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58 per cent Indian employers facing talent crunch: Survey

Source: PTI
May 18, 2015 15:00 IST
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According to a global Talent Shortage Survey, Indian employers are finding it difficult to fill in positions in IT, accounting and administrative assistance.

Indian employers facing talent crunch: surveyNotwithstanding the recovery in job market, 58 per cent of Indian employers are finding it difficult to fill positions and there is a significant talent shortage in accounting and finance sector, a survey showed.

Globally, 38 per cent of employers face talent shortage.

In India, however, the number stood at 58 per cent, ManpowerGroup's 10th annual Talent Shortage Survey said today.

Even though talent crunch persists for Indian companies, they are better off than last year.

In 2014, 64 per cent of employers said they faced difficulty in finding the right people.

"The demand index for IT and accounting professionals have been on a continuous rise. Focus on technology up-gradation and better financial access will drive the sectors growth in the coming months," said A G Rao, Managing Director of ManpowerGroup India.

Employers in India are finding it most difficult to fill jobs in accounting and finance, IT staff, secretaries, receptionists, administrative assistants and office support.

"The demand for IT and related profiles is expected to go up further in the current year. Roles in analytics and mobile technologies will continue to be in demand," Rao added.

The other jobs that are most in demand in India this year include, teachers, engineers, communications staff, sales manager, executives, legal staff and researchers.

As per the survey, around 13 per cent of Indian employers said talent shortages are having a negative impact on their ability to meet client needs.

However, few employers are putting in place strategies to address the talent crunch problem, the survey added.

Globally, Japanese employers reported the highest talent shortages, as 83 per cent respondents are struggling to fill open jobs there, followed by Peru (68 per cent), Hong Kong (65 per cent), Brazil (61 per cent), Romania (61 per cent) and Greece (59 per cent).

At the other end of the scale, employers in Ireland (11 per cent), UK (14 per cent) and Spain (14 per cent) reported facing least problems with talent shortages.

ManpowerGroup surveyed 41,748 employers in 42 countries during the first quarter of 2015 to explore the extent of talent shortages within the global labour market.

Lead image used for representational purposes only

Photograph: Jo Yong Hak/Reuters

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