More than 50% of all employers in India face a talent crunch, even though the incidence of firms finding it tough to hire the right people dropped compared to last year.
According to a report by global consultancy firm Manpower, 58% of employers in India surveyed reported a talent crunch. This was 6 percentage points lower than the previous round of the survey conducted last year. Yet, India’s talent shortage remains more acute when compared to the global average.
Globally, 38% of employers reported a talent crunch, while across Asia, 48% of those surveyed said they faced a shortage of skilled workers.
“Japanese employers continue to face the most severe shortage, with 83% saying they encounter difficulties. Elsewhere in the region, lack of appropriately talented candidates is most likely to be a concern in Hong Kong (65%), India (58%) and Taiwan (57%). However, talent shortages are least likely to cause difficulties for Chinese employers (24%),”
In Asia, the toughest job to fill is that of a sales representative, which has historically been the hardest job to recruit for, said the survey. Vacancies for engineers, technicians and information technology (IT) professionals were also in the list of top 10 toughest jobs to fill in Asia.In India, however, the scenario differs.
Accounting and finance positions were the toughest to fill, said Indian employers who were surveyed. This was followed by positions for IT personnel, secretaries and office support staff, teachers and engineers.
Indian employers also reported difficulties in filling positions for marketing and communications professionals, legal staff and researchers.“The skill gaps are most obvious for employers seeking candidates with relevant industry-specific skilled trade certifications, with 13% identifying this as a key area of skill deficit, up from 9% in 2014,”
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