Part 1
WFH disrupts the social nature of human beings
Other factors such as the fear of the unknown worsen the problem:
Pallab Mukherji believes that WFH goes against the social nature of a human being, and people tend to miss the camaraderie that they enjoy at office
When the office shifted to home with the pandemic raging, many felt they are safer in the initial stages as they could avoid the rigmarole of commute and peak hour rush and help in increasing job fulfilment. But that initial shine is dimming. Many studies indicate mental breakdowns are common and domestic clashes are rampant during the pandemic. Man being a social animal, working in isolation from the confines of homes can create loneliness and isolation, which can lead to deteriorating mental health.
This has now become a matter of concern for HR professionals and is haunting the familial ties. To what extent have the lockdown and WFH contributed to this situation?
Pallab Mukherji, Chief People Officer at Equitas Small Finance Bank, admits that mental health is a concern both at home and office. Though working from home seemed a lot safer and easier in its initial period when the pandemic kicked in, he says the cracks have now widened causing rampant burnouts and breakdowns. “WFH fundamentally changes the way the employee has ever worked in his/her life and any change is difficult. WFH goes against the social nature of a human being and people tend to miss the camaraderie that they can enjoy at office,” he explains.
MAJOR CONCERNS
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
It's a bank and a brokerage - FinecoBank
FinecoBank of Italy is a highly tech-enabled bank that is a combination of a bank and a brokerage:
A model for cloud adoption - Zurich Cantonal Bank
The bank is had opted for cloud to offer better service to its customers:
RBI Governor urges NBFCs to adhere to fair practices code
The Reserve Bank of India (RBI) Governor has urged Non-Banking Financial Companies (NBFCs) to strictly adhere to the Fair Practices Code, emphasizing sustainable growth and robust risk management in the sector.
Automated, Adaptive, Al-enabled Architecture is a must
Security heads from 2 BFSI companies reveal the key cyberfrauds and strategies to combat them:
Fraudsters too gain ground as real-time payment systems grow
There is a need for the technologies behind the real-time payment systems to gain a march over the methods of fraudsters:
Ethics & Challenges of AI in Cyber security: Navigating the Moral Maze
Even as AI is finding its place in the cyber security domain, an entirely new frontier of ethical challenges awaits.
Bangladesh Finance: 25% faster customer service; 15% higher customer retention
Bangladesh Finance, established in 1999, is a leading financial institution in Bangladesh.
Fino sparkles with technology & brand upshift
Fino Payments Bank started operations in June 2017, providing banking services to mass market customers, who are largely rural-based.
Savington Upshifts: 48% Faster, Churn down 31%
Savington International Insurance Brokers LLC, founded in 2006 by Dev Maitra, is a prominent insurance provider in the UAE.
Zoroastrian Bank: Multiple awards for being the Best
Established in 1927 by Sir Hormusjee Cowasjee Dinshaw Adenwalla, Zoroastrian Bank is a prominent urban cooperative bank headquartered in Mumbai, India.