ICICI, IBM, HUL among Top 10 ‘Best companies for women’ in India

Zee Media Bureau

New Delhi: The best companies for women to work for in India 2016 list is out. And interestingly, some of then have the woman boss leading the charge. These are the companies which have taken serious policy initiatives in making it easier for women to strike work-life balance, as well as have made workplace safer for them.

Working Mother a division of Bonnier Corporation (US) that works to advocate the cause of working women and AVTAR, joined hands to launch a first-of-its kind study in India to honour companies that successfully help women have sustainable careers.

The survey scrutinised 350 companies across the country on parameters like women’s recruitment, retention and advancement, maternity benefits, safety and security, flexible work programmes, paid-time off etc.

The 10 most favorable companies for women to work for or best companies for women ( BSFW) in no particular order, are as follows:

Deloitte India

Ernst and Young India

Hindustan Unilever Limited

IBM India

Accenture India

ICICI Bank

Morgan Stanley

Intel Technology India

Mindtree Technologies

People Combine Educational Initiatives

Cummins India

Top 100 Best companies for women in India have ‘zero tolerance’ policy for sexual harassment at workplace.

32% of all employees in Top 10 BCFW in India are women.

25% of all employees in Top 100 BCFW in India are women.

37% of all managers in Top 10 BCFW in India are women.

18% of Top 100 BCFW offered 6 months of paid maternity leave.

86% of Top 100 BCFW and 100% of the Top 10 BCFW offer paid paternity leave.

70% of Top 100 BCFW offer paid leave to adoptive mothers.

40% of Top 10 BCFW provide day care services for their employees’ children.

70% and 50% of Top 10 BCFW provide tuition reimbursement and sponsored care for their employees respectively.

Average attrition rate among women is 20%, compared to 68% for men in Top 10 Best companies for women.

Most favored working arrangements in 100 Best Companies for Women in India include flexi-time, work from home and half working days.