The latest version of the Indeed Hiring Tracker research makes an effort to understand the causes of emerging workplace trends and how organisations and employees can cooperate to retain top talent and lay the foundation of productive business growth.
Moonlighting is not equally widespread across sectors
Our study shows that less than one out of five employees (19%) surveyed want to moonlight in India with a large majority of employees (81%) saying they do not wish to take up another job alongside the one they currently work in; citing it as unethical.
In most sectors, a large percentage of employees feel moonlighting is unethical and violates the contract. This is seen in sectors like healthcare and pharmaceutical (70% of employees), FMCG (71%) and manufacturing (79%) echo similar beliefs about moonlighting. However, in the IT sector, a larger share of 43% of employees find moonlighting favourable.
Jobseekers "quiet quitting" because of burnout and lack of support
33% of the employers surveyed believe that low general job satisfaction (boredom, lack of challenges, etc.) is the main reason for the growing trend of quiet quitting, and 21% believe it is a lack of commitment to jobs. Employees cite a different set of reasons – 29% of employees surveyed believe that the feeling of burnout or being overwhelmed with work and 23% believe that lack of support by managers or bosses, has led to the growth of the trend.
Hustle culture gaining prominence
As per the latest Indeed India Hiring Tracker - 89% of job seekers surveyed were hired during the July-September 2022 quarter, indicating a healthy market for Indian jobseekers. Interestingly, there is a rise in hustle culture - 43% of employers surveyed believe monetary considerations (earning more and leading a better lifestyle) are the reason for the popularity of the hustle culture. On the other hand, employees cite repaying loans (37%) and career growth (29%) as reasons to want to earn more.
