The IT and business process outsourcing (BPO) sector employs the highest number of women in tech with its consistent efforts to ensure the inclusivity of women in IT companies, especially in recruitment and retention strategies. The least number belongs to the manufacturing sector as women are commonly discouraged from working in this field due to the nature of the workload.
Meanwhile, women are mostly employed in consultancy firms given that these companies prioritise diversity, equity and inclusion (DEI) in their employment practices. Other factors attracting women to work for these firms are fair gender pay, availability of flexible workplace arrangements and access to professional development.
In terms of the share in designation, associate roles are most common for women in tech. The overall participation of women in STEM roles is generally low and despite efforts to promote women in leadership, there are leadership positions that are not open for women. At 20%, women only occupy 1 in 5 C-suite roles, with the industry having the lowest at the director level.
Lastly, when compared to other sectors, BFSI has the highest number of women in leadership positions. This is due to the various initiatives that encourage women to be engaged in financial decision-making roles; particularly, this can be attributed to the women’s traditional role of handling household finances. This leveraging factor opens a pathway for women to advance into leadership positions.