“HOT CAKES” of the Job Market

Well, the job scenario is changing with incredible speed. Jobs that are relevant and inevitable today become redundant tomorrow. It doesn’t matter whether you are a recruiter or a job seeker; the challenge is equal at both sides. You are always required to be ready for the unexpected situation.

As career options become more and more dynamic and volatile, it is not sufficient to follow the conventional, prototype thinking. You need to be ready for tomorrow by reading the pulse of the market today. Those who can do it well, secure a great future. Those who fail to understand the severity get sidelined. The choice is yours!

The success stories of conventional profiles is a past now

Certainly, old-styled profiles performed well in the earlier times, but today it is not possible to survive with it. Technology is taking new shape every five years, and the operational processes also undergo a tremendous change accordingly. Some occupations phase out and some new ones appear in the scene.BrowniesIt is undoubtedly true that the ‘Generation Y’ will have the upper hand because it is sharper and smarter. However, those who have spent considerable time in the professional field can also sail through well if they identify the dynamism of the situation.

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Some careers that will rock the job scenario

As you read the article, you get a deeper and more profound understanding of what are the job profiles that will rule the professional world.

  1. Web developers: Every business, big or small will require having the online presence tomorrow. Thus, there will be a great demand for seasoned web developers. Not only the job is lucratively paid, but there is a lot of excitement into it.
  2. SEO experts: It is not sufficient to make a fancy website, but it is equally important to make it sufficiently visible to the viewers. Search Engine Optimization or SEO is the science behind it. If you are an SEO expert, then get ready for a fantastic future. There is going to be a huge demand for it.
  3. Data scientists: Do you know that the data volume generated in last 10 years is more than the data volume generated in the entire 20th century? It is needless to say that the volume is going to increase manifold. To manage such a humongous volume, every industry will recruit seasoned Data Scientists. They will be responsible for the data collection, data processing, backup, and security. Proficient scientists will get handsomely paid.
  4. Engineering design, research, and development: The importance of core engineering design, research and development will not diminish in the coming years also. Yes, the ways and means will change, and the things will be more system-driven than today. R&D will be the backbone of growth and success of every business.
  5. Medical assistance: Healthcare is an ongoing field. This multi-billion dollar industry will take a new shape worldwide. With the increasing globalization, there will be more job opportunities for medical assistants. Increasing standardization will open the global market for people. Paramedical staff, technical assistants, helpers, and managers will be preferred by employers.
  6. Financial advisors, auditors and account analysts: Wealth management will be taken seriously by entrepreneurs because of increasing pressure on the bottom lines. Hence, financial advisors and account analysts will get more respect. Similarly, auditors will also get tremendous importance because they will control money matters.
  7. E-education: Education sector will undergo a tremendous transformation tomorrow. E-learning, distance education, and computer-based learning will be the buzzwords. Educational experts who will earn a command over these new-age techniques will enjoy a great time. It is critically important to have a grip on the futuristic educational methods.
  8. Management analysts: If you are a management student with excellent analytical skills, then the progressive and challenging job of Management Analyst opens new avenues of growth. Recruiters will be interested in recruiting people who can analyze and suggest solutions quickly.
  9. Actuaries and statistical tools: As discussed earlier, the dynamic business scenario will put tremendous pressure on top and bottom lines. Business managers will have to be alert always. The perfect use of advanced mathematical and statistical tools will reduce the financial exposure and risk. Every industry will look forward to recruiting experts either in-house or hire a consultant. In both situations, expert people will get fabulous opportunities. There is a huge scope for the young and dynamic professionals who know Actuaries and other statistical tools.

Thus, job scenario is pretty exciting tomorrow. With the focused approach and dedication, one can achieve incredible height in the company. It is very much important that one develops skills and proficiency in the fields that will have a great demand tomorrow. It is the secret to success in a volatile and uncertain job market.

Success Traits for Interview

When you apply for a post, you think that whatever is mentioned in the advertisement will be looked by the person sitting in the interview room. You focus a lot on the technical aspects, job knowledge, and profile. However, to your disappointment, the interviewer asks a few questions related to it.

