Following the tragic death of an Ernst & Young (EY) India chartered accountant, allegedly due to work-related stress, RPG Enterprises Chairman Harsh Goenka called on Indian companies to take immediate action to foster a healthier workplace culture. Goenka outlined six key tips for creating a more supportive environment, emphasizing the importance of prioritizing employee well-being, tackling burnout, and promoting open communication.
Results for: Employee Well-being
A staggering one-third of UK workers have left their jobs due to toxic work environments, according to a new study. Poor management practices, including fear-mongering, favoritism, and inadequate workload management, are contributing to a widespread problem. The study highlights the lack of management training and the impact of bad bosses on employee well-being and career development.
Karnataka’s proposed 14-hour workday for tech employees is facing backlash, sparking concerns about worker well-being and productivity. The move comes amidst growing awareness of the negative impacts of excessive working hours on physical and mental health, with scientific research highlighting the detrimental effects on health, productivity, and mental well-being.
The concept of ‘unhappiness leave’ is gaining traction as a means to address employee well-being and mental health in the workplace. By offering employees a certain number of days off each year specifically for mental health reasons, employers can create a more supportive and inclusive work environment. Research has shown that work stress can have significant negative impacts on both physical and mental health, leading to burnout, reduced productivity, and increased absenteeism. ‘Unhappiness leave’ policies can help to mitigate these effects by providing employees with the time and space they need to address their mental health needs. While such policies have the potential to improve employee well-being and workplace culture, it is important for employers to implement them thoughtfully and in a way that meets the individual needs of their employees.
The sudden passing of 35-year-old Bank of America associate Leo Lukenas III, a former Green Beret and a member of the bank’s Financial Institutions Group, has sent shockwaves through Wall Street. According to the New York Post, Lukenas passed away on May 2 from “acute coronary artery thrombus” after reportedly working approximately 100 hours weekly over several consecutive weeks. His death occurred just days after the completion of a $2 billion merger he had been working on.
Menstruation is still a taboo topic in many workplaces, affecting employees’ productivity and well-being. While 87% of menstruating employees experience period-related symptoms that interfere with their work, only 6.7% feel comfortable disclosing their condition to their employer. Inclusive workplaces are taking steps to address this issue by providing free period products, flexible work arrangements, and paid menstrual leave. Leaders should create a stigma-free environment where menstruators feel supported and respected.