60% of the Indians have job-hopped: Indeed Survey
A survey by Indeed has revealed that about 60 percent of the Indian workers have job-hopped in the past.
The analysis highlights that about 56 percent of Indian workers have voluntarily left a role after only a short period. 85 percent of the survey respondents also stated that they would add a job to their resume irrespective of how long they had stayed in that role.
The rise of project-based work and contract work is said to have fuelled willingness among employees to switch roles more readily. In fact, the survey saw that 49 percent of respondents saw job hopping as an opportunity to learn new skills and over 43 percent stated job hopping could help boost their resume or identify greater job prospects.
The most prevalent reasons for leaving a position in a short period include: the job did not live up to expectations (30 percent); unhappy work environment (29percent), or they were offered a better role elsewhere (38 percent).
The job-hopping trend seems to be slightly higher amongst millennial men than women wherein, 47 percent of the latter surveyed has never voluntarily left a role after a short period, as compared to 43 percent of the former.
The mid-sized companies found to be most affected by job-hopping with 200-500 employees, in comparison to smaller organizations.
Interestingly, retention seems to be higher in traditional sectors of manufacturing with 49 percent of respondents in Manufacturing & Utilities having never voluntarily left a role after a short stint in comparison to 40 percent of respondents working in the IT & Telecom sector.
While job-hopping is not the new concept, it was found that employers have a different outlook towards job hopping. They feel staying in the same role does not always indicate the right job fit. Although 44 percent of respondents stated they have never job-hopped in the past, 7 in 10 respondents reported that they had stayed in roles longer to avoid being viewed as a job hopper.
Commenting on the survey findings, Sashi Kumar, Managing Director, Indeed India said, “The millennial workforce is an interesting cohort and the world is always curious about their next move. In recent years, many studies have been commissioned to get a deeper understanding of what they, with the reputation for job-hopping, are looking for in an employer. Employers need to devise ways in which they can retain and continue to attract this talent pool.”