He is keener to know about what are the challenging situations faced by you. When did you implement your technical skills to resolve a business problem? What is the most stressful moment in your life so far? How do you visualize the shape of your field after five or ten years down the line?

What is the interviewer trying to assess? He is trying to find out a few traits that stand out you differently than others. These qualities overshadow your technical skills.

Here are ten important qualities that you must possess to become successful in the professional life.

You can tell about your growth path precisely

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If you can tell about the career path precisely and keenly, then it is a good thing. You know your strengths and weaknesses. Interviewer understands that you have followed your passion and vision carefully and keenly.

There is another important aspect. You should be able to explain about the career path going forward. Experts say that employee should look ‘self-directed’ instead of being directed by others. Those who look confident can drive the things better.

You can tell about success stories

When interviewers ask about your success stories so far, they expect precision. You should be able to tell what exactly ‘you’ did in the project? What was your contribution ad how did it help the project’s success?

When an employee talks to the point about the contribution, it gives an impression that he has really worked on the project. It is not a story cooked for the sake of interview. It is not required that you climbed Mount Everest or got a Gold Medal in Olympics. The achievement could be small but meaningful.

You know what you can do the best and what are your limitations?

Your employer wants to hire you because he expects that you can fulfill the expectations, rather you perform beyond expectations. You are asked about what is that you are proficient into. That task will be given to you. It is expected that you do it well. Hence, you should tell about the expertise.

If you are a genius in MS Excel, then mention that confidently during the interview. It creates a positive impact. In case the interviewers go into deeper, then you should not disappoint them.

You can think independently, but take the team along to achieve it

A leader should be visionary. He should lead the team by giving unique ideas. It is possible only when the leader thinks independently. However, it is impossible to take the idea forward without the support of your team.

For this reason, during the interview, you should emphasize on your ability to think independently and differently. However, you should show the ability to lead the team to implement the idea. People love to hire great thinkers who are also great leaders. When smart people are there to brainstorm, the company achieves unprecedented growth.

You should not be ashamed of showing your ambitions!

Is it a bad thing to be over ambitious? At least entrepreneurs don’t think it bad. Ambitions are good because they drive a person to work hard and achieve excellence. It means that you don’t like to be confined into the routine framework. You love excitement and challenge. You want to climb high and high on the ladder by mastering new skills and abilities.

From the organization’s perspective, it is a good thing. You can be a driving force for others in the organization. You can set new benchmarks of success. Therefore, don’t hide your ambitions but put them assertively and positively.

Show your interest in learning new things

Sometimes, interviewers play a trick. They understand your interests and liking first. Then, they inform that you are being hired for a profile that requires a totally different skill set. What will you do in such situation? Mostly, people fall in the trap and refuse the proposal.

Interviewers assess your ability to swim against the current. The more willing you are to learn new skills; the higher you can reach the organizational hierarchy. Hence, don’t refuse the proposal blindly. Inform that the profile requires different skills, but you are ready to learn the same.

You are goal-oriented

Show that you are a person who sets the goals and achieves them diligently and precisely. You love challenges and feel proud in conquering them.

All these are the traits of winners. No organization would like to recruit losers. Showcase your skills well to hit the Bull’s Eye!

TALENT ACQUISITION – BEST V/S RIGHT

Well, as the HR manager what should be your aim; recruiting a person for a vacant position or acquiring the best talent or hiring the Right Talent?

Recruiting is the process of identifying people that match the basic eligibility criteria and to screen the talent or skill against the Job Requirement and Company culture. Putting the right people at the right places.

When we talk about Talent Acquisition, then it is the process of measuring a candidate on different parameters such as experience, industry knowledge, Mapping Skill to KPIs, Cultural suitability, temperament as required for the role, and knowhow of the profile. Also, the candidate is checked for how good he or she fits into the strategic framework and existing team.

