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Google India has been named as the country's most attractive employer to work for the second consecutive year and despite slowdown, the IT sector continues to be the most preferred sector to work for in the country.
These findings came from Randstad Employer Brand Research, which covers 75 per cent of the global economy with 26 participating countries and around 1.6 lakh respondents worldwide.
Apart from Google, sector-wise, Amazon India was the company of choice for employees working in the e-commerce sector, ITC Ltd for FMCG, and Philips India for Consumer and Healthcare.
However, in the survey, 56 per cent of the respondents have pointed out that job role is more important, than employer brand.
Interestingly, working for the Indian IT sector came up tops when compared to other sectors such as BFSI, FMCG or retail.
This is coming at a time when the $155-billion Indian IT sector has grown at 8.6 per cent in the 2016 fiscal and is staring at global macroeconomic uncertainties like Brexit, change in visa policies and rapid technology shifts.
Despite this, around 65 per cent of the workforce preferred working in the IT sector. But 70 per cent of the workforce wanted to join the IT sector in 2016.
BFSI and retail and FMCG, followed it up with 63 per cent and 62 per cent, respectively.
Further, the factors influencing the choices made by employees included salary and employee benefits, followed by good work-life balance and job security.
Similar to last year, this year too, salary and employee benefits continue to be the top driver among the Indian workforce across all profiles while choosing an employer.
This is followed by good work-life balance and job security.
It is interesting to note that the importance accorded to good work-life balance has increased considerably across all work profiles, with this attribute moving up to second position from number 5, as per last year’s findings.
Around 31 per cent of employees said that they are not loyal to any one industry or sector and are open to shifting industries.
The survey findings pointed out that 31 per cent said that they are not loyal to any one industry or sector and are open to shift industries.
Compensation continues to remain a key driver in determining employee loyalty to a sector.
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