Femina & The Economic Times presents

Fem-Tech: : Resetting the Tech-Code for an Inclusive Workplace

Remaining silent on the on issue of becoming an equitable nation is no longer an option. The pendulum has swung towards treating everyone with respect and dignity. From a technology perspective, the challenge of increasing diversity in is now firmly on the agenda across the globe, but it is far from a problem solved. Technology is a driving force in the world and despite making up more than half of the workforce, women are still under-represented across the industry, especially at higher echelons.

A Deloitte study indicates that a gender-diverse teams have the power to boost business performance by 31%.

A report titled Women in the Workplace 2022 by McKinsey & Co., found that women leaders do more to support employee well-being and foster DEI in comparison with men at their level. It also revealed that young women care deeply about the opportunity to advance—with more than two-thirds of women under 30 wanting to be senior leaders. And all this when women are already significantly underrepresented in leadership.

When women rise, we all win. The hope is that opportunities will continue to grow for everyone—including women who often don’t have as broad a network as men in a male-dominated industry.

Deloitte's Women at Work 2022 Report

“More than half of women are more stressed than a year ago. Burnout and lack of opportunities to advance are two key factors driving women away from their employers.”

Harassment and microaggressions against women have increased year over year. 59% of women experienced at least one non-inclusive behaviour in the past year, compared with 52% in the 2021 research.”

India Specific:

According to a report by Statista Research Department, the participation at work for women in India dipped from around 36 percent in 2021 to a little over 33 percent in 2022.

As per Skillsoft’s Global Knowledge 2021 IT Skills and Salary Report the average salary for a female tech professional is $91,373, which is an 8% increase year over year.

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Fem-Tech: Resetting the Tech-Code for an Inclusive Workplace