Indian companies are increasingly finding it difficult to find right talent, with 67 per cent of employers struggling to meet their critical-level hiring targets, a survey claimed.
About a year ago, only about 16 per cent companies were facing difficulties in getting the right talent for critical positions, the survey by staffing services firm Manpower said. According to Manpower's sixth annual Talent Shortage Survey, India results are well above the global average of 34 per cent and second only to Japan, where 80 per cent of employers are struggling to fill critical positions.
Talent scarcity in India has worsened, as just a year ago, India was ranked 29th among 36 countries surveyed, when 16 per cent of employers faced difficulty to fill jobs.
Explaining the reason behind this talent crunch, Manpower India Head - Sales and Marketing Namr Kishore said 'for the last many quarters demand for talent is increasing in India, but the supply is limited as individuals are lacking mission critical skills, resulting in such talent scarcity.
On one had we have a demographic advantage, and on the other hand due to low employability, many of our talent is not employable. It is quite an ironical situation,' Kishore added.
In India, the job employers have most difficulty filling vacancies for research and development, sales manager and IT staff, the survey said.
Trailing behind Japan and India in the global list is Brazil, where 57 per cent of employers are having difficulty in finding the right people for the right job.
This is followed by Australia (54 per cent), Taiwan (54 per cent), Romania (53 per cent), USA (52 per cent), Argentina (51 per cent), Turkey (48 per cent)and Switzerland (46 per cent).
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