Work flexibility is the most crucial parameter for Indian jobseekers, much more than compensation and benefits, according to a survey by global job site Indeed.
As per the survey, 71 per cent of jobseekers chose flexibility as the top parameter. This includes ability to work from home, set your own hours, and take breaks as needed. The survey ‘The Job Search Process: A Look from the Inside Out’ aims to gain insights into the preferences, challenges, and aspirations of jobseekers amidst global economic shifts. This survey, conducted in May 2023, captured insights from 1,810 individuals, consisting of 561 employers and 1,249 jobseekers. The research was conducted by Valuvox on behalf of Indeed.
Around 70 per cent of Indian jobseekers consider work modes, such as hybrid or remote work arrangements, and 69 per cent factor in the proximity of the job location. As per the survey, 67 per cent of jobseekers consider the compensation offered, including the salary, benefits, health insurance, leave policies and other learning and development programmes associated with the job. “It is imperative that we see the future of work as a journey and not as a destination. Streamlining processes, building aspirations and empathetic consideration can really empower jobseekers and unlock a diverse pool of talent,” said Sashi Kumar, head of sales, Indeed India.
“Hence, employers who want to attract and retain top talent need to be aware of these preferences and be willing to adapt,” Kumar added. The survey also revealed that most jobseekers (63 per cent) prefer to work in a hybrid setting, where they can work from home some days and from office on other days. Larger organisations are more likely to offer the desired flexibility, with 51 per cent of employers stating that they do. The survey further noted that 82 per cent of blue-collar workers say that fair compensation is what they look for in new jobs. Given the nature of their jobs, a significant proportion also seek physical safety (73 per cent).
Job seekers often feel the need for more transparency and clarity about the job and the interview process, according to the survey. They are also concerned about the fairness of the process, including potential discrimination based on race, gender, or other factors, it said.
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