Saturday, May 8, 2021
Home Business 93% Companies In India Looking To Fill Open Roles Internally: Report

93% Companies In India Looking To Fill Open Roles Internally: Report

According to LinkedIn's Future of Talent report, more than 9 in 10 (93 percent) companies in India are looking to fill open roles internally in the post-Covid era

According to LinkedIn’s Future of Talent report, more than 9 in 10 (93 percent) companies in India are looking to fill open roles internally in the post-Covid era. In 2020, the rate of attrition increased 1.5 times in India as employees battled long shifts while working remotely. As signals of a second wave accentuate India’s remote working needs, the report shows that HR will play an even bigger role in determining the future of talent as 9 in 10 companies agree that HR will now play a key role in helping organizations streamline their business, shape their strategy, and hire more efficiently, even beyond Covid-19.

The pandemic has introduced significant internal shifts within companies. This, coupled with India’s historically competitive talent market, is fuelling the rise of internal mobility across companies today. According to LinkedIn’s Future of Talent report, more than 9 in 10 (93 percent) companies in India are looking to fill open roles internally in the post-Covid era.

Follow NewsGram on LinkedIn to know what’s happening around the world.

 

Diving deeper into the reasons for this surge in internal hiring, the report shows that 7 in 10 companies in India hire internally to gain an insider’s perspective or a sense of progress. The report also states that when hiring internally, the top 3 skills that companies in India look for are good communication, problem-solving skills, and time management.

Companies
The pandemic has introduced significant internal shifts within companies. Pixabay

To keep pace with today’s rapidly digitizing business needs, companies are also keen to upgrade the capabilities of their workforce. Taking the cue, 95 percent of companies in India have dedicated L&D programs to help employees learn new skills and prepare for the future, according to the Future of Talent 2021 report.

ALSO READ: Teenager Suffers Rare Nerve Disorder Post Covid19 Treatment

While skills take the centre stage, many companies in India are also leaning on data analytics to tap into relevant talent pools when hiring today. LinkedIn’s research shows that 91 percent of companies in India use data to make informed talent-hiring decisions while 53 percent frequently use data to map skills with open position requirements. To make remote hiring even more efficient, 9 in 10 companies are also merging roles to reduce talent acquisition costs today.

“As remote work continues to disrupt the way we work, HR will play a greater role in helping companies absorb new hiring trends to build the future of talent. In 2021, India will see more companies merge roles, upskill their employees, and hire internally to maximize business growth without expanding operational costs. Data-led hiring practices will also play a critical role in helping firms engage with their employees, attract the right talent, and hire more effectively in 2021. It’s evident that companies today are realizing that businesses succeed when their people succeed,” says Ruchee Anand, Director, Talent, and Learning Solutions, Linkedin. (IANS/JC)

STAY CONNECTED

19,511FansLike
362FollowersFollow
1,773FollowersFollow

Most Popular

Black Fungal Infections Can Turn Dangerous If Left Untreated

Mucormycosis, also known as black fungus, can turn dangerous if left untreated, doctors said on Friday amid reports of re-emergence of the rare deadly...

How Fast Payout Casino Works

Online casino game sites use and accept different payment methods. The depositing process is simple and takes just a few seconds, but the online...

The Ancient Maya: History And Culture

By- Khushi Bisht Civilizations refer to a dynamic lifestyle that developed as humans started to build advanced and urban societies. From the Mesopotamians to the...

What’s Next In Podcast World 2021?

Let us take our chances and say that you are tempted to skip reading this entire article, apart from the key pointers. But imagine...

Fix Your Gummy Smile By These Treatment Options

Everyone tends to experience something they are self-conscious about. For some people, a gummy smile which is known as an excessive gingival display is...

Participate In Fitness Challenges And Win Some Great Prizes

As the pandemic continues to grip the country, it is becoming challenging for us to keep our spirits high. Fitness is no longer a...

Study: COVID Precautions Causing Dermatitis In Two-Thirds Of The Population

More than two-thirds of people may now have hand dermatitis due to stringent hand washing and using alcohol-based rubs during the Covid-19 pandemic, indicating...

Natural Herbs For Stress And Anxiety Relief

The ongoing Covid-19 pandemic has struck both people's mental health and physical health, with necessary protocols like social distancing and restricted mobility making the...

Recent Comments