- One-third of the working population in India feels stagnant in their jobs, heading nowhere, says a survey by LinkedIn.
- Job-hopping is a common trend among Indian millennials. Three in every five millennials in the country said they would consider switching careers.
- Nearly 57% of working professionals choose a job that can fetch them a lot of money.
The ‘Career Pathways’ India survey by LinkedIn recorded responses from over 5,000 full-time professionals across 11 cities in India, including Delhi and Mumbai, on what inspires India’s working-age population to stay in their current jobs and what would take them closer to their dream jobs.
While the majority (70%) of respondents said a healthy work-life balance is an important concern to continue with their existing jobs, about 57% professionals said they would take up jobs that fetch them a lot of money.
The survey also found that Indians are job-hopping more than ever before, but the motivation for changing jobs varies across different age brackets. For instance, Indian millennials tend to change jobs and careers frequently, leaving behind the concept of long-term employment.
According to the survey, on average, one third of Indian millenials have had two jobs within the last five years, with professionals up to 22 years job hopping the most.
Younger professionals, the survey found, are more open to new opportunities, wanting a job change in organisations imparting knowledge that is willing to nourish them.
Three in every five millennials in the country said they would consider switching careers — job functions and companies. While 44% said they are only looking to switch companies, 30% considered even changing job functions. For instance, moving from the marketing domain to product management.
Interestingly, the survey also claims that professionals in India are increasingly prioritising working in jobs that they love while making career choices. Over 73% of Indian professionals said they would choose a career of their choice while 53% said they prefer to opt for a job that fulfills them.
See also:
Indians were asked what they would do in their free time if they could work for four days a week — and their answers are unexpected
Fewer jobs for better educated: India’s unemployment rate stands at 13.2% among the highly educated segment
Job creation in India slows down by 6.9% in January: ESIC payroll data