Fear of Losing Jobs Recedes in India, Says Survey

Fear of Losing Jobs Recedes in India, Says Survey

Seventeen per cent of Indian employees fear about losing their jobs. This is the finding of a survey by global human resource consulting firm Randstad conducted during the December quarter. In the September survey, 23 per cent of employees had expressed fear about job security.

The survey also revealed positive sentiment among Indian employers for 2016: A staggering 90 per cent of employers felt that the economic situation in the country will improve further in 2016.

“India is on an economic upswing owing to several reasons – key business oriented reforms initiated by the government; improved investor sentiments; relaxed FDI norms in major sectors and an increased focus on ease of doing business,” said Moorthy K Uppaluri, MD and CEO of Randstad India, in a statement.

“The overall market perception is very positive and this means more jobs. The Indian job market is already charged at the beginning of 2016 and we expect this to sustain in the near future as well,” Mr Moorthy added.

The survey also pointed to higher level of job-change activity in India. “This quarter (December), the survey reflected the highest actual job change in India. 45 per cent of the survey respondents from India mentioned that they have changed their jobs in the last six months,” the HR consulting firm said.

The survey noted that STEM (science, technology, engineering and math) and digital profiles are likely to be high on the wish-list of employers.

[“source-ndtv”]