New findings of a job seeker research showcases the overcoming challenges of finding a job in today’s market. Today, 3 in every 4 professionals will consider changing jobs or looking for new roles in the next 12 months. Based on findings from the Indian Staffing Federation, the sector has 15 leading firms which grow at 12 percent and account for Rs.270 billion in revenue.
There is a sense of worry and uncertainty among Indian professionals. One-third of job seekers worried about too many recruitment stages and long application documentation while 74% said they had reservations about networking to find a job. Indians remains strong towards career growth with 64% suggesting that they are confident about future progression, 38% attending networking events and 37% investing in online learning to find a new role.
The top 15 career trends on the rise in 2021 are:
1. Freelance content creators
2. Social Media and digital marketing
3. Marketing roles
4. Business Development and Sales
5. Specialized Engineering
8. Artificial Intelligence
11. Data science
13. Human resources
14. User experience designer
15. Customer service
You can notice from the list of these jobs that digital transformation drives these industries, whether it is technical or non-technical roles. Here, teams are more collaborative and work in a remote work culture. Audience builders and content creators are most important to their brands. Other related skills that are at the heart of operations are user and customer experience, education technology, and emerging technology like Artificial Intelligence and Machine Learning.
Some of the trends in the market are:
1. Individuals and brands are connecting with audiences online,
2. Cybersecurity is important for a digital future,
3. COVID accelerated the need for emerging tech like EdTech, HealthTech and FinTech,
4. Customer Experience is vital, and
5. Reskilling and Upskilling will help talent and boost performance.
Trends that will affect the staffing Industry
1. Skill and Talent Gap Problems
39% of employers in India find it hard to attract and find quality talent. This is because 90% of the jobs are skilled-based and only 2% has the right skills.
2. Growth of Gig Economy
A McKinsey study suggests that 20% to 30% of workers are involved in independent work. This will affect the talent strategy and temporary staffing will gain more ground.
3. Increase in Digital Staffing Platforms
With the rise of contingent staffing, digital platforms are growing and companies match the talent needs of job requirements and enterprises in a cost effective manner. These firms are new entrants in the market but pose a challenge to traditional staffing firms.
4. Use of Technology
Technology will be an important enabler for staffing companies and now, artificial intelligence can automate 75% of recruitment process. These processes include attendance, expense management and other compliance and approvals.
There will be a huge amount of growth for the staffing industry in the next few years. In the last five years, the growth rate has been 20-25% year-on-year and there are no signs of it slowing down.
Arnold Consulting Pvt. Ltd. is a global leader in recruitment and staffing and we ensure that we are on top of our game in providing candidates with the best jobs in the market and ensuring that are clients are happy with our work. Our company believes in partnering with you to succeed in your every endeavour and helping attain great heights. In case, you are looking out for a new role, please write to us and submit your resume to email@example.com now!