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Experts emphasize the need of having a structured Talent Acquisition system that looks at the process in a wider perspective than just taking people onboard. Some tips to develop a right environment for Talent Acquisition in the company:

  • What is the Key Result Area of the prospective team member and what Key Performance Indicators will be used for measuring the success? For this, you need a detailed job description and specific and measurable results that would impress you.
  • Look at the company culture and environment before you hire a person. Keep in mind your brand and check how well the person is going to fit into the framework? How is your organization viewed in the market? Is there a mapping between the image perceived by others and the vision of your company?
  • An open position in the organization has to align with the departmental and organizational goals. It should fit in the organizational budget, and you must hire the most suitable employee.
  • Look at the source (talent pool) from where you are taking a person onboard. Are you looking at the resume randomly? Are you using technology-dependent interface? Are there any internal recommendations? You should derive the respective scrutinizing strategy for each category.
  • Make sure you create a positive and realistic image of the company, while interacting with the candidate. Treat them with respect and fair judgment. It is imperative in either of the situation, whether you take a person onboard or not.
  • Bringing people together through human touch, putting Right person for the Right Job is the key.

Is the brand helpful in acquiring talent really?

The brand is your identity in the competitive marketplace. Experts rate it high for enhancing the visibility and acceptability.  Gone are the days when branding was significant to the product marketing. Today, every function makes use of it to add to the growth of the company. Hence, even the HR team also uses company brand and brand image to carve a niche in the prospective job market.

When it is the time to find out and obtain the most deserving talent, the HR team has to showcase the benefits of joining the organization by amalgamating the brand image and HR policies. The HR aspects of the brand need to be enticed while interfacing between the talent pool and the organization. According to the recruitment geeks, a sturdy branding results in tapping an excellent talent pool.

Some people are fascinated with the brand. They should be tapped by the HR at the right time. Make the brand propagation well so that a positive publicity can be made. At the same time, make sure that the hiring process is clear, unambiguous and simple. Offer a user-friendly interface to the job aspirants so that they find it interesting. Also, the best talent that is being hired by you should see the consistency in the brand.

Why companies fail in retaining the talent?

You put great efforts in acquiring the cream of the talent, but the efforts go in vain if you can’t keep them working with the team longer. Why does it happen? Is there any fault in the acquisition process? No, it isn’t! The problem lies somewhere else. Experts blame these three aspects for not retaining the best talent in the company.

When nobody talks about career progression

Yes, talented employees are always worried about their career path because they know their ability. When your company doesn’t give a clear picture of what they will be doing after five years from now, it is certain that they will look for another opportunity.  Unfortunately, even in big companies bosses seldom talk about it.

Frequently changing strategic priorities

You hire them with the assurance of giving a challenging project, but end up with assigning mundane operational things because of a sudden change in the priority. When your organization keeps on changing strategic priorities quite often, talented employees get frustrated. ‘Jerking around’ is the last thing they would prefer. Hence, don’t experiment with the top-seeded talent you hire.

Micro Management, the most irritating aspect

Talented people don’t like their activities to be tracked out at the micro level. At the same time, they do not run away from their responsibility and accountability. They love to lead a project and ready to take the acclaim as well as the criticism for its success or failure.

When top management doesn’t allow them to work freely or look into the miner things, they get extremely irritated. Remember, they always welcome constructive criticism, suggestion or insight. However, they simply can’t tolerate preaching or poking.

Ambiguous hierarchy

Top talents get irritated when there is no clarity about the positional hierarchy. If you have a matrix structure where anybody can report to anybody, then it has to be made clear at the time of talent acquisition. If there is an ambiguity in the reporting structure, it is very likely you lose the best talent.

Conclusion

It is quite clear that hiring the best talent is the half part of the success story. The real challenge lies in retaining it for a long time. The more you keep them onboard, the higher is the benefit.  Hence, do not leave a stone unturned while retaining the top talent.

Shaping Your Career in 2017

The year 2016 was quite eventful across the globe. We saw a lot of socio-economical and political changes last year. From Brexit to the US Presidential elections and from Olympics to Paris attacks; it was a happening year.

At job front, the scenario was average because things like Brexit created a lot of turmoil and confusion which took some time to settle down. As far as the year 2017 is concerned, job market experts feel that the scenario will be mixed. Since the new government in the US will impose new policies in the US, the aftereffects will shatter the whole world.

