It is believed that Changes and Uncertainties are the sole constants in the phase of Economic Maturity. These two powerful factors are the tipping points in any kind of Destruction and Revolution. They are powerful because they offer Scope and Cues to ignite ideas for reinvention, re-strategy, and reconsideration of existing mechanisms to successfully tide over their aftermath. In the current scenario of Economic devastation caused by Covid19, rampant survival and rehabilitation measures are getting churned by Human Minds in the arena of Business Sustenance, Business Expansion, and Business Diversification. Basis this, Organizations are always in quest for Fresh, Exceptional, and Aspirational Talent who could make that difference to their Growth Story with its unique Capabilities.
This year has been a change maker of all sorts. Macroeconomic Variables have been jolted like never before. A close look into Unemployment would highlight the uncertain line it has been treading since the last two months with a worrisome projection. Many freshers graduating from A List Institutes have their job offers revoked, while other Freshers with Job Offers intact, have their Date of Joining dangling in the air. Campus Recruitments seems to be farfetched for Companies at least for 2020 with an elongated question mark on 2021. On the other side, many Experienced Professionals are trying every measure to secure their Job by way of parallel Job Hunting at a compromised Salary and forgone Promotions in one extreme while we have many other Experienced Professionals seeking Greener Pastures causing a spurt in Organizational Attrition Rates on the other extreme reiterating Darwinian theory of “Survival of the Fittest.”
With this surplus pool of Fresh and Experienced Talent in the market without effective Jobs, there is a huge gap in the Job Market giving tremendous scope for Recruitment Consultancies to mushroom and scale-up. Historically, the Recruitment Market has not undergone any drastic reformations in the model of operations. Another notable aspect is the origin of Online Recruitment Start-Ups in recent times trying to effectively bridge the gap in the Employment Sector. Internationally, the Job Market Space is relatively opening up in Gulf and the Asia Pacific amid Covid19 with suitable openings for Freshers and Experienced Professionals. This could be a sigh of relief for prospective Job Seekers and International Companies who could capitalize on the current humungous pool of Talent in India. Global Manpower Consultancies are providing the perfect platform to such International Recruiters to source their best fit from the Indian Market. The processes of Online and Virtual recruitments embarked by such Global Consultancies facilitate the easy transition of Opportunities to Performance for these International Organizations vying suitable Talent for the association. With the right strategies and collaboration mechanisms, this shall be the ideal time for International Organizations to hire talent from India.
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