M2P Fintech Launches ‘Better Half’: A Groundbreaking Initiative for Women’s Career Re-Entry

In a significant move towards enhancing gender diversity in the workforce, Prabhu Rangarajan, Co-Founder of M2P Fintech, has announced the launch of Better Half, a pioneering half-day formal employment program specifically designed for women looking to restart their careers. This initiative is not just a response to the challenges faced by women in the workforce but also a strategic effort to tap into the vast potential of female talent that often goes untapped due to societal constraints.

The Concept Behind ‘Better Half’

The name Better Half encapsulates the essence of the program: it aims to provide women with the opportunity to balance their professional aspirations with personal responsibilities. Participants in this program will contribute just five hours a day, making it the first initiative of its kind to mainstream half-day work. This flexible approach acknowledges the realities many women face, especially those who have taken career breaks for family or personal reasons.

Comprehensive Benefits for Participants

The Better Half program is designed to be more than just a job; it offers a holistic approach to career re-entry. Selected participants will benefit from:

• Formal Upskilling: Tailored training sessions to enhance skills relevant to current market demands.
• Participation in ESOPs: Employees will have the opportunity to partake in Employee Stock Ownership Plans, fostering a sense of ownership and investment in the company’s success.
• Community Support: A robust support system that encourages networking and collaboration among participants.
• Mentorship: Experienced managers will guide participants, providing valuable insights and support throughout their journey.

This comprehensive framework aims to equip women with the tools they need to thrive in a professional environment, ultimately preparing them for a smooth transition back to full-time roles.

A Gradual Path to Full-Time Employment

One of the standout features of the Better Half program is its gradual ramp-up of work hours. This thoughtful approach allows participants to ease back into the workforce, reducing the pressure often associated with a full-time job. The program is structured to culminate in a potential full-time role after 12 months, or whenever the participant feels ready to make that leap.

The Vision of Prabhu Rangarajan

Prabhu Rangarajan emphasizes the importance of women in the workforce for India to realize its full potential. He acknowledges the societal barriers that often prevent women from returning to work after a break. “We realized if there is one lesson from the past two years with Covid-19 induced work from home, people join new places of work and perform. Why not then extend this, and provide a chance to balance it with responsibilities at home?” he stated.

Rangarajan’s vision is clear: he aims for Better Half to contribute to a more balanced workforce, with a target of having 10% of M2P’s team comprised of Better Half members in the near future. This initiative is not just about filling positions; it’s about fostering an inclusive environment where diverse perspectives can thrive.

M2P Fintech: A Leader in Financial Infrastructure

Headquartered in Chennai, M2P Fintech operates in over 20 markets across Asia and North Africa, including key regions such as the United Arab Emirates, Australia, New Zealand, Nepal, the Philippines, Bahrain, and Egypt. With a workforce of over 500 employees, the company is committed to diversifying its team and enhancing gender balance within its ranks.

The launch of Better Half is a testament to M2P Fintech’s commitment to innovation and inclusivity in the workplace. By addressing the unique challenges faced by women in the workforce, the company is paving the way for a more equitable future in the financial technology sector.

A Call to Action

As the Better Half program takes flight, it invites women from various backgrounds to consider this unique opportunity to reignite their careers. With a supportive framework and a focus on skill development, M2P Fintech is not just offering jobs; it’s creating pathways for women to reclaim their professional identities and contribute meaningfully to the workforce.

This initiative stands as a beacon of hope and a model for other organizations aiming to foster inclusivity and diversity in their hiring practices.