40% Indian Employees Will Change Jobs In Next 12 Months; 89% Reported Wellbeing (Survey Report)

Latest report on Wednesday suggests that almost 40 percent of the workers could switch jobs this year in India.

Work Condition Affecting Jobs

Despite respondents in India reporting some of the highest levels of engagement (85 per cent) and wellbeing (89 per cent) at work globally, only 62 percent of the employees plan to stay with their current employer for the next 12 months, said the experience management firm Qualtrics.

In a statement, the Employee Experience Solutions Strategist for Qualtrics in India, Lauren Huntington said, “As seen in the Qualtrics research, addressing the challenges faced are not as simple as setting new work schedules or boosting engagement,”.

Why Would This Happen?

Huntington added that “People are making career decisions based on multiple factors, meaning the ability to quickly and easily identify and respond to the issues having the biggest impact with tools like Qualtrics is a significant advantage,”.

These findings highlight the critical need for employers to prioritize improving the employee experience to attract and retain talent in India’s competitive job market.

Because, now tier-II and tier-III cities are emerging as talent hubs, and high levels of hiring sentiment.

More Challenges For Employers 

In the case of employers, they are looking to increase intent to stay among their employees in hybrid or remote environments.

This way ensuring that individuals are aligned with the strategic goals of the organization is key.

The survey said that prioritizing employee wellbeing, creating a culture of belonging, and ensuring employees feel like their career goals can be met are also important drivers of intent to stay in India.

 Further adding that successfully adopting permanent hybrid work policies in India will also be critical to attracting and retaining talent in 2022.

Interestingly, 60 percent of total 1,024 respondents said that they would look for a new job if forced back to the office full-time — which amounts to almost double the global average (35 per cent).

According to the survey, the most popular hybrid arrangement for employees is three days remote and two in the office, followed closely by four days remote and one day in the office.