'23% salaried women in India’s metros perceive gender pay gap': Survey

The second report delves into the unique circumstances of women in the workforce, including their professional aspirations, habits, and the barriers faced by them. Further, it examines how major factors like income, age, marital status, and location influence the preferences of women.

For 69% of salaried women, salary and career advancement ranked as the topmost factors while hunting for a job. At least 42% of self-employed women have prioritised independence and flexible working hours. Remote working was not a high priority among salaried women as only 3% considered it essential.

The survey results showed that the perceived gender pay gap at the pan-India level stood at 23% among salaried women, while perceived gender bias was recorded at 16%.

Women who are semi-affluent -- earning between ₹10 to 25 lakh annually -- and affluent women -- salaries ranging from ₹41 to 55 lakh per year -- have different opinions about the gender pay gap. While affluent women reported a higher perception of the gender pay gap at 30%, it stood at 18% among semi-affluent women.

At least 30% of affluent women and 12% of women in the semi-affluent cohort asserted that they had experienced gender bias in the workplace.

Moreover, the survey found that 42% of salaried women in metro cities faced challenges while negotiating salaries. However, this experience differs between the eastern and western parts of the country as 96% of salaried women in Kolkata do not face a challenge in negotiating their pay, while 33% in Ahmedabad do.

When it comes to career development opportunities and mentorship, single women in the workforce seem to value them more compared with married ones. In particular, compared to 16% of married women, 26% of single women express gratitude for these kinds of initiatives.

“Encouraging the active participation of women in the workforce is crucial for fostering their economic independence and ensuring autonomy in financial decision-making,” Kishore Poduri, Managing Director, and Country Head - HR, DBS Bank India said.

Poduri said that insights collected from the study could empower organisations to understand women's aspirations better and tailor strategies that align with their preferences. “This can lead to more fulfilling careers for women, enhancing their participation in the workforce and maximising their potential contributions,” Poduri added.