Worker optimism shaken in the wake of Covid-19 pandemic, but future outlook is positive in India: Survey

Worker optimism shaken in the wake of Covid-19 pandemic, but future outlook is positive in India: Survey [ad_1]

Financial and job security amongst employees in India has been shaken in the wake of the Covid-19 pandemic, but their outlook on the world of work in the years forward stays broadly positive, reveals the ADP Research Institute’s ‘People at Work 2021: A Global Workforce View’ research.

A press release shared by the firm says that the survey of greater than 32,000 employees in 17 nations discovered that just about 95% of employees in India have felt issues over their monetary or job safety throughout the pandemic, but round the identical quantity say they really feel optimistic about the subsequent 5 years in the office.

Interestingly, employees are extra inclined to assume that Covid-19 can have a positive relatively than unfavorable influence on points corresponding to acquiring higher flexibility and creating their expertise. Almost two thirds of respondents felt that they’d profit in each these methods over the subsequent three years.

Similarly, in the event that they have been to lose their job, two thirds of employees surveyed have been extraordinarily or very assured that they may discover one other job providing the identical job satisfaction (68%), flexibility (65%) or higher pay (65%) as their present one.

“Despite all the pressures of the pandemic and the lack of clarity around how much longer its impact will last, worker sentiment remains upbeat and the general mood appears to be one of measured confidence about prospects for the future,” stated Peter Hadley, president – Asia Pacific, at ADP.

“Although many people have been hard hit professionally, there’s a sense that what has been an extremely dark cloud could have a silver lining in various ways when it comes to the world of work. Particularly in terms of accelerating the shift towards flexible working patterns or enabling workers to develop new skills which should stand them in good stead for whatever the ‘new normal’ looks like as the global economy recovers,” Hadley added.

However, in the present panorama, the report additionally signifies that unease round monetary and job safety dominates how employees really feel since the pandemic hit. Almost the whole workforce (95%) say that in the course of the pandemic they’ve had issues over their monetary or job safety.

These fears are comprehensible, given that just about 9 in 10 (86%) report having been impacted professionally in a way on account of Covid-19. Of these impacts, half of the respondents (50%) both misplaced a job, have been furloughed or have been briefly laid off by their employer. Almost a 3rd took a pay minimize (30%), whereas 1 / 4 (25%) diminished their hours or tasks.

The report explores whether or not the results of the pandemic have impacted workers’ attitudes in direction of the present world of work and what they anticipate and hope for from the office of the future.

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