Retaining Talent in 2022
AlignStart Technologies Private Limited
Delivering Opportunities & Solutions
Nearly 82% of Indian professionals are considering finding a new job in the year 2022. As the huge percentage of the workforce intends to seek better opportunities, the challenge to keep the employees onboard is an upcoming challenge for the businesses.
Background
Linkedin, the leading online professional network, conducted a survey revealing that roughly 82% of working adults in India are in a search of new jobs and are considering switching in 2022. This figure highlights the challenges faced by businesses struggling to hold onto their human resources along with filling the vacancies amidst growing demand.
As the IT giants plan to hire around 1.8 lakh of freshers in FY22, a new challenge to fill the unprecedented vacancies is arising. The responses noted by the survey confirms that employees are planning to voluntarily quit their current jobs driven by the hope of getting better wages, better work-life balance, and remote work options. Flexibility in work options and a hybrid model has become a top priority for the working populace of India post-pandemic.
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The year 2022 is also going to be the year of the great digital switch as businesses are going to evolve their digital footprint. This will give rise to a huge demand for highly skilled tech talent in the IT sector and business development talent in the market. The healthcare sector will also be recruiting skilled biologists and wellness experts.
Our Take
Experts at AlignStart note the growing attrition rate and provide business solutions to manage talent and hire the right talent to meet the growth in demand. An increase in wages can not be the only factor involved in retaining talent - other factors like career development, upskilling, inclusivity and diversity in the workforce - also play a crucial role in talent management. Employees who feel valued and are given a chance to grow their careers within the organisations are more likely to stay in the job for a longer run.
A timely solution to an unprecedented problem is always better than taking risks. We, at AlignStart, offer business solutions to help our clients exceed in growth by finding the best talent in the market. Contact us today and aim for excellence.