Sunday 6 October 2024

Why are Employers Struggling to Recruit and Retain Talent in India?

Recruiting in India today feels almost like winning a lucky draw as it has become rare, elusive, and often a game of chance. 

In reality, a staggering one-third of employers are facing serious challenges in recruiting and retaining talent. The reasons behind this alarming trend are as complex as they are numerous, pointing towards the following issues in the market :-

1] Salary Discrepancies : Candidates often seek compensation packages that outpace industry standards, leading to a mismatch between expectations and offers.

2] Declining Active Job Seekers : A decline in active job seekers, partially due to the rise of freelance work and exposure to better income sources, has reduced the talent pool.

3] Rising Inflation : This causes an increase in expenses due to which instead of staying at a company for a long term, candidates prefer to constantly look for better opportunities. 

Despite this struggle, we offer the best recruitment services at AideWiser, contact us now to capture the top talent! 

Comment solutions to this recruitment and retention struggle in India!