Fractal has featured in 'Top -100 – Large Companies' category for building, sustaining, and fostering an equal and equitable workplace culture – for the third consecutive year
MUMBAI, India, Oct. 17, 2022 /PRNewswire/ — Fractal (www.fractal.ai), a global provider of artificial intelligence and advanced analytics solutions to Fortune 500® companies, today announced that it has been named in Top -100 'Best Workplaces™ for Women in 2022' in India by the Great Place to Work® Institute, for the third consecutive year.
Fractal earned this recognition through rigorous assessment conducted by the Great Place to Work® Institute. The assessment awards organizations that excel in crafting practices for employees and proactively acting on feedback to create a High Trust Culture.
Fractal is committed to building a culture of inclusivity and diversity at the workplace and is actively working towards supporting women in tech. Fractal's flagship program – 'ReBoot', a gender agnostic program aimed at people who have been on a career break to come back into the workforce, has been a catalyst especially for women to develop new technical and professional skills, work closely with industry experts, and expand their network.
Fractal also has a designated Global Diversity Director supported by a dedicated Diversity and Inclusion Council which aids the organisation in bolstering gender equity in the workplace. Additional referral bonuses for hiring women, lactorium rooms for female employees, and talent acquisition from women-only campuses, are some of the other unique practices at Fractal aimed at achieving gender balance and creating a positive work environment for female employees.
As a result of these initiatives, Fractal recorded approximately 72% growth in its women employees from last year, and they comprise 22% of the company's leadership. Fractal currently stands at 32% in terms of gender diversity and aims to reach 40% by the year 2025.
“Receiving this recognition for the third time in a row is a testament to Fractal's consistent efforts towards ensuring an equitable and supportive environment for every Fractalite,” said Srikanth Velamakanni, Co-founder, Group Chief Executive and Vice-Chairman at Fractal. “While this is a moment to celebrate, it also emboldens our commitment to continue making strides towards diversity and inclusion.”
“We are thrilled to be among India's best workplaces for women. Our goal is to create an ecosystem where everyone feels empowered to steer their career basis their growing capabilities. By easing access to learning opportunities, cross-skilling, and up-skilling, we have Fractal women leading by example and inspiring others in their wake,” said Rohini Singh, Chief People Officer at Fractal. “We will continue to build a safe, diverse, equitable and inclusive environment for all.”
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