Chennai, August 2023: The ADP® Research Institute’s People at Work 2023: A Global Workforce View reveals that employees globally are grappling with uncertainties in their career paths, and are seeking reassurance and growth opportunities. In India, one in four employees state that career progression is one of the top three priorities at workplace.
Factors such as uncertain economic conditions, layoffs, rapid automation, and other transformative events like Gen AI have collectively contributed to this prevailing feeling of instability.
In India, when respondents were asked about their prospects for career advancement through promotions, nearly half of the workforce (49%) stated they were eagerly anticipating securing a promotion within the next 12 months.
In India, notable 43% of employees are of the opinion that they will engage in augmented skills and training to enhance their career options in the future. Within organizational settings, dialogues revolving around career advancement and personal development have gained substantial prominence. In particular, a significant three out of every four workers (75%) actively participate in conversations with their employers on how to improve their career prospects.
Surveying the skills landscape of the next five years, management skills take the lead in perceived importance, followed closely by interpersonal skills, often referred to as people skills, and data analysis skills.
Rahul Goyal, MD of ADP India, says, “At the heart of building a strong workforce, is open discussions around personal development and growth. As employers, our commitment should center on nurturing these conversations, and empowering employees to shape their own careers.
“Embracing change goes hand in hand with developing new skills. Each organization should commit to investing in capabilities that enhance management skills, interpersonal excellence, and analytical skills – all of which are pivotal for future success for the individual and the organization as a whole.”
An encouraging insight revealed through the survey was that 72% of workers in India suggest that their employers do invest in the necessary skills to help facilitate their career progression.