IIM ROHTAK H U M A N E - R CLUB P re s e n ts
H R BULLETIN VOLUME 35
humane.r@iimrohtak.ac.in
HUMANE-R|VOLUME35
HR BULLETIN
Women’s roles and experiences in the technology sector Women are not limited by anything. So many successful women in each field have carved ways for the future generations and are continuously breaking all the barriers. The right skills should be acquired for the chosen profession, along with a zeal for steady learning of the technological advancements to remain relevant.
The information technology sector has made tremendous leaps and bounds over the years. The historically male dominated workforce has been led by iconic personalities as founders and CEOs. But with progressing times, more women are now choosing technology as their forte and leaving a mark on many levels. Many organizations are offering increased opportunities to women. However, a lot more effort is required to achieve an equal opportunity space.
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Leadership Opportunities Women are receiving more leadership opportunities compared to years past. From executive-level to senior leadership, we see women holding the fort across departments – Finance, Operations, HR, and Delivery. However, there is still room for growth in women’s presence across boardrooms. In a survey by NASSCOM, 88.5% of tech companies reported that less than 10% of their C-Suite is female and 80% companies had less than 20% females at senior management levels. Sometimes, women’s power of empathy is considered as their weakness and they are perceived incapable of taking tough decisions. However, more and more people have now started recognizing this characteristic as a strength. Women are not limited by anything. So many successful women in each field have carved ways for the future generations and are continuously breaking all the barriers. The right skills should be acquired for the chosen profession, along with a zeal for steady learning of the technological advancements to remain relevant.
Developing skills from the start To instill a belief that the tech industry is a place for women to work and succeed, the issue of gender stereotypes needs to be addressed long before women enter the workplace. It needs to start at school, to engage and encourage an interest in IT and tech fields. Girls need to see the IT professionals as ordinary people with diverse skillsets and abilities, and that anyone can aspire to join the tech space. An Increasing number of women are now opting for professional courses in the fields of Engineering, Financials, Manufacturing and Healthcare. However, according to the All India Survey on Higher Education (AISHE) report, the share of male students enrolled in engineering and technology is 71.1% compared to female enrolment, which is just 28.9%. Improvements in gender equity Global security company Kaspersky revealed that 56 per cent of women in the tech industry have seen levels of gender equality improve in their organization over the past two years, with a further 70 per cent agreeing that their skills and experience were considered ahead of gender when applying for their first role in IT or tech. Many companies are also beginning to introduce quotas that guarantee more equal representation across workforces. More than just adding numbers, they are designed to increase the likelihood of altered behaviors and reduced sexism in workplaces – with more women reaching senior positions, and the creation of more role models who can share positive career experiences to young women interested in entering the tech space.
Companies are also implementing blind hiring practices to remove personal biases from the talent acquisition process. This includes removing identifying information from applications, amending the language in job adverts to eliminate sex-bias in favor of male candidates, training recruiters to eliminate bias from hiring processes, and using diverse hiring committees instead of individuals. While we are well on our way to bridging some aspects of inequality, there is still a long way to go to achieve gender pay parity across roles – including boardroom employees. A World Economic Forum showed that the gender gap runs deep; and globally we are still many years away from experiencing equal pay opportunities for men and women…
Read more at: https://www.peoplematters.in/article/diversity/womens-roles-andexperiences-in-the-technology-sector-28664
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IT sector posts strongest comeback in Feb post COVID-19 with 33% growth: Naukri Hiring in the IT-Software/Software services industry registered a record growth of +33% in Feb’21 Vs Jan’21 because of the increased adoption of digital technologies in India. The rise of data, digitization, and automation have caused an irreversible transformation in the way companies have adapted during the post-pandemic era. This is illustrated by the fact that hiring in the IT-Software/Software services industry registered a record growth of +33% in Feb’21 Vs Jan’21 because of the increased adoption of digital technologies in India. At an overall level, the Naukri JobSpeak Index for Feb’21, at 2,356, witnessed an uptick of +22% in hiring activity as compared to Jan’21 at 1,925. In addition, at a Y-O-Y level, the overall hiring remains flat at -2%. With the country going back to normalcy, the majority of the industries saw a positive sequential uptick in recruitment activities for the first time after the COVID-19 outbreak. The Telecom sector has registered a sequential jump of +24% in Feb’21. Other key sectors such as Medical/Healthcare (+28%), Education/Teaching (+25%), FMCG (+20%), and BFSI (+17%) too have shown growth in M-O-M hiring in Feb’21 while the Insurance sector saw a flat (1%) hiring trend.
