97% of Gen Z, millennials aim to take pay cut for better work relationship
India particularly excels in fulfilment and skills aspects
About 80% mentioned that they believe in the importance of encouraging open emotional communication within the workplace.
Updated: Sep 20th, 2023
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| Representative image (Creative Commons) |
Indian knowledge workers are the happiest at work compared to their global counterparts, and for a more satisfying work relationship - 97% of Gen Z and millennial employees are willing to sacrifice a portion of their salary, a new study revealed today.
According to the HP Work Relationship Index, 50% of Indian knowledge workers show a sense of workplace contentment against only 27% of the global workforce reporting a healthy relationship with work.
“We’re seeing a major change in what matters most to India’s workforce. They’re seeking job satisfaction through flexibility, mental well-being, effective leadership, and the right tools,” said Gurpreet Singh Brar, vice president, HP India market.
The study surveyed over 15,600 respondents, including knowledge workers, IT decision-makers, and business leaders in 12 countries, with a sample size of over 1,300 respondents in India.
The survey pinpointed six key drivers of a thriving work relationship - fulfilment, leadership, people-centricity, skills, tools, and workspace.
According to the study, India particularly excels in fulfilment and skills aspects. As the landscape of work relationships is changing rapidly in India, 78% of knowledge workers reported increased expectations regarding their relationship with work in the past 2-3 years.
Moreover, the report said that only two in five knowledge workers feel confident that their company can give them the right tools to support hybrid work.
About 80% mentioned that they believe in the importance of encouraging open emotional communication within the workplace.
Business leaders also agreed, with 76% saying emotional intelligence is vital for leadership success and a strong 90% think showing empathy matters.
However, a significant gap exists as nearly half (47%) of knowledge workers feel their company’s leaders aren't meeting their emotional expectations.
(Source: IANS)
Edited for style
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