Most Wanted Career In India

You want to know about the most wanted careers in India? The job market right now is a little awry, but it would soon get back with promising careers for the coming generation of geniuses.

Here is a peek into the future jobs with the maximum growth potential in the Indian market-

Event Manager- India has become a global arena for a myriad of events, meetings and conferences held every day across the country. If you are one of those pursuing a degree in communication, hospitality or public relations this is the place for you. The subcontinent is abuzz with new event management companies entering the industry by the minute and creating jobs, the jobs therefore, are plenty.

Annual salary- 1.35 – 8.17 lakhs per annum

Analytics Professional- Analytics is a profession which spans across various industries from healthcare, banks, e-commerce and marketing to information technology and biotechnology. It involves analyzing business strategy and devising or streamlining the organizational structure. All business want to stay ahead of their competition, this very factor creates jobs for the analytics professionals. A Bachelors or a Masters degree in business or finance is required.

Annual salary- 1.79 lakhs to 9.80 lakhs per annum.

For job search go to www.naukrisearch.com which is one of the leading portal site for service sector industry.

R&D Professionals: Research and Development is a progressive field in India. R&D professionals are engineering technicians, who use their knowledge to assist engineers and other scientists to create, design and construct new products or equipments that will be then marketed and sold to the consumers or specific industries. R&D professionals are also responsible for testing and conducting experiments on the product, bringing together data and recording outcomes, to spot if the product is operational or would it be profitable.

Annual Salary- 3 lakhs to 30 lakhs per annum.

Interior Designer: A new house needs building and designing, both these tasks were completed by contractors in old days. The scenario is changing with time, as people are employing interior designers to add a touch of beauty to houses and make them tastefully theirs. You can work under an agency, open your own or simply work as a freelance interior designer, it’s pretty flexible.

Annual salary (greatly varies) estimate- 91,000 – 5, 58,000 per annum.

Civil Services: India is on the brink of change and the change maker is the young generation. One of the most sought after careers in India, civil services provides you with a platform to make a difference. A public sector profession it makes for one of the most well paying jobs in India. All you need to do is clear All India Examination for Civil Services, which is said to be a tough nut to crack.

Medical Professionals: There is a perpetual demand for doctors and specialized physicians; they are needed all the time no matter where the national economy is going. A doctor gets astonishing returns depending on his qualification. Surgeons earn the highest as they come with higher degrees and specialized practical experience.

The average salary estimate is around 1.30 lakhs to 12 lakhs per annum.

Are you planning to be any of the above?

Massive job crisis seen

The world is facing a massive job crisis and will need 600 million new jobs by 2030 to cope with the population expansion, according to a report released at the G20 Labour and Employment meeting held in Australia.

There's little doubt there is a global jobs crisis," World Bank's senior director for jobs, Nigel Twose told AFP. "As this report makes clear, there is a shortage of jobs -- and quality jobs, he added. 

 Despite some small improvement in the global economy recently, the jobs gap is projected to remain substantial in several G20 economies until at least 2018.

 In the face of the job crisis, Group of 20 leaders, who meet in Brisbane in November, have called for each member country to develop growth strategies and employment action plans. 

 "There is no magic bullet to solve this jobs crisis, in emerging markets or advanced economies," said Nigel Twose to AFP.

For job search go to www.naukrisearch.com which is one of the leading portal site for service sector industry.

 The report further said that India has established a highly successful national rural employment guarantee that directly provides job opportunities in rural areas to build infrastructure and an income floor for vulnerable households.

 India also managed to reduce the share of workers living in extreme poverty; however 29 per cent of India’s workers remained among the extreme working poor in 2010, with a further 37 per cent living in moderate poverty. The National Rural Employment Guarantee Act (NREGA), which guarantees 100 days’ employment at the rural minimum wage for rural households, substantially raised incomes and enhanced income security for the participating households.

 Studies have also found wider positive effects on rural labor markets, such as lifting a higher proportion of rural workers, particularly women, above the low pay threshold and reducing distress migration.

Employment news | Govt Jobs September 24, 2014

Ministry of Defense India is recruiting Multi Tasking Staff

Ministry of Defence invites application from  Indian citizen for the posts of Multi Tasking Staff

For more details visit employment news

DRDO is recruiting  Research Fellow

Defence Research and Development Organisation (DRDO) invites application for the recruitment of Junior Research Fellow

For more details visit employment news

Instrumentation Limited are recruiting Engineers

Instrumentation Limited invites application from Indian citizens for posts of Engineers & More Vacancies

For more details visit employment news

Metals and Minerals Trading Corporation of India (MMTC Limited) recruiting Chief Executive Officer

Metals and Minerals Trading Corporation of India (MMTC Limited) invites application from Indian citizens for posts of recruitment of Chief Executive Officer

For more details visit employment news

Using "skills-infested job descriptions" can exclude the very best talent.

 

www.naukrisearch.com

What's the first step most companies take when trying to fill a position? They post an online listing with a job description and list of required skills.

But Lou Adler, CEO of ‘The Adler Group’ and author of "The Essential Guide for Hiring & Getting Hired," says in a ‘recent LinkedIn post’ that most employers are doing it all wrong.

"A majority of the job descriptions listed on LinkedIn (or any job board for that matter) are not job descriptions at all; they're people descriptions," he writes. "Job descriptions should describe what the person in the job needs to do, (e.g., design circuits, sell homes, diagnose problems, fix automated test equipment, and architect systems, and the like,) not describe the skills needed to do the job."

He calls these "skills-infested descriptions" — and says the problem with them is that they exclude great people who can do the actual work extremely well, "but don't have the exact list of skills and experiences supposedly required."

