Indian employers face difficulty in finding the right talent

Updated on: Monday, October 22, 2012

Indian employers have trouble finding highly qualified people and this trend is set to continue for the next 3 years, reveals Randstad Indias latest global Workmonitor Survey 2012.

In a quarterly review that tracks jobseekers confidence and provides a comprehensive understanding of job market sentiment and trends relating to the employment market across 32 countries.

The survey shows that 65% of survey respondents predict a challenge to find highly qualified people in their respective organizations, which is much higher than the world average of 48%. And, 65% of respondents believe that this talent

crunch will continue to intensify for their businesses for the next three years. Also, 82% of the employees surveyed feel that their current job is a good match to their education or field of study. This is significantly higher in India than the rest of the world, where the average is a little over two-third. From the survey results it is evident in India that more employees follow their education with a job in a similar field than in the rest of the world.

Commenting on the findings, Mr. E. Balaji, MD & CEO, Randstad India said, “Corporate India is facing challenges to find the right talent and there is no denial about it. With the economy showing signs of growth, coupled with proactive reforms, the situation will accentuate further. If businesses have to shape their world of work with the right talent, they have to strengthen their Training & Development function. It is a good development to note that Indian businesses are working on this aspect as our survey shows.”

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