After much hyped global Great resignation, do you feel it has affected India also? If so, how and to what extent? Is it limited to tech talent or spread to all sectors?
SD While the overall attrition across industries has gone up 28% vis a vis the previous year’s 17%, however I would be hesitant to attribute it to the overall bandwagon of “Great Resignation” which is indeed creating a great hullabaloo in the West. Job Market has opened and there seems to be a pent- up demand for critical skill sets/talent which in my view is the genesis of the high turnover that companies are grappling with. Employees in the IT Sector have been in great demand, particularly since the COVID-19 pandemic has triggered the adoption of additional technology by organisations around the world. In fact, the overall quality of work life balance with flexible model of working is ensuring greater ability for women to make great careers. (Data Source: analyticsindiamag.com)
BM What reasons can be attributed to talent crisis?...