A survey was conducted with 1,200 Indian employees and 700 Chinese employees across organisations and sectors.
Even as both India and China compete with each other to retain the fastest growing economy tag, Indian employees were more confident about the state of their economy (50%) over the Chinese, who seemed to be less self-assured (28%), a report said.
"Employees in India are far more positive about the state of their country's economy, as 50% of employees in India rating the economy good to excellent compared to 28% employees rating the Chinese economy good to excellent," according to Michael Page Job Confidence index survey.
The study drew a comparison between the responses from over 1,200 employees in India and over 700 employees in China, from mid-senior level, across organisations and sectors.
The survey also revealed that employees in India were more optimistic about the next 12 months with regard to better skill development (74% compared to 72% in China) and career progression (72% compared to 67% in China).
However, employees in India were less satisfied about salary (21% compared to 16% in China), opportunities for promotion (31% compared to 28% in China) and job security (20% compared to 14% in China), it said.
"Interestingly, Indian employees seem to be less satisfied about certain aspects of their job compared to their counterparts in China. This can be attributed to an optimistic mindset and a better sentiment of market conditions hence higher expectations," Michael Page India Senior Managing Director Sebastien Hampartzoumian said.
About 44% Indian employees cited new skills development as the top reason for conducting a job search, while 43% of employees in China sought work-life balance.
In China, keenness to attain a healthy work-life balance is prioritised over new skill development, which seemed to be of greater significance to Indians.
Both countries showcased a willingness to explore working abroad.
"India's growth story has been closely linked to skill development over the last two years and seeing this taking importance over salary increase is very surprising," Hampartzoumian added.
Overseas employment was generally seen as an attractive option across both nations, in India 64% while in China 59%, the survey said.
Indians continued to be positive about the opportunity to develop new skills and the possibility of getting a promotion this year.
In contrast, employees from China were slightly less confident, it added.
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