Sixty-two per cent Indians feel they will be able to hold on to their jobs in 2009, notwithstanding the economic slowdown, says a survey released in New Dehi on Wednesday by leading global human resource consulting firms.
"Optimism runs high and the Indian employees show resilience,” says the survey conducted across Asia-Pacific by TNS, a market research and business analysis firm, with Gallup International, a global human resource consulting firm.
“It seems, despite economic slowdowns and reports of downsizing, there is an overall confidence among the employed in India that 'My job is secure! Difficulties, if any, are for the others, not me'," said TNS India executive director, Chhavi Bhargava.
The study, titled "Voice of the People: End of the Year Survey", was conducted between October and December 2008 with interviews of people in 46 countries about their job prospects in 2009.
“In view of the 57 per cent of citizens in India who expect unemployment to increase during 2009, the results are especially interesting as clearly most of the interviewees do not consider they will be the ones affected,” says the survey.
“A third of the workers interviewed believe they would be able to find a new job fairly quickly, while 56 per cent fear it may take longer. Eight per cent of those currently employed in India would even go so far as to not bother looking for work were they to lose their jobs this year.”
Moreover, just 16 per cent of the Indian respondents feel unemployment will fall slightly, while a negligible one per cent think it will fall a lot. Similarly, 38 per cent feels it will increase a lot and 27 per cent thinks it will increase slightly.