According to the Great Place To Work® India research, on an average about 22% of employees in the IT sector are experiencing workplace burnout as compared to 24% at other workplaces. To narrow it down 23% of Generation Z, 25% of Millennials & 15% of Generation X are experiencing burnout; not motivated to work or continue their current job. The survey collected data from 15 lacs+ employees, including 37% women & 63% men, from 455 firms.
More than 40% of companies have a workforce that is experiencing more than the average (22%) industry employee burnout. Employee burnout is most impacted by controlled decision-making, lack of encouraging work-life balance, and reserved & ambiguous communication. Whereas leaders at best workplaces are better able to mitigate and facilitate well-being among employees. The reports states that leaders at best workplaces acknowledge and support their workforce, with 18% vs 24% at other workplaces experiencing workplace burnout.
Sharing her thoughts on the same, Ms. Yeshasvini Ramaswamy, Serial Entrepreneur & CEO, Great Place To Work, India said “It is difficult to envisage any business that has not reaped the benefits of the digital revolution. Despite of uncertain global scenario, the IT industry has consistently augmented the growth of India’s knowledge economy. The industry has also been instrumental in strengthening India’s digital capabilities making huge strides in deep tech, AI and AR offering an entirely new gamut of opportunities in terms of job and value creation.”
She also said, “Technology companies have been regarded as leaders in forward-thinking and innovative workplace cultures. The Pandemic gained impetus along with the wave of startups has made it imperative for organizations to focus on their people with technology becoming real-time and user experience becoming global. Despite witnessing phenomena like great resignation and quiet quitting, organizations are on their way to cracking the code as there has been a 2% improvement in the overall employee experience in the IT & IT-BPM sector since last year. Congratulations to all our winners for this coveted recognition. I am confident that the industry and its leaders will continue to set global benchmarks in workplace culture. “
The report also reveals that younger workforce is experiencing more burnout, intent to leave, lack of motivation and trends of quiet quitting are the same across the workforce. To narrow it down, 55% of the Gen Z employees’ intent to leave the organization, 49% are facing lack of motivation & 29% are intent to quit.
