Indian employees are more confident about the state of their economy than the Chinese. Nearly 50 per cent employees in India rate the economy good to excellent compared to 28 per cent Chinese employees rating their economy good to excellent. Employees in India are more optimistic about the next 12 months with regard to skill development and career progression. India and China are competing with each other to retain the fastest growing economy tag.

However, Indian employees are less satisfied about certain aspects of their job compared to their counterparts in China. They are less satisfied about salary, opportunities for promotion and job security. About 44 per cent Indian employees cite new skill development as the top reason for conducting a job search, while 43 per cent of employees in China seek work-life balance. In China, keenness to attain a healthy work-life balance is prioritised over new skill development, which seems to be of greater significance to Indians. Both countries showcase a willingness to explore working abroad.

Overseas employment is generally seen as an attractive option across both nations. In India it’s 64 per cent while in China it’s 59 per cent. Indians continue to be positive about the opportunity to develop new skills and the possibility of getting a promotion this year. In contrast, employees from China are slightly less confident.