Overall recruitment style can be tracked by studying the latest trends in job placement services. Companies are hiring candidates based on certain trends, they are discussed below:
HIRING FRESHERS -Nowadays employers are showing interest to hire freshers. Freshers belonging to fields such as DevOps Engineers, CAs, SEO Analysts and UX Designers are the most desired candidates in today’s market. In terms of additional skills, the best placement offerings look for candidates with-
- Critical thinking ability.
- Growth oriented mindset.
- Quick problem-solving ability.
- Smooth learners.
According to the latest study, job placement services are on-going as per this rate-
Bangalore (65%)
Mumbai (61%)
Chennai (47%)
MORE AND MORE STARTUP COMPANIES- startup companies in India are growing rapidly. Startup sectors are taking young freshers. Graduates should keep a eye on fintech, edtech and ecommerce startup companies. Surging startup gives a sense of entrepreneurship.
RETURN TO THE OFFICE- Currently job placement services are going towards the “return to the office” trend. Employees are thereby regaining their routine and also social connection. As a result, they are experiencing more productivity, more innovation, more engagement in the work as well as teamwork ability.
GENERATIVE AI: Companies are vigorously adopting AI. This has resulted in a shift in job placements. Candidates with an expertise in Generative AI are in high demand. There is no doubt that AI technology is reshaping the job market.
DIGITAL SKILLS- With AI and automation ruling the job market, researchers are predicting that digital skills will be in demand. Therefore, job seekers who are experts in digital marketing, data analysis or coding will have an upper hand in the recruitment business.
GREEN JOBS- Prediction has been made based on recent data that Green Jobs and Green Skills will experience a surge in job placement services in 2024. For example, in Finance and Accounting sector, carbon accounting or sustainable investing is considered to be green skill. Other industries that require such skills are Manufacturing, IT and Telecoms, Transportation and Distribution.
TEMPORARY WORKERS- job placement services are expected to hire temporary workers for short-term projects. Recruiters do not place advertisements for these job opportunities. But if you are looking for job opportunities, look for companies that are hiring short term contractors. Job seekers can easily connect with them through social media platforms or can directly approach their workplaces.
HYBRID AND REMOTE WORKING- demand for remote work started during the pandemic. Now in the post-pandemic period, remote and hybrid working are still in place. Companies are demanding office presence for only 1-2 days in a week. Consider applying to organizations where there are multiple offices holding an opportunity to work from anywhere.
DATA PRIVACY AND CYBER SECURITY ANALYSTS- with an expand in the digital realm, data privacy and cyber security analysts are also becoming significant. They basically strive to provide security and confidentiality to sensitive information to protect the company or organizations from dangerous cyber threats.
HEALTHCARE TECHNOLOGY- nowadays healthcare is getting digitally revolutionized. Hence healthcare technology professionals will witness the best placements in the upcoming years. These professionals take care of patient health as well as improve the functioning of healthcare organizations by using technology such as telemedicine and health informatics.
PREDICTIVE ANALYTICS- the role of employers is to hire candidates who will increase the productivity of their companies. Although they can predict which candidate is best for serving this role, but predictive analytics helps recruiters in making highly informed research based estimation. Predictive analytics can make predictions about the future based on old and recent data. Predictive analytics can dig data from resumes, job descriptions and HRMS to predict who will be the best candidate. Recruiters are not making these decisions entirely depending on these machine algorithms but they are surely taking the advantage of the predictive analytics. The machine can predict which candidate is more worthy of being interviewed or hired as well as which ones are more likely to serve the company for a longer period.
MENTAL HEALTH- These days mental health is gaining focus in the job placement services. Companies that are known to have best placement services are providing mental health facility for the employees. Mental health issues such as anxiety disorder and depressiveness are very common in private sectors. Therefore, companies are offering free online mental health apps to help employees keep track of their mental health. These apps also include activities such as yoga to improve mental health of workers.
CONCLUSION
Overall job recruitment in India is expected to see a surge by 8.3% in 2024. Bengaluru is expected to experience best placements with a surge of 11%. As automation and AI technology are becoming a huge part of job placement services, it is very important to address the significance of human touch in the tech world.
