Work-life Balance Takes Back Seat As Technology Takes Over
Indian workforce is one of the most hard working professionals, accounting for almost 50-60 hours per week
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There is growing interrelation around the world, in both personal and work life, as well as real and virtual interactions. More than half of Indians are leading blended hybrid lives, a Live Life online survey conducted by American Express and market research firm Morning Consult has found.
According to the survey, 32 percent respondents reported spending more time at work in the last two years with 38 percent attributing it to the technology. Also, 88 percent respondents claim to be successful in integrating technology into their lives while 47 percent people want more mobile-free time. Adding to that, experiences matter more to 88 percent compared to 22 percent of people who believe in material gifts as more meaningful when celebrating milestones and relationships.
Work was more meaningful for 74 percent people in the 45-64 age group, as compared to 53 percent overall. Males are significantly more likely than females to say work is a meaningful part of their life while interestingly, those making above `20 lakh are least likely to say that work is a meaningful part of their life.
Manoj Adlakha, CEO, American Express Banking Corp, India said, “As a global business with an India presence spanning more than 90 years, we’ve witnessed the transformation in the lives of our customers. The Live Life survey highlights this gradual transformation from work-life balance to work-life integration."
The survey examines various socio-economic parameters to find that 78 percent directors in companies feel that they have been very successful in integrating technology into their lives compared to 49 percent overall otherwise. It also points out almost half of the females are significantly happier today than their male counterparts countrywide.
On the benefits of technology, males are significantly more likely than females to say that technology changes have generally allowed them to have a better work life, for instance to work outside of the office more, where they are more productive, and have work hours that are easier for everyday life.