Half of Indian employees stressed by work & personal finances

The Regus survey, canvassing the opinions ofover 16,000 professionals across the globe, found that over half (51%) ofIndian respondents say their stress levels have risen over the past year.

A number of factors such as work, personalfinances, and commute to work as well as continuing instability in the worldeconomy are thought to have fuelled this growing pressure and respondentsconfirm that most stress triggers are of a professional rather than personalnature, with their job, personal finances and customers topping the list ofcauses.

The research also focused on possible solutionsand found that nearly three quarters (72%) of Indian respondents identifyflexible working as a way of cutting stress.

Key findings are:-

·Maincauses of stress are: work (51%), personal finances (50%) and customer/clients(41%);

·72%of respondents say flexible working reduces stress;

  • More than half (56%) of respondents think flexible working is more family- friendly;
  • Small business workers were more likely to be stressed by customers (45%) than large business workers (34%), but were less vexed by management (30%) than their counterparts in larger firms (51%);
  • With 49% of respondents saying that flexible working is also cheaper than fixed location working and 81% that it improves productivity it would seem that helping staff to de-stress is also highly cost-effective;

Madhusudan Thakur, Regional Vice-President,South Asia, Regus comments: “Without a doubt stressed-out workers are unhappyand unhealthy workers too, so businesses that want to help their staff leadmore rewarding lives cannot fail to analyse and tackle levels of stress withintheir organisation. Yet the heavy toll of stress falls not only on workers, butalso on businesses as they that find their staff is unable toperform as required, needs more sick leave and is less efficient.

Confirming previous Regus research showing that 58% of workers feelhealthier directly as a result of flexible working,[1]respondents clearly identify flexible working as one possible solution to theirhigh stress levels. In addition to this they also report flexibility ismore family friendly, helping improve their overall work-life balance andwell-being. This is particularly relevant in India where women are reportedlythe most stressed globally as they struggle to balance traditional childrearing and housekeeping roles alongside modern work environment pressures.[2] Add to this that flexible working isbelieved to improve productivity and to cost less than traditional officeworking and the case for helping employees to de-stress by increasingflexibility becomes substantial.

HR consultants feel that levels of stresscontinue to increase across the world with workers getting closer and closer to‘burnout’. In the short term this means losing valuable workers and dealingwith lower productivity as staff battle it out with stress related healthproblems, insomnia and exhaustion, but the long term effects of this pressureare still difficult to predict and could be disastrous.”

- Ends –

[1]Regus, Flexibility drives productivity, February 2012

[2] Time, Study:Indian women are the most stressed on earth, July 13th 2011