Companies Hiring More Women Through Campus Placements: New Trends
Now Companies hiring more women's ! To attract more women's, companies are initiating the future progressive steps through incorporating female-friendly HR policies and tie-ups with women's colleges and active engagement with campuses.
HIGHLIGHTS:
- New Hiring Trend: Companies hiring more women’s from campuses.
- Through female-friendly HR policies and tie-ups with women’s colleges, corporates want to attract more women.
- Trend adopted across sectors in India.
- Experts speak, it’s a good initiative to groom female talent at early stages.
- Companies targeting to hire 50 percent women’s from campuses to ensure workplace gender diversity..
Companies Hiring More Women Through Campus Placements: New Trends
Companies are now becoming more visionary to build Gender Diversified workplace in the male dominated corporate world. As early as possible, companies want to scale their female workforce into the baselines to cop with future demand of leadership diversity.
Corporates giants like, Tata Steel, Vedanta, Axis Bank, HDFC Bank and PWC are among top companies to hire more women’s. To attract more women, Companies are initiating the future progressive steps through incorporating female-friendly HR policies and tie-ups with women’s colleges and active engagement with campuses.
The Companies, across sectors in India, are now increasing the hiring of women through off-campus and on-campus placements as they set the vision on making workplace more genders diverse.
Expert’s, who have close-look on the new hiring trends in corporate world, express their views that catching them early will not only help to groom female talent and build a future pipeline, but also give the company’s access to a larger fresh fool of candidates to bring in out-of-the-box thinking and promote a more inclusive and innovative workplace culture.
Tata Steel, Vedanta, Axis Bank, HDFC Bank and PWC are among those have been stepped up to hire women’s through campus placements.
Tata Steel, who have visited over 20 business schools and engineering colleges and has increased its hiring of women candidates from campuses over the years- as the demographic at campuses also changed, with women currently accounting for 40 to 50 percent of its fresher intake.
Confirming this initiative, a Tata Steel spokesperson said, “we believe that the way to increasing the gender diversity in a workplace starts with the hiring process and that it is essential to develop female talent from early stages at the Organization in order to build a pipeline of strong women leaders.”
Diversified mining Company Vedanta’s, CHRO, Madhu Srivastava said that they have raised the female workforce strength from 33 percent in 2020 to 38 percent in 2022.
Madhu further said, “This year we are aiming for 50% of our campus hires being women.”
Axis Bank, launched initiatives to attract more female candidates in campus interviews, visiting more women’s colleges, interview panels with female leaders, diversity-friendly policies, like hybrid work model as well as a differential cut-off for women. That have helped the Bank to attract more women owned over the years. The percentage of women hiring had moved from 39% in 2021 to 45% in 2022.
HDFC Bank has hired more than 1100 women from campuses since December 2020. At HDFC, on an average, 38 to 40% of hires from campus are women.
The audit firm, PWC, has stated its intent to have at least 40% gender diversity across all teams at PWC India.
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