One-fifth of Indian employers unable to fill vacant posts

June 2nd, 2009 - 8:45 pm ICT by IANS  

New Delhi, June 2 (IANS) Although Indian companies are resorting to layoffs and freeze on fresh hiring, about 20 percent of employers in India are facing problems in filling vacancies, according to a survey by a global human resource consulting firm.
The talent shortage doesn’t affect all regions equally, the survey by Manpower Inc found, with the problem being far more acute in Taiwan and Romania - where 62 percent of companies are grappling with talent scarcity.

The two countries are followed by Peru (56 percent), Japan (55 percent) and Australia (49 percent). The global average is 30 percent.

India is affected to a lesser degree, with only about 20 percent of employers finding it difficult to fill up vacant positions, while Spain (8 percent) and Ireland (5 percent) are the least affected.

“Despite global recession and the weakest employment outlook in decades, employers are nonetheless facing a scarcity of talent in critical areas,” said manpower chairman and chief executive Jeffrey A. Joerres.

“Even as they’ve generally reduced hiring, they are still looking to fill critical positions and are having trouble finding people who are the perfect fit,” Joerres said.

Added manpower India managing director Naresh Malhan: “Though the problem is comparatively less in India, there is certainly a disparity in between supply and demand.”

Referring to customers service professionals, Malhan told IANS: “Earlier not many companies had technical sales support. But now, a lot of industries are providing such services leading to a surge in demand for these kind of professionals.”

Some of the other skills in demand in India are engineers, traditional skill traders like plumbers, electricians, marketing executives and production management professionals.

“Perhaps the most important inference to be drawn from this data in these uncertain times is that employers have to master a difficult balancing act in terms of talent management: They must contain costs for the short term without compromising their longer-term appeal to talented workers,” said the survey report.

“Sooner or later, global economic growth will resume, bringing additional strain to talent markets everywhere. And the increasing need for ever more refined skills will only intensify that strain.

“It is imperative, therefore, that employers act now to design and implement talent strategies that help attract, retain and motivate the best possible workforce.”

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