For those who want to step into the professional world or those who want a career lift would require moving cautiously and consciously. Hasty and haphazard decisions could bring utter disappointment and dismay.

If you are a budding talent or a seasoned professional who expects a great boost in the career this year, then the below-mentioned aspects could be really helpful.

Set expectations realistically in 2017

Did you put extensive efforts in searching a lucrative job last year but couldn’t get a breakthrough last year? If yes, then perhaps you put extraordinary expectations. For your disappointment, the coming time won’t bring an exciting job market either.

Entrepreneurs worldwide are moving ahead slowly and carefully, looking at the changes happening worldwide. Even if we talk about the Indian market, then the demonetization impact hasn’t been over yet. Industries are recovering from the setback, and it will take another six months to get recovered fully, and that too if the budget is encouraging.

Hence, you should look for job opportunities that will enhance your professional skills and job knowledge. Even if the salary hike is not extraordinary, you should accept the offer without a second thought. The new position may not be as satisfactory as you thought, but it would make you prepared for further exciting opportunities tomorrow.

Writing authentic / original CV with real facts about your role and contribution – in your own words and with right keywords

Do you feel you couldn’t impress employers last year because the Resume format you have been using for quite some time has become old-fashioned? Yes, it is the right time to work on it in the year 2017.

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Remember, people do not have time to read the whole array of information. HR managers look for keywords and shortlist candidate that match the selection criteria. Hence, you will not get interview call if you do not have relevant keywords in the Resume, regardless of the fact that you are the most qualified candidate.

Assess your value in 2017

Have you been sticking to the same job for quite some time? It means you haven’t evaluated your worth. You are in a comfort zone and don’t want to take a risk. Remember, those who are afraid of facing challenges do not get rewarded.

Even if you are not in a mood of changing the job today, it is a high time to look around for opportunities. Get in touch with HR managers of other companies or simply talk to a job consultant and you may find a great opportunity waiting at your door step.

If you are completely frustrated with work, then take a break

Well, it sounds absurd. However, those who can afford to keep themselves off from work must do it. Frustration gives terrific stress, and there are long-lasting implications, believe it. Hence, you should resign and do nothing in the year 2017.

Go to your favorite beach or book the tickets for a pilgrimage tour. Visit destinations that you have always been dreaming about. Enjoy late-night parties, Casino and cruise. Get recharged and start searching for new and exciting job offers. It is guaranteed that you will deliver wonders!

Learn a new skill or ask for job rotation

Rolling stones gather no moss; the proverb has lost the meaning in the modern world of multitasking. When you are really serious about shaping your career, you need to learn something new in the year 2017. It could be a new skill (MS Project) or a new job process (material dispatch) or job rotation (ask transfer to some other function).

Certainly, the initial few months will be a nightmare, but you will get hold of the situation eventually. It will add value to your Resume and personal profile.

Hear the footsteps of emerging technology

You need to be proactive as far as the use of new technology is concerned. The world is changing pretty fast. Something you learn today becomes obsolete tomorrow. In the year 2017, you must keep in touch with what is happening around. Read about what is hotcake in the market and grasp it. You need to be proactive to beat others.

Conclusion

The New Year starts with a new hope and a new agenda. Remember, it is not just a date mentioned in the calendar but the right moment to start something path-breaking. If you haven’t been successful in the past using the age-old job search strategy, then start following some out-of-the-box procedure and get succeeded.

Let the year 2017 bring a phenomenal change in your life. Of course, it needs a lot of efforts from your side. After all, No Lunch is Free!

Should Startups Hire Recruitment Firm?

People often have strange ideas about startups. They feel that it is something out-of-the-world where there is no room for the conventional thinking process. Yes, the startups are certainly different than others, but they are also required to follow some of the conventional concepts while defining the operational framework.

Imagine a situation where you are the entrepreneur. You want to launch a startup venture which is based on some offbeat concept.  In spite of it, you must follow some of the conventional concepts such as keeping the HR function in the organization.  Team HR in your company will manage everything about the human resources. Apart from it, the team will ensure process and compliance.

