This October, stress, deep fatigue and alienation from his
family forced Vivek Gupta to quit his job as a vice-president in the
institutional equities team at one of the biggest investment banks in Mumbai.
He is 33.
All this, he says, is collateral damage inflicted by the
punishing pace of work at his former employer. "My work hours were
terrible...about 80-100 hours a week. I was not getting any time for my family
and children. Health problems such as body aches and dizziness forced me to
take a break," he says.
One month on, Gupta feels energized and refreshed. He wants
to stick with this slower pace of life - helping his children with school
admissions, concentrating on health and taking up things that interest him.
Tushar Sehgal, a 39-year-old advertising professional, has
chucked his job not once, but twice, both for the same reason. The tipping
point for his second break was being asked to work on Diwali. Sehgal was a
creative director for a growing agency; this meant managing multiple
assignments to steer the agency to a certain size. "I wanted to spend some
time with my nephew and family on Diwali and realized that quality of life was
far more precious than a fat pay cheque," he says. He took an off on Diwali
and quit soon after. He is now a freelance writer and makes corporate films.
"I keep getting calls from headhunters, but I will not go back to that
life again."
Gupta and Sehgal (both names changed on request) had enough
savings to throw away their jobs.
But thousands of India Inc executives, entrapped in their
stress-filled jobs due to poor savings and high EMIs, are sinking into
emotional distress every day.
Sixty-six per cent of working professionals in India are
suffering loneliness, 77% wish they had someone to share their highs and lows
with, and 63% feel they work harder than they want to because of competitive
work environment, reveals a survey by Cadbury India. The survey polled over
2,100 professionals in the 25-35 age group in cities including Mumbai, New
Delhi, Ahmedabad, Pune, etc. The findings were released late last month.
Psychologists and counselors say they are treating more
people for workplace-related emotional turmoil. "The numbers of such cases
have doubled over last year," says Dr Puneet Dwevedi, head of department
(mental health & behavioral science) at Fortis Healthcare "I treat
three to four working professionals every day."
Cadbury did the survey as a part of an attempt to understand
consumer psyche. It plans to use the data to craft its new advertising campaign
this festive season.
Consulting firm PwC has also been studying work-life balance. Executives at the firm say the findings are alarming. "Our research tells us that around 72% of Indian professionals work beyond regular working hours and around 92% of the population takes work home," says Kaustubh Sonalkar, executive director, people and change practice at PwC. Ninety-five per cent of the working population, ranging from Gen Y employees to top leaders, all admitted to a new form of morning sickness - checking their smart phones immediately after waking up.
Thanks for the information... I really love your blog posts... specially those on man power agency
ReplyDelete