Region-wise growth All six metros and key tier-2 cities witnessed positive hiring activities in Feb’21 Vs Jan’21. Hiring in metros showed double-digit growth led by Bangalore (+31%), Hyderabad (+28%), and Pune (+24%). Tier-2 cities such as Ahmedabad (+31%) and Vadodara (+20%) also grew in Feb’21 sequentially. With the opening of schools and colleges/universities, demand for professionals in Teaching/Education (+49%) has shot up in Feb’21 Vs Jan’21. Job roles in IT-Software (+31%), HR/Recruitment (+28%), and Travel/Ticketing (+27%) domains also see an increase in hiring sequentially. Hiring across experience bands saw an average increase of +23% with 8-12 years band being at the top of the table with 27% M-O-M increase in hiring activities…
Read more at: https://www.peoplematters.in/news/talent-acquisition/it-sectorposts-strongest-comeback-in-feb-post-covid-19-with-33-m-o-m-growthnaukri-28646 4
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Noise appoints Utsav Malhotra as its new Chief Operations Officer With Utsav’s entrepreneurial skills and deep industrial knowledge, Noise aims to strengthen its leadership team to intensify brand’s visibility and business growth. Noise, the Indian connected lifestyle brand, announced the appointment of Utsav Malhotra as Chief Operating Officer (COO). Utsav will be responsible for overseeing Noise's business strategy, operations, and marketing initiatives. He will play a pivotal role in formulating and executing the company’s strategic initiatives, vision and developing a roadmap for achieving its business goals. With Utsav’s entrepreneurial skills and deep industrial knowledge, Noise aims to strengthen its leadership team to intensify brand’s visibility and business growth. Commenting on the announcement, Mr. Amit Khatri, Co-founder, Noise said, “This announcement is a testament to the deep and diverse bench of talented leaders we have at Noise, as well as a reflection of our commitment to realizing our vision and strengthening our support for Noise's customers. I’m thrilled to welcome Utsav to the team. Utsav is an ideal fit for us, as he is a proven leader with great experience over the past two decades which we believe will be invaluable to the growth of our company – from both a business perspective and a cultural one. In addition to an impressive track record of strategic planning and execution, Utsav brings a passion to his work that inspires and motivates our team. I’m excited to see all that Noise will accomplish under his leadership. I'm confident that he will be a great asset to our brand and ensure that our team is well-positioned to build on Noise's success and accomplish our goals for 2021 and beyond.” Talking about his new role at Noise, Mr. Utsav Malhotra, COO, Noise said, “I am extremely elated to join Noise and work closely with a passionate team which is focused towards building India’s leading consumer-tech brand. Wearable and hearable market is rapidly growing in India and has witnessed a huge uptick from tech enthusiasts for such products. Noise is revolutionising this industry with its contemporary technology and consumer friendly designs. It has also been recognised as No. 1 brand in the wearable segment in India. I am all geared up to join Noise’s vision to be India’s best consumer-tech brand and take it to the newer heights.” Utsav is double gold medalist from National Institute of Fashion Technology Delhi (NIFT)..
Read more at: https://www.peoplematters.in/news/leadership/noise-appointsutsav-malhotra-as-its-new-chief-operations-officer-28621
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STL appoints Chris Rice as CEO for its Access Solutions Business Chris brings over 25 years of experience in the telecom industry. Prior to STL, he was associated with AT&T where he delivered on a multi-year technology strategy and vision for both the network and the underlying system’s evolution. STL [NSE: STLTECH], an industry-leading integrator of digital networks has announced the appointment of Christopher Rice as the Chief Executive Officer for its Access Solutions Business. Chris’s appointment reflects STL’s strong focus on driving growth and innovation in the access segment. Leveraging 25 years of experience in optical communications and system integration, STL is now expanding its capabilities across digital networks by building core solutions in the edge access area, both on the wireline and 5G wireless side. With over 5 years of investment in access technologies and key product launches, the company has launched the Access Solutions Business Unit focusing on Open RAN, 5G, programmable FTTx, and controller/orchestration software. Chris is a seasoned technology executive who will lead this BU and advance STL’s growth plans. Chris brings over 25 years of experience in the telecom industry. Prior to STL, he was associated with AT&T where he delivered on a multi-year technology strategy and vision for both the network and the underlying system’s evolution. He also led AT&T’s pivot to software-defined networking (SDN), leading the team that built the fundamental automation and platform capabilities to drive this shift. Chris holds an MBA from the University of Central Florida, a Master’s degree in Electrical Engineering, from Virginia Tech, and is a graduate from Rutgers’ wireless information networks laboratory (WINLAB). "The digital networking space is at an inflection point where open technologies and software-driven infrastructures are becoming increasingly relevant,” said Chris Rice.” STL is uniquely positioned..
Read more at: https://www.peoplematters.in/news/leadership/stl-appointschris-rice-as-ceo-for-its-access-solutions-business-28622
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Piramal appoints Saurabh Mittal as Chief Technology Officer of its Retail Finance Business Saurabh brings with him, close to two decades of experience in building and scaling innovative consumer products across e-commerce and telecom domains. Piramal Capital and Housing Finance Ltd. (PCHFL), a subsidiary of Piramal Enterprises Limited (‘PEL’, NSE: PEL, BSE: 500302) today announced the appointment of Saurabh Mittal as Chief Technology Officer (CTO) of its Retail Finance business. In this role, Saurabh will lead technology strategy towards building a world-class Tech and Artificial Intelligence (AI)-led lending business, creating a cloud-native cutting-edge tech-stack. He will also be responsible for building a robust engineering team focussed on developing and managing technology for both customer and partner-facing business platforms of Piramal Retail Finance. Saurabh brings with him, close to two decades of experience in building and scaling innovative consumer products across e-commerce and telecom domains. In his most recent role, at Amazon India, Saurabh led a team that engineered software systems for one of its fulfilment channels. Earlier, he was CTO at Medlife, where he played an instrumental role in defining, developing and evolving the company’s product portfolio, and enabling business growth from scratch to a revenue of over US$ 100 million. Before joining Medlife, Saurabh headed the server development group at Nokia Life, a Value Added Services (VAS) division of Nokia; prior to which he held entrepreneurial roles at various start-ups where he built VAS for telecom operators. Commenting on the appointment, Jairam Sridharan, Chief Executive Officer, Piramal Retail Finance said, “We are delighted to welcome Saurabh Mittal to Piramal Retail Finance. Our Retail Finance business aims to become the lender of choice to small businesses and budget customers of Bharat through a business model that is ‘Digital at its Core’. Saurabh’s deep technology expertise will help Piramal build a new-age, innovative,..
Read more at: https://www.peoplematters.in/news/leadership/piramal-appointssaurabh-mittal-as-chief-technology-officer-of-its-retail-finance-business-28619
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