News: Corporate India facing challenge to find right talent

Talent Acquisition

Corporate India facing challenge to find right talent

According to Randstad India's global Workmonitor Survey 2012, Indian employers have trouble finding the right candidate for the right job and this trend is set to continue for the next three years, as the economy is showing signs of reforms. The quarterly review that tracks jobseekers confidence and provides a comprehensive understanding of job market, shows that 65 percent respondents predict a challenge to find highly qualified people in their respective organisations, much higher than the world average of 48 percent. In addition, amongst all the countries surveyed, India has the highest employee mobility index of 142. The consistent trend over nine surveys confirms that the war for talent continues to be a major challenge for organisations in India. The survey further states that in India, more than half of employees (55 percent) are overqualified and one-third are under-qualified for their current jobs.

According to Randstad India's global Workmonitor Survey 2012, Indian employers have trouble finding the right candidate for the right job and this trend is set to continue for the next three years, as the economy is showing signs of reforms. The quarterly review that tracks jobseekers confidence and provides a comprehensive understanding of job market, shows that 65 percent respondents predict a challenge to find highly qualified people in their respective organisations, much higher than the world average of 48 percent. In addition, amongst all the countries surveyed, India has the highest employee mobility index of 142. The consistent trend over nine surveys confirms that the war for talent continues to be a major challenge for organisations in India. The survey further states that in India, more than half of employees (55 percent) are overqualified and one-third are under-qualified for their current jobs.
 

Source: The Economic Times

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Topics: Talent Acquisition, #Updates, #Jobs

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