More than 30% of Indian employees want to change jobs while 71% feel overlooked for career advancement, according to a report from PwC India.
Workplaces in India have changed dramatically over the past couple of years, with huge shifts in mindset for both employers and employees.
While employers have become more focused on building a resilient workforce strategy, employees, for their part, are driven by opportunities for growth, creativity, innovation and growth. authenticity, in addition to financial rewards, said PwC’s 2022 survey of workforce hopes and fears in India.
The report is based on findings from PwC’s 2022 Global Workforce Hopes and Fears Survey. The survey included 2,608 Indian participants, 93% of whom were full-time employees.
According to the survey, 34% of respondents in India think they are extremely/very likely to change employers, compared to 19% globally.
Additionally, 32% said they planned to leave the workforce.
Millennials are the most likely to be looking for a new job, with 37% saying they are likely to change employers in the next 12 months.
While Gen Z employees are less likely to quit, around a third are extremely or very likely to ask for reduced hours.
Chaitali Mukherjee, Partner and Leader, People and Organization, PwC India, said the disruptive landscape of social, environmental, economic and geopolitical changes has had profound consequences on organizations and their workforce strategies.
Leaders need to consider these disruptions when developing their short- and long-term plans for the organization as well as their staff, Mukherjee said.
“For an organization to be future-ready, it is imperative that the employee perspective is aligned with the employer perspective to accelerate transformation with workforce dynamics in mind, with well-defined tangible steps to ensure better alignment between these two aspects,” Mukherjee said. .
More than half of survey respondents were concerned about the lack of opportunities to work with or learn technology skills from their colleagues.
This learning gap starts at the top, with more than 50% of CEOs perceiving a lack of opportunity to learn technology skills, he said.
He further said that sensitive social and political topics are increasingly prominent in workplace conversations, with 75% of employees having had conversations of this nature, highlighting the need for employers to actively create safe spaces for such conversations.
The survey also highlighted that employees expect more transparency and support to integrate environmental, social and governance (ESG) considerations into their work.
(Except for the title, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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