The much touted facts from the recent Mercer survey, “When women thrive, businesses thrive” throws up some stark numbers:
Only 60-65% of eligible female workforce is active in industry
Less than 25% of these break the glass ceiling
The single largest exit point from the workplace for professional women is when they make the choice between the child and career track, while their spouse might be making a decision about leadership or technological tracks.
Not insignificant are the physical and emotional health issues plaguing the workplace, that often influences the women in the workplace more. Stress related to harassment, being marginalized, when trying to re-integrate post childbirth, and balancing familial and professional expectations are unique to this sub-strata of the workforce.
Recent positive changes include the increase in government mandated maternity leave period in India. A few MNCs follow global practices of not asking discriminatory questions during hiring, such as, asking questions to determine their plans to get married or have children; asking about their age, etc.; and this is another move in the right direction. Moves like these go a long way in tilting the balance towards women in the workforce.
A recent study by McKinsey reveals that if India Inc. leveraged its female workforce potential, by the year 2025, our GDP would show an additional increase of 16%! And we lead the charge on what is a $12 trillion opportunity, worldwide.
The benefits of being a working woman on the move – as women who wear many mantles, such as, Vice President, Boston marathoner and mother will tell you – is that there is just more energy to go around, there are fewer illness related outages, and consistent workouts also automatically improve your emotional wellness quotient. How can organisations partner with the women and help them make this happen? There’s a powerful question!
Our power panel is scheduled to discuss the endless possibilities of incorporating wellness into the agenda of women’s inclusion in the workplace, and the specific benefits of the same.
Cited: Mercer study.