Workers in India are open to new careers. In fact, 94 per cent of those surveyed by Michael Page for the Talent Trends 2024 report are keen to explore different roles in 2024. This is four per cent less than those who were open to new roles during the same time last year. Globally, an average of 90 per cent workers are open to new roles, while in the APAC, the average is 89 per cent. However, what is to be noted is that the openness to explore new roles has continued since the start of the trend in 2022, of the Great Resignation.
The survey revealed that 52 per cent of the respondents are presently looking for jobs, while 15 per cent plan to look for a new role in the next six months. Twelve per cent are ready to change roles if the right job comes by, while nine per cent are not presently looking for a role but are not averse to it either. Six per cent are waiting to see how the economy shapes up before making a decision about job change.
A very small portion (four per cent) of the respondents are not open to new roles. One per cent are unsure of whether they want to change or do not know whether they do or not. One per cent preferred not to reveal their plans.
In the Indian job market, 95 per cent male workers and 91 per cent of women are open to new job opportunities. A whopping 97 per cent of those in their 40s are open to explore new roles, while 93 per cent in their 20s, 93% in their 30s and 93% of those aged 50 and above are open to explore new roles.
Amongst those keen to explore new jobs are also 95 per cent who have no managerial responsibility, 95 per cent with middle-level management responsibility, 95 per cent senior managers and 89 per cent top-level managers.
The findings of the Michale Page Talent Trends Report 2024 are derived from responses of 3,087 respondents who participated the survey in India conducted in November and December 2023. This was part of a larger study covering 11 other Asia Pacific markets—Australia, Chinese Mainland, Hong Kong, Indonesia, Japan, Malaysia, Philippines, Singapore, Taiwan, Thailand and Vietnam.