Indian female millennials are most confident of their career progression as a majority of them believe that they will be able to reach top positions in their respective organisations, says a PwC report.
Millennial is a term used to refer those who are born between 1980s and 2000s.
According to a PwC report titled the Female Millennial: A new era of Talent, female millennials in India (76 per cent), Brazil (76 per cent) and Portugal (68 per cent) are most confident about their career progression as compared to a global average of 49 per cent.
“Female millennials are more highly educated and are entering the workforce in larger numbers than any of their previous generations. But, this is not the only thing that has changed. They also enter the workforce with a different career mindset,” PwC International Chairman Dennis Nally said.
However, 74 per cent of Indian females surveyed felt that opportunities are not equal for all. When asked about being promoted from within, 21 per cent of Indian female millennials surveyed felt their employer was male biased.
The report said, 90 per cent of Indian and 86 per cent of global female millennials seek employers with a strong record on diversity and 71 per cent of global female millennials do not feel opportunities are really “equal for all”.
Globally also 43 per cent of female millennials believe employers are too male biased when it comes to promoting employees from within.
Millennial women in Spain, France and Ireland view employers in their country as the most male biased, versus Malaysia and the Philippines where female millennials are more optimistic.
Interestingly, female demand for international experience has never been higher with 71 per cent of female millennials wanting to work outside their home country during their career. Despite this, only 20 per cent of current international assignees are female, the report said.
“Our research also dispels some significant myths, for example that women leave work to have families,” PwC Global Diversity Leader Agnes Hussherr said.
“The female millennial was least likely to have left a former employer because she was starting a family, and most likely due to a lack of career opportunities,” Hussherr added.
