Indian staff prefer skill-sharpening opportunities over pay rise
14 Feb 2015 1:36 AM GMT
Apart from skill development, work-life balance is one aspect that potential employees are considering while taking up a new job with 58 per cent of Indian employees likely to give up higher pay and/or career growth or advancement for a more flexible work schedule.
“It is extremely important to ensure a company’s compensation and benefits plans are competitive, but retaining workers also involves giving employees opportunities to improve their work-life balance, offering them flexible work arrangements, and providing clear plans for their further training and development,” Kelly Services & OCG India Managing Director Kamal Karanth said. The study titled ‘Workers preference and workplace agility’, said that attracting and retaining employees goes beyond offering competitive pay.
Another important trend that has been observed is the preference to work for a global company rather than a national company as 62 per cent of workers in the APAC region would prefer to work in a global company as compared to 10 per cent of workers surveyed who preferred to work in national companies.
Additionally, the paper also said there is a relatively high degree of labour mobility inherent in the
workforce.
“It is extremely important to ensure a company’s compensation and benefits plans are competitive, but retaining workers also involves giving employees opportunities to improve their work-life balance, offering them flexible work arrangements, and providing clear plans for their further training and development,” Kelly Services & OCG India Managing Director Kamal Karanth said. The study titled ‘Workers preference and workplace agility’, said that attracting and retaining employees goes beyond offering competitive pay.
Another important trend that has been observed is the preference to work for a global company rather than a national company as 62 per cent of workers in the APAC region would prefer to work in a global company as compared to 10 per cent of workers surveyed who preferred to work in national companies.
Additionally, the paper also said there is a relatively high degree of labour mobility inherent in the
workforce.
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