Chennai and Bengaluru, November 15, 2018: PayPal, the global leader in digital payments, today announced the launch of its third edition of Recharge, a unique six-week program focused on empowering women technologists to get back to the workforce after taking time off to explore their passions, develop interests, spend time or take care of their family. This program is a part of PayPal’s commitment in India towards nurturing a culture of diversity and inclusion in the technology industry.
Recharge has equipped women technologists with the skills and confidence required to help jumpstart their careers after a break and has grown from strength to strength since its inception in 2016.
- 48% of Indian women abort careers mid-way
- 62% women would either quit, take breaks or move to organizations that are more women-friendly for overall family care
- Launched in 2016
- Expanded to include Bangalore in 2017
- Over 1500 applications received over two years
- 75 women invited for boot camp
“Reports suggest that India could increase its GDP by 16-60% by 2025 by simply enabling women to participate in the economy at par with men. At PayPal, we strongly believe that a diverse work force generates diversity in thought process and creativity which enables us to provide a better customer experience. Over the last two years, our Recharge program, has received over 1500 applications that we have hired from, reflecting the potential of this workgroup and the untapped opportunity for us to further the growth of women in technology.” says Jayanthi Vaidyanathan, Senior Director, Human Resources, PayPal.
Commenting on the initiative, Abirami Mahadevan, an ex- Recharger and current PayPal employee said, “PayPal’s Recharge is definitely a game changer program that provides women and mothers like me, an excellent opportunity to restart my career. Moreover, I also have the flexibility in my schedule to manage work and home seamlessly. Although we cannot go back and start again, we can make a brand-new beginning. Thank you, PayPal, for helping me through this journey!”
Recharge will be launched in Bangalore and Chennai on December 17th and 19th respectively. PayPal Recharge program will give women an opportunity to network with leaders from PayPal and the industry; bring them up to speed on the latest technologies and business; and also equip them with softer aspects such as resume writing, and interviewing.
Recharge is open to women who have taken a career break for a period of 1-5 years, with at least 5 years of work experience in product, product development, data, analytics, and operations. Interested applicants can submit their resumes to firstname.lastname@example.org. Registrations will close on December 15, 2018.
Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal Holdings, Inc. (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal's 254 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.
For information on how PayPal works, visit www.paypal.in
For more global information on PayPal, visit www.paypal.in/about