New Delhi:
Commitment levels among employees in India have declined sharply in comparison to the global average with about 33 per cent Indians planning to leave their jobs in less than two years, says a survey by global management consultancy Hay Group.
In contrast, only one-in-five people over the world intend to change jobs over the next two years.
Commitment levels have fallen to a 5-year low in every major region of the world as long-term loyalty has become a casualty of low levels of employee engagement and employee enablement, it said.
"It is a worrying sign that Indian organisations, despite averaging higher engagement levels than the Asia average, find that only about 40 per cent intend to remain loyal to their present organisations in the next five years," Hay Group India Managing Director Gaurav Lahiri said.
As per the report, employees should be effectively matched to their roles, so that their skills and abilities are put to best use and secondly there should be an enabling environment, which facilitates, rather than hinders, individual productivity.
"Frustrated employees are unlikely to persist over the long-term in this state. Clearly, the opportunities currently available for organisations to improve the bottom line by actively engaging the workforce have never been so good and the time to act is now," Lahiri added.
Hay Group's data employees across the globe are not properly supported at work and are unable to perform to their full potential as a result. Moreover, less than two thirds of employees around the world (62 per cent) feel that conditions at work allow them to be as productive as they could be.
More than two-fifths (44 per cent) of the global workforce intend to leave their employers within five years, while in case of India a much larger majority of employees (58 per cent) have acknowledged their intent to exit their present organisations within five years.
"While tight labour market conditions have reduced staff churn, there is a buildup of restless and frustrated employees, which now amounts to more than two fifths of ompanies' workers," Hay Group senior principal Mark Royal said.
At the regional level, the Pacific finds itself with the lowest level of employee commitment, with 54 per cent of the workforce intending to leave their companies within 5 years.
Employee commitment is highest in North America with three in five employees (62 per cent) intending to stay with their employer for five years or more. However, commitment has declined by five per cent since last year, the report said.