One in three Indian professionals now have decreased income: LinkedIn survey

New Delhi: Around 1 in 3 Indian professionals now have decreased personal income, according to a new LinkedIn survey. The fortnightly report, called Workforce Confidence Index, finds that the number self-employed professionals who report a decrease in income is much higher – 62 per cent. The report shows that 48 […]

New Delhi: Around 1 in 3 Indian professionals now have decreased personal income, according to a new LinkedIn survey.

The fortnightly report, called Workforce Confidence Index, finds that the number self-employed professionals who report a decrease in income is much higher – 62 per cent.

The report shows that 48 per cent of active job seekers and 43 per cent of full-time professionals anticipate fewer job openings in the next 2 weeks.

IT, media, and manufacturing employees think their firms will do worse in the next 6 months. However, they’re confident about long-term growth – 77 per cent of manufacturing professionals, 67 per cent of media professionals, and 65 per cent of IT professionals thought their companies would pick up in the next 2 years.

The survey also found that professionals in healthcare and corporate services industries (such as management consulting, accounting, and human resources) are the most confident about the future of their companies.

The report says that 52 per cent of corporate service professionals, 50 per cent of healthcare professionals, and 33 per cent of education professionals are confident about their companies faring better in the next 6 months.

The survey also found that only 17 per cent of employees in small and medium businesses are offered support for physical health, while 14 per cent are offered support for emotional well-being – a decrease of 7 per cent and 3 per cent respectively from last fortnight’s results.

Source Article

Lois C. Ferrara

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