The half-yearly ‘India Employability Index’, developed by inTouch analytics for a large, India-based, Education & Staffing business, is a comprehensive report on the state of employability across India. Some of the highlights of the report would be –
• Localized, conceptually sound and actionable framework of Employability
• What exactly is employability – and what are its true drivers – in the Indian context
• Are current curricula and educational infrastructure building / reinforcing key employability factors
• What considerations are missing / priority in industry-institution interfaces
• Industry- and geography-specific diagnosis for skill-gaps
• What ails sector-performance in terms of talent utilization and availability
• What is the larger cause–effect factor that influences matching of candidates and jobs
2. ‘employability’ is a BIG, untapped idea
Big picture: Unexplored, Not measured, Not yet discussed
Currently Analyzed, Discusse
Institutions
Ranking
Salaries, Growth
People Hiring
Jobs
Employers (Ranking)
Labour Policy
Government
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3. strategic positioning of the index
High
extending the envelope
Knowledge
by leveraging knowledge
Existing marketspace contours
High
Delivery
High
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4. defining employability
Employability refers to the capacity and willingness of
workers to remain attractive for the labour market
(supply factors), by reacting to and anticipating changes
in tasks and work environment (demand
factors), facilitated by the human resource development
instruments available to them (institutions)
-- an ILO definition we adopt for
India
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5. index framework
Composite
Employability
Index
Dimension
s
Supply Demand
Index of Index of
Employabilit Employabilit
y Arithmetic / y
Geometric Mean
Employability Assets Current Workforce
Presentation Employability
Profile, Analyze Dimensions
Deployment Need for Employability
Aggregate, synthesize, arrive at Index
Context Factors Effectuation Conditions
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6. employability assets
High level Transactional & Relationship skills
skills that contribute to
Team work, managerial / leadership skills
organizational performance
Intermediate
Knowledge & Communication-related
job specific,
generic and key skills Planning, organizing and executing tasks
Baseline Behavior & Thought-related
basic skills and Traits such as Reliability & Honesty
essential personal attributes
SKILLS
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7. presentation
verifiability
assessability demonstrability
appointment to
appropriate position
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8. deployment
Seek & Capture
SWOT OPPORTUNITIES
HIRED TRAINED PROMOTED
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9. current workforce employability
geographic Mobility between jobs
Willingness
Capacity
Automobile
IT
Communications
Up-skill
Agriculture
BFSI Training
scale
Multi-skill
Functional
Flexibility scope
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10. need for employability
Innovation Markets
Advancements Competition
Obsolescence Resources
Technological Economic
Organizational Demographic
Growth Diversity
Opportunities Qualification
Culture Age
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11. external factors
general labour market situation,
local labour market demand and possibilities for career counselling,
employer attitudes provision of training courses
Opportunities
Opportunities
Demand
Supply
Context Effectuation
factors conditions
personal circumstances willingness and preferences of
individual employees
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12. partnership opportunities
client association
data & insights syndication
media
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