PayPal,
the global leader in online payments, today announced the launch of ‘Recharge’, a
unique six-week program to empower women technologists to return to work after
a personal career break. The program is designed to increase diversity in
technology, while also giving individuals who want to return to work an
opportunity to expand their experience and network.
Today
in India, close to 50% of women drop-out of work before they reach mid-career,
many of which are for personal reasons or to start a family. Studies have found
that about 90% of them do want to return to work after a break, but on top of
societal expectations, many are unsure of where to start and worry about
whether they’ve fallen behind the industry in their time away from work. This
is especially so in the fast-paced, dynamic technology industry, where the
gender ratios fall far behind other sectors in the country.
PayPal’s
Recharge program is designed to put some of these concerns to rest, and help
women technologists in India jumpstart their return to the workplace with the
confidence and skills that will make them trailblazers in the industry.
Recharge
will be rolled out in three phases, beginning with a half-day launch in Chennai
on November 19, 2015. Up to 100 women will have a chance to network
with leaders from PayPal and the industry. They will also learn about the key
first steps of getting back into the workforce, from updating their resumes to
interviewing effectively for jobs.
After
the launch, PayPal will interview these technologists and shortlist 30 of them
for a three-week technology boot camp at the PayPal India’s Technology Center
in Chennai from December 1 to 18, 2015. The boot camp will include
technology and business-oriented training to help the participants get up to
speed with the latest in the industry. This includes introductions to mobile
app development and Node.js, as well as mentorship sessions with PayPal leaders
in the center.
PayPal
will then offer full-time jobs and internships to up to 10 of the women for the
following roles (in Chennai or Bangalore):
- Software Development Engineer
- Software Development – Test Engineer
- Scrum Master
- Release Engineer
- Risk Analyst Team Leader
- Customer Service Operations
“Recharge is a
one-of-its-kind initiative that demonstrates PayPal’s commitment to building a
strong and diverse organization, and to support women in India to pursue
technical careers to their full potential.” Jayanthi Vaidyanathan,
Director, Human Resources, PayPal India. “Women are a driving force
for the economy in India. Recharge is another programme that PayPal has
launched to help bridge the gender gap at work, which if we can address as an
industry would create $2.9 trillion dollars in additional annual GDP in India
by 2025.”
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