Employees In India Optimistic About New Job Opportunities
The emergence of niche job roles and new opportunities instils confidence in Indian job market
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For the progress and elevation of the Indian economy, India Inc. has voiced their confidence in the domestic job market, according to Michael Page India.
The study analysed the responses of more than 600 professionals, across industries, regions and job positions, noted a general increase in the confidence levels, compared to last year.
With the increasing number of the millennial professionals in the present workforce, the desire to develop new skills, a better work-life balance and income progression continue to be the chief reasons for searching for a new job.
When asked about their professional scenario in the next 12 months, a majority of the employees surveyed recorded a promising outlook of advancements in their current job roles. Leading in this regard was skills development for 87 percent, followed by compensation levels for 80 percent, scope of functions for 79 percent and career promotion for 76 percent.
The rise of specialist job roles in India further inspires confidence among employees. A few such positions include digital marketing heads, data and cybersecurity experts, professionals with expertise in risk analytics, strategic procurement and legal and company secretaries with dual qualification.
In addition, a large number of professionals rated their job satisfaction level as ‘Satisfied to Very Satisfied’. The professionals were measured on various aspects of their current roles, including general work conditions (63 percent), job security (53 percent) and salary for 45 percent.
Nicolas Dumoulin, Managing Director of Michael Page India, said, “The positive workplace sentiment noted in India has been comparatively higher in the Asia Pacific region. The surge in hiring activity will lead to a further emergence of niche roles and new opportunities, especially in sectors such as renewables, healthcare and life sciences, retail, e-commerce, chemicals and data analytics. With the changing dynamics of the jobs landscape, skill enhancement remains a chief priority to stay relevant in the highly competitive and constantly evolving Indian markets.”