Wednesday, October 17, 2012

Employers to face challenge in finding highly qualified people

Chennai: Employers in India are facing challenges in finding highly qualified people and this trend is set to continue for the next three years, says a latest survey.

Sixty-five percent of the respondents predict a challenge to find highly qualified people in their respective organizations and this is much higher than the world average of 48 percent, says Randstad India?s latest global Workmonitor Survey 2012.

The survey, a quarterly review that tracks jobseekers confidence and provides a comprehensive understanding of job market sentiment and trends relating to the employment market across 32 countries, says that 65 percent of respondents believe that this talent crunch will continue to intensify for their businesses for the next three years.

Commenting on the findings, Managing Director and CEO of Randstad India E Balaji said, "Corporate India is facing challenges to find the right talent and there is no denial about it.

"With the economy showing signs of growth, coupled with proactive reforms, the situation will accentuate further. If businesses have to shape their world of work with the right talent, they have to strengthen their training and development function. It is a good development to note that Indian businesses are working on this aspect as our survey shows", he says.