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How will workplaces in India look like in 2022?

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Business Standard
Last Updated : Aug 28 2014 | 12:13 AM IST
By 2022, workplaces in India are likely to be characterised by virtual offices, employing highly-skilled or specialised individuals, on a contractual or flexible basis. Three-fourth of the respondents from India want to work for an organisation with a powerful social conscience, while over two-thirds said they want to retire before 60 years. The survey by consultancy firm PwC, 'Future of Work: A journey to 2022', quizzed 10,000 people across China, India, Germany, the UK and the US on the future of work and what it meant for them. 1,898 of these respondents were from India.

A snapshot of workplace priorities of India's Gen-next in 2022
  • 39% Would want to work in an organisation whose values match their own
 
  • 42% Would want to ideally work for themselves
     
  • 19% Want to work in an elite organisation that employs only the best
     
  • 57% Indian employees feel that technological advances will play the most important part in transforming the way they work in the next 5-10 years

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  • 81% Willing to completely re-train to remain relevant
     
  • 56% Feel that traditional employment won't be around in the future
     
  • 76% Are prepared to be always available (via technology) in return for secure employment
     
  • 39% Want a virtual work-place, where they can log in from any location (including international)
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  • 75% Want to work for an organisation with a powerful social conscience
  • Current retirement plan
    • 37% Retirement before 60 years
       
    • 63% Retirement after 60 years
    Future retirement plan
    • 68% Retirement before 60 years
       
    • 32% Retirement after 60 years

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    First Published: Aug 27 2014 | 11:50 PM IST

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