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Most employers in India are concerned with the growing skills gap and despite having vacancies are unable to find qualified candidates according to a survey by CareerBuilder India. Around 78% employers surveyed are concerned with the growing skills gap in India while 57% said they currently have open positions for which they cannot find qualified candidates. As per the report, the costs associated with the skills gap can add up quickly and have broader implications for business performance. “There is a growing disconnect between the needs of the employers and the skills that are available in the job market today. This causes workers and companies to miss out on realizing their full potential and creates multiple negative consequences for businesses,” said Premlesh Machama, managing director, CareerBuilder India. About 65% of employers feel the skills that workers have are not matching the available jobs while 36% of employers have positions that stay open for 12 weeks or longer.
As a result, more employers are investing in training programmes that would allow their business and employees to be more competitive. Nearly nine in ten (87%) employers plan to train workers who do not have experience in their industry or field and hire them in 2014.
