Indians have more work satisfaction than Asian Pacific counterparts, says survey
Posted on: 04/Aug/2016 2:53:00 PM
The Michael Page employee survey on workplace satisfaction in Asia has said that Indians are more satisfied with their workplace environment compared to their Asia Pacific counterparts. The survey is based on 4,000 employees across various job levels and industries in Asia Pacific.
According to the survey, About 62 per cent of respondents in India said they were either satisfied or very satisfied with their workplace environment compared to just 54 per cent of their counterparts in Asia Pacific. Employees in India were more optimistic about the future of their national economy, with 54 per cent of respondents rating their current economy good to excellent against 33 per cent for the rest of Asia Pacific.
An executive from Michael Page said, There is a general sentiment of optimism in India right now. The current economic outlook is positive and professionals are encouraged by the commitment to India from both global and local firms. In addition, the government`s Make In India initiatives have created more opportunities for India`s export market, which has led to increased investment in the manufacturing sector. In particular, firms specialising in the production of chemicals, plastics as well as pharmaceuticals have established operations.
part of the survey was a comparison of the the quarterly job confidence forecast in India between Q1 and Q2 of 2016 and found working conditions of employees in Mumbai and Bangalore declined quarter-on-quarter. In Mumbai, it dropped 52 per cent in Q2 from 62 per cent in Q1, and in Bangalore to 68 per cent from 75 per cent. Over the next 12 months, employees in India were more optimistic around better job training, from 73 per cent in Q1 to 81 per cent in Q2.
The survey said, The expanded scope of functions rose from 68 per cent to 73 per cent, and increase in compensation level went up from 54 per cent to 71 per cent. Working overseas was seen as an increasingly attractive option, which rose to 68 per cent compared to 64 per cent.
