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48% of Indian employers up against talent shortage: Survey

Out of more than 42,000 employers surveyed globally, 40 per cent faced such difficulties - the highest since 2007

Press Trust of India  |  New Delhi 

48% of Indian employers up against talent shortage: Survey

Around 48 per cent in find it tough filling job positions due to lack of available talent, and the toughest are those in accounting, finance and IT, says a survey.

According to ManpowerGroup Annual Talent Shortage Survey, out of more than 42,000 surveyed globally, 40 per cent faced such difficulties — the highest since 2007.

In India, the figure stood at 48 per cent and the major reasons include lack of soft skills as cited by 36 per cent respondents and desire for more pay than an offer (34 per cent).

The job titles in demand in this year include IT personnel, accounting and finance staff, project and sales managers, customer service representatives and customer support technicians and quality controllers.

"The demand index for IT and accounting professionals has been on a continuous rise. Focus on technology upgradations and better financial access will drive the sectors' growth in coming months," said A G Rao, Group managing director of ManpowerGroup

Rao felt that increased automation will lead to a rise in high-skilled jobs. The areas which will see high demand and lucrative pay packages include big data, analytics, mobility, design, Internet of Things (IoT) and artificial intelligence.

Region-wise, 46 per cent of Asian reported hiring difficulties, with Japan (86 per cent), (73 per cent) and (69 per cent) reporting most of the challenges while just 10 per cent of Chinese faced such an issue, the lowest of all countries surveyed.

According to the report, as skills change rapidly, are looking inside for solutions, with 36 per cent of Indian choosing to develop and train their own people.

First Published: Tue, October 18 2016. 12:32 IST
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