In 2024, 45% of Respondents Expect Greater Work-life Balance

By Consultants Review Team Thursday, 14 December 2023

According to a poll conducted by AmbitionBox, a portal for company ratings and compensation data, 81% of respondents were satisfied with the hybrid or remote work style in 2023. A sizable 52% of employees stated a desire for it to be continued in 2024, indicating a popular aversion to returning to a traditional 5 or 6-day work week in the office. Furthermore, 30% of respondents said they would want to work fully remotely. Employee opinions and aspirations for 2024 were also reflected in the study. HR breakthroughs, trends, and conflicts dominated the year 2023. From the social media debate over the 70-hour workweek to the growth in demand for hybrid and remote work models, firms returned to in-office work following COVID-19 and widespread fears about job security due to economic turbulence.

According to the survey, 45% of respondents expect improved work-life balance next year. More than half of respondents (53%) oppose a 70-hour work week, with 66% believing that 40 to 60 hours per week is optimal for productivity and well-being. As much as 70% of respondents were optimistic about their employer's stability in 2024. In sharp contrast, 46% of respondents are extremely anxious about their job security in the future year. Furthermore, 39% of respondents are concerned about their job security in 2024.

"Understanding the trends and controversies that have shaped the HR landscape is critical for both employers and employees," said Mayur Mundada, Founder and Business Head of AmbitionBox, of the poll. Addressing these findings as we approach 2024 can help to promote a more positive and collaborative workplace. Businesses can adjust and build a workplace that matches with their employees' shifting needs and goals by understanding and responding to workforce opinions and expectations."

The survey was based on responses from a diverse pool of more than 3,400 employees, 75% of whom were male. As much as 71% of respondents were under the age of 35, with 42% aged between 25 and 34. Among sectors, the majority of respondents were from the IT services sector at 20%.


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