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Industry Research : 48% of Indian Employers Struggle to Find the Right Candidate
The battle for the right candidate continues to rage as 48% of Indian employers struggle to find the right candidate for the job. A study on Talent Shortage by staffing firm Manpower Group shows that although down by 19% from last year, India's hunt for suitable employees is high compared to global average of 34%.
The profiles on demand have also altered since same period last year. While it was difficult to hunt for R&D, sales manager and IT staff last year, this year the positions are for IT staff, marketing/public relations/communication staff and engineers. Personal assistants, call centre operators, researchers are also hard to find this year. Professions like labourers, doctors that had made it to the list have been struck off this time.
Lack of available candidates, technical competencies amongst those present,refusal to move to another location, poor image of the occupation, weak soft skills and demand for a higher salary have been key reasons in Asia Pacific for the posts to remain vacant.
"Owing to high growth in the IT sector and increase in the social media presence of organizations, there has been a surge in the demand for IT staff and marketing/communications staff," said Sanjay Pandit, MD, Manpower Group. "The regulatory reforms, government skill development initiatives and drop in the demand from European markets have contributed considerably towards reducing employers' difficulty in filling position," he added.
Training the present lot with additional skill sets may aid the firm in tiding over the lag for a period."Alarmingly, employers are less concerned about the impact talent shortages are having on clients and investors, with only 48% employers reporting talent shortages as opposed to 67% last year," said Pandit. "Employers may not think leaving important positions unfilled is a problem now, but they will in years to come when it will be too late. Access to talent is the key competitive differentiator in the Human Age, and the companies that succeed in this new ecosystem will be those that employ a comprehensive workforce strategy closely aligned with business strategy," the MD of the staffing group added.
Posted by Veronica Silva Cusi, news correspondent
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Published: Friday, May 25, 2012