Report
ABSYZ Annual Diversity Update
At ABSYZ, we are committed to building an inclusive and equitable workplace. Our approach to equality is rooted in our core values and practices, ensuring that every employee, business partner feels valued, respected, and empowered to contribute to their fullest potential.This report highlights our commitment towards equality, diversity, and our continuous efforts to foster an inclusive work environment
Creating an Diverse and Inclusive Workplace
We understand the importance of gender diversity. Currently, the overall male-to-female ratio is 2:1. We recognize that achieving gender balance is important for fostering diverse perspectives and driving innovation within our organization. We are actively working on initiatives to attract, retain, and promote more women in our employee base. Our goal is to create a more equitable culture where everyone has the opportunity to thrive and contribute to our collective success.
Our efforts to promote gender equality extend to managerial roles, where 37% of our mentors are women. 27% of active projects in ABSYZ are also being led by women employees.These employees play the role of mentors and managers and serve as role models for younger members in the team.. Our diversity figures is a testament to our initiatives towards creating opportunities for women to advance into leadership positions and play a crucial role in our organization’s success
Several key processes within the organization that enable BAU transactions for the organization were developed by leaders from this group. ABSYZ has built its performance management system and created a goal library that helps track Key performance indicators for employees related to appraisals. The sustainability initiatives led by the CSR team as well as the reporting initiatives aimed to understand our carbon footprint and implement ways to reduce them are led by women employees.
We have a significant representation of women in leadership positions. Currently, 16% of the leadership roles are held by women. We continue to implement strategies such as Hi potential development for women and other such programs aimed at increasing the number of women in leadership, ensuring that our leadership team is as diverse as the talent within our workforce.
Internal Process Areas
Performance Management and Promotions:
All our internal processes, including performance management and promotions, are rigorously audited by the relevant teams to eliminate manager bias in ratings beyond performance parameters. This ensures that decisions are based on merit and performance, free from any gender-related inequality or bias.
Enablement sessionsÂ
We conduct regular enablement training sessions for all employees, including managers and mentors. This training equips our team with the knowledge and skills to recognize and avoid bias in their daily interactions and decision-making processes. It is part of the larger targeted program towards fostering a better connection between the mentors and employees.Â
Interview Process
Our interview panels undergo specific training to avoid gender bias, ensuring that they are equipped to conduct interviews impartially. This training covers aspects of unconscious bias and teaches interviewers how to ask fair, standardized questions that accurately assess a candidate’s capabilities. Additionally, all interviews are recorded and randomly audited to ensure compliance with our unbiased hiring protocols. These audits help us identify and correct any deviations from our established guidelines. This approach to our interview process guarantees that we attract and hire the best talent based solely on merit in line with our commitment to a diverse and inclusive workplace.
Return to Workplace is a career initiative aimed towards women who have taken a break from their professional careers. Recognizing the challenges faced by women re-entering the workforce, this program provides them with opportunities to resume their careers in a supportive environment. We offer targeted training and development sessions to update their skills and knowledge, along with mentorship opportunities to help them integrate well within the company. This initiative is part of our broader commitment to support gender diversity and ensure that talented women can continue to contribute to the workforce after a career break.
Outreach Initiatives
Inspiring Futures – ABSYZ Outreach Programs
We believe in the power of education and community support to shape a better future. Recently, as part of our outreach program, we visited a government school to engage with students through career planning sessions, fun activities, and essential donations. This event was organized by the ABSYZ CSR club, we saw engaged participation from all the employees who volunteered for the event. Our primary focus was to conduct career planning sessions for high school students, emphasizing the importance of education, especially for girls. We highlighted how education leads to new opportunities and the significance of financial independence for all students, especially women.This humbling experience reinforced our commitment to supporting education and empowering young minds. Moving forward, our CSR club remains dedicated to making a positive difference in our communities.
Read more about Inspiring Futures here
Celebrating Technology and Empowerment - Hysea Event at ABSYZ
To further our commitment towards women empowerment, ABSYZ hosted the HYSEA technology event at our Hyderabad office, showcasing the latest advancements in technology for women. This event provided our women employees an excellent opportunity to enhance their knowledge and stay updated with technological developments. The event featured inspiring presentations and demonstrations from industry experts.Beyond the presentations, the event fostered a vibrant networking environment, allowing attendees to connect, exchange ideas, and build professional relationships. We aim to continue to sponsor/ host at least one event related to women empowerment.
Read more about ABSYZ Sponsored HYSEA event for women here
Future Initiatives
In the upcoming year, ABSYZ is excited to launch several initiatives aimed at further promoting diversity and inclusion:
Girls in Tech Tomorrow is an inspiring campaign aimed at young women in schools. This initiative is designed to ignite their interest in the tech field by sharing life-changing experiences from women professionals. Our goal is to provide these young women with a clear understanding of the vast opportunities available in technology. Through engaging career planning sessions, we help them map out potential career paths and set achievable goals. Additionally, interactive Q&A sessions allow students to ask questions and gain insights directly from industry experts, making the sessions both informative and inspiring.We should be able to show the progress regarding the initiative in the upcoming year.
Ability Empowered is a dedicated campus recruitment program focused on onboarding candidates with disabilities. We understand and recognize the immense talent and potential within this community and are committed to creating an inclusive workplace that values diversity. This program is specifically designed to identify, recruit, and support candidates with disabilities, ensuring they have the necessary resources and accommodations to thrive. By fostering an inclusive hiring process, we aim to build a diverse team that reflects our commitment to equal opportunities for all.
ABSYZ is dedicated to creating a workplace where equality and diversity are not just goals but fundamental guiding principles. Our commitment to these values is reflected in our policies, training programs, and continuous efforts to improve the overall process ensuring its equitable. By fostering an environment of inclusion and fairness, we aim to empower every employee to achieve their best and contribute to our collective success.
Period – 2023 – 2024
ABSYZ HR Team is responsible for Annual Diversity Report
