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By Mrunal PanditBy Mrunal Pandit
Manager, Underwriting
Cholamandalam MS General Insurance Company
Chennai, March 3, 2012
Overview
Introduction
Women in India’s workforce
Challenges Galore
What (working) Women WantWhat (working) Women Want
Future Challenges & Opportunities
Conclusion
Introduction
The story of two Women
Takeaway:Takeaway:
The breadth of sectors in which women can contribute
to the economy has increased, but the depth of roles
for women has not.
Challenges Galore
The “Leaking Pipeline”
Stage of Woman’s Career Percentage of Women in
the Organized workforce
Women as a % of graduates Approx. 37%Women as a % of graduates Approx. 37%
Women in Entry & Junior Level 25%
Middle Management Roles 15%
Senior Management Roles 10%
Source: Corporate Gender Gap Report, World Economic Forum (2010),
Gender Diversity Asia (2011), Economics Journal (2011)
Challenges Galore (Contd.)
Family & Societal Pressure
Many roles are “No Go” for women
Marriage
MotherhoodMotherhood
Work Life Balance
Lack of Professional Network & Mentoring
Wage Disparity
MNREGA is a positive step!
What (Working) Women Want
Enabling a Better Work/ Life Balance
(Survey of IT Companies by Catalyst, 2011)
Flexible Work Hours
Sexual Harassment Policy
But Above All:
Active Role of Senior Management
Recognition by male peers that women can not only be
peers, but also bosses!
Flexible Leave Policy
The Pillars for a woman’s success
Organizational Support
Targeted hiring of women e.g. Schneider Electric
9% women in workforce in 2009, 20% in 2011.
Employee strength doubled to 15,000Employee strength doubled to 15,000
Roughly 2,000 new women employees in 2 years!
(Source: Economic Times, 2012)
Governmental Support
Family & Spousal Support
Success Stories
The Entrepreneur
The Back to School Professional
The Change Agent
Social SectorSocial Sector
Future Challenges
110 million new employees in India’s workforce by 2020
(Goldman Sachs, 2011)
Increased competition in an already competitive market
New opportunities in Education & Social SectorsNew opportunities in Education & Social Sectors
Conclusion
Role of the working woman has evolved, but long
way to go.
Contribute not just for today’s family income, but
also for post-retirement life.also for post-retirement life.
Employers, Government and Family three pillars to
enable a woman’s professional development
Thank You!
Beauty lies in the eyes of the
beholder, but a woman’s success
lies in the hands of herlies in the hands of her
stakeholders!

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Has A Woman's Place in the Corporate Workplace Really Evolved?

  • 1. By Mrunal PanditBy Mrunal Pandit Manager, Underwriting Cholamandalam MS General Insurance Company Chennai, March 3, 2012
  • 2. Overview Introduction Women in India’s workforce Challenges Galore What (working) Women WantWhat (working) Women Want Future Challenges & Opportunities Conclusion
  • 3. Introduction The story of two Women Takeaway:Takeaway: The breadth of sectors in which women can contribute to the economy has increased, but the depth of roles for women has not.
  • 4. Challenges Galore The “Leaking Pipeline” Stage of Woman’s Career Percentage of Women in the Organized workforce Women as a % of graduates Approx. 37%Women as a % of graduates Approx. 37% Women in Entry & Junior Level 25% Middle Management Roles 15% Senior Management Roles 10% Source: Corporate Gender Gap Report, World Economic Forum (2010), Gender Diversity Asia (2011), Economics Journal (2011)
  • 5. Challenges Galore (Contd.) Family & Societal Pressure Many roles are “No Go” for women Marriage MotherhoodMotherhood Work Life Balance Lack of Professional Network & Mentoring Wage Disparity MNREGA is a positive step!
  • 6. What (Working) Women Want Enabling a Better Work/ Life Balance (Survey of IT Companies by Catalyst, 2011) Flexible Work Hours Sexual Harassment Policy But Above All: Active Role of Senior Management Recognition by male peers that women can not only be peers, but also bosses! Flexible Leave Policy
  • 7. The Pillars for a woman’s success Organizational Support Targeted hiring of women e.g. Schneider Electric 9% women in workforce in 2009, 20% in 2011. Employee strength doubled to 15,000Employee strength doubled to 15,000 Roughly 2,000 new women employees in 2 years! (Source: Economic Times, 2012) Governmental Support Family & Spousal Support
  • 8. Success Stories The Entrepreneur The Back to School Professional The Change Agent Social SectorSocial Sector
  • 9. Future Challenges 110 million new employees in India’s workforce by 2020 (Goldman Sachs, 2011) Increased competition in an already competitive market New opportunities in Education & Social SectorsNew opportunities in Education & Social Sectors
  • 10. Conclusion Role of the working woman has evolved, but long way to go. Contribute not just for today’s family income, but also for post-retirement life.also for post-retirement life. Employers, Government and Family three pillars to enable a woman’s professional development
  • 11. Thank You! Beauty lies in the eyes of the beholder, but a woman’s success lies in the hands of herlies in the hands of her stakeholders!