women who otherwise feel a sense of exclusion. For high-potential talent, enhanced education and learning opportunities prove to be beneficial. Travel benefits for expectant and new mothers Some organizations have recently introduced additional travel benefits for expectant and new mothers. These benefits include business class travel for expectant mothers during the last two trimesters of pregnancy, to ensure that comfortable travel is possible during this period. A few organizations have also allowed new mothers to travel with their babies and a nanny, to ensure that mothers do not miss “business critical” travel opportunities during the first year after childbirth. These forward-looking policies are meant to ensure that women are not at a disadvantage during the period that they are nursing their infants. A common mistake women make when seeking mentors or sponsors is that they choose superiors who act as networkers or cheerleaders. Instead, they should seek advice from superiors who have the authority to actively assign duties and provide opportunities. Structured mentorship programs with effective governance mechanisms and timely monitoring guidelines can help attain commitment from the mentor. Feedback from both mentor and mentee must be tracked and recorded. Small changes like these can make the program a successful one. Women’s leadership programs Focused Leadership programs for women are increasingly gaining importance, yet only 38% respondents have said that women’s leadership programs such as development centers and training programs have been effective in accelerating their growth. Research shows that women often fall short in building a personal brand and displaying assertiveness and confidence. To fit in a male-dominated corporate scenario, their confidence tends to get affected. Leadership programs can act as a gateway for women to gain a better understanding of themselves and showcase their mettle. EY recommends taking feedback from female employees on areas where they require training support. Employee pool is evolving rapidly and so are their training needs. It is therefore crucial to understand their needs and then introduce programs/ interventions around those areas. It Evolving Initiatives Sponsorship, mentoring as well as development programs are increasingly gaining focus as part of organizations’ D&I agenda. Such programs are key in nurturing and accelerating the growth of women in the organization; however, it has been found that they have had the least positive response. Sponsorship and mentoring programs Surprisingly, sponsorship and mentoring programs showed the least positive response with only 30% respondents saying they were beneficial. In fact, 35% female respondents deemed sponsorship and mentoring programs as the most ineffective D&I initiative. 52% respondents think that male leaders are not doing enough for the growth of women. 19% of these respondents are actually male. This calls for the need to actively involve senior male leaders in the diversity agenda. If mentors are not one hundred percent on board, they will never be able to nurture young female employees to grow. At J&J, we keep a lookout on our potential women leaders and invest in them through focused training and nurturing programs. Building a women leadership pipeline must not be seen as a challenge. Mentoring programs for high potential women should be informal. Advice from senior leaders and colleagues must be readily available. Informal networks with colleagues who have gone through similar phases have been of great help. Payal Agrawal | Director - Business Head CSS, Middle India and International Markets, Johnson & Johnson “ be cost-effective and would help them network with their female colleagues. While these initiatives have been successful, there are a few that still have scope for improvement. Despite being major areas of focus, the implementation of these initiatives has not been able to create the desired effect of building a nurturing environment for all employees to grow.