"Instead of falling into the skills and experience box-checking trap, I suggest recruiters ask hiring managers to define the work that needs to be done before defining the skills the person needs to have to do the work," he says. He refers to this as a "performance-based job description," where you list the six to eight critical tasks and performance objectives defining on-the-job success.

Then, he says, to determine whether a candidate would be the right fit for a job, hiring managers should ask: "What single project or task would you consider the most significant accomplishment in your career so far?"

"This question can be used to determine if the person is competent and motivated to do this work," he says. "Just have the candidate describe a personal accomplishment most comparable to what needs to be done for each of the objectives. The assessment is made on the growth and trend of the candidate's accomplishments over time; the scope, scale, and complexity of the accomplishments in comparison to actual needs, and the results achieved."

Service Sector Showing Growth In India

After a lull in recent years, India's labour market is enjoying a burst of activity, as euphoria over a new government; a booming stock market and improved business sentiment are encouraging employers to hire in a big way.

Salaries in recent months have gone up by up to 60 percent compared to last year in some industries with perks like sign-on bonuses, stock options and even counter offers making a comeback, experts told CNBC.

"The negativity surrounding India's political scene is gone," said Dony Kuriakose, director, EDGE Executive Search. "Hiring seems to be part of a long-term plan for India."

The sentiment is a sea change from just a year ago, when the Fed taper tantrum sparked an outflow of funds from emerging markets including India, causing local stock markets and the India rupee to plummet. This coupled with policy paralysis as the government prepared for polls created a negative business environment forcing employers to cut costs and axe jobs.

Hitesh Oberoi, CEO of Info Edge, the owner of job site Naukri.com, has seen a 20 percent year on year hike in hiring activity in July, after a tough five to six quarters. "Over the next few years India is going to have a good run," he said.

At BITS Pilani University, one of India's premier engineering colleges, there has been a 38 percent year on year increase in the number of employers visiting its three Indian campuses during the placement season that begins in August, including high profile names like Goldman Sachs to eBay and Shlumberger.

Salaries offered have raised between 7 percent and 42 percent, according to G Balasubramanian, chief placement officer of BITS.

IT, e-Commerce: We are hiring!

Positioned a tech hub, it's not surprising that the hiring frenzy in India is most pronounced in the e-commerce and IT related sectors. The country's e-commerce industry has been on an expansion drive with investors pouring in close to $2 billion in this sector this year alone, while IT services, which hires an estimated 150,000 fresh graduates every year, has benefited from the depreciation of the rupee and improving demand in western countries.

And often, salary is not a consideration in a bid to attract the best talent. One of India's largest e-commerce companies recently paid a million dollars to hire a chief technology officer, industry sources told CNBC. The 38-year-old relocated to India after 10 years in the U.S., as such salaries are "not normal even in America."

New Delhi-based online restaurant guide Zomato.com is struggling to fill positions at its rapidly-expanding firm. The six-year-old start-up is currently present in 13 countries and 100 cities and wants to expand to 10 new international markets within the next five years.

"We are scaling up...at the moment we are just 1 percent of where we want to be," Zomato's regional director Upasana Nath told CNBC, adding that the firm is adjusting salaries upwards by up to 60 percent for certain roles. "If we have more people we can expand more; we are hiring heavily."

It's a sentiment shared by India's leading online marketplace Flipkart.com, which received a whopping $1 billion from investors in July. The firm is planning to increase its technology team three-fold by the middle of next year. "We have grown 100 times in the last three years and we don't see any signs of slowing down," chief placement officer Mekin Maheswari told CNBC.

Non-tech also benefitting

The job creation among Internet companies may be at a frenetic pace, but hiring in traditional sectors like banking and telecommunications is also picking up. According to the Naukri Job Speak Index, a monthly report on hiring activity in India, there has been a near 25 percent year on year uptick in hiring in the banking and telecom sectors in July.

Thirty-five-year-old Delhi-based banker Anubhav Gupta has been looking to change jobs since 2008 and his search has just ended. The MBA-degree holder with 12 years of work experience finally landed a new role recently with another financial institution with a "minor" increase in salary."Things are looking slightly better now, hopefully my next job shift won't take so long," he said.

Hiring executives also point to areas like R&D and life sciences where foreign investment is coming in after a lull period prior to the new government taking over in May. "They [foreign companies] are all looking for country managers and are offering salaries of close to $200,000 to people in their 30s," said Lakshmikanth of the Head Hunters.

Caution ahead

It's worth noting that the battle for talent is taking place in the below-40s segment of the market, as the younger demographic have more relevant skills in the nouveau tech space. This is leaving the older unemployed population out in the cold.

"It is still a bad market for them...unless traditional companies in the engineering and automobile spaces start hiring, many of them are still sitting at home," said EDGE Executive's Kuriakose.

Other recruitment experts warn that the current hiring buzz is owed largely to a few industries. "There is a lot of excitement around just 10 internet companies...how many can they alone hire? 500 management graduates?" said Oberoi of Naukri.com.

And should the economy suffer from external shocks much like the battering emerging markets took last year, these tech firms - many which are built on foreign investment - could see an exodus of funds, putting jobs on the line, experts warn.

But for 24-year-old Ravneet Kaur, who left her job with an established Indian design label to join a digital fashion start-up, it's a risk she is happy to have taken.

Armed with a Masters degree in international media business from the University of Westminster, Kaur says the excitement of being in a growth industry far outweighed the "substantial salary hike" she got when making the shift. Kaur, whose parents wanted her to stay on in London after her post graduation, chose to come back to India where she says the action is. "E-commerce is such a new thing in India, unexplored and I want to grow as the company grows," she said.

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