Rica Bhattacharyya,The Economic Times

India's five big IT firms see net exit of 25,000 women in FY24

A recent report posted on The Economic Times talks about how the Quantum Hub highlights that while there has been an increase in women joining the workforce, leadership positions still lack gender parity. The representation of women across the workforce rose to 26.8% in 2024, but senior leadership roles only account for 18.3%, showing a decline from the previous year. Industries like education and government administration have higher female leadership representation, while sectors like construction and utilities lag behind. More women are joining the workforce, but leadership gaps remain, according to a report by professional networking platform LinkedIn and New Delhi-based public policy consulting firm The Quantum Hub. There has been an overall increase in the representation of women across the workforce to 26.8% in 2024 from 23.9% in 2016, but there has been a decline of 0.5 percentage points between 2022 and 2024, said the report, titled Women in Leadership in Corporate India.Further, it said, the percentage of women in senior leadership roles has dipped to 18.3% in 2024 from to 18.7% in 2023, after increasing from 16.6% in 2016, but it may go up by the end of the year. Despite progress, there is still a significant gap in achieving gender parity in top management roles across industries in India, as per the report. The data, self-reported by more than a billion LinkedIn members, covers trends from 68 million companies, 135,000 schools and 41,000 skills globally. The challenge of advancing women's leadership in Indian organisations is evident despite relatively strong representation at the entry level at 28.7% and senior independent contributor levels at 29.53%. There is a significant drop (18.59%) as women advance READ managerial positions, followed by a continuous decline in women's representation in leadership positions, with 20.1% at director roles, 17.4% at vice president roles and 15.3% at C-suite positions, according to the report.Industries such as education (30%) and government administration (29%) have the highest representation of women in leadership roles, followed by administrative and support services and hospitals and health care, each 23%. Sectors such as technology, information, and media and financial services each have moderate representation of women in leadership at 19%. The lowest representation is found in construction, oil, gas, mining and utilities, each with 11% women leaders, while wholesale and manufacturing have 12%, and accommodation and food services have 15%.Some industries have seen overall improvements in the percentage of women leaders hired, such as consumer services, which experienced a significant increase to 37% in 2024 from 30% in 2016 Read more at: