News: India, China among five most difficult markets for recruiters

Talent Acquisition

India, China among five most difficult markets for recruiters

As per the findings of Universum, a global consulting firm that helps employers improve their attractiveness to prospective jobseekers, employers around the world say that India and China are among the five most difficult markets to recruit talent highlighting the widely acknowledged skills gap that is prevalent in the region. The findings come at a time when there is increased competition across India Inc for talent acquisition, especially at the leadership level. In fact many companies are increasingly opting for honing talent internally to face this challenge. As per the survey four out of 10 employers said they were currently facing the problem of finding the right and competent people and another four in 10 said that this unavailability of right talent could be an issue in the future as well. The survey also revealed that employers in India believe the two main reasons why their top performers leave are for money, followed by new challenges for professional development in another company.

As per the findings of Universum, a global consulting firm that helps employers improve their attractiveness to prospective jobseekers, employers around the world say that India and China are among the five most difficult markets to recruit talent highlighting the widely acknowledged skills gap that is prevalent in the region. The findings come at a time when there is increased competition across India Inc for talent acquisition, especially at the leadership level. In fact many companies are increasingly opting for honing talent internally to face this challenge. As per the survey four out of 10 employers said they were currently facing the problem of finding the right and competent people and another four in 10 said that this unavailability of right talent could be an issue in the future as well. The survey also revealed that employers in India believe the two main reasons why their top performers leave are for money, followed by new challenges for professional development in another company.

Source: The Economic Times

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Topics: Talent Acquisition, #Updates, #Jobs

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