A holistic approach to well-being is needed among finance professionals and their employers, ranging from consideration for personal well-being and self-actualisation in the workplace to social relevance and physical and physiological safety. Nearly 80% of the finance professionals surveyed in India are interested in organization-led support for managing mental health, and almost 50% identified well-being and mental health issues as the top workplace concerns of the future. 2. Although technology is empowering, professionals continue to be concerned about its effects on employment and well-being. In India, over 90 per cent of respondents believe technology helps professionals add value, but almost 90 per cent also want more training and development from their employers.
Experts refer to a generation that is more adept at social engagement tools than core workplace ones, and 51% of Gen Z professionals in India who responded are particularly concerned about technology replacing their jobs. Another 46% of professionals between the ages of 25 and 42 feared that technology would take their jobs. 3. Opportunities for hybrid employment are crucial. The survey revealed that, in contrast to the global trend of returning to working entirely from the office, India has a significant appetite for hybrid work arrangements. The survey found that trust, communication, and accessibility to technology are all crucial to the success of hybrid working arrangements in organizations. 70% of the professionals surveyed in India are working remotely at least partially. A staggering 92 per cent of all the professionals surveyed were interested in working from home at least once a week – showing a high demand for hybrid work opportunities in the country.
4. Upskilling and reskilling is shown to drive satisfaction among professionals.
To keep up with the pace of change in the profession, the survey suggests that organizations prioritize learning and development opportunities for their finance and accountancy talent. Professionals under the age of 25 from Generation Z appeared to be more likely than older professionals to continuously acquire new abilities and skills. 5. A desire to move across borders through the profession was visible, with about 44 per cent respondents in India desiring to move across the globe within 12 months.
Satisfaction gaps captured for India depict that there is more than a sector-sensitive talent war raging, painting a picture of a more purpose-driven desire to move or stay within an organisation. In India, this finding emphasizes the significance of purpose-driven work and a positive work environment for retaining finance talent.
