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Article

2 Dec 2015

Author:
Vikas Dhoot, Hindu

India: Young employees signal an end to trade unions, says Deloitte-CII survey

The survey of over 8,000 employees in a dozen large firms including Mahindra & Mahindra, Tata Steel and Hindustan Unilever, was carried out by Deloitte and the Confederation of Indian Industry (CII) to understand the implications of the demographic shift on factory shop-floors due to the induction of Gen Y or the millennials...over 60 per cent of young workers (in the age groups of 20 to 35 years) choose to stay away from the collective bargaining mechanisms that unions offer...The survey covered contract workers as well as permanent employees from sectors like automobiles, steel and fast moving consumer goods across the country. Unlike their older colleagues, GEN Y employees rated career growth as their most critical parameter at the workplace, rather than the employer’s brand or a culture that promotes work-life balance...Most unionised employees neither preferred to change jobs for better opportunities, nor did they want to move to new geographies.