Auxilo Finserve Introduces Women-Centric Initiatives

By: WE Staff | Monday, 23 October 2023

Auxilo Finserve, a prominent education finance company, is taking significant steps to empower and support its women employees across India through a range of women-centric initiatives. These initiatives underscore the company's commitment to fostering a more inclusive and equitable work environment for women, with the aim of motivating, inspiring, and mobilizing them for enhanced career growth and opportunities.

Lakshmi Ganesh, Head of Human Resources & Administration at Auxilo Finserve, explained the company's dedication to these initiatives, stating, "At Auxilo, our women workforce currently stands at 21% of our employee base, and we recognize the unique challenges that they may face in their professional journeys. It is important to create a work environment that empowers them."

Extended Work from Home: Auxilo Finserve now offers a three-month extended work-from-home option for women employees following their maternity leave. This initiative acknowledges the importance of a flexible work environment, particularly for new mothers.

Menstrual Leaves: The company has introduced paid menstrual leaves to support the overall well-being of women employees. This provision recognizes the unique health needs of female employees.

Half-Day Half-Pay Work Options: To further enhance work-life balance and flexibility, Auxilo Finserve provides the choice of working half-days at half-pay for women employees post-maternity.

Training & Personality Development Programs: The company conducts a range of programs, including mentorship sessions, skill-sharing workshops, and women-specific development activities. These initiatives are designed to enhance career growth and skills development among female employees.

Lakshmi Ganesh emphasized that these initiatives aim to improve the work-life balance of women employees, support their overall well-being, help them through their post-maternity period, enhance their skill sets through career development initiatives, and offer mentorship sessions. She added that these initiatives are part of a broader effort to create a more inclusive and supportive work environment.

Auxilo Finserve Private Limited is a prominent non-banking finance company (NBFC) that specializes in providing education finance to students and educational institutions in India. The company has a notable track record, having provided education loans to over 10,000 aspiring students across 1,100 universities and educational institutes in more than 25 countries.

Additionally, Auxilo Finserve has extended financial support to over 150 educational institutions for their infrastructure expansion and working capital needs. These women-centric initiatives reflect the company's commitment to workplace equity and inclusivity.