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Emerging trends in the job market The world of work is changing in myriads of ways and at rapid and intense speed Technology significantly plays a crucial role in harmonizing, within and across industries Talented people are in demand all over the world
Working culture • Many companies in India have adopted 24 hrs working culture • The work is performed in rotational shift schedule • Pick up and drop facility is provided for the employees • Recreational activities are provided to motivate the employees.
International job scenario • Indian students are achieving high academic standards and making it to the honour roll • More openings are available to Indians in the international job market • Major areas of specialization include, IT, Management, Accountancy, Engineering, finance, pharmacy, software, BPO ect.
Performance linked salary • Hiring good people and treating them well is critical to the success of the company • Performance linked salary is becoming a common trend in job market • In most firms, performance criteria are linked to individual, team and company performance • Doors are wide open for performers and one can walk with good salary
Shift of focus from employer to employee • A significant emerging trend in the job market is the growing importance of the employees. • In the growing tendency of job, the employers are offered competitive salary and other benefits. • “quality of people is a key determinant of success in a rapidly changing world”.
Recruiters expect Factors needed to ensure getting a well paid job are • Relevant Qualifications and Experience, • Intelligence and knowledge, • Creativity and a dynamic personality • One has to be smart to understand what would work, where and when.
Creativity at work • “set your own targets, achieve your own goals” • Create opportunities for yourself • The present day companies are willing to give you the freedom to work creatively. • The company give freedom for growth and benefit of the company for which you work.
All rounders • The recruiters select an average academic record but possess certain qualities that are a ‘must’ in a practical business. • The recruiters look for all rounders. • Theoretical knowledge is put aside once you become a part and parcel of today’s corporate world.
All rounders • The recruiters look for in a candidate with a team spirit • They look for a candidate who can successfully work in coordination with staff • They look for a candidate who is dedicated and committed to work for the company
Leadership and vision • Any management look for people with leadership and vision • Any candidate should have the ability to lead and motivate a team • Any candidate should have the ability to create strategies to meet new challenges • Proper educational qualifications are a must for all position
New thoughts and new energy • Candidate having a positive outlook is important • A consistently good academic record is a proof for that the student • Based on their intelligence and knowledge their performance is evaluated.
Qualities expected by the organization • Highly competent, motivated, innovative approach, negotiating skills • Excellent public relations and inter personal skills, pleasing personality, smartness, good academic records • Creativity, exceptional conceptual, analytical, extremely good and active contacts within the industry • Good track records of success, go-getter, dynamic in nature
Employment opportunities: • The job market being highly competitive today, it is desirable to posses additional relevant qualifications • This will provide an edge and enhance your chances of getting a lucrative job. • For a gainful employment in addition to a degree other professional qualifications are essential requirements.