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The State Bank of India (SBI) is all set to chalk out plans, regarding offering work from home option to its female employees. This option to work from home is being planned to retain the retention of women staff.
The State Bank of India (SBI) is all set to chalk out plans, regarding offering work from home option to its female employees. The bank will initially be checking the technological feasibility of allowing women employees to work from home for some functions. There are approximately 45,000 women working with the SBI, and this decision has been taken in order to retain women staff.
According to Prepsure reports, the option to work from home is being planned to retain the retention of women staff. Earlier, ICICI started the work from home option, making it easier for women, to manage home as well as job.
In March 2016 on International Women’s Day, Chanda Kochhar, managing director and chief executive officer of ICICI Bank had launched ‘iWork@home’ for women employees. Indian Institute of Technology (IIT), Delhi contributed in developing the technology platform for the ICICI Bank.
As per the initiative, the iWork initiative allows women employees to work from home for up to a year. It also allows the home option to get extended for more than one year, based on the requirements of the employee. Over 50 women have been made part of this system and more than 100 requests have been received for this. There has also been an increase in productivity where women have been enabled to work from home.
Mentioned below are the main features of iWork@home initiative:
It is first-of-its-kind programme which allows women employees to work from home
This unique programme replicates the work environment at home by giving its employees an access to work applications in a safe and secure manner
Women can work from home for one year, which can be further extended
The other initiative aids those women who travel on business, by covering the travel and stay of young children and their caregivers
State Bank of India is an Indian multinational, public sector banking and financial services company, with its headquarters in Mumbai, Maharashtra.