28% women not satisfied with salary, against 22% men: Report
Around 28 per cent of working women in India are not satisfied with their salary as compared to 22 per cent men, according to a study by Michael Page India.
Mumbai: Around 28 percent of working women in India are not satisfied with their salary as compared to 22 percent men, according to a study by Michael Page India.
It also said that 23 percent women in Asia Pacific are not happy with their salary.
The study is an analysis of responses from around 300 women employees from mid-senior level, across organisations and sectors, and drawing a comparison between their male counterparts, as well as women in the Asia-pacific region, including India.
Indian women are less confident about their job search, with only 68 per cent confident about finding a job within the next three months, it said.
"Women are more realistic about their promotion, as they are able communicate their challenges better. While searching for a new job, salary is not as important for women as it is for men. They prefer matching their life priorities with their career," Michael Page India Senior Managing Director Sebastien Hampartzoumian said.
According to the survey, 72 percent women in India think they will have better work-life balance, compared to only 53 per cent of women in Asia Pacific.
Hampartzoumian said, this is more a behavioural trend as Indian women are more likely to maximise their output to ensure a healthy balance, while men are more laid back when it comes to attaining a good balance between work and family.
It found that Indian women are slightly less confident about their job search than men, as women's work choices tend to be constrained by multiple factors, such as job location and flexible work hours, while men are much more mobile.
There also continues to be a gap in salary between men and women, as sabbaticals post marriage and child birth tend to take a toll on their career, placing them on the back foot in terms of pay parity.
The survey also revealed that 17 percent Indian women are not satisfied with their job security, lower than their male colleagues (21 percent).
About 32 percent women are satisfied with their opportunity for promotion in the next 12 months, higher than their male colleagues (26 percent).
It also revealed that 54 percent of women in India are not considering working overseas in the near future.