Career News: 82% of India’s workforce is considering changing jobs in 2022, says LinkedIn report

Edition: January 30th, 2022
Curated by the Knowledge Team of ICS Career GPS

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• Excerpts from article by Ayushman Baruah, published on Mint

The pandemic notwithstanding, India’s workforce is optimistic about the future of work, with 82% considering changing jobs in 2022, according to new job-seeker research by professional networking platform LinkedIn.

The job-seeker research revealed that the ‘Great Reshuffle’ in India is being led by freshers with up to 1 year of work experience and Gen Z professionals, who are more likely to consider changing jobs in 2022.

Based on responses of professionals, the survey showed that people plan to leave their current jobs due to-

1. Poor work-life balance (30%)
2. Not enough money (28%)
3. Greater career ambitions (23%)

Future of work

When looking for new roles in the new year, professionals in India say flexible working arrangements will be top priority.

• Professionals are optimistic about the future of work, but seven in 10 doubt their own mettle.
• The research revealed that professionals in India are confident about their job roles, careers, and overall job availability getting better in 2022. 
• In fact, 86% said they were confident about the strength of their professional networks as they enter into the new year looking for new job opportunities.
• But despite this confident outlook, 71% of professionals said they question their abilities at work now more than before the pandemic, while 63% said they suffered from imposter syndrome.
• This self-doubt seems to be a “by-product” of working in isolation for nearly two years as 33% of professionals said the pandemic has negatively impacted their confidence at work.

Top Work stressors

Findings show that these are the top three work stressors for professionals in India-

1. Lack of face-to-face support from supervisors and peers (40%)
2. Having to take on new responsibilities (34%)
3. Having to use more technology (31%)

The top reasons that can convince professionals in India to stay with their current employer in 2022 include-

• Better salary (42%)
• More appreciation (36%)
• Improved work-life balance (34%)

But findings also indicate a glaring disparity in the perception of men and women towards how they are being compensated by their current employers today.

According to the survey, working women (37%) are 1.3 times more likely to quit their current job due to poor work-life balance when compared to working men (28%). They are also more likely (49%) to say they will remain with their current employer if they get better pay, when compared to working men (39%).

This may be a wake-up call for employers to revisit their compensation benefits and ensure more inclusivity through their offerings.

LinkedIn

Jobs on the rise

• IT, healthcare, and business development roles dominate this year’s Jobs on the Rise 2022 India list.
• With businesses looking to further evolve their digital footprint in 2022, the list spotlights a growing demand for highly skilled
  1. IT workers (Site Reliability Engineer, Data Science Specialist, Machine Learning Engineer)
  2. Business development talent (Affiliate Marketing Specialist, Business Development Representative, Strategy Associate)
• The list also reveals that the healthcare sector is looking to fill vacancies for Wellness Specialists and Molecular Biologists who can mitigate the COVID-19 crisis.

The pandemic has spurred people to rethink their careers and look for new job opportunities to meet their renewed purpose and priorities in life. As confidence in new opportunities grows, it is evident that the Great Reshuffle in India is clearly being led by job seekers, and talent is in the driver’s seat right now — with flexibility as their no. 1 priority today. Our Jobs on the Rise list shows that the demand for tech savvy talent is growing hotter across the IT, healthcare, and business development sectors.

Ankit Vengurlekar, India managing editor, LinkedIn News.

To help them navigate today’s evolving world of work, LinkedIn has launched the ‘Jobs Bootcamp’ programme of content, live events, and learning courses to help job seekers with tips and career advice from experts.

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(Disclaimer: The opinions expressed in the article mentioned above are those of the author(s). They do not purport to reflect the opinions or views of ICS Career GPS or its staff.)

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