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India Inc wants to hire good employees, or not hire at all

According to TimesJobs, 44 per cent employers said it has become exceedingly difficult to find suitable talent over the last three years and 70 per cent have even stated that the cost of a bad hire is much higher than not filling a vacant position.

twitter-logo PTI   New Delhi     Last Updated: September 7, 2016  | 12:02 IST
India Inc wants to hire good employees, or not hire at all

Corporate India wants to hire "good" employees, or not hire at all as a major chunk believes that the cost of a bad recruit is much higher than not filling a vacant position, says a TimesJobs survey.

For human resource managers, finding the right talent has become a critical area, but still they are willing to leave a position vacant in case they do not get the best deal.

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According to TimesJobs, 44 per cent employers said it has become exceedingly difficult to find suitable talent over the last three years and 70 per cent have even stated that the cost of a bad hire is much higher than not filling a vacant position.

"Both aptitude and attitude assessments are critical in ensuring a good hire. Evaluating attitude and other behavioural traits objectively, however, has been a big challenge for recruiters," Times Business Solutions Head of Strategy Nilanjan Roy said.

When asked about the parameters that make good employees, 55 per cent of employers said honesty and 52 per cent said reliable candidates make for great employees. Moreover, 58 per cent employers said lack of enthusiasm is the key trait of a bad worker.

For female employees, 50 per cent employers said reliability is the best trait followed by honesty (44 per cent) and hard work (39 per cent). Other significant traits are, female employees are ambitious and passionate about their work.

For male employees, 57 per cent employers said being ambitious is the best trait followed by autonomous (50 per cent) and confidence (46 per cent). Other significant traits are male employees are hard working and reliable.

The TimesJobs Study was conducted with inputs from over 700 employers across India.

 

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