MANAGING GENDER BASED ISSUES(3)

BASED ISSUES(3)

According to recent research, United States (51%) has the highest percentage of women employees at different levels where India is the country with the lowest percentage of women employees (22%). The services sector employs the greatest percentage of women employees. Within this sector, the financial services and insurance, professional services and media and entertainment industries employ the greatest percentage of females. Female employees tend to be concentrated in entry or middle level positions and remain scarce in senior management or board positions in most countries and industries. This has to change and participation from governments and other institutional bodies is required for the same. An example to the same is Norway where all organizations have to maintain a 40% ratio of women in director level posts and this comes as a regulation from government. Other countries also need to follow this example and balance things out.

Even though the fact is well established about the significant contribution of women in businesses, it cannot be denied that they still have to face challenges that are gender specific. This study has been driven on the same challenges and the suggestions at offing. The issues discussed here are not industry specific, but have been seen in most of the organizations. A manager level survey conducted in

IT companies concludes that out of another number of factors that lead to rejection of employees based on their gender, maternal barrier is one top reason. Besides, other major reasons have been identified as technological quotient of females, the ego based gender battle and up and above gender based abusing. Although direct and related incidents are scarce, indirect contribution of all these issues is still immense in industries employing women directly or indirectly. In order to understand the impact of these issues that are hampering the growth of a specific gender, this article digs deep and analysis these issues along with the suggested remedies. Also, these remedies have to be essentially amalgamated with HR functions so as to make them mostly effective.

Representative APR 391%. Average APR for this type of loans is 391%. Let's say you want to borrow $100 for two week. Lender can charge you $15 for borrowing $100 for two weeks. You will need to return $115 to the lender at the end of 2 weeks. The cost of the $100 loan is a $15 finance charge and an annual percentage rate of 391 percent. If you decide to roll over the loan for another two weeks, lender can charge you another $15. If you roll-over the loan three times, the finance charge would climb to $60 to borrow the $100.

Implications of Non-payment: Some lenders in our network may automatically roll over your existing loan for another two weeks if you don't pay back the loan on time. Fees for renewing the loan range from lender to lender. Most of the time these fees equal the fees you paid to get the initial payday loan. We ask lenders in our network to follow legal and ethical collection practices set by industry associations and government agencies. Non-payment of a payday loan might negatively effect your credit history.

Calculate APR