New Delhi, Aug 18 : A staggering 81% of workers in India think that their work can be performed remotely, as per the survey released on Thursday. PwC’s India Workforce Hopes and Fears Survey 2022 found that the trend towards hybrid work is likely to last for a long time with 31 percent of those who are able to work remotely already in the hybrid manner.
The report also found that a significant percentage of Indian workers (71 percent) are worried about being disregarded for advancement opportunities contrasted to their global counterparts (21 percent).This highlights the need to establish more transparent , data-driven processes to determine career paths.
“The unpredictable landscape of environmental, social and geopolitical developments has had a profound impact on organizations and their workforce strategies.Leaders must be aware of these changes when formulating their long- and short-term plans for their organisation and their employees,” said Chaitali Mukherjee the Partner and Leader of People and Organisation, PwC India in an announcement.
Around 54 percent of employees agree that India is in need of their skills and 67 percent agree that their jobs require special training.
In the present employers are viewed as being able to address skill shortages via pay increases, recruitment, and automated processes, with the majority of employers not using upskilling as lever of strategic importance.
The study, which had more than 2,608 Indian respondents, of which 93 per percent were full-time employees.discovered that 34 percent of employees believe that they are very or extremely likely to change to a different employer, contrasted to 19 per cent globally.
In addition, 32 per cent stated that they are planning to retire from the workforce.
Generation Y was the highest-risk group to look for new jobs, with 37 per cent of them indicating they’re likely to change employers in the next twelve months.
Although Gen Z employees were less likely to leave and leave, 33 per cent of them are either extremely or extremely likely to request reductions in the hours of work.
Furthermore over half of respondents are worried about the absence of opportunities to collaborate with or learn about technology from colleagues.
This gap in learning starts from the top with over 50 percent of CEOs expressing concern about the absence of opportunities to learn technology-related skills.
The survey also shows that employees are looking for more transparency and more support in the integration of environmental and social (ESG) aspects within their job.
“Balancing concerns about business with employees’ aspirations isn’t as easy as it sounds.But, given that the future of work is going through major changes it is crucial to prioritize the capabilities of employees and leaders to influence forward the pace of change in businesses,” Chaitali said.
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