New Delhi: Around 40 percent of Indian professionals hope that 2021 will be better for them as they expect an increase in the number of new jobs.
According to the yearend survey and platform data released by LinkedIn, the American business and employment-oriented online service, India has remained cautiously optimistic and resilient in the face of uncertainty, and overall confidence scores remained steady between 50 and 57 from April to November 2020.
So, 40 percent of Indian professionals are expecting an increase in the number of new jobs (up from 19 percent in April), and 53 percent expect their companies to do better in the next six months, media reported.
The report was based on the online survey responses of 21,066 professionals between April and November 2020 as part of the LinkedIn Workforce Confidence Index, a fortnightly pulse on the confidence of the Indian workforce.
“The year 2020 was a disruptive year, and 2021 will help us tackle unforeseen challenges and prepare for new realities. Going forward, India will reimagine the future of work across five areas, specifically the workplace, careers, recruiting, business, and leadership styles,” said Ashutosh Gupta, India Country Manager, Linkedin.
In 2021, skills-first hiring will be a pivotal trend, the Chief Human Resources Officer (CHRO) will play a critical role, the virtual collaboration will become stronger, and learning will be part of everyone’s job. At LinkedIn, we will continue to help professionals navigate these changes and we will stay committed to helping members get closer to opportunities,” he added.
In 2020, online learning and digital skills took center stage and Indian professionals pivoted to upskill themselves and stay productive. LinkedIn data states that the average number of monthly learning hours on LinkedIn Learning increased three times between April and December 2020, compared to pre-COVID months of January and February.
According to the survey, 57 percent of professionals said they will increase their time spent in online learning.
However, working in isolation and navigating a tough job market during the corona times has adversely affected these professionals’ emotional well-being and financial outlook. At least 78 percent of unemployed professionals feel stressed, and 32 percent of Indians expected their incomes to increase next year.
(VP)