LinkedIn launched a new report which unveiled that in 2022, 82% of the Indian workforce would be looking for a job change. The report also covers the general mood of the responders which reveals that despite the pandemic, India’s workforce is optimistic about the future of work.
According to the study, the Great Reshuffle in India is being led by 94% of freshers with up to one year of work experience and 87% of Gen Z professionals, who are more likely to consider changing jobs in 2022. The survey also reveals that professionals are leaving their current jobs due to poor work-life balance (30%), not enough money (28%), or greater career ambitions (23%).
The critical point to observe is that flexible working arrangements is the top priority for the professionals who are looking to switch jobs.
The research discusses the points of how the 45 % of the Indian workforce cares about their job roles & careers while the overall job availability gets better in 2022 at 38%. As per the responses, 86% of professionals in India say they are confident about the strength of their professional networks as they enter into the new year looking for new job opportunities.
The top reasons observed in the report on how companies can convince professionals in India to stay includes better salary (42%), more appreciation (36%), and improved work-life balance (34%). Yet these findings go for a toss while indicating a glaring disparity in the perception of men and women towards how they are being compensated by their current employers today.
According to the survey, working women (37%) are 1.3x more likely to quit their current job due to poor work-life balance, when compared to working men (28%). They are also more likely (49%) to say they will remain with their current employer if they get better pay, when compared to working men (39%). This may be a wake up call for employers to revisit their compensation benefits and ensure more inclusivity through their offerings.
As per the report, some of rising job profiles of 2022 include Affiliate Marketing Specialist, Site Reliability Engineer, Molecular Biologist, Wellness Specialist, User Experience Researcher, Machine Learning Engineer, Recruitment Associate, Data Science Specialist and more.
Ankit Vengurlekar, Managing Editor, LinkedIn News India said,“The pandemic has spurred people to rethink their careers and look for new job opportunities to meet their renewed purpose and priorities in life. As confidence in new opportunities grows, it is evident that the Great Reshuffle in India is clearly being led by job seekers, and talent is in the driver’s seat right now — with flexibility as their no. 1 priority today.”