60 pct of workforce want job change in next six months: Study

Mar 19 2014, 21:11 IST
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Moving up the corporate ladder and holding a leadership position matters more than a hefty paycheck: Study Reuters Moving up the corporate ladder and holding a leadership position matters more than a hefty paycheck: Study Reuters
SummaryMoving up the corporate ladder and holding a leadership position matters more than a hefty paycheck: Study

Nearly 60 per cent of workforce is looking to change their current job in next six months and about 58 per cent of them are seeking growth from the new assignment, according to a study.

Moving up the corporate ladder and holding a leadership position matters to the workforce more than a hefty paycheck, said the study by RecruiteX.

Various surveys, polls and discussions indicate that the workforce today seeks a good job profile/designation more than monetary benefits.

Forty per cent of job seekers are not happy with their current role/profile as well as the organisation they are working for, nearly 20 per cent are happy with the organisation but not with the job/role and 12 per cent are not happy with the organisation but like their job, RecruiteX said.

Over 60 per cent of these job seekers are searching for a new job through online job portals. The other preferred medium is referrals/word of mouth. The study revealed that nearly 58 per cent of the candidates are using mobile devices, which include laptops, tablets, smartphones to look for new jobs.

"As soon as a professional gains around 3-4 years work experience, their priorities change. He/she is to get married or is already married. Owing to this, there is social and self generated pressure to be a team leader or manager. Thus, the professional looks for change, more for leadership positions than compensation," Genius Consultants Chairman & Managing Director R P Yadav said.

As they aspire to get better job positions (promotion) in the new job, candidates are paying a lot of attention on brushing up their skill sets.

Over 30 per cent of the workforce feel that having right skills is crucial to get the right job and to move up in the corporate hierarchy. Skills are deemed more important than educational qualifications and experience, though the respondents believe experience is the next most important thing.

Srikanth Rengarajan, executive director & president, ManpowerGroup India, highlighted the skill sets required by India Inc.

"Apart from the domain knowledge, to beat the competitive environment, communication skills, teamwork, problem solving skills, leadership, confidence and right business acumen would be much needed by the employers in future," he said.

The growing aspiration of the workforce to hold leadership positions is acknowledged by the organisations, as well.

Hence, up-skilling the existing workforce is one of the key focus areas of organisations in 2014, pointed

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