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Indian companies are opting to hire more experienced, older workers. The good news is that women are leading the charge with the percentage of experienced women in net additions rising 167 percent in FY24 at just about a million from 371,858 in FY19.
As per data by foundit Insights Tracker (fit), the Retail and Advertising, Market Research, and Public Relations (PR) sectors also maintained robust growth, registering 29 percent and 26 percent year-on-year increases, respectively
"Loyalty has lost its lustre for many workers, with even ‘happy’ staff now open to being tempted away with the promise of better pay, flexibility and conditions," the report said, adding that 98 percent of all employees are open to new opportunities.