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Business Standard
20-05-2025
- Health
- Business Standard
Most Indian corporate employees face emotional distress, HCL Healthcare finds
If you have been feeling unusually tired, anxious, or emotionally drained at work lately, you are far from alone. A new report by HCL Healthcare, a division of the HCL Group, has found that emotional struggles are intensifying within India's corporate corridors—what it calls a wake-up call businesses can no longer afford to ignore. What the HCL Healthcare emotional wellness report found After analysing more than 4,200 emotional wellness consultations across five major companies, HCL Healthcare found that 84 per cent of employees reported low mood or depressive thoughts, while 59 per cent showed signs of moderate to severe anxiety. Sleep deprivation was another key factor, with nearly half the workforce getting less than seven hours of rest, and one in five employees reporting consistently poor sleep quality. Personal issues now drive more stress than performance pressure According to the report, it is not just deadlines or key performance indicators (KPIs), but deep-rooted emotional fatigue—often from strained relationships, unresolved personal conflicts, or lack of mental reset—that is quietly derailing productivity. 'Over 60 per cent of employee stress actually comes from personal and relationship issues, not career pressure,' said Shikhar Malhotra, Director, HCL Corporation and CEO, HCL Healthcare. 'When ignored, these struggles quietly eat into engagement and trust. For companies, investing in emotional health delivers clear returns: fewer sick leaves and absences, higher productivity, and stronger retention.' Studies have found that emotional stress could affect how people consume food which could also lead to junk food addiction and problems related to overeating and nutrient deficiency. Top reasons employees are emotionally struggling HCL Healthcare's data identifies five key emotional challenges in Indian workspaces: Self-esteem and overthinking (34 per cent): Loneliness and intrusive thoughts affect emotional balance. Relationship and family stress (27 per cent): Domestic strain spills into professional lives. Pre-existing mental health conditions (18 per cent): Anxiety, OCD, bipolar disorder, and depression remain under-addressed. Career-related stress (14 per cent): Work-life imbalance, unclear goals, or burnout contribute to poor mental health. Chronic illness-related distress (5 per cent): Ongoing health issues impact focus and mood. Emotional wellbeing now seen as a core business issue According to Malhotra, this is not just a mental health issue, it is a business issue. Emotional wellbeing now plays a central role in productivity, retention, and innovation. In fact, organisations that have invested in timely emotional support and preventive care have seen up to 2.5 times return on investment (ROI), according to HCL Healthcare. How companies can support employee emotional health The report urges India Inc to go beyond token wellness days and instead focus on systemic change. Key recommendations include: Make support accessible: Set up on-site clinics or 24x7 digital platforms where employees can consult mental health experts without stigma. Normalise mental health conversations: Integrate wellbeing into leadership communication, peer support groups, and routine check-ins. Train emotionally aware managers: Equip leaders to recognise distress and refer staff to professional help—therapy, family counselling, or wellness tools. Creating emotionally safe workplaces is the new leadership benchmark 'This is not just about fewer sick leaves or higher output,' Malhotra added. 'It is about creating a workplace where people can show up as whole individuals, not just professionals. That is the new benchmark of great leadership.'
Time of India
30-04-2025
- Business
- Time of India
Tech sector cautiously optimistic; cost pressures may spur opportunities: HCL Group's Roshni Nadar
Live Events Amid the ongoing global trade cross-currents, the tech industry remains "cautiously optimistic" and believes that tariff and inflationary pressures in the US may trigger cost-optimisation moves leading to "opportunities" for Indian IT companies, Roshni Nadar Malhotra, Chairperson of HCL Group has said. Roshni Nadar Malhotra - ranked fifth among the world's wealthiest women - termed the trade and tariff situation as "a double-edged sword"."We remain cautiously optimistic because we work for customers across these industries which could be impacted by tariffs, not us as an industry directly, especially in the largest markets, which is in the US," she said on the sidelines of an the same time, there is a realisation that the only way to counter tariff pressures, and indeed any rise in inflation, is cost optimisation."That is where technology can help, so it is a bit of a double-edged sword in terms of what is happening, but there are opportunities," she top boss of HCL Technologies , Nadar scripted history when she became the first Indian to step into the top 10 in Hurun Global Rich List 2025 for climb to the coveted spot came after her father Shiv Nadar, the billionaire founder of HCL Technologies , transferred 47 per cent of his stake in HCL Corporation and Vama Sundari Investments (Vama Delhi) to her - a move that made her the largest shareholder of the $12 billion tech comments come at a time when the Indian IT industry's narrative post-Q4 performance has been largely subdued, as macro uncertainties compounded by global trade woes are seen to be eroding sentiments and weighing on business USD 280 billion Indian IT sector is not directly hit by Trump 's tariff order on goods, per se, but it does derive a sizeable chunk of revenue from servicing clients in the US, a market some say is staring at an increased risk of slowdown, or worse -- and the US are meanwhile engaged in talks to hammer out a bilateral trade agreement that would avoid reciprocal tariffs. A 26 per cent 'reciprocal' tariff on Indian exports to the US is currently on a 90-day pause, set to expire on July 8. However, like other countries, India is presently subject to a 10 per cent tariff under the existing this week, US Treasury Secretary Scott Bessent said that India is likely to be among the first countries to finalise a bilateral trade agreement with America to avert reciprocal tariffs by President Donald such, India's IT services sector has been facing growth headwinds over the past quarters with clients in the US and the EU closely scrutinising tech spends amid economic pressures, while increased AI fascination had compounded fears of reduced job creation globally. Adding to the woes now, prospects of global economic wars, given the US' tariff offensive on trading partners and major allies, has deepened worry lines about slowdown in the United States, and uncertainties this month, HCL Technologies posted an 8.1 per cent increase in consolidated net profit at Rs 4,307 crore for March quarter 2024-25, mainly on account of large deals with a total contract value of about Rs 25,500 had logged a profit of Rs 3,986 crore for the same period a year from operations increased 6.1% to Rs 30,246 crore from Rs 28,499 crore in the March quarter of the year ended March 31, 2025, HCL Technologies posted an increase of about 11 per cent in net profit at Rs 17,390 crore from Rs 15,710 crore in FY24. Revenue from operations rose 6.5 per cent to Rs 1,17,055 crore FY26, the company expects revenue growth of 2-5 per cent on year-on-year basis in constant currency terms and its services revenue growth too is expected to be in the same range which is higher than its major the guidance, HCL Tech CEO and Managing Director C Vijayakumar had recently said that discretionary spending will continue to be subdued in this environment."Geopolitical factors like tariff and deglobalisation are expected to impact IT services. In the coming months, it will be an important topic to observe and monitor the ongoing development."As we look beyond the uncertain short term, I strongly believe there will be strong growth opportunities emerging out of the market uncertainty," he had said.
