Not Getting Right Talent Costing Indian Eco 53k Cr: Study

"Emerging markets such as India and China have lower scores because they have fewer mature sectors and their geographic size limits talent mobility," the study said.

PwC India leader People and Change Consulting Padmaja Alaganandan said: "Factors such as low sector diversity, sub-optimal investment in personal skill building, policy hurdles and development rates have held down India's actual talent adaptability threshold.

"The loss, quantified for the first time underlines the importance we should be placing on driving flexibility, skills training and ensuring a more thoughtful approach to hiring."

As per LinkedIn India's Director, Talent Solutions, Irfan Abdulla "raising the level of talent adaptability in a market will go a long towards enabling economic success for everyone, from job-seekers to recruiters and the economy".

The analysis is based on interactions from LinkedIn's network of 277 million professionals, including 24 million in India.

This analysis was further cross referenced with information on 2,600 employers from PwC's Saratoga database, to understand which countries are better at aligning talent with opportunity.

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