Emotional Wellbeing

Riding the Wave of Inflation: A Guide to Investments

November 11, 2022
Usha Mallya
Riding the Wave of Inflation: A Guide to Investments

Inflation is a long-term pattern of rising prices across the economy yearly. Inflation rates indicate the rate of erosion of the value of an investment over time as well as the loss of purchasing power. Investing in assets requires a return on investment consistent with their living standard. 

To overcome the effects of inflation on your investment, you must have financial planning and knowledge. Here are a few things you should know. 

Inflation: What Causes It?

Inflation occurs when the demand for an item or service exceeds the supply of that good or service. This is referred to as demand-pull inflation, and it causes price increases. 

Inflation is also caused by a rise in the cost of producing products and services. As the cost of manufacturing an item rises, manufacturers raise the selling price in order to achieve or maintain a specified profit. This is referred to as cost-pull inflation.

Here's a chart demonstrating how a lakh's value decreases over time to help you comprehend this better.

‍Inflation: What Causes It?

Financial vs Physical Investment

Physical assets can be felt, seen, touched, or held, such as real estate, precious metals, jewellery, plant and machinery, vehicles, tools, etc. These assets must be maintained, repaired, and upgraded, which can lead to expenses.

An intangible asset, such as shares, bonds, deposits in banks, accounts receivables, goodwill, copyrights, patents, etc., cannot be seen or touched, except for the records proving ownership of the asset, for example, shares, bonds, deposits in banks. The value of financial support does not depreciate or diminish with time. Nevertheless, depending on market conditions, the value of a financial asset can appreciate or depreciate.

Asset Classes and Inflation

The value of liquid assets tends to rise less over time than the value of other types of assets since inflation affects them similarly. Because of this, liquid assets are more susceptible to inflation's effects. The larger economy tends to retain fewer liquid assets when inflation rates are high.

Although illiquid assets can generate interest and grow in value, inflation also affects them. Investing in stocks, bonds, and mutual funds is one of the best ways to protect savings against inflation. In times of high inflation, people often spend their liquid assets on consumer goods or invest them in interest-paying assets.

Systematic Investment in Equity Mutual Funds

Mutual Funds offer a Systematic Investment Plan (SIP), a means of investing a fixed amount at regular intervals, say once a month or once a quarter, instead of making a lump-sum investment. Instalments could be as low as INR 500 per month and are similar to recurring deposits. Moreover, it is convenient since your bank can give you standing instructions to deduct the monthly amount.  

Here are some examples of the power of compounding

‍Systematic Investment in Equity Mutual Funds

Three Golden Rules of Investment

Start Early

It is recommended that you start early in order to gain greater financial wellbeing and to maximise your returns on investment. If you allow your investment portfolio to generate returns over time, your returns will essentially create more returns. In technical terms, this is called compounding, proving that even small investments can accumulate into large sums over time.

Invest Regularly

Regularly investing rather than attempting to time a lump sum investment can help you become a more disciplined investor. Ultimately, you must invest no matter how high or low the price is. As a result, investing becomes less emotional, and you can put your money to work more quickly.

Invest for Long Term

The relationship between volatility and time is an advantage of long-term investing. The volatility of investments held for a more extended period tends to be lower than the volatility of assets held for a shorter period. The longer you invest, the more likely you will survive market downturns.

Investments with their risk vs return potential

Three Golden Rules of Investment

Conclusion

If the returns on an investor's assets are less than the rate of inflation, even if they show profits, they will lose money. Additionally, individuals should ensure that their income increases at least as much as inflation; otherwise, they are technically earning less than they would otherwise and losing financial stability.

Corporate Wellbeing

The Silent Treatment: The Job Search Spiral of Ghosting

February 19, 2023
The Wellness Tribe Team
The Silent Treatment: The Job Search Spiral of Ghosting

Picture this: You’ve been searching for your dream job for months and finally found the perfect opportunity. You send in your application and wait anxiously for a response. Days turn into weeks, and your inbox remains eerily quiet. 

You start to wonder if your application was even received. You check the job posting, and it's still up, giving you hope. But as the days turn into weeks and you hear nothing back, your hope turns into frustration, anxiety, and uncertainty. You've been ghosted. Once reserved for bad dating etiquette, ghosting has infiltrated the job search process, leaving job seekers and employers trapped in a spiral of silence. 

In this article, we'll explore the negative impact of ghosting in the job search process and the reasons why it's happening. We'll also provide tips for improving communication during the hiring process and how technology can play a role in ending this frustrating trend. 

