People
The company provides a safe, productive, and conducive environment where employees can learn and develop their skills and talent. Apart from serving customers, employees innovate and develop products and services in an increasingly competitive world. We, at Titan, aim to become more diverse not just because we want to maximise the organisational effectiveness through diversity, but also because we believe that this is the right thing to do. To give all segments the representation they deserve. Building on the solid foundations of the last three decades, we are now looking at the next decade with considerable ambition. We are now committed to embedding diversity, equity, and inclusion across everything we do, focusing on three core areas - increasing our gender representation across managerial levels, strengthening diversity-enabling processes, and building a culture of inclusivity. One immediate goal for us is increasing the number of ‘Women in Retail and Sales’. We believe that retail and sales represent the more challenging functions for women representation and achievement here will create the necessary overall momentum. Towards this, we have taken the target of 25% of RBMs, ABMs, and SMs to be women by FY24. Titan is currently at par with some of the best companies to work for women with 15% gender diversity in our top management and 34% gender diversity at the entry levels.
The company also looks at modifications based on the needs and expectations of employees and in this regard, policies on travel, non-metro posting as well as parental support and benefits have been enhanced. During the year, Titan launched its very first women’s network – NoW (Network of Women). The network is aimed towards providing a platform for women across cities, businesses, functions, to share ideas, aspirations, experiences, dilemmas and also to help Titan Company create more inclusive, more equitable and more diversified teams all around.
As on 31st March 2022, the company had 7,263 employees on rolls, out of which 1,961 were women. Of the total base, 136 employees were differently abled.
