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Women in tech earn 17% less than men: Insights from TeamLease Digital Report

Uncover the latest findings from the TeamLease Digital Report FY 25, highlighting the 17% gender pay gap faced by women in tech roles. Despite a growing number of women entering high-demand fields like data science, cybersecurity, AI, and cloud computing, significant pay disparities persist. Learn about the top tech roles for women and popular courses driving their advancement.

September 02, 2024 / 17:07 IST
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Women in Tech: Key Trends and Opportunities for FY 2024-25
Women in Tech: Key Trends and Opportunities for FY 2024-25

The tech industry is grappling with a substantial demand-supply imbalance, especially in key areas such as software development, data science, AI/ML, cybersecurity, and cloud computing. Although more women are joining the tech sector, the swift pace of technological advancement is surpassing the supply of qualified professionals, creating a significant gap that challenges the industry’s growth and innovation.

According to the latest Digital Skills Salary Primer FY 25 report by TeamLease Digital, while women have made notable strides in tech education and workforce participation, their representation at senior levels remains lower than their male counterparts. However, senior female tech professionals are often more proactive in upskilling and staying updated with the latest technologies compared to their male peers.

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In India, there are currently 2.05 million women working in tech roles. Of these, only 0.10 million are employed outside the tech sector. Women in Global Capability Centers (GCCs) number approximately 482,000, with their share expected to rise from 25 percent to 35 percent by 2027.

For FY 2024-25, the gender pay gap in the Indian tech industry is influenced by structural inequalities, disparities in role distribution, barriers to career advancement, and negotiation gaps. This gap varies across different roles, with technical and leadership positions showing more pronounced disparities. At higher levels, the pay gap can widen due to fewer mentorship opportunities and limited promotion prospects. The gender pay gap generally ranges between 10 percent and 17 percent, with discrepancies peaking at lower experience levels and decreasing with more experience. For some high-demand tech roles, the gap can be as high as 22-30 percent.