Survey reveals 84% employees prefer a 40-50 hour workweek
What's the story
A recent study by Venator Search Partners has found that nearly 84% of respondents preferred a work week of 40-50 hours, while only a tiny minority (2%) favored a work week of over 50 hours.
In cities such as Mumbai, Bangalore, and Delhi where daily commute can take two-three hours, a whopping 90% respondents found 12-hour workdays impractical due to traffic congestions and commuting realities.
Work-life balance
Longer working hours demotivate 68% of workforce
The research, which examined key elements of workplace stress, productivity, compensation, and generational perspectives, also found that 28% of workers blame their stress on difficult bosses.
As many as 62% of employees consider unreasonable work expectations as the leading cause of their stress.
Although long working hours weren't the leading cause of stress, 68% of respondents feel longer working hours lead to a demotivated workforce and higher attrition rates.
Compensation concerns
Majority of employees don't receive overtime pay
The research also emphasized that a whopping 84% of employees are not paid extra for working beyond their hours.
This finding highlights the importance of employers aligning pay policies with hours worked to improve employee satisfaction.
The study also revealed a strong aversion to judging performance based on hours worked, with 80% of respondents favoring performance metrics based on results rather than time.
Generational divide
Generational perspectives on work-life balance
The study also delved into generational views on work-life balance.
It discovered that 66% of respondents did not see any correlation between age and preference for long working hours.
However, 30% thought that baby boomers are more likely to prefer longer hours, while only a small percentage (4%) felt the same for Gen Z.
This indicates a possible generational divide in attitudes toward work-life balance and working hours.
Information
Companies must evolve with changing needs of workforce
Venator Search Partners founder Deepraditya Datta stressed that companies must evolve with the changing needs of today's workforce. He called on businesses and employees to rethink what a healthy and productive work environment looks like in today's corporate world.