What if you don’t have HR in the organization?

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When people tend to avoid HR just to do something different without any rationale, the result is not pleasing either.  Apart from the challenges of managing the workforce, there will be a plethora of problems.

  • The rapid growth of workforce becomes a challenge since there are no processes and procedures. Since the HR function is non-existent, you don’t have anybody to take ownership of it.
  • Studies say that companies that ignore the HR function (or fail to take it seriously) are very likely to falter within five years of their life. If you look at the reasons behind their failure, then ignoring HR is amongst the top three.

However, you may take the decision of not having an in-house HR function initially. It may be a stop gap arrangement till you establish in the market.  In such a situation, you should seek help from a recruitment firm.

How does a recruitment firm add value?

You are relieved from the hassles of recruitment process

If you decide to keep the HR function lean and thin, then it is a big challenge to manage the recruitment process effectively. You need to read hundreds of the application forms and arrange them in the order of experience. Whether you follow the conventional method of paper-based scrutiny or read the soft version on the computer screen, the task is equally cumbersome.

When the recruitment firm does it for you, the task becomes manageable and simple.  Since you get only selected profiles matching to the requirement specifications given by you, the time and efforts put by the HR team are saved.

The benefit of connections

Whether you are a startup company or an established business house, you need to hire people for top levels. It is impossible to hire them without a strong network of connections because profiles of senior people do not get float openly. You need to approach them through some link.

When you hire a recruitment firm, you can connect to the people who are looking for better career prospects. Because of the intricate networking, recruitment firms are in a better position than the in-house HR team to find out profiles of senior people.

Interview process becomes handy

In spite of so many advancements in the recruitment process, the importance of personal interaction is unbeaten. The success rate of the interview process is measured by the quality of candidates hired. Remember, professional recruitment firms know the tricks of identifying superior candidates.

However, it is very much important to brief the recruitment agency about the organizational fit and the organizational culture. Even a good agency delivers a mediocre job if the requirement is not explained well. You should search people who gel with the vision, mission, and ethos of your company.

You are a startup company and not a brand that will attract great talent

Every big organization has a brand value that attracts the best people in the market. When you are a startup company, you don’t have a brand identity. Imagine yourself in the shoes of the candidate, and you will realize it. When a recruitment firm talks to people on your behalf, it places the job profile in a systematic and impressive manner. Thus, you have brighter chances of hiring good quality talent.

Nowadays, everyone explores the online world for assessing the quality and reliability of the employer. When candidates approach the recruitment firm through social media or read about the company profile and job details; they get better convinced. It is impossible when you do it in-house.

Experts say that the benefits achieved by hiring expert recruitment company compensate the expenses incurred in hiring them. Hence, it is a profitable business proposition.

Tap the prospective talents only

When the top and bottom lines are stretched because of cost pressures, you should spend every penny wisely. Studies say that in the conventional method of recruitment, a large percentage of resources gets wasted in tapping the applicants (who may not be interested in joining or not suitable to your needs) and not the prospective talents.  Thus, you spend a sizeable time in scrutinizing, matching and assessing the candidates. The efforts go waste.

When you assign the task to a recruitment agency, it uses a profound process that filters out unwanted or unmatched candidates. You talk to a prospective employee who is looking for a change.  A pre-selection criterion saves great efforts.

Last, but not the least; you save cost as well!

Undoubtedly, hiring a recruitment firm is cost-effective than managing the task of recruitment in-house. Having said it, you need a profound team of HR officials to monitor it.  Also, you are supposed to allocate considerable budget initially, it pays off in the long run, though.

Since all of the tasks related to recruitment are managed by an expert, your in-house team gets a lot of productive time for other important stuff. The mundane task of hiring people can be managed by the recruitment firm effectively. It possesses a team of HR experts who can scrutinize and shortlist candidates effectively.

Conclusion

You have a plethora of critical things to do when you launch a startup organization. Don’t waste your valuable time and energy in the recruitment process. Hire a service provider who takes care of everything well.