Posts tagged ‘International Women’s Day’

09/03/2013

* Work-Life Balance a Challenge for Indian Women

WSJ: “Yes, the number of women opting for MBAs in India is increasing. And yes, India Inc. is consistently working to hire more women, who are young, ambitious and increasingly qualified.

But can these women strike a good work-life balance?

Even though India Inc. has been encouraging a greater number of women in the workplace, that number is still low. A new study by Grant Thornton, a global accounting and advisory firm, shows that on average, women make up only 15% of the workforce in Indian companies. Globally, this figure stood at 35%. Today, only 1.8% of CEOs in India are women.

How to enhance the role of women in India Inc. was a question addressed by many of the businesswomen who gathered in New Delhi’s Habitat Center on Women’s Day, Friday.

Sunita Cherian, vice president of human resources at Wipro, speaking on the sidelines of the event, said that her company tries to meet the changing priorities of their women employees depending on their stages of life.

For instance, the company is more flexible on working hours for women after they get married, says Ms. Cherian. Wipro Ltd. is also determined to persuade women to stay in their job, even if they may be tempted to quit and rely on their partners’ incomes instead.

“This is the stage where a woman might feel that a dual-income is not a necessity,” she says.

Ms. Cherian, who has spent 17 years working at Wipro Ltd., believes that her “ambition was fuelled” by the fact that she stepped into the right organization and the right family after marriage.

Srimati Shivashankar, who is in charge of promoting greater gender diversity at HCL Technologies, says she had to work harder than others as she was climbing the corporate ladder. Cracking stereotypes like “think director, think male” was not easy, says Ms. Shivashankar.

Striking a good work-life balance is much more important for women than for men. A new global research by Accenture, a consulting firm, found that around 70% of female respondents in India said that work-life balance was key to their definition of “success” in their career, while only 40% of men felt that.

The study also found that the difficulty of balancing life and work is a key reason why women in India leave their jobs. While 24% of Indian men surveyed said they quit their jobs because of long or inflexible working hours, for women that figure was 48%.

via Work-Life Balance a Challenge for Indian Women – India Real Time – WSJ.

09/03/2013

* Women Gain Ground in China. Or Do They?

WSJ: “On this year’s Women’s Day, a host of Chinese media outlets are trumpeting a new study that finds China’s businesses rank the highest in the world for employing women in senior management roles.

The proportion of women in senior management in China has climbed to 51% this year, up from 25% in 2012 and outpacing the global average of 21%, according to the study, produced by the Beijing arm of accounting firm Grant Thornton. In a survey of 200 businesses in China, 94% of them employed women in senior roles, the study said.

Agence France-Presse/Getty Images

Woman do manual labour in a garden outside an office block on International Women’s Day in Shanghai on March 8, 2013.

The survey’s findings would seem to represent great news for women in a country with a long history of entrenched patriarchy – except they conflict significantly with other studies that show Chinese women have actually been losing ground in the labor force, politics and society.

One recent study by National University of Singapore’s Lee Kuan Yew School of Public Policy and the New York-based Asia Society, for every five Chinese men who rises to a senior position in the workplace only one woman achieves the same level of advancement. The ratio is even more lopsided inside the Communist Party: In the party’s Central Committee, where major policy decisions are discussed, only 10 of the 205 members are women, and no woman has ever held a spot on the Politburo Standing Committee, the party’s top decision-making body.

Things are slightly better in the country’s rubber-stamp parliament, the National People’s Congress, where 23% of the 2,987 delegates are female.

In the World Economic Forum’s gender equality index, an annual ranking of countries by their ability to develop, retain and attract female talent, China’s ranking declined to 69th last year, down from 57th in 2008.”

via Women Gain Ground in China. Or Do They? – China Real Time Report – WSJ.

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