Left in Limbo

The Silent Treatment: The Job Search Spiral of Ghosting
Photo by Vlada Karpovich

The silent treatment of ghosting in the job search process is not just discourteous, but it can also have significant negative impacts. Firstly, when job seekers receive no response from potential employers, they are left feeling abandoned in the dark, wondering what they did wrong or if they are still being considered. In addition, the lack of communication can lead to frustration, anxiety, and uncertainty, making the job search process even more daunting.

Secondly, ghosting can damage an employer's reputation as potential candidates share their negative experiences with others, leading to missed opportunities for finding the right candidates. 

Lastly, the long-term impacts of ghosting can be significant for both job seekers and employers, as it can create a lack of trust and transparency in the hiring process. Therefore, it's time to acknowledge the negative impacts of ghosting and take steps to improve communication during the hiring process.

"When you ghost a candidate, you're not just losing them for this job, you're losing them for any future opportunities as well." - Jessica Merrell, Founder of Workology

Wandering Eyes

The rise of ghosting in the job search process begs the question: why is it happening? There are several potential reasons why job seekers and employers alike may be guilty of going radio silent.

Firstly, some job seekers may not be fully committed to the hiring process and may be exploring multiple opportunities at once. This can lead to disinterest in a particular role or company and a lack of motivation to follow up on the application.

On the other hand, employers may not prioritise communication with candidates or may be juggling multiple tasks and responsibilities. The result can be a lack of communication, leaving job seekers in the dark about their application status.

Another potential factor is the role of technology. With the rise of automated job search platforms and social media, communication during the job search process has become increasingly depersonalised. This can make it easier for job seekers and employers to avoid direct communication, leading to a higher likelihood of ghosting.

Regardless of the reasons behind it, the negative impact of ghosting in the job search process cannot be ignored. It's time to explore solutions for improving communication and preventing ghosting altogether.

Communication is Key

The Silent Treatment: The Job Search Spiral of Ghosting
Photo by Tima Miroshnichenko

It's clear that ghosting during the job search process is a frustrating and damaging trend for both job seekers and employers. Fortunately, there are steps that both parties can take to improve communication and prevent ghosting.

For job seekers:

  • Follow up after submitting an application to ensure it was received and express continued interest in the role.
  • Be patient and understanding but also assertive in following up on the status of the application.
  • Keep track of all applications and responses to stay organised and avoid confusion.

For employers:

  • Create a clear communication plan and stick to it, providing updates to candidates at every step of the hiring process.
  • Set realistic expectations for response time and follow through on commitments.
  • Utilise technology, such as automated responses and candidate tracking tools, to streamline communication and reduce the likelihood of ghosting.

By taking these steps, both job seekers and employers can work together to create a more positive and productive job search experience.

A Call to Action

In today's job market, ghosting has become an all-too-common occurrence. However, it doesn't have to be this way. By understanding the negative impact of ghosting and taking proactive steps to improve communication, job seekers and employers can work together to create a more positive and productive hiring process.

At the end of the day, clear communication and mutual respect are key to preventing ghosting and building strong relationships between job seekers and employers. So let's prioritise these values and put an end to the ghosting spiral once and for all.

As a corporate wellness company, we at The Wellness Tribe understand the importance of clear and respectful communication in all aspects of our lives, including the workplace. We believe that a positive and productive work environment starts with healthy communication, and we encourage employers to take the lead in preventing ghosting and creating a more positive hiring process for all.

Engagement

Igniting Engagement: The Power8 Way to Drive Business Growth

March 2, 2024
Nitesh Padghan

In today's rapidly changing business landscape, employee engagement is more critical than ever. A disengaged workforce can lead to low productivity, high turnover, and financial losses. On the other hand, companies with engaged employees enjoy unparalleled success – outperforming the competition, generating more revenue, and creating a positive work environment where everyone thrives.

Power8, a leading corporate wellness company, understands the intrinsic link between employee well-being and overall organizational success.  With our new initiative, Power8 Ignite, we're taking employee engagement to the next level.

What is Power8 Ignite?

Power8 Ignite is a comprehensive approach to employee engagement, designed to transform workplaces and ignite a deep  connection between employees and their work. It goes beyond surface-level activities, focusing on what truly matters to employees: feeling valued, appreciated, and inspired to contribute their best.

