70% of the Indian workforce reports being unhappy at work, reveals report. It was also found that despite being in the same age cohort, individuals were experiencing vastly different levels of happiness, indicating that elements such as work culture, environment and personal circumstances play a crucial role.
Furthermore, gender and geographical gaps also play a pivotal role in happiness. In the east and central zones, women report higher levels of happiness, while in the North zone, men are significantly happier, according to the report. Among different sectors, the Fintech industry has ranked as the happiest, while the Real Estate sector has been reported as the least happy.
“This report offers crucial insights into the current state of workplace happiness in India. The stark disparities in happiness levels across different demographics and sectors are a call to action for organisations to prioritise employee well-being,” Namrata Tata, director, Happiest Places to Work®, said.
Additionally, it was also found that 54% of employees are considering leaving their organisations. The study suggests that a lack of personal fulfilment and insufficient support systems could be driving this trend. However, the report also highlights that employees who are encouraged to pursue their personal interests within a supportive work environment are 60% less likely to leave their jobs.
“The report underscores a fundamental truth: happy people are more productive, more engaged, and more committed to the workplace,” Harsh Goenka, chairman, RPG Group, added.
Millennials are particularly at risk of departure with 59% contemplating a job change. 63% of employees experiencing difficulties in teamwork due to conflicts, and 62% struggling to openly express their views, the report added.