A few years ago, Mid-Day used to enjoy widespread popularity. One of the reasons for the fame was the pages that were allotted to the job seeking section. It was not an alien sight to see people circling prospective employment opportunities in the paper.
A few years ago, Mid-Day used to enjoy widespread popularity. One of the reasons for the fame was the pages that were allotted to the job seeking section. It was not an alien sight to see people circling prospective employment opportunities in the paper. In the present day world, that time is long gone. Today job portals are used to look out for a suitable job. But, the changing condition of the economy does not spell a good time for job applicants. Some of the best job sites in India have forecasted a hiring lull in 2013.
If you have been searching for that dream job, the hunt will extend for a considerable period of time. Campus placements will witness a drop. It has been reported that FirstNaukri.com would be reducing the hires from campus placements in 2013. If you were vying for a job in the editorial team of a well-known newspaper, guess you will have to wait. On a side note, customer reviews have appreciated the effectiveness of the website. But, after this announcement, there is going to be a freeze on the positive reviews as well.
A news report further stated that hiring has reduced by 5% in Kolkata. The technological hubs, Bangalore and Hyderabad further witnessed a dip by 8%.
Factors responsible for the freeze in the hiring sector
The economic meltdown and the slowing of the Indian economy have led to such a situation. So, if you are not getting the perfect opportunity it is just not your lack of skills. In 2012, between April-June, a drop of 20% was recorded in hiring. I think you may have to cut down on some of those expenses till the time you can land up with your dream opportunity. A good job seems to be a ‘long time coming!’
Is social media giving job portals a run for their money?
One cannot ignore the growth of LinkedIn. 10 million people on the network in 2011 and still counting! This is real progress. It is a common roof that brings together professionals from different arenas. The option to ‘Apply with LinkedIn’ has invited positive consumer ratings. Job portals have made their counter move.
Times Jobs has recently come up with a novel feature called ‘Profile Endorsements’. Job Applicants can get certifications for any kind of skill, educational qualification etc…Customer reviews have been very favorable about the services of this website.
Applicants on the wrong side as well!
I know we are stressed about the unavailability of a good job, but lucky ones who get their dream opportunity don’t pursue it. 19% recruiters have stated that many applicants may take up the job, but refuse to turn up. The other issue is high expectations in salary. I know we all want to have a good bank balance, but we need to realistically quote a salary figure.
Development of an interesting trend!
If we are talking about the job scenario, I need to mention this fascinating trend. It seems as if students from big shot educational institutes are preferring start-up companies over established names. Approximately 30% of students from IIT Bombay have chosen a start-up company. It would be interesting to see the shaping of this trend, considering that employment opportunities are bleak.
A bright spot on a dark horizon!
By now all of you must be really depressed; you must have already started contemplating where to cut your expense. But, as they say ‘The best should always be saved for the last.’ Being true to this saying, I have exactly done that. It seems as if 2013 is filled with hope for job seekers. Shine.com has passed a statement that will lead to a shining smile on your face. It says, “The year may see at least 15-20% jump in hiring — both fresh and replacement hiring.”Customer reviews have appreciated the opportunities brought forth by this job portal. Employment opportunities are being generated in the interiors of the country. It indicates reasonable work force and tapping into different markets. But, employers have set forth stringent hiring conditions. The emphasis will be high on a strong skill set and selection of the proper industry.
Don’t be surprised if you find an employer doing a snoopy check on your background.
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