Maxme Reveals Employee Trends Shaping Indian Workforce in 2024

The Future is Human
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In a rapidly evolving AI era, understanding the unique dynamics of the Indian employee experience (EX) is critical for organisations aiming to engage, support and retain their workforce. Maxme highlights the top trends defining EX in India in 2024.

AI-Empowered EmployeesArtificial intelligence (AI) is significantly impacting the Indian workforce. According to a study by workforce management giant UKG, 95% of Indian employees believe AI can enhance their quality of work life. Additionally, 62% think AI skills will be more critical than work experience in the near future. Employers must prepare their employees with the necessary skills, particularly 'soft' human skills, to thrive in an AI era. https://www.maxme.com.au/insights/leaders-rank-human-skills-as-no1-in-the-age-of-ai

Future-Proofing with a Skills-First ApproachEmployees in India are proactively upskilling to stay relevant. A report by Indeed reveals that over half believe their job skills will change significantly in the next five years, and 53% have already undertaken upskilling initiatives. 'Soft' human skills such as adaptability, collaboration, and leadership are highly valued, and 75% of employees expect their employers to support their skill development.

Low Employee WellbeingA Forrester survey indicates that more than three-quarters of Indian workers report low levels of wellbeing at work. This dissatisfaction and stress can lead to significant productivity losses. Employers must focus on improving employee wellbeing and work-life balance to enhance engagement and performance. https://www.maxme.com.au/insights/is-work-life-balance-possible-5-insights-from-corporate-leaders-wellbeing-wizards

A Restless WorkforcePwC's report shows that 42% of Indian workers are likely to change jobs within the next year. This high turnover rate reflects dissatisfaction with current conditions, with many employees seeking pay raises and promotions. Employers need to find ways to engage their workforce and demonstrate their value beyond salary increases.

Flexibility in Work ModelsFlexible work arrangements are highly prevalent in India. Nearly 44% of Indian employees work fully flexibly, with many enjoying the benefits of remote and hybrid work models. Flexibility is a significant factor in job satisfaction and productivity, with 74% of employees reporting increased productivity due to remote work. Employers must offer flexible working arrangements to support employee wellbeing.

Employers must also ensure flexible work supports employees' wellbeing to help them thrive. Communication is critical for success, which means giving and asking for feedback, and checking in regularly.

Feedback: How to give, receive, and grow from it - Maxme - We maximise human potential [https://www.maxme.com.au/insights/feedback-how-to-give-receive-and-grow-from-it]

To leverage these trends, employers should focus on developing critical human skills within their workforce. Maxme offers various programs and tools, such as its proprietary human skills app Hodie, to help employees build essential skills for the future.

More: https://www.maxme.com.au/insights/feedback-how-to-give-receive-and-grow-from-it-

About the author:

A human development company with heart, Maxme is on a mission to democratise human skill development. We do this by helping individuals, teams and organisations to understand their strengths, realise their unique potential, and thrive.

Maxme was founded by Renata (Ren) Sguario [https://www.linkedin.com/in/renata-sguario-b91b661/] - a senior executive with almost 30 years experience executing customer centred, business and tech transformations for leading organisations across the world. Her vision is to empower all humans to be their best through the provision of tools, insights and experiences they require to connect to purpose, realise their potential, and thrive. Watch & learn more about Maxme.
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Website: https://www.maxme.com.au/india



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