The Happiest Places to Work®, in association with Happiness Research Academy, has released its latest report titled “Happiness at Work – How Happy is India’s Workforce? – 2024”. This report is the result of a comprehensive All-India research exercise that examines patterns of happiness across various genders, age groups, geographies, and industry sectors within India’s urban workforce.

Key Findings:

* 70% of the Indian workforce reports being unhappy at work: A significant majority of employees across the nation are grappling with dissatisfaction in their professional lives.

* Wide disparities in happiness levels within the same age cohorts: People of the same age are experiencing vastly different levels of happiness, indicating that factors other than age play a crucial role in workplace satisfaction.

* Gender and geographical gaps in happiness: The report highlights notable differences in happiness levels between men and women across different regions and industry sectors. In the East and Central zones, women report higher levels of happiness, whereas in the North zone, men are significantly happier than women.

* Sectoral happiness rankings: The Fintech sector has emerged as the happiest industry, while the Real Estate sector is reported as the least happy.

* 54% of employees are considering leaving their organizations: This alarming statistic points to a potential wave of resignations, particularly among employees who feel unsupported or unfulfilled at work.

* Conducive environments reduce turnover: Employees who have the opportunity to pursue personal interests within a supportive environment are 60% less likely to leave their jobs.

* Millennials at risk of departure: The intention to leave is highest among Millennials, with 59% of them contemplating a job change.

* Collaboration and expression challenges: 63% of employees experience inertia in collaboration due to conflicts, while 62% struggle to express their views openly.

The “Happiness at Work” report draws its insights from a scientifically robust sample of 2,000 respondents across 18 industry sectors. The proprietary research instruments developed by the Happiness Research Academy enabled a detailed and accurate projection of these sample findings to the All-India Urban Workforce, providing a granular map of happiness within this vital demographic.

Namrata Tata, Director Happiest Places to Work® commented on the findings, stating, “This report offers crucial insights into the current state of workplace happiness in India. The stark disparities in happiness levels across different demographics and sectors are a call to action for organizations to prioritize employee well-being.”

The Happiness Research Academy plans to make this report an annual publication. With each successive report, the Academy aims to uncover trends that will become indispensable to evidence-based management practices in India.

To access the report click here: https://happiestplacestowork.in/report/#latest-report

About the Happiness Research Academy

The Happiness Research Academy is dedicated to studying and improving happiness within India’s urban workforce. Through rigorous research and innovative methodologies, the Academy provides valuable insights that drive change and promote well-being in the workplace.

About The Happiest Places to Work®

The Happiest Places to Work® is a recognized leader in promoting workplace happiness and well-being. The organization certifies companies that demonstrate a commitment to fostering a positive work environment, helping them attract and retain top talent.

For further information, please contact info@happiestplacestowork.in.

Surat, India, Shree Radhe Dairy, located in Surat, Gujarat has achieved a turnover of Rs. 100 crores for the fiscal year ended 31st March 2023 and is expected to touch the Rs. 1000 crores mark by 2026. This impressive achievement is the result of dedication and years of hard-work. The Company is focused on providing chemical & preservatives-free, high-quality and minimally processed Ghee (clarified butter) products.

The Company swears by its belief of using traditional methods of producing ghee which is made from the milk of grass-fed cows. Immense emphasis is laid on ensuring the ghee is free of artificial flavors and preservatives. This commitment to quality has helped the Company build a loyal customer base and achieve this remarkable milestone. The Company’s DNA comprises of System, Humanity and Contribution. The revenues have grown 100x since its inception in 2015 and almost doubled this fiscal year to Rs. 100 crores, compared to the last fiscal year’s revenue of Rs. 54 crores.

The Founder & Chairman Mr. Bhupat Sukhadiya hails from a modest farming background and he was managing production at a dairy plant with a salary of Rs. 2,500. To understand the market nuances, he wanted to start working on field, but his request was rejected. This being a blessing in disguise, motivated him to start his own venture. He began with a small 350 sq. ft shop in Surat and after 18 months began trading in ghee. Post this, he envisioned having his own dairy manufacturing facility, which led to the birth of Shree Radhe Dairy (popularly known as Vastu Dairy) in 2015. His belief has been to not only have a system-driven organization but also contribute to the growth and development of everyone who is a part of his ecosystem.

Mr. Bhupat Sukhadiya – Founder & Chairman, commented “This milestone is an affirmation of our commitment to quality and customer satisfaction. As we look towards the future, we are excited about the opportunities and challenges ahead of us. This milestone would not have been possible without the support of our dedicated team, loyal partners and customers. We remain steadfast in our commitment to push boundaries, and we look forward to celebrating many more milestones in the near future.”

The future plan includes expanding their reach to international markets, expansion of their manufacturing facilities and increasing customer base. While their methods are traditional, their approach is unconventional. The organization has adopted newer techniques of packaging, delivery, safety parameters and more via scientific methods. The company aims to be the leading pure ghee manufacturer and supplier in India.

About Shree Radhe Dairy (Vastu Dairy)

Shree Radhe Dairy Farm & Foods Limited is headquartered in Surat, Gujarat, India. The Company was founded in 2015 by Mr. Bhupat Sukhadiya with a vision of caring for cows and creating employment, especially for the youth of our country. The Company is in the business of manufacturing milk and milk-based products, primarily chemical-free Ghee. The manufacturing facility is spread across 75,000 sq. ft in Pipodara near Surat and has over 250 employees. In a short span of 8 years, the Company has grown rapidly with a network of over 2200 distributors and over 2 lakh retailers PAN India for the brands named Vastu, Vastu Gold and Goshala. It is one of the fastest growing dairy FMCG companies in India having grown exponentially from a turnover of 1.25 cr in 2015 to 100cr in 2023. The entire range of cow ghee, desi ghee, A2 ghee is not only available in stores, but also can be ordered online.