- Additional WFH option during the last trimester for women employees
- One of the first organizations to implement the Government of India advisory
Citibank India has launched a pioneering Work From Home (WFH) option for its women employees who now can request to work from home for a period of up to 12 months at the end of their maternity leave of 26 weeks. Additionally, on a need basis, a woman employee can request 3 months of work from home in the last trimester of pregnancy, subject to review and approvals. This potentially provides a cumulative period of 21 months of working from home for expecting/new mothers.
Citi India is one of the first organizations to implement the maternity-linked WFH initiative in response to the Government of India’s advisory thereby making it an implementable rule for the benefit of women and helping new mothers successfully balance their family and career.
Citi India & South Asia, Chief Human Resources Officer, Aditya Mittal, said, “We are delighted to pioneer this for our women colleagues across the Citi India franchise. Most studies on women’s participation in the workforce suggest that women tend to drop out or take a long break in their employment during this stage which impacts their careers and eventually the percentage of women at senior levels in organizations. This is a big and timely step to ensure we retain women’s talent and support their career aspirations when they need it the most. Hopefully, this will encourage more industry initiatives to implement the Government’s vision.”
Megha Mangal, Digital Software Engineer, Personal Banking and Wealth Management, recently resumed her maternity break. She said, “Citi’s support during this crucial time in my life is invaluable. It allowed me to fully embrace the joys and challenges of motherhood without worrying about my career. The peace of mind knowing that I could continue contributing to my job working from home made my transition into motherhood so much smoother. Citi’s maternity leave policy exemplifies its dedication to creating a positive and inclusive work environment.”
With Citi India having close to 30,000 employees of which 38% are women, this initiative is expected to widely benefit women by ensuring the continuity of their careers with Citi as also building a seamless pipeline to augment the already strong 30% women representation at mid-senior/senior positions.
Citi has been continuously launching initiatives around work-life balance and Diversity, Equity, and Inclusion. In 2019, it became one of the first companies to disclose its unadjusted, or raw pay gaps for both women and U.S. minorities. In 2021, it was the first Wall Street Bank to launch a flexible working model. Sustained initiatives such as setting aspirational representation goals in 2018 – and having achieved them at the end of 2021 — raising the bar again in 2022 reflects in the growing diversity at Citi, in India and globally.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
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About Citi India:
Committed to India for over 115 years, Citi takes pride in being a premier locally embedded financial institution, backed by an unmatched global network. Citi is an employer of choice in India offering consumers and institutions a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, brokerage, treasury and trade services, securities and fund services, and wealth management. In line with our commitment to make a positive difference in the communities we work, Citi India’s citizenship program targets its strategic efforts in the priority areas of Financial Capability and asset Building, Microfinance, Enterprise Development, Youth, Education, and livelihoods.