HYDERABAD: India’s tech companies have stepped up their recreation to attract extra millennial and Gen Z staff to their workplaces. From providing limitless sick depart to giving them time without work to bond with their pets or benefit from the firm of their getting older grandparents, companies are doing all this and extra to retain the younger workforce and improve their productiveness.
According to the India Technology Industry Compensation Benchmarking Survey 2024 by Deloitte India and Nasscom, many companies earmark “well-being days” and provide becoming a member of bonuses, albeit tied to a two-12 months clawback. The survey was carried out throughout over 200 tech firms nationwide. “With Gen Z prioritizing work-life balancemental health and professional growth, it’s essential for companies to adapt their approaches to attract and retain this emerging talent,” states the report.
Benefits provided to Gen Z goal to forestall burnout, up productiveness
These advantages are geared toward stopping “employee burnout” and making certain a sustainable workforce whereas enhancing general effectively-being and productiveness.
The different focus areas are serving to staff develop by integrating AI expertise, bettering ladies’s illustration inside organizations, and providing reward applications that align with the brand new technology.
“Just this year, our company started observing well-being week. We get a day off to take care of our mental health. The company also reimburses our gym membership and gives Rs 25,000 annually to buy well-being equipment,” stated Vishal B , a 27-12 months-previous working with an MNC in Hyderabad.
Saketh S, an IT skilled primarily based in Hyderabad, stated his workplace calendar contains “live music days”, aside from a “grandparents’ day” and a “journaling day” to maintain everybody motivated to show up at work. “These days help us unwind and return to work with pumped-up energy,” he stated.
Tech firm founders admit to being extra “accommodating” with Gen Z with an eye fixed on “better output”.
“I have noticed that Gen Z needs more emotional support. They need their space. Be it in communicating or vacation hours, we are more flexible with them. It is also true that although they might ask for more leave, they give more than 100 % when at work,” stated Gopi Krishna Lakkepuram, founding father of Hyperleap AI.
The Deloitte India-Nasscom report additionally highlights how the younger useful resource pool is usually given the choice to personalize their work hours and even areas to realize a greater work-life steadiness.
