Do you know how many women employees work in Axis Bank, India’s third-largest bank?
The bank adopted the Diversity, Equity and Inclusion policy in fiscal 2022 and codified our commitment by setting a target of inducting 30% women employees into our workforce by 2027.
Presently 24.7 % of employees are female at Axis Bank.
This focused approach has led to a 24.7% hire rate for women up from 19% in the previous year.
Its diversity charter promotes the inclusion of women, people with disabilities and people from the LGBTQIA+ spectrum, within the workplace. These policies and practices form the bedrock of all the initiatives it undertakes concerning medical insurance, restroom accessibility, dress code policy, and training programmes.
The Axis Bank’s emphasis is on attracting and managing talent, strengthening commitments and action on diversity, equity, and inclusion, and ensuring the safety of employees and their families.
The Bank has formulated and adopted a Policy on Prevention of Sexual Harassment of Women in the workplace. The Bank has complied with the provisions relating to the constitution of the Internal Committee under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.
45 Number of complaints of sexual harassment filed during the financial year.
The Bank continues to emphasize the Empowerment of young women leaders. WE Lead is the Bank’s campus program for nurturing women leaders at the middle management level. The Bank has partnered with 8 premier business schools for hiring women leaders across roles requiring new-age skills like technology, digital, analytics, payments and product management. In fiscal 2022, the program recruited 42% of the total Tier 1 campus hires.
The Bank’s signature DE&I awareness training program “Pause for Bias” helps employees rise beyond their inherent unconscious biases. The pause for bias training is a part of the induction program, and so far, the team has conducted 187 ‘Pause for Bias’ sessions and has covered 36,941 employees across the Bank.
