EMPLOYMENT TALENT MANAGEMENT
India - Only 16% of companies polled in India found it difficult to hire talent with the right skill sets, compared to one-third of employers worldwide who deemed filling key positions as a challenge.
According to the annual survey on talent supply by HR solutions firm Manpower, India is one of the four countries where employers perceive the talent shortage as less of a problem. The other three are the US, UK and Norway. Only 16% of 1,700 employers in India said it was difficult hiring the right talent. Its employment market is significantly better than the rest of the Asia Pacific region, with two in five companies experiencing a talent shortage.
These include Japan and Singapore, where more than 50% of employers said they do not find the right talent for their businesses. Around 40% of employers in Australia, Taiwan and Hong Kong are faced with the same problem. There is also a 9% increase in the lack of desired skills among potential recruits this year, compared to last year, said respondents.
Manpower chairman and CEO Jeffrey A Joerres said employers have become more particular about the skill sets they are looking for. "They not only seek technical capabilities in a job match, but also hold out for people who possess additional qualities that will help drive their organisation forward."
Joeres suggested for jobseekers to take more responsibility in further developing his or her own skills to "remain relevant to the market".
Currently, the top five hardest jobs to fill for employers are sales representatives, technicians, engineers, accounting and finance staff, as well as, skilled trades such as electrical work, carpentry, masonry, plumbing and welding. These are the same top jobs employers have been struggling to fill for the past four years, reported the survey.
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