The Global Talent Trends Report 2020 by LinkedIn found that organisations are rediscovering the cost-effectiveness in recruiting their own people. Internal recruiting helps improve retention, accelerate productivity as well as speeds up the hiring process. In India, 96% (versus 81% globally) of the HR professionals surveyed are found to be extremely positive about internal recruitment.
The report surveyed over 7,000 talent professionals and hiring managers across regions including India.
77% of the Indian participants said they are increasingly focused on employee experience to enhance talent retention, the report found.
The report further elaborated that 92% of talent professionals in India (the global highest) consider 'people analytics' will pave the way for the future of HR and recruitment. About 72% of respondents said they currently use people analytics for measuring and improving performance in HR operations.
About 80% of talent professionals in India said having a diversity of generations is an important factor in recruitment efforts which could be challenging. About 77% surveyed in India felt that generational difference in management styles is a significant challenge for companies towards maintaining a multi-generational workforce.