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India – Nearly 40% of workers could switch jobs in 2022 (LiveMint)

24 February 2022

Nearly 40% of workers in India could switch jobs this year, a figure higher than most countries in South Asia and the global average, reports LiveMint, citing research from Qualtrics. Despite respondents in India reporting some of the highest levels of engagement (85%) and wellbeing (89%) at work globally, over half, or 62%, plan to stay with their current employer for the next 12 months. At a time when tier-2 and tier-3 cities are emerging as talent hubs, and high levels of hiring sentiment, the Qualtrics findings highlight the critical need for employers to prioritise improving employee experience in order to attract and retain talent in India’s competitive job market. According to Qualtrics, successfully adopting permanent hybrid work policies in India will be critical to attracting and retaining talent in 2022, with 60% of respondents saying they would look for a new job if forced back to the office full-time, almost double the global average of 35%.