For HR managers finding the right talent has become a pain area, still they only want to hire a good employee or not hire at all.
September 01, 2016: Reena Gupta, a hiring manager with an FMCG company says that hiring a good employee is the most critical and important thing for them. Understood, but in the current talent scenario where companies are in a war for talent, do we have the scope for this? Is a good or bad hire a matter of choice or a necessity? What do recruiters feel?
In a recent study conducted by TimesJobs, 44% employers said it has become exceedingly difficult to find suitable talent over the last three years. A whopping 70% have even stated that the cost of bad hire is much higher than not filling a vacant position.
When asked about the parameters that make good employees, 55% of employers said that honest and 52% said reliable candidates make for great employees. Whereas, 58% employers said lack of enthusiasm is the key trait of a bad worker.
"Both aptitude and attitude assessments are critical in ensuring a good hire. Evaluating attitude and other behavioral traits objectively, however, has been a big challenge for recruiters. TimesJobs has addressed this by developing a sophisticated analytical engine that creates unique individualized proficiency graphs." says Nilanjan Roy, Head of Strategy, Times Business Solutions.
"Analytical insights are drawn from candidate profiles through data mining so that recruiters can take informed decisions before shortlisting the profile. These insights graphically look beyond a candidate’s basic qualifications and evaluate their communication, analytical, creative, planning, organizing, leadership & interpersonal abilities, to ensure that both attitude and aptitude are a match," Roy adds.
Good v/s Bad worker
With honesty (55%) and reliability (52%) being the top two behavioral traits, employers said good workers are also ambitious (45%), hard working (39%), passionate (35%), creative (33%), autonomous (32%) and confident (20%).
Nearly 49% employers maintained that bad workers, on the other hand, are the ones who are unreliable and 44% said they are not team players and lie. Other traits of bad workers are that they are irresponsible (37%), unfocussed (28%), make excuses (22%) and never take initiative (19%).
According to Suman Rudra, India HR Leader NCR Corporation, employees should have the ability to understand the dynamic nature of business and feel comfortable in adjusting to the organization’s needs. Adaptability, flexibility, matrix organization, team working and making a solid self-contribution are key to being successful.
Commenting on this, Anjali Goel, General Manager-HR, V-Mart Retail, said that at entry level, they look for candidates who are ambitious, enthusiastic, eager to learn and are good team members.
“At middle level, we focus on candidates who carry relevant business and operational experience and can mentor juniors and expedite their learning and outcomes,” said Goel.
At senior level, we look for qualities such as vision, core values, business acumen and the ability to align their skill sets with the vision and culture of the company, she further added.
Sector-wise break-up (Good Employees’ Trait)
- 45% IT/telecom, internet, dotcom employers say – hard working, 28% says – reliable
- 48% healthcare employers say – reliability, 20% say – honesty, 20% say passion
- 40% automobile sector employers say – honest
- 38% BFSI employers say – reliable
- 32% manufacturing and retail employers say – hard working
Sector-wise break-up (Bad Employees’ Trait)
- 51% IT/telecom, internet, dotcom employers say – lack of enthusiasm
- 36% healthcare employers say – unreliability, 34% say – not a team worker
- 42% automobile sector employers say – irresponsible
- 40% BFSI and retail employers say – lie, 22% BFSI say – unreliable, 28% retail say – not a team worker
- 37% manufacturing employers say – lack enthusiasm, 25% say – unfocussed
Female v/s Male Employees
The TimesJobs study also highlighted the good traits that are significant in female and male employees.
For female employees, 50% employers said reliability is the best trait followed by honesty (44%) and hard working (39%). Other significant traits are, female employees are ambitious and passionate about their work.
For male employees, 57% employers said being ambitious is the best trait followed by autonomous (50%) and confidence (46%). Other significant traits are, male employees are hard working and reliable.
This TimesJobs Study was conducted with inputs from over 700 employers across India.
TimesJobs, a flagship business of Times Business Solutions (TBS), is a platform to help competent professionals make smarter career decisions. With over 25 million registered jobseekers across the board and more than 60 million page views every month, it is fast becoming the most preferred career portal among the candidates.
TimesJobs is leading in the recruitment and employment space with its pioneering and dynamic divisions because it successfully meets all the needs of the jobseekers. Its major platforms include:
- TechGig: India’s biggest dais for tech professionals to help them Learn, Showcase & Compete in the IT industry.
- JobBuzz: A well-known portal that provides information & insights about different companies, job profiles and interview processes.
- StepAhead: StepAhead offers Professional Resume writing and distribution services, career astrology, and resume improvement to help jobseekers accelerate their career.
Also, TimesJobs has the largest collection of jobs in the market, which ensures that whenever and wherever there is a great opportunity, jobseekers will discover it on the platform.
In the recruitment market as well, being the biggest platform for competent professionals who think of their careers first, TimesJobs has become the destination of choice for recruiters who seek to engage with the right talent.