NEW DELHI: With technology replacing a lot many traditional jobs, the year passing-by appears to be a transition year for the employment space with hiring for several entry-level profiles taking a big hit in 2018 and average salary hikes remaining static in a range of 8-10
Going forward, experts and hiring managers are hopeful about more than 10 lakh new jobs in the new year, though salary hikes may still remain the same. However, people in some specific evolving skills may get much more.
Going forward, experts and hiring managers are hopeful about more than 10 lakh new jobs in the new year, though salary hikes may still remain the same. However, people in some specific evolving skills may get much more. Some major hiring trends of 2018 have been the increasing use of digital and social tools; growing adoption of virtual reality and video-based profiling and interview; and intelligent screening and assessment. Also, there has been a surge in use of social media platforms like LinkedIn and Glassdoor.
Moreover, job seekers seem to give higher preference to workplace culture, learning and growth opportunities, innovation and work-life balance over salary and other benefits.
Other sectors that showed improvement this year include infrastructure, manufacturing, retail
Going ahead, banking, financial services, retail, logistics, IT/ITES, e-commerce, start-ups, consumer goods, infrastructure and healthcare will see the maximum growth in 2019, said Rituparna Chakraborty, President of Indian Staffing Federation.
Experts say that while 2018 was a year of recovery following demonetisation and GST implementation, 2019 will be a year of caution.
