Lack of Career Progression Opportunities for Women in India Make Them Quit Jobs: PwC Finds

March 16, 20178:18 am1520 views

Owing to lack of career progression opportunities with their former employers, 35 percent women respondents participating in the recent PwC survey have quit jobs. This is one of the primary reason, both male and female respondents cite on why they quit jobs, besides of course salary and flexible work arrangements.

Career progression opportunity, better wages and flexible work arrangement are the top three employer traits, female millennials seek in their future employer.

“When you look at what drives job satisfaction, people clearly seek opportunities for career progression. Putting in place formal career progression plans is one way of making sure employees remain motivated and committed to the organisation,” said Bob Moritz, Global Chairman of PwC.

For the report titled, “Winning the fight for female talent: How to gain diversity edge through inclusive recruitment”, PwC surveyed 4,792 professionals (3,934 women, 845 men) with recent experience of the jobs market from 70 countries to find out about their career aspirations and employer diversity experiences and expectations.

See: World Bank provides US$ 125 million Support for Vocational Training Programs across India

The survey looks at what employers can do to attract and retain female talent. Organisations are using innovative programmes to attract key female talent, the release stated.

For example, returnship programmes are proving to be a successful bridge for talented professionals to return to work after an extended career break. Over a quarter (28 percent) employers have already adopted a formal returner programme, and a further 25 percent are currently exploring this opportunity, suggesting employers are recognising the potential of these programmes, Economic Times reports.

Satyavati Berera, Chief Operating Officer, PwC India said, “At PwC, we offer unique programmes to take care of the special needs of women employees in different phases of their lives and their advancement as leaders.”

“We are aware that this is an important aspect from a talent brand standpoint, especially for young recruits. Therefore, to position ourselves as an employer of choice, we showcase the success stories of our women employees and aim to hire, inspire and develop women leaders of the future,” she adds.

Also read: Financial Services Sector in India to See the Highest Average Salary Increase of 6% in 2017

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