Career breaks tricky for women, salary gap persists, says survey
Even as India Inc is wooing women in mid-management roles to re-enter the workforce with returnship opportunities, employers face some challenges in onboarding returnees. Talent advisory firm LONGHOUSE Consulting’s report showed that approximately 80% of working women in India take career breaks, with 45% citing childcare and personal commitments as primary reasons.
The report showed that 39% of Indian companies employing women in CXO positions outweighed the global average of 32%. The report showed that 98% of businesses in India have at least one woman in senior management roles, surpassing the global average of 90%. LONGHOUSE Consulting’s data highlights that 40% of CFO positions and 50% of HR director positions in India are now held by women. Women’s representation in executive boards increased by 2% in 2023 compared to the year ago period.
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