Learning and development: the key to attracting and retaining jobs for Indian professionals

Learning and development tops the list of Job attraction and retention of professionals in India, according to the results of a survey conducted by global leadership search and human resources consulting firm Korn Ferry.

In India, learning and development opportunities (34%) emerge as the most favoured factor when choosing a new employer/job or role, closely followed by Flexible working hours and job security (both 33%), according to the results obtained from the responses of 2,000 professionals in the country. Generous remuneration is at 28%.

The Indian landscape differs from global trends, where flexible working hours (38%) and generous remunerations (37%) are top priorities.

Korn Ferry surveyed 10,000 professionals at all stages of their careers, from entry-level to CEO, across six markets: the United States, the United Kingdom, Brazil, the Middle East, Australia and India. The survey captured professionals’ top priorities when choosing a new job, what keeps them in their current job and what motivates them to want to leave.

In India, people aged 35-65 prioritise training and development as a key driver of growth more than any other age group. Younger respondents (18-24 and 25-34) rate flexible working hours as their top preference.


“In the Indian labour market, training and development pulls, while low wages push. Training and development is no longer an option. As our workforce evolves, especially among experienced professionals, the focus on growth opportunities is clear,” said Sandeep Bhalla, director of consulting at Korn Ferry. “It is no longer just about getting a job; it is about securing a future. In a high-growth economy like India, people are eager to improve their skills to progress in their careers, this is becoming a priority for them – training and development is becoming the fulfillment,” he added. The survey also shows that flexibility is one of the key factors that makes employees stay in their jobs.

Globally, 60% of employees say they would stay in a job they don’t like if they were allowed flexible hours, and 22% would quit if they were required to come into the office full-time. In India, the numbers are higher: 71% of respondents would stay in their jobs for flexibility, compared to 68% for a higher salary.

“This highlights a fundamental shift in the value placed on work-life balance. Flexibility is moving from a perk to a necessity for modern employers looking to attract and retain talent,” Bhalla said.

The survey also shows that Indian professionals display a mix of enthusiasm and concern about the rapid advancements of artificial intelligence (AI) in the workplace.

A significant 81% of Indians, well above the global average of 64%, are excited about the potential of AI and how it will change the way they work. Moreover, 74% believe that incorporating AI into their roles will improve their career prospects and add value to them.

However, there is also a sense of unease: 66% of Indian respondents express concern that their roles will be replaced by AI or technology within the next three years. This concern is especially high among young people aged 25-44, but decreases at higher levels.

Source link

Disclaimer:
The information contained in this post is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
We respect the intellectual property rights of content creators. If you are the owner of any material featured on our website and have concerns about its use, please contact us. We are committed to addressing any copyright issues promptly and will remove any material within 2 days of receiving a request from the rightful owner.

Leave a Comment