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Talent shortage: India ranks 3rd in the world

May 30, 2014 14:56 IST

Talent shortage: India ranks 3rd in the world

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Employers in India report the third highest talent shortage globally, with as many as 64 per cent of employers facing difficulty finding candidates with the right skills to fill open positions, a ManpowerGroup survey said.

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Image: Indian men with their faces painted in the Indian tricolour.
Photographs: Raj Patidar/Reuters

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According to ManpowerGroup's survey of more than 37,000 employers in 42 countries and territories, employers in Japan report the greatest talent shortages globally (81 per cent), followed by Peru (67 per cent) and India (64 per cent).

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Employers across the world continue to be plagued by talent shortages, as 36 per cent of global employers are facing difficulty in finding candidates with the right skills to fill open positions, the survey said.

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"Talent shortages continue to persist and are impeding employers' ability to deliver value for their customers," ManpowerGroup CEO Jonas Prising said.

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Image: Workers are pictured beneath clocks displaying time zones in various parts of the world at an outsourcing centre in Bengaluru.
Photographs: Vivek Prakash/Reuters
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"Due to the lack of applicants with the right technical competencies, experience and soft skills, one out of three employers struggle to fill open roles," he added.

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Image: An employee carries her lunch at a cafeteria inside Tech Mahindra office building in Noida.
Photographs: Adnan Abidi/Reuters
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The survey noted that more than 50 per cent of global employers reporting talent shortages say the shortages significantly impact their ability to meet client needs.

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Image: Lockers for workers to place their personal belongings into are seen on the floor of an outsourcing centre in Bengaluru.
Photographs: Vivek Prakash/Reuters
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Moreover, 40 per cent of employers say shortages reduce their competitiveness/productivity and one in every four employers surveryed is exploring new talent sources.

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Image: Employees work behind a sign that reads 'treat me as an individual' on the floor of the outsourcing company in Mumbai.
Photographs: Vivek Prakash/Reuters
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The top 10 jobs for which it is most difficult to get candidates in the Asia Pacific region include, engineers, sales representatives, skilled trades, accounting and finance staff, sales managers, technicians, IT staff, management executive, researchers and production operators/machine operators, as per the survey.

The image is used for representational purpose only


Image: Employees work at the Indian headquarters of iGate in Bengaluru.
Photographs: Reuters

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