You are here: Home » Companies » News
Business Standard

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 India.

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.

RECOMMENDED FOR YOU

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

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

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.
image
Business Standard
177 22

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

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 India.

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.

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard