Expect At least 5 Lakh Jobs in India!

Jobs in India are back and a windfall awaits those looking for lucrative employment avenues across IT, banking, telecom and healthcare industries. According to career experts, these four sectors alone are expected to generate over five lakhs jobs by the end of this financial year.

Researches by various global consulting firms conclude that the current financial year i.e. 2010-11 comes with immense number of job opportunities across sectors and hierarchical levels in companies. As per workforce solutions providers, hiring intensity and volumes will be significant in banking, telecom and IT sectors. The overall jobs for IT & ITes sector is expected to be 1,50,000; one lakh for telecom sector; healthcare to provide around 2.5 lakhs and banking sectors 40,000 jobs for the fiscal year 2011. Moreover, manufacturing sector including the auto and auto ancillary sectors are also likely to create around 2.5 lakhs jobs.

Other sectors that are likely to lead hiring in 2010 are Pharma, FMCG and education as these sectors are facing a talent crunch. Real estate, retail trade, manufacturing and consultancy services are among others industries expected to recruit professionals in huge numbers. In fact, job seekers in the public administration, mining and construction, finance, insurance and wholesale and retail trade sector could also look forward to a favorable hiring environment.

Overall hiring is likely to remain compelling with a positive business outlook for companies in most sectors. Hiring season is definitely back with a bang in India with all major sectors looking for expert professionals across various levels. It indicates at building up of a very positive economy with millions getting their dream jobs this year. The pay scales and incentives are also expected to improve as recruiters get ready to offer more money to the deserving candidates.

Economy’s Revival, a Harbinger of Job Switch

Indian job market is buzzing with jobs as economy begins to bounce back after the slowdown. With economy’s revival comes the load of immense expectations from both job seekers and employers. Professionals are waiting to move out of their present jobs and industries to switch to a better one.

According to a recent survey, more than 40 % of over 20,000 surveyed plan to quit their current jobs within next six months. Employees across the age and experience groups all over the country in various organizations, functional areas and industries are ready to switch their jobs both within and outside their own industry.

A tough road of attrition has been clearly indicated at by the survey. The disillusionment of recession times had left everyone fretful and disturbed but in the current scenario, new hopes have raised. Middle and lower levels were the most affected and so, higher attrition rate is expected from these levels. Professionals at these levels have no qualms about leaving their current jobs for better profiles and salaries in wake of growing availability of better opportunities. .

Most of the professionals from all major cities such as Bangalore, Mumbai, Hyderabad, Chennai, etc. were found eager to change jobs. Around 60% of the workforce currently employed with Manufacturing, Automobiles and BPOs is planning to change to jobs outside their industries. However, those working with Construction and Information Technology (IT) companies were looking for job change within their own industry.

This pace of attrition is quite amazing but not really unexpected. Professionals in almost all the companies, big and small alike had not received any increments or benefits last year. Their expectations are high this year but if they don’t get good enough appraisals, they would naturally like to move out of the company.

Are you a Foodie?

Good News for Foodies… Eat and Get Paid!

Are you a foodie? How About Getting Paid for Being so!

There is good news for all you food lovers. Your dream job lies ahead and what makes you a potential candidate is your love for food. You can be paid a whopping 24,000 pounds if you have a big appetite and can happily allow an intake of 400 extra calories every day. Yep, that’s the only qualification!

Similar to ‘mystery shopping’ where people are paid for shop and eat, companies are now willing to pay lazy individuals to do nothing but eat more. These positions are currently open in Proactol Ltd. to both men and women and the ideal candidate should not be on a diet. He/ She should be eating a healthy balanced diet of carbohydrates, fats and proteins and be willing to increase the calorie intake by 16% a week. The candidate would be required to eat fattening foods such as Chinese, fish and chips, pizza and burgers.

Could you believe that someone would pay you hefty amounts of money just to do what you regularly do or more precisely to eat. Well, I could not when I read about it in the paper this morning but then, this is obviously not without reason. This will be done to test the fat-binding properties of a weight loss product as Proactol Ltd believes in testing their already clinically proven fat binders in the real world. The testers would help the medical experts know more about the health benefits of taking the product which it claimed absorbs up to 30% fat intake.

The calorific intake and weight of the employee will be closely monitored by medics. And, after the initial in-house monitoring period, he would work from home while supplies being delivered at doorstep. And for this, the salary shall be an incredible £23,750 a year. So, go, try your luck!

Gone are the days of buttering!

Job is the ultimate aim of every individual, whether it’s a student pursuing a course in management or it’s a singer, all of us, at the end wants to encash their talent and earn our living out of it. We all, from the very starting of our life, have in mind, what is aim of our life, what we want, where do we want to reach and accordingly we pave or road to success. Though, the definition of aim and goal keeps on changing as we grow in our career life. To keep growing and achieving different levels of success, you need to keep on polishing your skills and talent.

Today, appraisals and promotions are no more dependent on the traditional formula of buttering. Talent is the keyword; you not only need to excel in your area of interest but should possess knowledge about other areas of concern. Multiple tasking is what an organisation demands these days. Also, doing the same thing for the whole life brings the element of boredom in your life, so to make your life interesting and happening, you need to keep on exploring more opportunities in the same field.

With the advancements, in almost every industry, we as employees get more opportunities to prove our capabilities by trying hands on different new projects. This is possible with the growing competition between organisations, and somewhere in this race, we are at benefit, because our talent gets recognised and these days, more and more hiring is done not only on the basis of certificates but, on the basis of practical knowledge. So, we can say jobs security is no more dependent on your buttering abilities, you have to excel in your field of interest to retain your job and to gain confidence of your organisation, though that talent has to be proved by us every day, to keep growing and maintain our position in the company.

Jobless?? Won’t be Anymore

As we all know, ‘life is a learning process’ and so, you must always take every success and every failure as an event of learning. Keep yourself focused and that is possible only if your mind has an optimistic setup because it is only then that you can decide right. Keep your eyes and ears open and be alert to the upcoming options.

Being jobless is a widespread phenomenon in today’s world of economic slowdown. It has become quite common to hear about layoffs and unemployment in the present scenario. But, various reports and surveys have confirmed that a huge job market is set to open and absorb hundreds of professionals soon. Jobs in India across various industries will be available in large numbers as a gradual exit of recession can be seen. This spurt in jobs is because of the immediate shortage of manpower being felt after the economy has bounced back to its original state.

For instance, jobs in banking sector in both private and public banks as well as financial institutions is expected to witness an upsurge due to retirement of 35% staff next year and the growth in demand for banking services.

Also, job search today, has become easier with online job portals like Naukri.com improving their services everyday. It has introduced at least 16 new industries in its portfolio to bring job seekers and employers closer. This move will help you get jobs at a quicker pace as they have become more industry specific. Jobs in IT, aviation, mining, publishing, glass and steel industry, etc. have been coming up.

All you have to do is to be prepared. Unravel options and find the path that will lead you to your choice of career. Think positive and believe in yourself. Renew your resume and gear up for the interviews.