Here are the four truths about white collar jobs
Four realities that define employment prospects
2. For the suits — CXO-level jobs — hiring outlook is good, especially for those skilled in digital roles
3. For some specialists — for example, software engineers — re-skilling is a must to avoid irrelevance
4. For some sectors/activities — for example, KPOs, life sciences, healthcare, renewable energy and project engineering — the immediate future for employment looks better.
Post-graduate delivery boys
The big question for India’s graduates is: When will jobs that ‘match’ their qualifications be available again. HR and industry observers say the renewed mandate for Bharatiya Janata Party offers political stability and is a positive for job creation. But the government’s economic policy has to deliver. And that the wait will be longish for the post-graduate delivery staff hoping to operate an office desk instead of a noisy two-wheeler.
Suits-boots are ok
Headhunters say CXOs from established sectors such as FMCG and services are moving to new-age businesses, prompting companies in the former category to look out for talent.
Healthcare & hospitality better off
KPOs are expected to hire about 150,000 over the next two years, according to estimates by TeamLease, as these companies sharpen their India focus.
Nasscom estimates the market size of global inhouse centres (GICs) increased to $28.3 billion in the past financial year from $19.4 billion in 2014-15. The workforce of ‘installed’ GIC talent reached about a million in 2018-19 from about 745,000 over the same period.