DIVERSITY, EQUITY & INCLUSION We believe that progress is genuinely inclusive only when everyone rises together. Our Diversity, Equity, and inclusion (DEI) strategy reflects this commitment, embedding fairness, opportunity, and representation into every part of our employee lifecycle. Led by the Group Diversity Council, our DEI efforts are grounded in data, tracked through a metrics-driven scorecard, and tailored to empower underrepresented groups—including women, veterans, persons with disabilities (PWD), gig workers, and returning professionals. POLICY FRAMEWORK • Equal Opportunity Policy: No hiring, promotion, or exit discrimination based on gender or disability. • POSH Awareness & Training: 'Speak Up' campaigns, Ethics Counsellor sessions, and multilingual content roll-out. • Five-Year Maternity Policy - Mahindra introduced a comprehensive Five-Year Maternity Policy in FY24, recognising the unique needs of working mothers. It offers pre-birth support, including travel comfort and 75% IVF reimbursement (up to 2 cycles), followed by 26 weeks of maternity leave and 45 days for miscarriage recovery. Post-maternity, mothers benefit from childcare reimbursement, 6 months of flexible work and 24 months of hybrid work options, supporting a smooth transition back to work. HIRING WITH INCLUSION • 'Hire Right' Program: Training hiring managers to eliminate bias and promote inclusive hiring. • Bias-Free Job Descriptions: Use AI-enhanced tools to ensure inclusive, gender-neutral language. • Female Referral Incentive: 25% bonus for female candidate referrals to boost gender diversity. • Focused Hiring Channels: Partnerships with Military2Corp (veterans), Flexing It (gig workers), and Wisdom Circle (retirees). • SOAR – Second Career Program: Tailored for women returning to work, with professional support and flexible work options. EMPLOYEE RESOURCE GROUPS (ERGS) • Locally driven ERGs support DEI goals, enabling community-building and personal growth aligned to site-level needs. DIVERSITY GOVERNANCE & MEASUREMENT • Leadership-level tracking of gender ratios, talent program coverage, and appraisal equity. • Interview slate tracking to ensure underrepresented candidates are present at early recruitment stages. 25% referral bonus for recommending women candidates, reinforcing inclusive hiring goals. 4,500+ employees engaged across DEI-focused programs from “She is on the Rise” to “Generation Valuable” and “SOAR – Mahindra’s flagship returnship program”. Rise For A More Equal World | 65 MAHINDRA & MAHINDRA LTD.
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