Shriram Finance Takes Steps to Raise Gender Diversity
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Shriram Finance Limited (SFL) takes steps to raise gender diversity in the organization. SFL currently has over 6300 women employees across functions. At Shriram Finance, the percentage of women employed stands at 11% of the total workforce, and the organization promotes women-friendly HR & hiring policies across departments to hire competent women. The Personal Loans front line department is an end-to-end women workforce of over 1000 women.
SFL has put emphasis on the need to bring in at least 10% of women every year on its prestigious Management Trainee Program. SFL plans to raise the percentage of the women workforce by 20% in the next 3 years and 30% in 5 years.
Benefits that SFL gets from a diverse talent pool:
* Improved financial performance
* Reduced risk
* More challenging and robust decision making
* Increase in the attraction to a wider talent pool.
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