By K. Srinivasa Rao
Kembai Srinivasa Rao is a former banker who teaches and usually writes on Macroeconomy, Monetary policy developments, Risk Management, Corporate Governance, and the BFSI sector.
July 22, 2025 at 10:25 AM IST
A senior bank executive took his life in July, leaving behind a note that cited relentless work pressure. Just weeks earlier, a tech worker in Kerala and a young chartered accountant in Mumbai met the same fate. Behind these tragedies lies a troubling truth: the workplace has become a quiet killer.
India’s corporate sector has spent decades building systems to monitor performance, boost output, and chase growth. However, it has failed to establish an equally robust architecture to safeguard the mental health and emotional well-being of its workers. In this equation, work-life balance is not a soft HR concept. It is a strategic tool for retaining talent, preventing burnout, and ensuring sustainable productivity.
The phrase “work-life balance” may sound outdated to some. It first gained currency in the UK in the 1970s and was adopted in India’s corporate vocabulary by the late 1990s, particularly in the IT, banking, and multinational sectors. Since then, the term has often been treated as a matter of individual choice or managerial benevolence. That is a mistake.
Why balance matters
At its core, work-life balance is not about clocking fewer hours; it's about striking a balance between work and life. It is about granting employees the autonomy to manage both professional and personal roles without constant conflict. Done right, it reduces burnout, boosts job satisfaction, and improves health outcomes.
There is ample evidence that supporting work-life balance pays off. Employees who are mentally refreshed and emotionally resilient are more engaged, more creative, and more likely to stay. Companies that take this seriously see lower absenteeism and better retention. It strengthens the employer brand and improves hiring outcomes. These are not abstract HR benefits, they are tangible gains to the bottom line.
Yet, many corporate leaders remain wary. They fear that flexible hours, remote work options, or mental health days could slow execution or reduce accountability. This anxiety leads to a culture of “always on,” where being visible, responsive, and overworked becomes a proxy for performance. In reality, such cultures erode performance over time. Short-term surges of effort may boost output. But chronic overwork breeds fatigue, lowers accuracy, and stifles creativity. It drives talent out and fosters mistrust within.
Line Managers
Most large firms today have well-crafted performance management systems, often featuring templates for goal setting, periodic reviews, and 360-degree feedback. Yet these systems usually break down on the shop floor. Why?
Because line managers, tasked with achieving quarterly goals, often override HR principles in the name of business exigency. They assign workloads unequally, set unrealistic deadlines, and apply subjective filters to performance assessments. Over time, these distortions become the norm. Toxicity seeps in not through intent, but through unchecked discretion.
In this environment, even talented employees, eager to prove themselves in a competitive job market, struggle to push back. They keep absorbing the pressure until their health breaks down, their families intervene, or they walk away. In some cases, tragically, the exit is permanent.
India’s evolving gig economy, the pressures of upskilling in an AI-led world, and the growing mismatch between expectations and rewards have created new fault lines in the workplace. Boards and leadership teams must now ask: Are we building performance systems that empower people, or are we slowly hollowing them out?
Hard Reset
The current approach to performance management needs a serious overhaul. Organisations must embed work-life balance into measurable metrics, not just in HR manuals, but in everyday operations. That means tracking not just output but input quality, employee well-being, and burnout signals. Line managers must be trained and monitored to ensure fair delegation and inclusive work allocation.
Boards should take direct ownership of culture audits. Compensation must be transparently linked to sustainable productivity, not just availability. Employees must be given the confidence that refusing excessive workloads will not negatively impact their appraisal or career prospects.
A workplace cannot be effective if it erodes the mental health of its people. India’s young workforce is its greatest asset, but that demographic dividend will be lost if we burn them out before they turn 40.
The concept of work-life balance must be reaffirmed, not as a nostalgic return to a simpler time, but as a pragmatic strategy to retain talent and build a competitive advantage. In the long run, a happy, healthy workforce delivers more than an overworked one. India Inc must act before the toll becomes too high to bear.