Professionals in India ready to accept lower salary for better work-life balance, finds report

Almost 86 percent of professionals in India will be looking for a new career prospect in the duration of the next six months, a report by professional recruitment services firm Michael Page stated. This comes as offices across the country gear up to open after two years of work from home.

However, the report also finds out that monetary benefits are no longer the only incentives professionals are looking for. 61 percent of the respondents in India are willing to accept a lower salary and forgo pay hikes and/or promotions. After wading through a health crisis, professionals now yearn for a better work-life balance and their overall well-being.

“Individuals are placing increased importance on company culture, sense of purpose, and leadership ahead of company brands and promotions. Organisations that have great company culture will likely experience a competitive advantage,” said, Nicolas Dumoulin, senior managing director, Michael Page India and Thailand.