Amidst the current economic instability, a substantial 92% of workers experience financial strain, according to findings from the 2023 Wellness Barometer Survey. The convergence of elevated inflation rates and growing concerns about an impending recession emphasises the pressing requirement for financial preparedness. The survey exposes several elements: insufficient financial literacy, escalating debt levels, and a lack of emergency savings. This financial strain surpasses professional boundaries, impacting overall mental, social, and physical well-being.
Employee morale is pivotal in driving productivity and engagement in the digital era. As the workforce transforms into a digital work environment, new challenges and opportunities emerge. The evolution to remote work brings forth unique circumstances that directly impact morale.
Are you looking for ways to improve productivity and retention rates within your organisation? If so, implementing an effective employee incentiveprogram should be first on your priority list. And when it comes to corporate rewards, recognising and nurturing talent is crucial.
In today's fast-paced environment, employee incentive and recognition in the workplace is more critical than ever. A lack of recognition can lead to disengagement, burnout, and lack of motivation. Unfortunately, many businesses fail to prioritise employee benefits in India and lose valuable talent as a result.
We reside in a nation which is recognised for its vibrant, diverse cultures that enjoy a variety of seasonal celebrations. According to research, the Indian gifting market is anticipated to grow significantly from $119 million in 2019 to $159 million by 2025.
