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Recession: The Test for Self Potential

Views 12 Views    Comments 0 Comments    Share Share    Posted 09-03-2009  
According to a survey conducting by TeamLease on Changing Expectations at Workplace, 80 per cent of employees in India ’s corporate sector have expressed belief that in the current slowdown, it is only one’s skills that one can bank on. Improving skill sets is the best thing to do right now as there will be a survival of the fittest in the long run, the survey report suggests. 50 per cent respondents believed that switching to alternate sources of income or entrepreneurship is the best option while 30 per cent say that moving to government jobs is the last option. 27 per cent admitted that they have changed their financial planning pattern recently. City-wise, Delhi has faced the highest negative impact (52%) among em ployees due to current slowdown. Hyderabad employees are least likely to look for a job while 75 per cent respondents in Mumbai and Pune are looking for new jobs. Layoffs are highest in Mumbai followed by Delhi and Ahmedabad, but low in Chennai and Pune.

Courtesy: Hindustan Times Business
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