Indian companies still have a long way to go to combat workplace stress
Workplace stressand mental well-being of employees has been a key issue that is being addressed by employers.
- Workplace anxiety causes low productivity in employees — costing the global economy nearly $1 trillion, every year.
In India, which is the most overworked country in the world, work-related stress can have serious consequences. Portrayed as a ‘silent killer,’ stress has been reportedly termed as the root of depression and workplace anxiety in India.
The ‘Sick’ work culture
So why are Indian workers so stressed? According to a recent LinkedIn report, majority of the workforce in India is stressed due to workload, fear of job loss and office politics.
“By a sick or dysfunctional culture I mean they can’t talk about their problems. Tech distraction is just a problem like any other and what we find is the companies that struggle with technological distraction have all kinds of other skeletons in the closet, all kinds of other things that people don’t want to talk about,” said author Nir Eyal.
A few companies are now brushing up their Human Resource (HR) practices to create a work-life balance for their employees.
“Workplaces that promote mental health and support people with mental disorders are more likely to reduce absenteeism, increased productivity and economic gains,” WHO said.
Amit Sharma, Group CEO eExpedise.com believes that there needs to be a mindset change towards wellness. “Corporates need to have a dedicated department and skilled professionals to run this programme, and should be accountable for the same.”
“The approach should be to manage complete lifecycle, from assessment to intervention, implementation and monitoring,” he added.
Nearly 80% of top 200 companies in India invest their funds under CSR (Corporate Social Responsibility) in health or education. However, prioritising mental wellness is still a milestone, according to an ET report.
Startups and global companies including WeWork, E&Y, American Express and Accenture have put policies in place to cope with
E&Y made a cultural shift by encouraging employees to communicate personal challenges and problems within the organisation. Indian startup WeWork initiated a programme called the ‘right to disconnect.’ The startup floated policies which allow employees to feel free and switch off on weekends and non-working hours — from 9 pm to 7 am.
Other global giants — Hindustan Unilever, Pidilite Industries — have been strongly opposing ‘Late working policy’, to support employees.
Indians were asked what they would do in their free time if they could work for four days a week — and their answers are unexpected
AdvertisementIn India, employees are prioritising ‘remote work policy’ while taking up a job — and will even take a pay cut
Popular on BI
- Seeking nominations for the 2024 rising stars of adtech
- Eli Lilly stock will surge 29% over the next year with its weight-loss drug on pace to do $60 billion in sales by 2030, BofA says
- A millennial who quit her office job to live in a school bus explains what her lifestyle costs and how she makes 6 figures freelancing
- Know what are the 7 signs and symptoms of high cholesterol in your body
- Tata Motors to demerge biz into two separate listed companies
- Best drinks for constipation relief and digestive ease
- 10 Reasons why you should opt for plant-based diet
- Discover peace at India's most calming hideout: top 10 stress-free places in India