Around 43% of Startups, Small Businesses Plan To Hire Women Workforce

Women Workforce Survey
Indian Women Workforce

As per a recent survey, not a single business reported an increase in the number of female employees in the eight months since the covid-19 outbreak.

The survey by community social media platform LocalCircles claimed that workforce adjustments made because of the pandemic hit female workers the most.

The survey looked at workforce adjustments and their impact on female employees. The results showed a staggering impact on women workforce since the pandemic.

Covering 7,000 startup founders, entrepreneurs and small business owners, 31% of micro, small and medium enterprises (MSMEs) and startups had to reduce their workforce, mostly women, in the past eight months.

According to the survey, not even a single business reported an increase in the number of female employees in the eight months.

Around 7% of the respondents said women in their workforce were reduced by 50-100%, 12% said the reduction was up to 25%, and 12% of them said 25-50% of female employees were laid off.

But, a bunch of startups and MSMEs plans to hire women workforce in the coming six months.

30% of startups and MSMEs said they plan to hire 1-5 women, while 13% said they plan to hire 6-10 women.
7% of the respondents were unsure about hiring women. And, 50% of them said they don’t plan to hire any female employees.

Also, as per the survey, the government’s move to help small firms under the Aatmanirbhar Bharat scheme had limited impact.

Need legal assistance for your startup? Just contact us.

Follow us and connect with us on InstagramFacebook, and LinkedIn.