Indian women hesitate to ask for salary hikes, promotions

Indian women still hesitate in asking for promotions and pay raises, unlike men, says a global survey on workplace habits by information technology giant.

Accenture that polled 4,100 business executives online in 32 countries.

The survey found that for most Indians achieving seniority in their organisation is the most coveted goal.  

Among global respondents, adaptability to change is considered a key to success in future, along with building differentiated skill sets.

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Inputs: Business Standard 

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The number of women at top management positions as well as on companies' boards is likely to increase by 2020, a report by consulting and technology company Accenture has said.

Pay Raises and Promotions: More than half (57 percent) of all respondents have asked for or negotiated a pay raise, and three out of four (77 percent) who have done so have received one. Slightly less than half (44 percent) have asked for a promotion, and more than two-thirds (68 percent) who have done so received one.

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While corporate India continues to have a low percentage of top women executives, respondents were optimistic about participation of women at board level, CEO level, and senior management level, the report said.

Working Parents: More than 40 percent of working parents (44 percent of men; 42 percent of women) would prefer to work than stay at home, if they could afford it.

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Nearly three-quarters of respondents (71 per cent) think the number of women on boards will increase by 2020, while seven in 10 (70 per cent) say the number of women CEOs would increase by 2020, the report said.

Moreover, 44 per cent of respondents said their companies are preparing more women for senior management roles than they did last year.

The Value of Experience:

Nearly three out of four (72 percent) respondents report that experience is more important than education in their current jobs.

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As mush as 44 per cent Indians believe there will be a slight increase in the percentage of women holding CEO positions by 2020. Similar trend is noticed in the US where 66 per cent are optimistic about women participation, followed by the UK (49 per cent).

Around 40 per cent Indians feel there will be a slight increase in the percentage of women who hold seats on Boards of Directors at companies.

Current Skills:

The top three contributions that respondents believe they bring to their jobs are efficiency when completing tasks, a strong work ethic and the ability to learn new things (56 percent, 50 percent and 44 percent, respectively).

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Future Skills:

Looking ahead, respondents believe the most marketable skills will be the ability to multitask, speak more than one language, be a team player and navigate most computer applications (cited by 57 percent, 54 percent, 54 percent and 53 percent, respectively).

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Satisfaction with Current Job:

Approximately half (48 percent) of respondents report they are satisfied in their current jobs.

Of those not satisfied, feeling underpaid was the primary reason for dissatisfaction (cited by 37 percent), followed by lack of opportunity for advancement (25 percent).

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