  • 22. 22 The Future is HERe With an intention to provide a clear strategy for accelerating the women in the workforce, EY introduced the Women. Fast Forward program. EY surveyed 400 leaders of companies from a cross-section of industries in EMEIA, Asia Pacific and North America. This three-point strategy is: 1. First, establish a clear path for women to ascend to leadership, including leadership pipeline programs, a supportive environment, setting measurable goals for leadership representation, appointing male sponsors for female employees and establishing internal women’s networks. 2. Second, emphasize work-life integration by adopting both formal and informal flexible work arrangements that benefit both men and women. 3. Third, build a supportive culture by having an active CEO who visibly supports the advancement of women, developing a company-wide message that bias is unacceptable, enlightening all employees and educating management about conscious and unconscious bias, and ensuring that formal and informal sponsorship of women and underrepresented groups is part of all senior leaders’ goals and priorities. Role of D&I councils in the success of initiatives Effective governance mechanisms are important to ensure successful implementation of initiatives. Apart from appointing diversity leaders and monitoring initiatives, establishing a formal D&I council can ensure an effective check on D&I initiatives. Only 24% of the respondents said that their organizations have set up formal D&I councils. Organizations need to make sure that employees are aware of such a council. If they are not, valuable feedback and active participation are lost. D&I councils can play a major role in ensuring effective implementation, especially when they have strong leadership backing and appropriate female participation. While keeping this in mind, it is also critical to see that all employee groups are given sufficient representation among the members of the council. A diverse mix of skills within the members through a thorough selection process can make the functioning of the council effective. Additionally, it helps if the functions and responsibilities of the council members are well defined. These key factors help maintain a flow of diverse ideas and perspectives. When putting forth responsibilities, it helps when leaders are held accountable for the success of D&I initiatives. Making gender diversity a part of performance appraisals for senior management helps garner participation from male leaders. Increasing effectiveness of D&I councils Forward looking Often, members tend to focus on their own personal diversity agendas and individual concerns. Their focus must remain on upcoming trends and long- term changes that could support their organization in building a brand for itself as D&I leader. Communication A failure to communicate could lead to the demise of any D&I initiative. It is important for D&I councils to maintain interaction between members and employees across the organization. However, at no point is it a good idea for them to sway from their primary agenda and begin to act as a “complaint body.” The goal of a D&I council should not be to make policies but rather to link diversity with existing organizational initiatives and ensure implementation across the organization. A great way to avoid such errors is to rotate the members of the council annually or biennially. This makes room for fresh perspectives and innovative ideas that can contribute significantly to the council’s efforts. However, too much rotation can also hinder the continuity of effort. We don’t have too many female role models. Which brings me to ask, are we creating enough women role models across all sectors? Kalpana Unadkat | Partner Khaitan & Co. “
  • 23. The Future is HERe 23 Organizations must establish internal guidelines to ensure proportionate gender representation on every project team, task force, committee or panel - most particularly on those related to recruitment, increments, promotions, customer support and marketing. Pallavi Jha | Chairperson, CII IWN Western Region Managing Director, Dale Carnegie India “ Initiatives taken at EY Spreading awareness of unconscious bias To address issues around unconscious bias, EY conducts theatre-based sessions and awareness drives for employees to draw attention toward unconscious bias. These initiatives help employees dispel some of the myths and stereotypes that are held about women in general, as well as share some of the solutions to help reduce the gender gap – both internally and externally. These sessions include artists enacting situations EY employees face at the workplace. Focused hiring As part of an initiative RecruitHER, EY has taken special measures to eliminate bias at the workplace against hiring women for specific job roles. Through communication collaterals, we help recruiters and interviewers identify and debunk myths around hiring women, thus making EY a gender- neutral workplace. EY Women Informal Network (EYWIN) The network was formed specifically to reach out to our women employees. The network has partnered with leading organizations to impart online training modules on specific skills such as persuasion and building a personal digital brand. The network communicates regularly with the employees to share and discuss any policy changes introduced in the firm. The network is led by senior management. Flexible working options The firm provides flexible working options to all its employees, helping them balance home and work priorities. Extended maternity benefits In line with the Maternity Benefit (Amendment) Act, 2017, EY gives its women employees the benefit to take maternity leave of 26 weeks. Crèche facilities have also been provided at EY offices. Workshops for women on boards This day-long workshop is hosted by EY India for enabling existing and potential women directors to be more effective in their board roles, and provides comprehensive insights on varied aspects of a director’s role and effectively discharging their duties on the board. The workshop features practical experiences of senior board members and technical sessions from EY on topics such as corporate governance and financial reporting. EY Women Business Leaders Network (WBLN) EY WBLN is a platform for senior/CXO women from India Inc. to come together and benefit from shared insights into their path to leadership. It is an integral part of our Women. Fast Forward initiative launched globally, with a view to seeing more women in leadership positions in business and economy. For our clients, under the EY Women. Fast Forward, EY conducts:
  • 24. 24 The Future is HERe Implementable solutions In response to our survey: 04 Organizations struggle to create a gender-diverse working environment. respondents said their organizations are unable to attract and retain female talent. 42% respondents said that their organizations conduct gender audits. 21% said they do not conduct gender audits at all, and 41% said that they are not aware of any gender audits conducted. 37% senior management responses said they were not aware of their gender diversity targets. 28% Keeping the above challenges in mind, EY recommends adopting and implementing the following key initiatives:
  • 25. The Future is HERe 25 Women business leaders can do more to mentor their women subordinates. We see too many episodic mentoring activities which are done for a feel good. Mentoring needs to be sustained and sincere. Similarly aspiring women need to be more assertive and help themselves rather than waiting for things to happen for them. Pallavi Jha | Chairperson, CII IWN Western Region Managing Director, Dale Carnegie India “ Gender parity audits Without making an assessment of their current gender numbers, an organization will be unable to create a significant impact on gender diversity and in return reap the benefits of having a diverse workforce. To better understand its population, an organization can make use of gender parity audits. Gender parity audits are an assessment tool that provide the extent to which gender equality has been effectively incorporated into organizational policies and programs, structure, decision- making processes as well as consequent budgets. A good starting point is a compensation and benefits audit focusing on gender parity. Only after recognizing the present state can organizations set a reasonable gender diversity target and work toward it. This diversity target should be set while keeping in mind organization benefits as well as the overall growth of the company and its employees. Gender diversity should never come at the cost of an organization’s performance; it should rather support the growth of the organization by harnessing the benefits of diverse thoughts and ideas.
  • 26. 26 The Future is HERe Maintaining effective communication Communication is an effective tool to bind employees together and make them feel inclusive. Male and female employees have different communication styles, and realizing this is critical to creating an engaging environment. Industries benefit when male and female leaders share the stage. Male leaders play an important role in improving communication channels. Regular interaction with female employees encouraging them to share and discuss their thoughts will benefit the organization as a whole. Addressing unconscious bias Unconscious bias can affect talent staffing and performance review. It affects how organizations hire, promote and develop its people. Research has identified as many as 150 factors for unconscious bias. Organizations could use the crowdsourcing model or an external partner to identify the organizational gender biases, how they manifest and how to get rid of them. Getting rid of unconscious bias calls for a change deep-within. We need powerful and influential sponsors at the leadership level who will be committed to this cause and transmit their stance to the entire firm. In India, this is one of the major causes of gender inequality and if tackled well, will offer organizations rich dividends. EY is creating a digital learning solution to support its clients. Effective D&I councils Successful and effective D&I councils help create a fair and trusting environment to ensure best talent is attracted and retained. Participation and presence of senior management at the council send a clear message to the company and external stakeholders that D&I is a critical goal of the organization. D&I thus becomes a priority.
  • 27. The Future is HERe 27 Mentorship programs Structured formal mentorship programs are critical given that male leaders tend to channel their mentoring advice to male protégés. It is essential that mentors and mentees are provided with tools or training to help make these programs effective. Without these and governance mechanisms, the programs become mere check-the- box programs. Women leadership programs In EY’s experience, women leadership programs have helped client organizations build pipelines of high-performing women ready to take on senior roles. Based on organization-specific leadership competencies, it helps chart individual learning and growth plans for the participants. Women networking forums Women networking forums have proven to be an effective medium to attract, develop, retain and advance women employees. Such a forum can help encourage four key aspects: Dialogue It improves dialogue about the challenges women are facing at the workplace. Networking It acts as a platform to make new internal and external connections. Mentoring It helps women employees seek informal career advice from senior leaders. Advancement It prepares women for growth and leadership opportunities.
