PRESS RELEASE | Bangalore, November, 2017
In an effort to recognize the contributions of Molecular Connections towards building sustainable careers for women, AVTAR Group & Working Mother Media has listed Molecular Connections as part of the 2017 – 100 Best Companies for Women in India (BCWI). Currently in its second edition, BCWI Study aims to recognize and bring into foray the sustained initiatives undertaken by companies to increase women’s workforce participation.
The 2017 edition witnessed an overwhelming participation of 360 companies from across industries among which, Molecular Connections emerged as one of 100 Best winners of the study.
Commenting on the recognition, Mr. Jignesh Bhate, Founder / CEO, Molecular Connections Pvt. Ltd., said: “Diversity and Inclusion is at the core of Molecular Connections’ values. We have consciously hired and nurtured women employees across all levels of the organization. We are immensely proud of women representation; more than 70% women at entry level and more than 50% at managerial and leadership levels. We have worked and progressed like a family unit. We have had more than 80% of women employees returning to work and growing to top-level positions, post child birth or sabbatical (to care for elderly or young children). Flexibility, Trust and an inclusive approach has been our mantra since inception”.
Commenting on the initiative, Dr. Saundarya Rajesh, Founder – President, AVTAR Group, said: “Corporate India’s focus on recruiting and expanding their women employee base is laudable. Going by the data (a 5% increase in women’s representation in one year), the Best Companies for Women in India may get to their goal of gender balance in another 5-6 years’ time! Whilst it is encouraging to note that many companies have introduced new policies to retain valuable women talent, this trend still remains nascent in traditional services industry and there is a need for industries such as manufacturing and infrastructure to leverage the opportunity of an increase in employable women talent. In the years to come, BCWI will further strengthen the ecosystem for women professionals in India Inc., raising the bar each year and catalyzing its journey to gender balance”.
Adding to this, Ms. Subha Barry, Senior Vice President & Managing Director, Working Mother Media, said: “We are delighted that BCWI has set a benchmark among companies to initiate more women inclusive polices. The impact that BCWI has created in the Indian market, where companies have recognized the need for having women in the workforce and have diligently worked towards introducing best practices is truly remarkable. We have noticed that this is not just at an entry level but across all levels, which is very encouraging for women employees in the company. I congratulate all the winning companies and hope to see a continued expansion of inclusive and women-friendly policies”.
Molecular Connections is renowned for pioneering initiatives that help women build a successful career and offer them a well chalked out growth path. Some of the key initiatives introduced by Molecular Connections are:
- Flexible working hours or work from home options for women employees
- Building affinity groups to help employees to stay motivated and work through the odds.
- Provide mentoring / coaching by senior leaders (both men and women alike) to all key resources including women managers.
In the last annual year, Molecular Connections has introduced several key initiatives that help build a women inclusive workplace. More than 235 new hires are women and about 90 women are employed at top-level positions.