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Fleximoms fluor gender_balanceissmarteco

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Women’s participation in the workforce has powerful, positive and measurable results. Increasing knowledge about the barriers to hiring, retaining and growth of women employees can help address the corporate gender gap.

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Fleximoms fluor gender_balanceissmarteco

  1. 1. fleximomsCopyright @Fleximoms, Workflex Solutions Pvt Ltd.
  2. 2. Gender Balance is Smart EconomicsBarriers to hiring, retaining and growth of women in companies 18 Sep 2012 by Sairee Chahal Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  3. 3. Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  4. 4. Women and Workplace• Women = Primary caregivers - India = highest number of women grads• Over 30 million dropouts. Over 70% of women professionals take career breaks, opt out or never start their careers• Urban, Educated, Experienced, Credible. Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  5. 5. Why The Barrier• Caregivers• Heterogeneous work – life choices• Social pressure• Starting position of disadvantage• Industrial – work formats• Gender awkwardness• Conditioning Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  6. 6. Trends• Dual income imperative• Sandwich generation• Eldercare• Commutes• Non standard childcare• Longer work spans• Rapidly changing skill landscape Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  7. 7. Why Bother• Half the Market – Trillions of USD in consumer spend – homemakers, influencers, 40 % of hands of deck, 40 % of global GDP• Half the Talent - – Do you run your factory at 50 percent capacity? – Largest no of graduates, more women at top of class Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  8. 8. Why Bother• Bottom line – Catalysts indicates Fortune 500 companies with 3 or more women on the Board gain a significant advantage - 73% return on sales 83% return on equity 112% return on invested capital• Better Corporate Governance – The Conference Board of Canada 2002 suggested a link between female numbers on boards and good-governance. Gender- balanced boards pay attention to audit and risk oversight; manage the needs of more stakeholders; organizational performance and 94% of boards with 3+women (compared to 58% of all-male boards) insist on conflict-of-interest guidelines Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  9. 9. Strength from Flex Flexibility is one of the most important aspects of being a competitive employerKerrie Peraino, Senior Vice President, International Human Resources at American Express Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  10. 10. Workflex• Workflex is harder. Workflex is more rewarding “ Carefully managing our resources and constantly reviewing and challenging what we do and the way we operate” Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  11. 11. Workplace Flexibility• Workplace flexibility = voluntary employer efforts + thoughtful policy. A workflex ready workplace effectively addresses – Flexible work arrangements – Time off – Flexible Career arrangements – While recognizing and respecting employers need to get the work done – Source – WorkplaceFlexibility2010 Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  12. 12. Work Formats• Part time• Telecommute• Contract• Project• Full time flex / Returning• SOHO• Franchising / SMB / Freelance Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  13. 13. Hiring Strategy• SKILL• FIT• FORMAT• STAGE Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  14. 14. Talent – Sellers Market?• Job Hoppers Market – Naukri, IIMJobs - counter-offer culture• Early or late stage workforce – interns, senior consultant• Alternate workforce – women, defense, differently-abled Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  15. 15. StaffingStaffing is the last piece of the hiring puzzle Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  16. 16. Process• What does work look like? – Modularity + Clarity + Story• Delivery• Reporting• Infrastructure• Payment• Expectation + Communication Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  17. 17. Why Diversity?• Reflection of the world we live in and respond to• Heterogeneous views, creativity and talent• Adaptive vs Non-adaptive cultures• Impact on bottom-lines and products Business Case for Inclusion and Engagement. By Marcus Robinson, Charles Pfeffer, and Joan Buccigrossi, (2003). wetWare, Inc. Rochester, NY. Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  18. 18. Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  19. 19. Key Trends• Globalization: Global access to markets, technology and talent reshaping businesses• Demographics: 5 generations working together, diversity and inclusivity• Social Web: How we communicate, consume and share impact on employees, customers, and partners Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  20. 20. ROWECopyright @Fleximoms, Workflex Solutions Pvt Ltd.
  21. 21. The New Currency Cannot Park, Cannot ReplaceCopyright @Fleximoms, Workflex Solutions Pvt Ltd.
  22. 22. Skills @WorkCopyright @Fleximoms, Workflex Solutions Pvt Ltd.
  23. 23. HR Perspective• Attracting and retaining talented people• Organizational capability for ROWE• Leadership skills• Managing workforce diversity• Talent management of multi generational workforce• Training in technology Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  24. 24. HR Perspective• Cutting-edge technology;• Rewards and incentives with immediate payout;• Two-way frequent feedback• Collaborative decision making• Work to accommodate personal and family life• Manage by getting involved Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  25. 25. About FleximomsIndia’s first Workflex Readiness Specialist Allow customers to successfully adopt Workflex as a value driver Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  26. 26. About Fleximoms• Facilitating women professionals in making suitable work-life choices and connecting them to the world of work• Providing off-the shelf and customized Workflex readiness solutions to businesses• Growing a platform for conversations about women, work and workflex. Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
  27. 27. QuestionsCopyright @Fleximoms, Workflex Solutions Pvt Ltd.
  28. 28. Talk to Us! www.fleximoms.in@fleximoms www.facebook.com/fleximoms Copyright @Fleximoms, Workflex Solutions Pvt Ltd.

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