42% Indian Women feel Underpaid in Tech Industry

By: WE Staff | Thursday, 15 February 2024

A recent survey by ANSR and Talent500 revealed that 42 per cent of women in India feel underpaid in the tech industry as the Tech Pay Gap persists in the industry. According to 70 per cent of survey respondents, DEI activities in the tech sector need to be integrated into fundamental business values rather than being used primarily for marketing.

Gender diversity is a crucial business requirement that influences company cultures and promotes success, not just an HR function. Gender diversity is greatly supported by Global Capability Centers (GCCs). Diversity is a top priority for these institutions, as seen by the ratio rising to over 35 per cent after four to five years of operation. Due to the infusion of more female entrepreneurs and tech innovators, 41 per cent of women in India are confident about the future of the tech sector.

When asked about gender diversity policies, 70 per cent of respondents said that they are majorly utilized for marketing rather than actual work. While recognizing genuine attempts, 61% point towards slow development. Diversity initiatives are perceived by 30.8% as either nonexistent or superficial.

According to 60% of respondents with five to ten years of experience, the firms need to be held responsible for fair recruiting procedures. In interviews, 45% of respondents claim to have encountered gender stereotypes, and 30% believe their technical talents are underappreciated in comparison to those of their male counterparts.

42% of women in tech believe that there is salary inequity. 45% of respondents mentioned non-diverse hiring panels due to biased recruitment practices. According to Aon's predictions, in 2023 there was an unresolved gender pay disparity of 28–30% in the technology sector and 8–10% for junior management.