The 2024 Gallup State of the Global Workplace report highlights significant concerns regarding the wellbeing of Indian employees.
According to the report, a mere 14% of Indian employees feel they are “thriving,” while the remaining 86% describe themselves as “struggling” or “suffering.” This is considerably lower than the global average, where 34% of employees report thriving.
Gallup’s Life Evaluation Index categorizes respondents based on their present life situation and future outlook into three groups: thriving, struggling, and suffering. Thriving individuals have a positive current life situation and a positive outlook for the next five years.
Those classified as struggling have uncertain or negative views of their present life, marked by stress and financial concerns. Those suffering report significant distress and a lack of basic necessities, alongside a negative future outlook.
In South Asia, only 15% of employees feel they are thriving, with India showing one of the lowest rates at 14%, just behind Nepal at 22%.
Additionally, 35% of Indian respondents reported experiencing daily anger, the highest in the region, although only 32% experienced daily stress, which is lower compared to other South Asian countries.
Despite these challenges, India shows a higher employee engagement rate of 32%, which is above the global average of 23%. This data suggests that while Indian employees face significant wellbeing issues, their level of engagement at work remains relatively strong.
It’s a real matter of concern and institutions must act spontaneously, as the role of human assets well being can’t be overlooked to reach bigger goals!!
By @Parashar for NewzQuest