The latest research from CIEL HR has unearthed some alarming trends for Global Capability Centres (GCCs) in India. A staggering 52% of the workforce is eyeing new job opportunities, highlighting serious retention woes. With talent expectations evolving, GCCs are finding themselves in a tight spot, struggling to maintain their best and brightest. It’s time for firms to up their game!
Key Points
- 52% of staff in GCCs are actively looking for new roles, signalling a talent crisis.
- 51% of GCC leaders view talent retention as their biggest challenge amid rising attrition rates.
- Entry-level positions have dropped dramatically, indicating a shift towards mid-senior-level job growth.
- High demand for niche skills in AI, ML, and cloud has fueled intense competition for talent.
- 55% of product development professionals and 45% of IT professionals are exploring new job options.
Why should I read this?
If you’re keeping tabs on the job market and workforce trends, this article is a must-read! With over half of the GCCs in India grappling with talent retention, it’s crucial for companies to understand these dynamics. The insights can help employers strategise better and leaders navigate the tricky terrain of employee engagement in a fast-evolving job landscape. Don’t miss out on what could be the turning point for your organisation!