A survey reveals that 91% of CEOs in India prefer to promote in-office employees rather than those working remotely
A recent study has revealed that 91% of CEOs in India are willing to reward employees who regularly work from the office with promotions, salary increases, and more advantageous assignments. This figure contrasts with a global average of 87%. The KPMG 2024 CEO Outlook survey indicates that Indian business leaders are firmly committed to reverting to pre-pandemic office work models.
The report, which included responses from 125 Indian CEOs, highlighted that 78% of these leaders anticipate a shift back to in-office work for their employees in the next three years, compared to 83% globally. Only 14% of the CEOs surveyed supported a fully remote workforce, while 30% favored a hybrid working model for corporate employees in the same time frame.
Sunit Sinha, partner and head of human capital advisory solutions at KPMG in India, stated, “The survey reveals that a significant number of CEOs in India foresee a future largely characterized by in-office work environments. As the trend of employees reassessing their work preferences post-COVID-19 intensifies, businesses must gain a thorough understanding of the talent landscape in India.”
This report emerges as major corporations like Amazon and Dell are urging employees to return to the office, requiring them to be on-site five days a week. These announcements have prompted substantial backlash from employees, with 73% of Amazon workers contemplating resignation.
The findings were released by Blind, an anonymous job review platform, which surveyed 2,585 Amazon employees, as reported by CNBC Make It.
Additionally, 91% of the employees expressed that they were “overwhelmingly dissatisfied” with the return-to-office mandate, with 80% stating they were aware of a colleague contemplating a job change.
Among those surveyed, 32% reported knowing someone who had already resigned in response to the memo.
In the survey, these Amazon workers indicated that CEO Andy Jassy’s announcement had significantly impacted their morale.