92 percent of Indians feel robots can help them advance in their careers better than humans.
According to a global research, 89 percent of Indian employees feel 'trapped' emotionally and professionally; 96 percent of Indians think their definition of success has altered since the epidemic began; and 97 percent of Indians want technology to assist determine their future.
According to a recent survey by Oracle and Workplace Intelligence, an HR research and advising organization, people are turning to robots to help them advance in their careers after the COVID-19 epidemic left them feeling lonely and detached from their own lives. The research of almost 14,600 employees, managers, HR leaders, and C-level executives from 13 countries discovered that individuals all over the world have felt stuck in their personal and professional lives, but they are ready to reclaim control of their destiny.
The worldwide worker is lonely, unconnected, and uncontrollable :
After more than a year of lockdown and the ongoing uncertainty caused by the epidemic, many employees are in mental anguish, believing that their lives and careers are out of control. Workers all over the world have been badly impacted in the last year, with those in India and the UAE suffering the most, but also being the most open to technological assistance. The recent year has impacted 80 percent of individuals badly, with many struggling financially (29 percent), suffering from worsening mental health (28 percent), lacking professional drive (25 percent), and feeling detached from their own life (23 percent). The percentage of Indians who fall into this category of negatively impacted persons is (91%), with many (44%) struggling financially, (36%) suffering from decreasing mental health, (32%), lacking professional drive, and (31%), feeling detached from their own life.
Sixty-two percent believe that 2021 will be the most stressful year at work in history. Greater than half (52 percent) of respondents reported having more problems with their mental health at work in 2021 than in 2020. In 2021, (68 percent) of Indian respondents reported having greater problems with mental health at work than in 2020.
Since the start of the epidemic, the number of individuals worldwide who believe they have little to no control over their personal and professional life has more than doubled. Individuals worldwide reported losing control of their futures (43 percent), personal lives (46 percent), careers (41 percent), and relationships (39 percent), but in India (67 percent), people reported losing control of their personal lives, careers (60 percent), and relationships (39 percent) (55 percent )
76 percent of individuals feel stuck in their personal life, with 31 percent experiencing fear about their future, 27 percent feeling caught in the same routine, and more loneliness than ever before (26 percent). Here, (87%) of Indian respondents feel stuck in their personal life during the last year, (40%) are anxious about their future, (30%) are caught in the routine time loop, and (28%) are more lonely than ever before.
People are eager to make changes, yet they face significant obstacles.
Despite recent challenges, people all across the world are keen to make improvements in their working life.
93 percent of individuals used the last year to reflect on their lives, and 88 percent said the definition of success has shifted for them since the epidemic, with work-life balance (42 percent), mental wellness (37 percent), and workplace flexibility (33 percent) all being top considerations. The majority of Indians (96%) said the meaning of 'success' has changed for them since the pandemic and understood that achievement is now more connected, more than half (52%) are attaining job satisfaction, (44%) are prioritizing mental health, (49%) have flexibility over when and where they work, and (44%) say having a meaningful job contributes more to their success than a steady paycheck.
75 percent feel professionally trapped because they lack prospects for advancement (25 percent) and are too overwhelmed to make any adjustments (22 percent). In India, 30% of people felt they didn't have enough opportunities to advance their careers, 33% felt too overwhelmed to make any changes, 63% are concerned that the rise of robots and technology will render their skills obsolete in the future, and nearly (37%) felt their skills became stale due to changing work environments in the previous year.
70 percent of individuals believe being trapped in their profession has harmed their personal life by increasing stress and worry (40 percent), leading to feeling stuck personally (29 percent), and diverting attention away from their personal lives (27 percent). (83 percent) of the Indian workforce reports feeling trapped in their careers, which has harmed their personal lives by adding extra stress and worry (50 percent), leading to feeling stuck personally (41 percent), and diverting attention away from their personal lives (41 percent ).
Although 83 percent of individuals are eager to make a change, 76 percent report substantial hurdles. Financial insecurity (22%) is the most common barrier, followed by not understanding what job move is best for them (20%), not feeling secure enough to make a shift (20%), and seeing no possibilities for advancement at their employer (20%). (20 percent). (97 percent) of the workforce in India wishes to change careers in the next year, yet (85 percent) face substantial roadblocks. (38%) are struggling financially, (27% are unsure what job move is best for them), and (22% are not confident enough to make a shift.
Going into 2022, professional growth is top of mind, with many prepared to forego crucial privileges such as vacation time (52%), monetary incentives (51%), and even a portion of their pay (43%), in exchange for new career chances. Here, (80 percent) of professionals (respondents from India) indicate they would give up vacation time, (77 percent) would sacrifice a monetary bonus, and (76 percent) would even give up a portion of their wages.
