financetom
Business
financetom
/
Business
/
In the age of automation, companies getting serious about soft skills, says LinkedIn report
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
In the age of automation, companies getting serious about soft skills, says LinkedIn report
Jan 30, 2019 5:13 AM

With the rise of automation and artificial intelligence in the job market, 92 per cent of global hiring managers agree that candidates with soft skills are increasingly important to the success of a company, a report said Wednesday.

Share Market Live

NSE

According to LinkedIn annual Global Talent Trends 2019 report, four key trends -- soft skills, work flexibility, anti-harassment, and pay transparency -- are impacting the future of human resources (HR) and the recruiting industry, in India as well as globally.

Soft skills include personal attributes that enable effective and harmonious interpersonal communication.

In India, 87 per cent respondents believe that candidates with strong soft skills will be increasingly important to the success of their organisations.

However, only 53 per cent say their companies have a formal process for assessing soft skills.

The report further said, 67 per cent of talent professionals in India agree workplace flexibility -- the option for employees to work when and where they would like -- is extremely important in shaping the future of recruiting and talent.

On the importance of anti-harassment policies, 87 per cent of talent professionals in India agree that harassment prevention is a very important trend for the future of hiring and HR, compared to just 71 per cent globally.

Regarding pay-parity, around 71 per cent respondents in India agree that the top benefit of sharing salary ranges is fostering greater job satisfaction for employees. That said, 78 per cent also fear that this will create salary disputes among current employees.

"On the one hand, developing markets like India, Mexico and Brazil assign greater importance to soft skills in shaping the future of recruiting and HR. On the other, developed European and American counterparts assign greater importance to the role of work-flexibility in shaping the future of the industry," the report said.

This report combines a survey of over 5,000 talent professionals in 35 countries (including more than 400 non-staffing professionals in India).

First Published:Jan 30, 2019 2:13 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Yandex, Polymetal shareholders set to approve major Russian exit deals
Yandex, Polymetal shareholders set to approve major Russian exit deals
Mar 6, 2024
LONDON, March 7 (Reuters) - Two of Russia's largest corporate exit deals since Moscow's invasion of Ukraine are up for shareholder approval on Thursday, with Russia's Google Yandex ( YNDX ) and major mining assets set to pass to Russian ownership in transactions totalling around $9 billion. Dutch-registered Yandex NV ( YNDX ), struck a 475-billion-rouble ($5.27 billion) deal to...
Hugo Boss expects 2024 operating profit below market expectations
Hugo Boss expects 2024 operating profit below market expectations
Mar 6, 2024
(Reuters) - Hugo Boss said on Thursday it anticipates its operating profit to increase by 5% to 15% in 2024, below market expectations, as it flags persistently weak consumer confidence, in particular in distinct European economies. The German fashion house estimates earnings before interest and taxes (EBIT) to come in a range of 430 million to 475 million euros in...
Strike wave hits German rail and airports as disputes mount
Strike wave hits German rail and airports as disputes mount
Mar 6, 2024
BERLIN (Reuters) - Germany faced strikes on three fronts on Thursday, as train drivers, airport security workers and Lufthansa ground staff walked off the job, spelling further headaches for millions of travellers in Europe's largest economy. The strikes are the latest in a wave of industrial action to hit Germany, where high inflation and staff bottlenecks have soured wage negotiations...
As Big Tech scrambles to meet EU rules, investigations seen as likely
As Big Tech scrambles to meet EU rules, investigations seen as likely
Mar 6, 2024
BRUSSELS, March 7 (Reuters) - From overhauling online platforms to backroom engineering, Google, Apple ( AAPL ), Amazon ( AMZN ), Microsoft ( MSFT ), Meta and TikTok owner ByteDance have scrambled over the last six months to comply with landmark EU tech rules that come into force on Thursday. The Digital Markets Act (DMA) is one of the most...
Copyright 2023-2026 - www.financetom.com All Rights Reserved