Fri, May 21 12:15 PM; Employers in India and across the globe are finding it difficult to fill job positions despite the recovery in job markets due to lack of workforce with the right skills, according to staffing services firm Manpower.
Manpower Inc's fifth annual talent shortage survey released on Thursday states that 31 per cent of the employers worldwide are still struggling to fill vacant positions, while in India, the talent shortage figure stood at 16 per cent.
The survey states that talent shortages persist in many countries and industry sectors. Thirty-one per cent of the employers report facing difficulty in filling key positions within their organisation -a rise of one percentage point compared to 2009.
Employers are finding it difficult to hire suitable talent in skilled trades like sales representatives, technicians and engineers, the report found after a survey of more than 35,000 employers across 36 countries.
These are the same jobs where employers have reported to be struggling for filling positions over the past four years, demonstrating that there is an ongoing global mismatch in these key areas.
Employers who are facing the maximum difficulty in finding the right people are based in Japan (76 per cent), Brazil (64 per cent), Argentina (53 per cent), Singapore (53 per cent), Poland (51 per cent) and Australia (45 per cent).
''We are seeing a 'jobless' recovery in many parts of the world, yet where there are jobs available, employers are having difficulty filling positions,'' the report states.
''The issue is not about the number of potential candidates, but rather a talent mismatch, because there are not enough sufficiently skilled people in the right places at the right times,'' Manpower India managing director Sanjay Pandit said.
In the Asia-Pacific region, the countries that are finding it difficult to find the right talent are Japan (76 per cent), Singapore (53 per cent), Australia (45 per cent), Hong Kong (44 per cent), Taiwan (41 per cent), China (40 per cent), New Zealand (30 per cent) and India (16 per cent).
The report further reveals that in the Asia-Pacific region, talent shortages mirrored those of the rest of the world, with 41 per cent of the region̢۪s employers indicating they are having difficulty filling positions due to the lack of suitable talent in their markets.
This is a nine percentage point increase compared to a previous survey conducted in 2009.
''Employers are seeking more specific skill sets and are less willing to engage in anticipatory hiring. This all adds up to a very challenging and frustrating time for employers and jobseekers alike,'' Pandit added.
The report also says skilled manual trades, cleaners and domestic aid, accounting and finance staff, doctors and nonnursing health, financial and sales representatives are the top five positions where Indian employers are finding it difficult to hire suitable talent.
The study suggested employers to broaden their search for candidates to include industry migrants, location migrants, role changers and workforce entrants. Training and development are the key to successfully tapping into these talent pools.
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