However, 85 percent of the worldwide workforce is dissatisfied with the help provided by their company. They want firms to give greater learning and skill development (34%), more pay (31%), and opportunity for different jobs inside their company (30 percent).
Employees all across the world are eager to learn new skills and are looking to technology for assistance:
Employers must pay more attention to employee demands than ever before and harness technology to give greater assistance in order to retain and cultivate top talent in the face of changing workplace dynamics.
85 percent of people want technology to help them determine their future by recognizing abilities they need to acquire (36%) and offering strategies to master new skills (36%). (32 percent). In India, 97 percent of individuals want technology to help them define their future; (49%) by identifying the skills they need to develop, (52%), by offering methods to gain new abilities, and (49%), by giving next steps to proceed toward professional objectives. 75% of people worldwide and 91% in India would make life adjustments based on robot suggestions.
Robots, according to 82 percent of respondents, can better assist their careers than humans by providing fair advice (37 percent), rapidly addressing queries about their professions (33 percent), and discovering new opportunities that match their present talents (32 percent). In this parameter, (92 percent) of Indian respondents believe that robots can better support their career development than humans, (44 percent) believe that robots are better at giving unbiased recommendations, (46 percent) believe that robots are better at delivering resources tailored to current skills or goals, (50 percent) believe that robots are better at quickly answering questions about their career, and (44 percent) believe that robots are better at finding new jobs that fit their current skills.
People believe people still play an important role in professional development and that humans are better at providing help by offering to advise based on personal experience (46%), identifying strengths and shortcomings (44%), and seeing beyond a CV to select opportunities that match personalities (41 percent). (50%) of Indian respondents believe that humans are better at delivering advice based on personal experience, (54%) recognize strengths and weaknesses, (50%) look beyond a CV to propose careers that match their personality, and (48%) provide personal recommendations for new professions or roles. Globally, 87 percent say their firm should do more to listen to their requirements, while (94 percent) believe their company should do more to listen to their needs in India. 55% (globally) and 81% (in India) are more likely to stay with a firm that leverages modern technology such as AI to assist career progression.
Supporting Quotes:
'The last year and a half have transformed how we work, including where we work and, for many individuals, for whom we work. While there have been many obstacles for both employees and employers, this has been a chance to improve the workplace,' said Dan Schawbel, managing partner at Workplace Intelligence. 'The findings clearly demonstrate that investing in skills and career development is now a critical differentiator for employers, as it plays a large role in employees feeling in control of their personal and professional life.' Businesses that invest in their workers and assist them in finding possibilities will benefit from a productive and engaged staff.'
'The epidemic has hastened the adoption of digital technology across industries, with the goal of transforming the Indian landscape into a digitally empowered society and a knowledge economy. Whereas remote working and the constant pressure to win the race have worsened anxiety and loneliness, endangering employees' mental health 'explained Deepa Param Singhal, Vice President, Human Capital Management, Oracle Asia Pacific.
'Given the reopening of sectors and offices, CHROs, business leaders, and decision-makers must adjust to the current situation. Furthermore, AI integration is required to navigate the new world of work, which has just been flipped upside down. Organizations must adjust to shifting economic conditions while also recognizing the latent promise of advanced technologies. This would not only raise employee productivity, but it will also help the country's economic situation 'She continued,
read more at :
1) How Artificial intelligence, Machine learning and 5g can impact 2022
2) ai-at-work
Methodology :
Savanta, Inc. conducted a study in the United States, the United Kingdom, the United Arab Emirates, France, the Netherlands, Germany, Brazil, India, Japan, South Korea, Singapore, and Australia between July 27 and August 17, 2021. In order to conduct this poll, 14,639 C-suite executives, HR leaders, managers, and full-time employees were asked broad questions on the influence of COVID-19 on the workplace, AI and career advancement, and AI adoption in the workplace. The study's participants were full-time employees aged 22 to 74. Respondents were recruited to join the panels and engage in market research surveys using a variety of different procedures and sources. Prior to taking part in surveys, all panelists had to go through a double opt-in process and complete an average of 300 profiling data points. Participants are encouraged to participate by email and are given a little financial reward to do so. Any sample's results are subject to sampling fluctuation. The size of the fluctuation is quantifiable and is influenced by a couple of meetings and the percentages used to describe the results. In this study, the chances are 95 in 100 that the result of the survey does not differ by more than 0.8 percentage points from the results derived if interviews were done with all people in the universe covered by the group.