Money key driver of productivity in employees:Survey

By PTI   |   Monday, 04 July, 2011
Mumbai: Money or level of salary in relation to experience continues to be the key driver of productivity in workplace for the young generation in the country, says a study by leading staffing company TeamLease Services.

"Money continues to rank as top priority for 'Generation Y' and more than 80% of respondents believe that level of salary in relation to experience affects workplace productivity," according to findings by TeamLease Services in its latest survey 'Personal Attributes Affecting Workplace Productivity' as part of its study series to understand 'India's New World of Work'. This re-establishes the phrase 'money makes the world go round', it adds.

The study was undertaken across key cities in India and enlisted various personal attributes that affect productivity at workplace, and how employees feel about the same.

Health and emotional issues, along with factors like spouse’s attitude towards their career and relationship with colleagues, can impact the productivity of Indian professionals at the workplace.

Even gossip mongers have a negative impact at workplace and affect. More than 40 percent of the respondents believe that working with the opposite sex does not affect productivity, while another 47 percent feel that work is not affected by marital status.

Be that as it may, Gen Y professionals still ranks salary as the most important factor affecting workplace productivity. Almost 80 percent of the respondents say their workplace productivity is most impacted by their salary in relation to experience.

The study also gives city-wise response of professionals on productivity.

In Bangalore and Chennai, professionals rated marital status as the most important factor affecting productivity followed by health issues. However, health issue has been rated as the most dominating factor affecting productivity of professionals in cities like Mumbai and Kolkata. Mumbai is less concerned about relationship-based attributes, so it is in Pune.

In New Delhi, almost 86 percent of the professionals felt that average or simple looking people are more hardworking than those having good looks. Whereas in Hyderabad, almost three-fourth of the respondents said that working with opposite sex affects their productivity.
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