According to LinkedIn’s 'Future of Talent' report, more than nine in 10, i.e, 93 percent, companies in India are looking to fill open roles internally in the post-Covid-19 era.
The country's competitive talent market is accelerating significant internal shifts within the organisation as 93 percent of the companies polled in India said they are looking to fill open roles internally in the post-COVID-19 era, according to a report.
The report stated that seven in 10 companies in India said the main reason they hire internally is to gain an insider's perspective or a sense of progress. It also stated that when hiring internally, the top-three skills that companies in India look for are good communication, problem-solving skills and time management. LinkedIn's 'Future of Talent' report was commissioned to independent market research firm GfK, which conducted this online survey with over 3,500 respondents from small, medium and large enterprises across the Asia-Pacific (APAC) region including Australia, China, India, Japan, Malaysia, Philippines and Singapore.
The report further showed that upskilling will be core to the talent strategy, and trends such as internal mobility, data-led hiring decisions, and improving employee experience will be in focus for employers in 2021. To keep pace with today's rapidly digitising business needs, companies are also keen to upgrade the capabilities of their workforce. Taking cue, 95 percent of companies in India have dedicated L&D (learning and development) programmes to help employees learn new skills and prepare for the future, according to the report. While skills take the centre stage, many companies in India are also leaning on data analytics to tap into relevant talent pools when hiring today.
The report showed that 91 percent of companies in India use data to make informed talent-hiring decisions, while 53 percent frequently use data to map skills with open position requirements. To make remote hiring even more efficient, nine in 10 companies are also merging roles to reduce talent acquisition costs today, it added.
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