The survey revealed that 61% of companies believe they would require fewer full-time employees in the next three years
The use of Artificial Intelligence (AI) and robotics at workplaces is expected to double in India in the next three years from current 14% to 27% -- which is higher than the global and Asia Pacific (APAC) average, according to the "Global Future of Work Survey" by London-based global advisory, broking and solutions company Willis Towers Watson. The survey further revealed that 61% of companies believe they would require fewer full-time employees in the next three years.
As per the survey, very few companies (12%) and HR functions are fully prepared to address the organizational change requirements related to automation.
"Automation and the resulting shift in work arrangements will create new challenges that will test employer readiness around technology, future workforce requirements, HR programs and an enabling organizational structure," Sambhav Rakyan, Head of Talent and Rewards, Willis Towers Watson India, said in a statement.
"While our research does indicate that organizations in India are beginning to take small but solid steps to address this paradigm shift -- business leaders, people managers and HR must collaborate to identify and mitigate risks and take full advantage of the many opportunities that the future of work presents," Rakyan added.
The survey revealed that companies in APAC expect automation to account for on average 23% of work being done in the next three years as compared to 13% today.
"Also 33% companies in India believe that automation enables a flexible deployment of work to other locations, compared to the APAC average of 39%," it said.
However, in three years' time, a massive 70% Indian companies anticipate this automation driven work flexibility as compared to 65% in the APAC region.