Saturday February 24, 2018
Home Business More than 50 ...

More than 50 Percent of Indians plan to quit jobs right after the completion of 12 months in their respective current jobs: Study

Despite the favorable attitude towards the job, Indians feel that they can't be themselves at the workplace.

0
//
190
expressive writing
Stressing over tasks is not going to help achieve targets. But turns out writing about it can. (Representational Image ), Pixabay
Republish
Reprint

March 22, 2017: According to the Mercer study, it is noted that more than half (54 percent) of the Indians plan to quit their jobs right after the completion of 12 months in their respective current jobs. The Mercer’s 2017 Global Talent Trends Study states that even the employees that are not planning to leave their current roles feel laggard and are not been able to pose their real self at work and are unlikely to thrive in a collaborative and innovation workplace.

Mercer’s study reveals the insights from over 7,500 perspectives globally, 461 of these in India, and parallels the views of senior business executives, HR leaders, and employees from organizations around the world.

Ilya Bonic, President of Mercer’s Career business stated, “In an age where digitization, robotics, and AI are wreaking havoc with traditional business models, it is easy for executives to focus on superior technology as the solution to ensuring the competitiveness of their organizations and to overlook the human element,”.

Bonic further concluded that growth hinges on engaging and empowering present manpower in ways that we are just beginning to tap. It takes employees loaded with the right skills and opportunities to develop innovative solutions to advance the business and themselves.

In addition to it, the Mercer Global survey propagated that whilst Indian companies want to redesign their structures, their organisation structures are resistant to change. It said that only 11 percent of the business executives say their organisation is adaptable to changes. The number is still higher than the global average of just 4 percent.

In the survey, 83 percent of organisation in India reported they are planning to redesign their structure in the next two years. Conversely, human resource (HR) leaders do not lay emphasis on job redesign as their primary concern in 2017. As a matter of fact, the matter of primary concern for HR leaders are explicitly building skills across the workforce, identifying high potential, developing leaders for succession, and attracting top talent externally – as it reflects the priority of evolving employee capabilities, however, may not align with executive’s goals for more substantial workplace change.

In HR leaders list of the top management’s priority, “heath” is ranked in the bottom half despite 53 percent of the workforce regarded health as a matter of great concern than wealth.

Flexible work arrangements are also important to employees, with over two-thirds reporting that both their direct manager (73 percent) and company leaders (70 percent) are supportive of it.

The C-suite and HR leaders concede that they do not foresee a “gig economy” – short-term contracts or freelance work – to have a major impact on their business in the next two-year span.

– Prepared by Naina Mishra of Newsgram, Twitter: Nainamishr94

 

 

Click here for reuse options!
Copyright 2017 NewsGram

Next Story

GES 2017 : Ivanka Trump in Hyderabad charms the women centric Global Entrepreneurship Summit co-hosted by India and United States

Being invited by Prime Minister Modi, Ivanka Trump is in Hyderabad for GES 2017. The event is focused on women entrepreneurs from all across the globe, this is the first time GES is being held in South Asian country

1
//
151
Ivanka Trump visited India for GES 2017
Ivanka Trump in Hyderabad (VOA)
  • Praising Prime Minister Narendra Modi at GES 2017, Ivanka Trump said,”from your childhood selling tea to becoming PM, you’ve proven that transformational change is possible.”

  • Prime Minister Modi emphasising on bilateral relations said,”the GES 2017 event not only connects the Silicon Valley with Hyderabad but also showcases the close ties between the US and India.”

Ivanka Trump, daughter and adviser to US President Donald Trump arrived Hyderabad to attend Global Entrepreneurship Summit, GES 2017 co-hosted by India and the United States. The three-day summit, from November 28-30, is being held at the Hyderabad International Convention Centre (HICC) and Hyderabad International Trade Expositions (Hitex).

Ivanka Trump in Hyderabad
Ivanka Trump, daughter of U.S. President Donald Trump, speaks during the Global Entrepreneurship Summit (VOA)

Ms Ivanka Trump is leading a delegation of senior White House officials and American entrepreneurs. The theme of this year’s summit is ‘Women First, Prosperity for All’ and will include 1,200 young entrepreneurs from different parts of the world, mostly women.

“I encourage everyone here to come together, learn from each other and find new ways to lift barriers in our society so that women are free to innovate, empowered to succeed and able to leave our children a brighter future,” Ivanka Trump told delegates in the event’s opening speech Tuesday.

Ivanka’s appearance with Modi at the opening of GES 2017 was preceded by a bilateral meeting which the Prime Minister Modi described as “wonderful”, before they went out to meet entrepreneurs who showcased their work for presentation. Being women centric event, two of the India’s most powerful women External affairs minister Sushma Swaraj and Defense minister Nirmala Sitharaman were also present.

GES 2017 : Ivanka Trump in India
Ivanka Trump with Prime Minister Modi (Narendra Modi Twitter)

The summit began with cultural events showcasing India’s rich culture. This year’s summit theme clearly demonstrated the commitment of the India and United states to the principle that when women are economically empowered, their communities and countries thrive. India is one of the country where women are at highest pedestals in social and professional life.

Follow NewsGram at Facebook : NewsGram.com

Ivanka also gave credit to the Modi government for lifting 130 million people out of poverty. “Women still face steep obstacles in starting, owning and growing their businesses. We must ensure women entrepreneurs have access to capital, access to networks and mentors,” Ivanka said to loud cheers from a packed enthusiastic audience.

Ivanka’s visit also affirms that the Trump administration sees India as a major strategic partner in south asia and wants to engage with India more. Growing trade and business between India and United States sends a strong signal to the world.

by SHAURYA RITWIK, Shaurya is Sub-Editor at NewsGram and writes on Geo-politcs, Culture, Indology and Business. Twitter Handle – @shauryaritwik