40 per cent workers may switch jobs this year, says Qualtrics 2022 Employee Experience Trends report

Bhubaneswar, Feb. 23: Nearly 40% of workers in India may switch jobs this year – a figure higher than most countries in South Asia, and the global average, finds a new survey, a report in Economic Times said on Wednesday.

Despite respondents in India reporting some of the highest levels of engagement (85%) and wellbeing (89%) at work globally, just 62% plan to stay with their current employer for the next 12 months. At a time when tier-II and tier-III cities are emerging as talent hubs, and high levels of hiring sentiment, findings from Qualtrics – taken from the Qualtrics 2022 Employee Experience Trends report – highlight the critical need for employers to prioritise improving the employee experience in order to attract and retain talent in India’s competitive job market.

For employers looking to increase intent to stay among their employees in hybrid or remote environments, ensuring individuals are aligned with the strategic goals of the organisation is key.

Prioritising employee wellbeing, creating a culture of belonging, and ensuring employees feel like their career goals can be met are also important drivers of intent to stay in India.