Indian Millennials and Gen Z showed resilience and optimism during the COVID-19 pandemic, according to the Deloitte Global Millennial Survey.
The survey consisted of two parts: a “primary” survey of 18,426 millennials and Gen Zs across 43 countries conducted between November 2019 and early January 2020, and a “pulse” survey of 9,100 individuals over 13 countries taken between April and May of 2020 in the midst of the worldwide pandemic. Indian respondents were a part of both surveys. Many questions from the first study were repeated to gauge the effect of the pandemic on opinions.
In the primary survey, 54% of Gen Zs and 57% of millennials in India said they were stressed all or most of the time. Respondents cited family welfare, long-term finances, and job prospects as primary sources of stress.
Despite the slight declines seen in the pulse survey, stress and mental wellness remain critical issues for young generations and these issues are manifested in work settings. Approximately 69% of millennials and 67% Gen Zs took time off work due to stress before the pandemic, though some of them told their employers it was for a different reason. Encouragingly, flexible working arrangements—which were widely implemented as a result of the pandemic—may present one solution. 86% of millennials and 83% of Gen Zs agreed having the option to work from home in the future would relieve stress.
“While organisations focus on upskilling and reskilling, there is a need to encourage a culture in which it’s okay to ask for help, to care for each other, and to address emotional distress in an environment free of judgement and misconceptions,” said Nathan. “Millennials and Gen Zs have been delivering results over the past few months in spite of a way of working that’s new to most. So it’s only justified that organisations should do their part to alleviate people’s stress levels,” he added.
The report also highlights how the consequences of the pandemic have drastically affected the careers of young workers.
“The COVID-19 pandemic has radically shifted our way of life—how we work, socialise, shop, and more—and young generations were especially impacted,” says Michele Parmelee, Deloitte Global Chief People and Purpose Officer. “However, despite uncertain and discouraging conditions, millennials and Gen Zs express impressive resiliency and a resolve to improve the world. As we rebuild our economies and society, young people will be critical in shaping the world that emerges.”
Has COVID-19 forever changed the way we live and work?
Trending
-
SBI General Insurance Launches Digital Health Campaign
-
CredR Rolls Out 'Life Happens' Leave For Its Employees
-
Meesho Announces 30-Week Gender-Neutral Parental Leave Policy
-
Microsoft Unveils Tech Resilience Curriculum To Foster An Inclusive Future
-
60% Indian Professionals Looking For Job Change Due To COVID: Survey
-
SpringPeople And Siemens Collaborate For Digital Transformation Push
-
86% Professionals Believe Hybrid Work Is Essential For Work Life Balance: Report
-
Almost 1 In Every 3 People's Personal Life Affected Due To Work Stress
-
Meesho Rolls Out Reset And Recharge Policy For Employees
-
80% Of Talent Leaders & Academics Say Pandemic Changed Skill Needs For Youth: Report
-
Hero Electric Rolls Out 'Hero Care' Program For Employees
-
Human Capital In Collaboration With ASSOCHAM Hosts Virtual Conference
-
IKEA India, Tata STRIVE Collaborate To Create Employability And Entrepreneurship Opportunities
-
SAP India, Microsoft Launch Tech Skilling Program for Young Women
-
DXC Technology, NASSCOM Collaborate For Employability Skills Program
-
Lenskart To Hire Over 2000 Employees Across India By 2022
-
Mindtree Launches Learn-and-Earn Program
-
Tata AIA Extends 'Raksha Ka Teeka' To Its Employees
-
Swadesh Behera Is The New CPO Of Titan
-
NetConnect Global Plans To Recruit 5000 Tech Professionals In India
-
Hubhopper Plans To Hire 60% Of Indian Podcasters By 2022
-
Corporate India Needs More Women In Leadership Roles: Report
-
Aon to Invest $30 Million and Create 10,000 Apprenticeships by 2030
-
Tech Mahindra Launches ‘Gift a Career’ Initiative for Upskilling of Youth
-
40% Women Prefer Flexible Working Options in Post-COVID World: Survey
-
3 out of 4 companies believe they can effectively hire employees virtually: Report
-
Vodafone , CGI and NASSCOM Foundation launch digital skills platform
-
Odisha: Bank, postal employees to deliver cash for elderly, differently-abled persons
-
Skill India launches AI-based digital platform for "Skilled Workforce"
-
Hiring activity declines 6.73% in first quarter: Survey
-
70% startups impacted by COVID-19 pandemic
-
Bajaj Allianz Life ropes in Santanu Banerjee as CHRO
-
Over 70 Percent MSMEs look at cutting jobs to sustain businesses
-
93 Per Cent employees stressed about returning to office post-lockdown
-
Johnson & Johnson India announces family benefits for same gender partners
-
Indian firms turning friendly towards working mothers
-
Welspun India names Rajendra Mehta as new CHRO
-
Wipro partners with NASSCOM to launch Future Skills platform
Human Capital is niche media organisation for HR and Corporate. Our aim is to create an outstanding user experience for all our clients, readers, employers and employees through inspiring, industry-leading content pieces in the form of case studies, analysis, expert reports, authored articles and blogs. We cover topics such as talent acquisition, learning and development, diversity and inclusion, leadership, compensation, recruitment and many more.
Subscribe Now
Comment