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Talent shortage: India ranks 3rd in the world

May 30, 2014 14:56 IST
Indian men with their faces painted in the Indian tricolour.

Employers in India report the third highest talent shortage globally, with as many as 64 per cent of employers facing difficulty finding candidates with the right skills to fill open positions, a ManpowerGroup survey said.

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Talent shortage: India ranks 3rd in the world

May 30, 2014 14:56 IST
People are reflected on a window as they walk through Tokyo's Akihabara district in Tokyo.

According to ManpowerGroup's survey of more than 37,000 employers in 42 countries and territories, employers in Japan report the greatest talent shortages globally (81 per cent), followed by Peru (67 per cent) and India (64 per cent).

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Talent shortage: India ranks 3rd in the world

May 30, 2014 14:56 IST
The financial center of San Isidro's district is seen from the top of a building in Lima.

Employers across the world continue to be plagued by talent shortages, as 36 per cent of global employers are facing difficulty in finding candidates with the right skills to fill open positions, the survey said.

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Talent shortage: India ranks 3rd in the world

May 30, 2014 14:56 IST
Workers are pictured beneath clocks displaying time zones in various parts of the world at an outsourcing centre in Bengaluru.

"Talent shortages continue to persist and are impeding employers' ability to deliver value for their customers," ManpowerGroup CEO Jonas Prising said.

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Talent shortage: India ranks 3rd in the world

May 30, 2014 14:56 IST
An employee carries her lunch at a cafeteria inside Tech Mahindra office building in Noida.

"Due to the lack of applicants with the right technical competencies, experience and soft skills, one out of three employers struggle to fill open roles," he added.

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Talent shortage: India ranks 3rd in the world

May 30, 2014 14:56 IST
Lockers for workers to place their personal belongings into are seen on the floor of an outsourcing centre in Bengaluru.

The survey noted that more than 50 per cent of global employers reporting talent shortages say the shortages significantly impact their ability to meet client needs.

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Talent shortage: India ranks 3rd in the world

May 30, 2014 14:56 IST
Employees work behind a sign that reads 'treat me as an individual' on the floor of the outsourcing company in Mumbai.

Moreover, 40 per cent of employers say shortages reduce their competitiveness/productivity and one in every four employers surveryed is exploring new talent sources.

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Talent shortage: India ranks 3rd in the world

May 30, 2014 14:56 IST
Employees work at the Indian headquarters of iGate in Bengaluru.

The top 10 jobs for which it is most difficult to get candidates in the Asia Pacific region include, engineers, sales representatives, skilled trades, accounting and finance staff, sales managers, technicians, IT staff, management executive, researchers and production operators/machine operators, as per the survey.

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