This Is Reason Why 45% Of Indian Employees Quit Their Jobs (No, It’s Not About Money!)
In a survey conducted by LinkedIn to see the rising skills in the Asia-Pacific region, there was a line up of d 4,136 employees and 844 Learning & Development (L&D) professionals in Australia, India, Japan and Singapore on the state of workplace learning and skills requirements.
In the survey it was found that it is actually the skill set that lie at the heart of every organisation. This gives rise to the parameter of instability. It is estimated that by 2020, 42% of the core skills required for a job will change.
Why are Indians Leaving their Jobs?
The continuous shift in skills and skills instability has left 80% CEOs worried. As the demand for technology competencies increase, soft skills such as analytical thinking, active learning and creativity will retain or increase their value. This led to the discovery that 89% of executives find it difficult to find people with soft skills.
India bags 76% of world population in critical thinking and problem solving. As the market gets competitive, talent retention plays a major role in moving towards success. LinkedIn survey results show almost two in five APAC employees have left a company because there were insufficient learning and development opportunities.
45% Indian employees left the company because they felt that they lacked the necessary skills. In the survey, it was found that 82% Indian professionals feel that the skills needed to succeed are changing rapidly. The report also highlights that while employees and professionals have figured out the need for learning, 60% of employees in India feel that time is the most significant barrier in pursuing their L&D goals, while 37% believe that it is the cost factor which hinders them from learning.
Organizations, on the other hand believe that 46% feel that the lack of engaging learners act as a barrier to deliver successful L&D programs, while 44% admit that adapting training for younger employees is a challenge.
Skills are Rising Not only for Tech but Also Non-Tech Roles
These skills are in heavy demands today and require the most engaging company roles. Tech Roles include:
- Continuous Integration
- Gesture Recognition Technology
- Artificial Intelligence
- Human-Centred Design
- Frontend Web Development
Non technical soft skills enlist:
- Social Media Marketing
- Workflow Automation
- Robotic Process Automation (RPA)
In India, the top three skills that are witnessing a rise are Robotic Process Automation, Compliance, and Continuous Integration.
CEOs and entrepreneurs believe that talent drives business, and skills drive talent today. Skills are changing at raid rates and upskilling talent is the key for organizations to meet their business goals.
You can find the complete report from Linkedin here.