40 pc of workers in India to switch jobs this year: Study
Hyderabad: The job market in the country is going through a different trajectory and according to a new survey, about 40 per cent of workers are looking to switch jobs this year. A new research from Qualtrics reveals nearly 40 per cent of workers in the country could switch jobs this year – a figure […]
Hyderabad: The job market in the country is going through a different trajectory and according to a new survey, about 40 per cent of workers are looking to switch jobs this year. A new research from Qualtrics reveals nearly 40 per cent of workers in the country could switch jobs this year – a figure higher than most countries in South Asia, and the global average.
In terms of hybrid work being prioritised, about 60 per cent of employees say that would look for a new job if forced back to the office full time which is almost double the global average of 35 per cent. Despite respondents in India reporting some of the highest levels of engagement (85 per cent) and wellbeing (89 per cent) at work globally, only 62 per cent plan to stay with their current employer for the next 12 months, the report said.
The most popular hybrid arrangement for employees is three days remote/two in the office, followed closely by four days remote/one in the office.
The Qualtrics findings from the Qualtrics 2022 Employee Experience Trends report – highlight the critical need for employers to prioritise improving the employee experience in order to attract and retain talent in India’s competitive job market. “Prioritising employee wellbeing, creating a culture of belonging, and ensuring employees feel like their career goals can be met are also important drivers of intent to stay in India,” the report said.
“To effectively compete in the race for talent and successfully navigate challenges caused by the shift to hybrid, businesses across India must continue to adopt new mindsets, and define and iterate their ways of working. People are making career decisions based on multiple factors, meaning the ability to quickly and easily identify and respond to the issues having the biggest impact with tools like Qualtrics is a significant advantage,” said Lauren Huntington, Employee Experience Solutions Strategist for Qualtrics in India.
The Qualtrics study was carried out between August and December 2021, and includes 1,024 respondents 18 years of age or older employed full-time across a range of industries in India.
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