Study Reveals Majority of Most Countries are Workaholics
Technology has helped workaholic Indians to achieve a better work-life balance. This is according to a new study from Accenture entitled Defining Success, which found that 64% of Indians describe themselves as workaholics, and their reliance on technology to strike improve their corporate wellness has increased more than ever.
The global research found that 91% of those surveyed in India report that a widespread use of technology has enabled them to achieve a more ‘flexible’ work schedule. Things were similar in China and Indonesia, where 94% and 90% of workers, respectively, have found that the latest technological developments have helped them to create a more balanced schedule. At 72%, Saudis topped the list of workaholics, and even they agreed that technology has helped them manage to simplify their lives. Again, it was a whopping 91% who said that technology had been instrumental in managing the responsibilities of work and home effectively.
The research by the technology consulting firm noted that the remaining concentration of workaholic professionals came from Philippines (61%), Indonesia and South Africa (58%). Professionals globally reported on just how important life outside work is, with 60% of the Indians surveyed saying it was vital towards achieving a balanced life and overall sense of wellbeing.
The study also revealed that if your company is sensitive to this trend, it will likely see strong employee engagement, and be at an advantage in terms of being able to recruit and retain high performers. According to Omar Boulos, managing director of Accenture Middle East, the study has major implications for high-performing companies in the region. He commented, ‘Today’s professionals have clearly stated what success means to them, and innovative companies will ensure they find ways to support them.’
But what does success mean to today’s professionals? When they were asked to define success, nearly 55% of Indians equated it to financial reward, while 59% of Chinese respondents agreed with this definition. Those surveyed from the UAE were the most concerned with financial gain, as roughly 60% of them put salary gains as the most important measure of success in workplace. 57% of respondents in the US, and 57% of those surveyed in Malaysia, measured success by financial reward. The report added, ‘Moreover, 75% of Chinese respondents believe that ‘recognition’ defines success, followed by Singapore (59%), India (53%) and the UAE and Germany (52%).’
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