Do you know women’s share in startup workforce is higher than in corporates?

Do you know women’s share in startup workforce is higher than in corporates?

Nov 02, 2023

Girish Khurana

Women comprise 35 per cent of the startup workforce according to a report by the non-profit philanthropy platform ACT

Comparatively, women comprise only 19 per cent workforce in corporates

The report noted that 18 per cent of startup CEOs or founders are women

Only 5 per cent hold CEO and founder positions in corporations

The share of women in the startup workforce is projected to jump to 50 per cent by 2030 with 2 million (20 lakh) new jobs

The report noted faster progression in startups as it takes half the time to become a leader in a startup as it does in a corporate

In terms of autonomy at work, twice as many employees report a sense of autonomy in startups as do those in large corporates

Potential is valued over work experience in startups with the average age of startup employees being half of their corporate equivalents

The report involved participation from more than 200 startups including Urban Company, Meesho and Zomato with 111 founders, 117 CHROs, and 755 startup employees

Image: Pexels

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