Expanded gender pay disparities brought on by parental leaves and prejudice, according to a new study
A recent survey conducted by Naukri.com, involving over 20,000 job seekers across more than 80 industries and eight cities in India, has shed light on the preferences and concerns of professionals regarding career advancement and pay equity.
The findings suggest that a strong preference for performance-based progression exists among senior professionals, with 39% favouring merit-based promotions and pay hikes. In addition, over a third of professionals (34%) favoured promotions and pay hikes tied strictly to merit. Transparent salary structures were also favoured by 21% of the professionals surveyed.
The survey found that the IT sector was identified as the industry with the widest pay disparity by half of all respondents. Freshers and mid-level employees were most vocal about the IT sector's pay disparity. In contrast, over a quarter of oil & gas professionals claimed the gender pay gap was negligible.
The belief that maternity breaks and workplace bias are the biggest barriers to pay parity was strongest in the IT, pharma, and auto sectors. Workplace bias was identified as the primary cause of the gender pay gap by 27% of the surveyed professionals. More than half of the respondents identified maternity breaks as the single-biggest reason behind the gender pay gap in India.
The survey also found that calls for greater pay transparency were made by 21% of the surveyed professionals. Despite this, the survey did not provide information about the specific industries where the lowest rates of flagging pay disparity were found.
The findings suggest that addressing career interruptions, uprooting bias, and adopting transparent, merit-driven policies will be key to narrowing the gender pay gap in India. The survey by Naukri.com in India indicates that the industries with the highest gender pay gap were IT & Software and Banking & Finance.
In terms of geographical distribution, Hyderabad and Bengaluru registered the highest concerns about the gender pay gap in the IT sector. Aviation (57%), education (52%), and IT (50%) were the industries where professionals felt the gender pay gap most acutely.
In conclusion, the survey reveals a strong preference for merit-based progression and pay among professionals in India. However, it also highlights the need for addressing issues such as maternity breaks, workplace bias, and pay transparency to narrow the gender pay gap, particularly in the IT and banking sectors.
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