  • 28. 28 The Future is HERe Future of diversity Let us picture a world that does not associate itself with the concept of gender diversity, a world where we have progressed so much that we no longer need to be careful about exclusion because in its essence it is all inclusive. A world where we do not see gender before making decisions within our organizations and socio-economic environments; gender blindness, if you will. From this point on, we do not mention any gender; instead, we look to each other as individuals with unique abilities. 05 In modern times, issues of co-existence between men and women have been intensified.
  • 29. The Future is HERe 29 In order for a better future, we need to focus on the now. Propagating this concept is essential for change. Start with a simple conversation about the subject and encourage someone to believe in this idea of a better future. Imagine the idea of YOU being a part of this change, the gratification that you could feel after making someone finally understand the reality of the situation and encouraging them to be a part of this movement and advocate the same message. A world where everyone works together with no ulterior motive but equality. The ultimate utopia can be a reality only if we collectively work toward it. Diversity will move beyond just genders. It will be more inclusive with greater inclusion of specially abled, LGBTs. Gender Diversity will give way to Thought Diversity. Dr. Prince Augustin EVP - Group Human Capital & Leadership Development Mahindra & Mahindra “ “ The fact is that women feel guilty for missing out on familial responsibilities. It’s perfectly alright to share these responsibilities with their spouses. Take a practical view, we can’t do everything. Kalpana Unadkat Partner Khaitan & Co. “ There will be higher engagement with families. We will see more and more men helping their spouses with familial responsibilities. There will be greater realization that careers and jobs of women are equally critical. Korea and China saw greater number of women in the workforce essentially because the families could no longer sustain with one family member earning salaries. Payal Agrawal Director - Business Head CSS, Middle India and International Markets, Johnson & Johnson “ “ “
  • 30. Top 4 focus areas for gender diversity Does your organization have a Diversity purpose & vision? Gender Diversity targets Does your organization conduct gender audits? Changes in HR policies Recruitment & Selection Behavioural/ Mind-Set Change Learning & Development 80% Yes 20% No 35% 42% 36% 22% 30% of the respondents were unaware of any gender diversity target of the organizations do not have any gender diversity target. I am not aware No Yes The Future is HERe30
  • 31. Is Gender Diversity a part of your Performance Management System? Effectiveness of Gender Diversity initiatives (according to women) Challenges Gender Diversity faces in your organization Are men in top leadership doing enough for the growth of women employees in the organization? 63% 37% Yes, for senior leaders and function leaders No I am not aware 39% 30% 29% *2% skipped this question Not working well Working well Employee Engagement activities to motivate employees and boost morale Flexible working hours and work from home options Sponsorship and Mentoring Programs33% 30% 21% Creche facilities16% Specific development interventions for women employees 13% Maternity Benefits 23% women respondents said No men respondents said No and 39% said Yes The Future is HERe 31 Addressing existing biases among managers & employees Lack of skilled women candidates in the external talent pool Lack of skilled women candidates in the external talent pool Difficulty in attracting and retaining women candidates Difficulty in attracting and retaining women candidates The business case for diversity is not considered a priority across management levels 45% 35% 42% 35% 40% 31% Women said Men said
  • 32. Sector Responses from 17 states across India 48% men 52% women responses from the Service sector 35% Financial Services Sector Consulting Legal, Hospitality/Travel and Market Research Education and Media Sector BPO/KPO/.COM 23% manufacturing 13% includes sectors like pharma and healthcare, retail, real estate and construction 16% IT sector 15% miscellaneous sectors Survey demographics 32 The Future is HERe 29% 27% 19% 17% 08%
  • 33. Role Annual Turnover HR representatives Board Members Senior Management Middle Management Executive 6% 28% 31% 10% 26% 33% Up to 1000 cr 25% 1000 cr – 10000 cr 42% More than 10000 cr The Future is HERe 33
  • 34. 34 The Future is HERe Concluding thoughts Several studies by reputed institutions have proven that D&I are critical for an organization to be more successful and profitable. Forward-thinking organizations have recognized this in India and designed policies and undertaken several initiatives to enable a more gender-balanced organization. However, several other organizations are still at different stages of that journey. Defining a clear business case for D&I with budgets to effectively design and deploy policies, putting in place a D&I council and having a seat on the board for the D&I leader to weave diversity and inclusion in the strategic initiatives of the organization will assist in harnessing the benefits. D&I policy implementation is crucial and needs to be monitored by senior management to assess its efficacy. Organizations need to constantly work toward reducing unconscious bias in decision making. The tone at the top is also critical to driving the shift in mindset and commitment to D&I policies by the senior management of organizations. The Government of India has proactively undertaken several D&I-enabling steps from a regulatory perspective — including the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act 2013, Equal Remuneration Act 1976, requirement of a women director to be on the board of specified companies, extended maternity benefits and reduction in EPF contribution by women — which is commendable. As India emerges as one of the global economic superpowers, women will play a valuable role in contributing to India’s GDP growth. It is incumbent upon corporates to create an enabling environment and a level playing field for the female talent such as having clear D&I policies, removing disparity in pay scales and providing paternity leave, flexibility, effective sponsorship and mentoring, etc., which will encourage women to break the glass ceiling and attain senior positions, which will in turn benefit corporates through innovative outcomes and higher profitability. Partner and India Region Diversity and Inclusion Leader, Ernst & Young LLP, India KasadAashish
  • 35. CII Team Contributors Jane Karkada Regional Director, CII Western Region Jane.karkada@cii.in Sneha Sohaani Head - Indian Women Network (IWN) - Western Region sneha.sohaani@cii.in +91 98190 47200 The Future is HERe 35 Debleena Basu Dhar Executive Officer Confederation of Indian Industry debleena.basudhar@cii.in EY Team Sakshi Khera Consultant, People Advisory Services Sakshi.khera@in.ey.com +91 98673 13332 Shruti Atri Analyst, People Advisory Services Shruti.atri@in.ey.com +91 98202 52581 Special thanks to Saachi Shivdasani for her contribution to the report. Ryan Lowe Partner, People Advisory Services Ryan.lowe@in.ey.com +91 98922 12344 Ajay Venkatesh Manager, People Advisory Services Ajay.Venkatesh@in.ey.com +91 9890 808848 Jasmeet Kaur Jaggi Ashish Kuttickal Ridhi Sharma Tarini Singh Ruchika Vermani Acknowledgement
  • 36. 36 The Future is HERe ABOUT CII INDIAN WOMEN NETWORK (IWN) Confederation of Indian Industry (CII) felt that career women require a structured network to discuss the experiences and challenges to become better professionals at work; as well as the importance of creating gender parity in business & society. CII in 2013 launched the Indian Women Network (IWN) – an exclusive platform for career women. IWN stakeholders include: • Women in Industry • Women Entrepreneurs & Women in Family Businesses • Women Independent Professionals • Women Students & Faculty in Higher Education Institutions IWN is currently present in 14 States, 1 Union Territory & 5 Zones nationally. Today’s business demands require not only core competence but also continuous and comprehensive learning, adapting to worldwide best practices, cater to domestic markets with global standards. IWN works towards enabling women become better professionals and achievers in their respective fields through various need based services for its members. IWN’s activities and initiatives are executed through its 3 task forces namely Learning & Development, Policy & Advocacy and Health & Wellbeing. On the whole, IWN is a platform that provides learning, knowledge enhancement and networking opportunities. It is an environment of likeminded career women to share experiences, provide solutions & overcome challenges. CII Indian Women Network (IWN), National Confederation of Indian Industry Prof. C K Prahalad Centre, 98/1, Velachery Main Road, Guindy, Chennai - 600032 Tel: +91 44 42444555, Fax: +91 44 42444510 Email: chairwoman.iwnnational@cii.in www.indianwomennetwork.in
