Towards International Women’s Day 2021, LinkedIn, a professional network, has launched the Opportunity Index 2021 report, a composite measure that seeks to understand how people perceive opportunities and the barriers that stand in the way of achieving them.
This year’s report seeks to understand how women perceive opportunities, and how the gender gap is further slowing down career progress for working women in India amid the pandemic. LinkedIn’s findings show that 9 in 10 (89%) women state they were negatively impacted by the COVID-19 pandemic.
The report shows that even though 66% of people in India feel that gender equality has improved compared to their parents’ age, India’s working women still contend the strongest gender bias across Asia Pacific countries. When asked about their reasons for being unhappy with opportunities to advance in their careers, 1 in 5 (22%) working women in India said their companies exhibit a ‘favourable bias’ towards men at work, when compared to the regional average of 16%.
The LinkedIn Opportunity Index 2021 highlights the difference in perception of available opportunities in the market for men and women in India. While 37% of India’s working women say they get fewer opportunities than men, only 25% of men agree with this. This disparity in perception is also seen in conversations about equal pay, as more women (37%) say they get less pay than men, while only 21% men share this sentiment.
The report also shows that more women in India have experienced the impact of gender on career development when compared to the APAC region. In India, more than 4 in 5 working women (85%) claim to have missed out on a raise, promotion, or work offer because of their gender, compared to the regional average of 60%.
The report stated that lack of time and family care stop 7 in 10 Indian women from progressing their careers
“In India, the top three job opportunities sought by both men and women are job security, a job that they love, and good work-life balance. But despite having similar goals, more women (63%) think a person’s gender is important to get ahead in life, when compared to men (54%),” the LinkedIn research stated.
Consumer sentiment from the report shows that more than 7 in 10 working women (71%) and working mothers (77%) feel that managing familial responsibilities often comes in their way of career development. In fact, about two-thirds of working women (63%) and working mothers (69%) said they have faced discrimination at work because of familial and household responsibilities.
As per LinkedIn’s findings, job security is critical for working women across India, women are also laying more emphasis on the type of employer they choose to work with, the recognition they will receive for the work they do, and on the skills that will be utilised on the job. They are actively seeking employers who treat them as equal (50%), while 56% are looking to get recognition at work for what they do.
The report said, “Women have been disproportionately impacted amid Covid-19, and the expectations to juggle home and work life have wreaked havoc in their lives. As a result of the barriers faced by women at work, more than 1 in 2 women and working mothers in India expect organizations to offer reduced or part-time schedules (56%) and robust maternity leaves and policies (55%) to make the transition smoother.”
“Gender inequality at work and added domestic responsibilities amid the pandemic have collectively made women’s jobs more vulnerable at this time. As COVID-19 continues to widen these gaps, this year’s LinkedIn Opportunity Index report suggests that it is the need of the hour for organisations to reimagine their diversity practices and offer greater flexibility to caregivers, in order to increase female participation in the workforce. Reduced and flexible schedules, more sabbaticals, and new opportunities to upskill and learn are critical offerings that can help organizations attract, hire, and retain more female talent,” says Ruchee Anand, Director, Talent and Learning Solutions, India at LinkedIn.
Besides highlighting the pandemic’s disproportionate impact on women, this year’s research also uncovers how an ailing economy and working in isolation continues to negatively impact the lives of the entire Indian workforce. It also added that 9 in 10 Indians faced pay cuts, job losses, and reduced work hours due to COVID-19
The report mentioned, “Over 4 in 5 (86%) Indians state that they were negatively impacted by the pandemic, while 9 in 10 said they were affected by COVID-19 in terms of job retrenchment, pay cuts, and reduced working hours. In addition to shrinking opportunities, professionals in India also battle the perils of working in isolation, as over 3 in 5 (65%) Indians cited lower productivity while working from home. Further analysis shows that too many distractions, interrupted internet connectivity, and difficulty in planning work are the top most setbacks faced by professionals in India when working remotely.”
“Climbing out of the economic slump in 2020, India remains resilient towards recovery as 2 in 3 (65%) professionals expect the economy to improve by June 2021. Learning and upskilling is seen as imperative to future-proof their careers in this current climate, and about 3 in 5 (57%) Indians are actively looking to learn new hard skills such as Artificial Intelligence, Cloud Computing, and Business Analytics, and soft skills such as Creative Thinking, Problem Solving, and Time Management. Many professionals are also shielding from the pandemic by pivoting to more relevant careers with 1 in 2 (51%) professionals looking to shift to new career paths, and 3 in 5 (61%) are pursuing roles that allow them to use their skills,” it added.
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.