Technology

Report shows Indian women are becoming more confident in asking for pay raises but are still receiving less than their male counterparts

Indian women are leading the charge for pay equity, but still receive less than expected, a global report by Indeed revealed. Despite progress, over 50 per cent of women who requested a raise received less than hoped for, including 56 per cent of women in India, indicating ongoing challenges in achieving fair compensation.

The report, based on a survey of 14,677 women across 11 countries, highlighted that 53 per cent of Indian women were confident in asking for a raise, with 65 per cent actually seeking one – the highest among all countries surveyed. Additionally, 90 per cent of Indian women identified pay as a crucial aspect of their job, the highest percentage globally.

Nishita Lalvani, Marketing Director of Indeed India & SG, emphasized the need to create an environment where all women feel empowered to negotiate and succeed, stating that Indian women’s confidence in asserting their worth is commendable and should be encouraged globally. She also acknowledged the challenges hindering women from accessing equitable opportunities.

Globally, women perceive a significant gender pay gap at the national level, but Indian women express higher satisfaction within their organizational and sectoral spheres due to societal, cultural, and economic factors. The report suggested that regular compensation reviews, workplace flexibility, and gender pay audits are key strategies to address the gender pay gap, particularly in India.

IANS

IANS, established in 1986, is India's largest independent news service, offering 24x7 news from India and South Asia, and a preferred source for diverse content across six business verticals.

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