<p>Bengaluru: Even though India is rapidly becoming a hub for Global Capability Centres (GCCs) with rising female participation, there exists a persistent gender pay gap across various industries with senior levels having an average pay gap of 16.4 per cent, according to an analysis by TeamLease Digital out on Wednesday. </p><p>Meanwhile, tech GCCs in particular have a notable pay gap of 19 per cent on an overall level but highest for senior level roles at 16.3 per cent. </p>.<p>This is despite an improvement in gender diversity, with the percentage in mid levels growing from 12.12 per cent in 2023 to 13.68 per cent in 2024 and the senior levels witnessing a jump from 8.14 per cent in 2023 to 13.60 per cent in 2024. </p>.‘Most Indian workers are changing employers, or planning to’.<p>The analysis shows an even more alarmingly pronounced pay gap in the banking and financial services and insurance (BFSI) segment, with women earning an average of 26.3 per cent less than their male counterparts and 23.8% at senior levels .</p>.<p>In life sciences and healthcare GCCs, the pay gap is even more striking, touching almost 30 per cent, with a pronounced 23.5 per cent disparity at senior levels, one of the highest across sectors. </p>.<p>In the city-wise analysis, the study showed that in tier 1 cities, women make up almost 40 per cent of the workforce in GCCs as compared to 23.36% in tier 2 cities owing to a scarcity of large employers, fewer avenues for growth and societal norms. </p>.<p>While the overall pay gap in tier 1 cities is at a significant 20.3 per cent it is more pronounced in BFSI GCCs, which face a 30.6 per cent pay gap, with that in life sciences and healthcare GCCs at 28.6 per cent. </p>.<p>Conversely, tier 2 cities experience a remarkable reduction in these gaps, except for tech GCCs, which still reflect a 23 per cent disparity. Key factors driving this inequality include the influence of standardised global pay structures and ongoing efforts to recruit diverse talent from local educational institutions, the report added. </p>.<p>This study is based on a quantitative research approach, analysing a proprietary dataset of 13,000 associates from TeamLease Digital's tech contractual workforce between 2020 and 2024. A linear regression model was used to evaluate the impact of gender on salary outcomes, accounting for industry, experience levels, job roles, and geographical locations.</p>
<p>Bengaluru: Even though India is rapidly becoming a hub for Global Capability Centres (GCCs) with rising female participation, there exists a persistent gender pay gap across various industries with senior levels having an average pay gap of 16.4 per cent, according to an analysis by TeamLease Digital out on Wednesday. </p><p>Meanwhile, tech GCCs in particular have a notable pay gap of 19 per cent on an overall level but highest for senior level roles at 16.3 per cent. </p>.<p>This is despite an improvement in gender diversity, with the percentage in mid levels growing from 12.12 per cent in 2023 to 13.68 per cent in 2024 and the senior levels witnessing a jump from 8.14 per cent in 2023 to 13.60 per cent in 2024. </p>.‘Most Indian workers are changing employers, or planning to’.<p>The analysis shows an even more alarmingly pronounced pay gap in the banking and financial services and insurance (BFSI) segment, with women earning an average of 26.3 per cent less than their male counterparts and 23.8% at senior levels .</p>.<p>In life sciences and healthcare GCCs, the pay gap is even more striking, touching almost 30 per cent, with a pronounced 23.5 per cent disparity at senior levels, one of the highest across sectors. </p>.<p>In the city-wise analysis, the study showed that in tier 1 cities, women make up almost 40 per cent of the workforce in GCCs as compared to 23.36% in tier 2 cities owing to a scarcity of large employers, fewer avenues for growth and societal norms. </p>.<p>While the overall pay gap in tier 1 cities is at a significant 20.3 per cent it is more pronounced in BFSI GCCs, which face a 30.6 per cent pay gap, with that in life sciences and healthcare GCCs at 28.6 per cent. </p>.<p>Conversely, tier 2 cities experience a remarkable reduction in these gaps, except for tech GCCs, which still reflect a 23 per cent disparity. Key factors driving this inequality include the influence of standardised global pay structures and ongoing efforts to recruit diverse talent from local educational institutions, the report added. </p>.<p>This study is based on a quantitative research approach, analysing a proprietary dataset of 13,000 associates from TeamLease Digital's tech contractual workforce between 2020 and 2024. A linear regression model was used to evaluate the impact of gender on salary outcomes, accounting for industry, experience levels, job roles, and geographical locations.</p>