  • 37. The Future is HERe 37 Bibliography [1] http://www.catalyst.org/knowledge/women-labour-force-india [2] http://reports.weforum.org/global-gender-gap-report-2016/results-and-analysis/ [3] [14] http://www.independent.co.uk/news/business/news/iceland-equal-pay-international-womens-day- 2017-world-first-country-a7618986.html [4] https://www.eurofound.europa.eu/observatories/eurwork/comparative-information/gender-equality- plans-at-the-workplace [5] https://www.forbes.com/sites/dinamedland/2016/03/07/todays-gender-reality-in-statistics-or-making- leadership-attractive-to-women/#4ca2ded26883 [6] http://www.catalyst.org/knowledge/women-workforce-china [7] http://www.catalyst.org/knowledge/women-management [8] http://www.bbc.com/news/education-36266753 [9] https://timesofindia.indiatimes.com/india/Will-open-combat-roles-for-women-President-Pranab- Mukherjee/articleshow/51114512.cms [10] http://gender.stanford.edu/news/2014/why-does-john-get-stem-job-rather-jennifer [11] https://www.forbes.com/sites/kimelsesser/2016/10/27/7-important-facts-about-the-global-gender- gap/#2dfa54404c22 [12] http://time.com/money/4545966/women-work-more-than-men/ [13] https://economictimes.indiatimes.com/jobs/women-in-india-earn-25-per-cent-less-than-men-survey/ articleshow/57491534.cms [15] [16] [20] https://www.huffingtonpost.com/entry/the-business-case-for-gender-diversity-update-2017_ us_590658cbe4b05279d4edbd4b
  • 38. 38 The Future is HERe Bibliography [17] http://www.livemint.com/Politics/FhSn2BzO7e2DBwNRoUrEpN/Women-could-boost-GDP-by-700-bn- report.html [18] http://www.catalyst.org/media/companies-more-women-board-directors-experience-higher-financial- performance-according-latest [19] http://www.ey.com/us/en/newsroom/news-releases/news-ey-new-research-from-the-peterson- institute-for-international-economics-and-ey-reveals-significant-correlation-between-women-in- corporate-leadership-and-profitability [20] https://www.huffingtonpost.com/entry/the-business-case-for-gender-diversity-update-2017_ us_590658cbe4b05279d4edbd4b [21] http://www.hsbc.com/our-approach/diversity-and-inclusion [22] http://edge-cert.org/loreal-india-made-next-step-gender-equality-workplace-received-edge-move- certification/ [23] https://www.theguardian.com/commentisfree/2015/apr/10/want-better-dads-happier-mums-and- healthier-kids-make-men-take-paternity-leave [24] https://content.next.westlaw.com/2-503-3122?transitionType=Default&contextData=(sc.Default)&__lr TS=20170927190808910&firstPage=true&bhcp=1
  • 39. The Future is HERe 39 Copyright © (YEAR) Confederation of Indian Industry (CII). All rights reserved. No part of this publication may be reproduced, stored in, or introduced into a retrieval system, or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise), in part or full in any manner whatsoever, or translated into any language, without the prior written permission of the copyright owner. CII has made every effort to ensure the accuracy of the information and material presented in this document. Nonetheless, all information, estimates and opinions contained in this publication are subject to change without notice, and do not constitute professional advice in any manner. Neither CII nor any of its office bearers or analysts or employees accept or assume any responsibility or liability in respect of the information provided herein. However, any discrepancy, error, etc. found in this publication may please be brought to the notice of CII for appropriate correction. Published by Confederation of Indian Industry (CII), 105, Kakad Chambers, 1st Floor, 132 Dr Annie Besant Road, Worli, Mumbai 400018 (India). Tel: 022 24931790 / Fax: 24939463 Email: ciiwr@cii.in Web: www.cii.in
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