Wednesday, October 13, 2010

India to see highest employee churn

Confident of getting another job, Indian employees are more prone to switch employers compared to others in the world, says a global work monitor survey.

Amongst the 25 countries surveyed in the Ma Foi Workmonitor survey, India has the highest index of 141, meaning that the maximum employee churn across the globe will be in India, which is followed by China and Mexico. 

India to see highest employee churn

The mobility index is based on employees responses to two questions about their intent to change jobs. The first question was about changing the current employer for a comparable job in the next six months. The second question was about changing the current employer for a different job/profession in the next six months.

The Ma Foi Randstad Workmonitor is a quarterly review of "mental mobility status" of employees, their readiness to change jobs. The survey was conducted amongst workers in countries in Europe, Asia Pacific and the Americas.

The survey also found that Indian employees developed better during the economic crisis by working differently, revealing their innovative streak. The economic crisis was a developmental opportunity to most Indians, which is much higher than what the Chinese said with a score of 64 percent.

However, more employees in China went through a structured training programme through their employer during the past year (71 percent) compared to those in India (61 percent).

This finding suggests that Indian employees used the downturn better than their Chinese counterparts to explore innovative methods for accomplishing their jobs and hence growing professionally.

Eight out of 10 Indian employees surveyed said they would move to another organisation that promises faster and better development.

According to K. Pandia Rajan, Chief Executive, Ma Foi Randstad (India and Sri Lanka), the survey, though shows an increase in the mobility and a focus on promotion in the workforce, brings out the fact that employees would be satisfied with organisations that are better equipped to handle their developmental plans. 

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