Why Employee Engagement Matters: The Indian Landscape

Employee engagement in India is a complex and evolving issue. While engagement levels are improving, there is still significant room for growth. A recent study found that only 22% of Indian employees are fully engaged, leaving a vast majority of the workforce operating below peak potential.  This disconnect costs businesses an estimated ₹450-500 billion annually in lost productivity and missed opportunities.

However, the outlook isn't entirely bleak. Organizations that prioritize employee engagement consistently outperform those that don't.  According to global research, highly engaged teams demonstrate:

  • 21% increase in profitability
  • 20-25% boost in productivity
  • 41% decrease in absenteeism
  • 50% higher performance against targets

Clearly, the investment in employee engagement is a worthwhile one.  That's where Power8 Ignite comes in.

The Power8 Ignite Approach

Our approach to engagement is multifaceted and personalized to meet the unique needs of each organization.  Here's what sets Power8 Ignite apart:

  • Strategic Planning: We work with you to design custom engagement initiatives that align with your company culture and goals. No cookie-cutter solutions here!
  • Engaging Content: From expert-led workshops to inspiring talks, we provide content that connects with your employees and sparks their enthusiasm.
  • Seamless Execution: Let us take care of the logistics so you can focus on building relationships with your team.
  • Creative Storytelling: We craft compelling narratives that showcase your company's commitment to employee well-being.
  • Thoughtful Appreciation: We provide unique and personalized ways to express gratitude and make employees feel valued.

Power8 Ignite in Action: Programs and Services

Ignite offers a diverse range of programs and activities that can seamlessly integrate into your workplace, whether it's virtual or in-person. Here's a sample of our offerings:

Power8 Ignite is designed to ignite engagement in ways that resonate. Whether you're looking for online sessions or in-person experiences, we'll work with you to design a program that meets your workforce's needs.  Here's how we bring Ignite to life:

Elevating Knowledge and Skills

Power8 Ignite offers a range of educational programs that empower employees to learn and grow. We partner with industry experts to offer insightful talks on current topics, covering everything from industry trends to personal development. Celebrity speakers share their unique journeys and lessons learned, inspiring employees to strive for greater success. We create opportunities for dynamic exchange by facilitating panel discussions and roundtables, where diverse perspectives illuminate complex issues.  To make learning both informational and entertaining, we incorporate quizzes and games, sparking friendly competition and knowledge retention.

Fostering Wellness from the Inside Out

A sense of well-being is crucial to a truly engaged workforce. Our experiential activities focus on holistic wellness. Nutrition workshops explore healthy eating, while stress-management sessions equip employees with coping mechanisms for a more balanced life. Interactive activities encourage movement and mindfulness, leading to a refreshed and energized team.

Building Connection and Collaboration

Positive team dynamics are at the heart of engagement. Ignite offers team-building challenges designed to foster trust, communication, and creative problem-solving.  These activities aren't just fun – they help teams develop skills that directly translate to workplace success.

Celebrating Well-being Together

We believe well-being extends beyond the workday with our focus on family-focused events. These events create space for employees to connect with their loved ones, fostering a sense of community and shared values. Our wellness flea markets provide a vibrant space for discovering products and services that support well-being, offering a unique experience for employees and their families.

The Power8 Advantage

When you partner with Power8 Ignite, you don't just get a program; you gain a dedicated ally in building a thriving workplace culture.  Our impact speaks for itself:

  • Clients Supported: We've proudly partnered with a vast range of organizations, demonstrating our adaptability and proven success in driving engagement across diverse industries.
  • Lives Touched: Our programs have positively impacted the lives of over 800,000 individuals, emphasizing the far-reaching effect of our engagement initiatives.
  • Programs Conducted: We've delivered over 5000 successful wellness programs, showcasing our experience and expertise in transforming workplaces.
  • Hours of Training: More than 7500 hours of dedicated training delivered, reflecting our commitment to ongoing learning and personal development for your employees.

Let's Ignite Your Workplace

Imagine a workplace where employees arrive each day feeling energized, valued, and excited to contribute. A workplace where collaboration flows effortlessly, problem-solving is fueled by creativity, and achieving business goals goes hand-in-hand with promoting well-being.  That's the power of an engaged workforce, and it's what Power8 Ignite can help you create.

We understand that every organization is unique. That's why we'll partner with you to design a customized Ignite engagement program that seamlessly aligns with your company's culture and goals.

Don't settle for a disengaged workforce. Contact Power8 Ignite today and let's transform your workplace into a thriving hub of productivity, innovation, and well-being.

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This month we are focusing on food and how it affects your mental health. Join us as we bring in the most relevant interesting content from across the wellness segment.

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