Get All Access for $5/mo

Two-Thirds Of Indian Knowledge Workers Likely To Switch Jobs In 2023: Survey The report stated that 54 per cent of the Indian knowledge workers are burned out, and two-thirds are considering switching jobs in the next year

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

The survey by software firm Slack Technology, on Wednesday, revealed that around two-thirds of knowledge workers in India are likely to switch their jobs next year because of the reasons that include burnout and disconnection with seniors.

The study, 'Leadership and the war for talent' is based on a survey of over 2000 Indian knowledge workers. The report stated that 54 per cent of the Indian knowledge workers are burned out, and two-thirds are considering switching jobs in the next year. It is also added that in India, three-quarters want to be trusted to do their job regardless of location or the hours worked, while 81 per cent said that they want more meaning from their job, or to feel like they are having an impact.

"Organisations are looking for ways to minimise exposure to some of the more disruptive trends that have come off the upheaval of the last couple of years, such as employees quietly quitting or even being impacted by the broader 'Great Resignation'. Leaders must be finely attuned to their soft skills, which this study has revealed are now valued as highly by employees as salary, and how those skills are showing up in the organisation's approach to flexibility, stability, wellbeing and culture," said Rahul Sharma, country manager, India, Slack, in a statement.

The survey included around 2000 Indian knowledge workers employed by companies with more than 100 employees. The report stated that Indian desk-based workers expect better communication from their leaders and are likely to look for another job if they don't get it, and the study revealed that about 71 per cent of young workers were about to change their jobs.

As per the study report, the survey respondents expressed their viewpoint that teamwork and collaboration is the key to drive organizational success, over financial success, with transparent and trustworthy leadership, flexible work and employee well-being essential ingredients.

Another surprising result of the study is that civil servants and government workers in India also felt burn out in the past year. As per the report, around 58 per cent said that they felt overloaded. As a result, 13 per cent of the government workers said that they had quiet-quit in the same period, which is a rate double that of most of the other sectors in India.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Leadership

ITC's Marketing Wizard: Shuvadip Banerjee, Chief Digital Marketing Officer

The FMCG giant's successful campaign #MyFantasyAdWithSRK broke the Internet and in just a few weeks of launch had 10 lakh participants

News and Trends

Empowering MSMEs: Unlocking India's Trillion-Dollar Manufacturing Potential

By empowering MSMEs, India can realize its vision of a robust trillion-dollar manufacturing sector, fueling economic prosperity and sustainable development

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

News and Trends

Easing the stress with new-age health solutions

With rapid scaling and idea-making seen in the Indian eco-system, it is only speculated that the now-easily accessible healthcare systems will try to reach further depths of the country.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.