Women adapt bet­ter to work en­vi­ron­ment

Banking Frontiers - - Cover Story -

Bank­ing Fron­tiers: When was the last time you have seen a huge in­crease in hap­pi­ness among em­ploy­ees? Or a huge de­cline?

Deo Shankar Tri­pathi, CEO, Aad­har Hous­ing Fi­nance: Our com­pany has grown ex­po­nen­tially in the past 3 years: 2015 to 2016, 2016 to 17 and 2017 to 2018. At the end of last year, we set am­bi­tious tar­gets that we did not know we could meet. But we set the bar high none­the­less be­cause we ex­pect top per­for­mance from our­selves and our em­ploy­ees. So, I was very glad to see that peo­ple in the com­pany man­aged to achieve their tar­gets and achieve many of the dif­fi­cult and am­bi­tious goals we set for our­selves. Their drive and mo­ti­va­tion en­cour­aged their per­for­mance at work and, as a re­sult, the com­pany did bet­ter than it ever has before. There­fore, the busi­ness pros­pered too as our rev­enues and col­lec­tions were ro­bust and prof­itable. This made em­ploy­ees very proud of their work.

In my ex­ten­sive ex­pe­ri­ence in var­i­ous lead­er­ship roles, I have no­ticed that when the fi­nan­cial health of a com­pany is strong, the em­ploy­ees feel hap­pier and more se­cure in their lives. This is an in­ter­de­pen­dent phe­nom­e­non as well: the more a com­pany per­forms well, the hap­pier and more sat­is­fied em­ploy­ees be­come be­cause they also reap the ben­e­fits through bonuses, pay ap­praisals, and other perks and fi­nan­cial in­cen­tives. When em­ploy­ees are cheer­ful and self-as­sured, they bring that op­ti­mistic and con­fi­dent en­ergy to work with them. This kind of aura changes the of­fice en­tirely be­cause em­ploy­ees get in­creas­ingly mo­ti­vated to keep per­form­ing bet­ter and bet­ter. And even­tu­ally, the com­pany also ben­e­fits from this pos­i­tive and de­ter­mined attitude.

In many things in life, men and women have quite dif­fer­ent expectatio­ns. Do you find men and women hav­ing sim­i­lar or dif­fer­ent expectatio­ns about work re­lated suc­cess and hap­pi­ness?

The fact that the men and women sur­veyed by Bank­ing Fron­tiers re­ported sim­i­lar lev­els of hap­pi­ness is def­i­nitely in­ter­est­ing, es­pe­cially be­cause men make up a large ma­jor­ity of the re­spon­dents - about two-thirds. I will an­swer both ques­tions on the dif­fer­ence or sim­i­lar­ity be­tween men and women’s hap­pi­ness be­cause they are connected and com­plex.

Many of us prob­a­bly think that men and women have very dif­fer­ent - and some­times op­po­site - expectatio­ns from life, in­clud­ing in the work­place. Some of us may be­lieve that women pre­fer a smoother and less hec­tic pace at work be­cause they are geared to­wards fam­ily life. Oth­ers may think that men are more ca­reer-ori­ented or focused on pro­fes­sional suc­cess. How­ever, these opin­ions might be out­dated. In re­cent years, women em­pow­er­ment move­ments have steadily gained speed and we need not guess at what women want or ex­pect be­cause they simply tell us.

Women ex­pect to be treated equal to men in the work­place for the same work. The more re­spect­ful and eq­ui­table a pro­fes­sional en­vi­ron­ment is, the more likely it is that women will be hap­pier there. Women are also more con­tent when they have a good work-life bal­ance and friendly but pro­fes­sional em­ploy­ers. An­other im­por­tant fac­tor for women in the work­place is hav­ing fe­male lead­ers at all lev­els of man­age­ment who can serve as men­tors and role mod­els. Hav­ing women in po­si­tions of in­flu­ence through­out the com­pany ben­e­fits em­ploy­ers as well be­cause they are able to rep­re­sent other fe­male em­ploy­ees and even tar­get au­di­ences for prod­ucts who may be women.

Women, es­pe­cially those who want to be moth­ers, will be more sat­is­fied with flex­i­bil­ity and paid leave. Hence, building a work cul­ture that is con­ducive to fam­ily-building like al­low­ing re­mote work, pro­vid­ing child­care or babysit­ting fa­cil­i­ties, and giv­ing the opportunit­y to make up for emer­gency leaves can aid hap­pi­ness, whether the par­ent is a man or a woman.

Hence, it seems that women and men do not have rad­i­cally dif­fer­ent expectatio­ns, which is also what the sur­vey re­sults are telling us. Both are happy with fair treat­ment, good work­ing and pro­fes­sional re­la­tion­ships, and the opportunit­y to rise through the ranks and with­out com­pro­mis­ing on their per­sonal lives in the process by miss­ing fam­ily func­tions like wed­dings and birthdays.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.