2014 May Be The Sunshine Year For Young
Professionals
Professionals with a technical degree and a working experience of
a few years are expected to be on high demand going forward.
If you are an engineering professional working for a small salary
for the past four years, there is great news for you. According to several HR
professionals, a candidate with a technical degree and a working experience of
a few years will be in high demand in 2014.
With steady increase in business and the need to move up the value
chain in the services as well as products business sectors, the requirement of
professionals with technical knowledge and team management experience is
expected to grow. This trend is expected to spur the recruitment of the
young experienced professional.
“The impact of slowdown and a gloomy business scenario have had
its impact on managerial talent and extremely strong organisations have
resorted to layoffs, extended block closures and leave without pay in 2013. The
services sector, in comparison, has done very well, with many success stories
of PE funding,’’ says Rahul Nene, partner, DEININGER Management Consultants
Pvt. Ltd. “Thus organisations which have followed prudent
norms of governance and kept costs on a tight leash, are the ones that
emerged stronger than before, and this holds true for employees as well.”
This trend is expected to spur hiring of personnel with hands-on
experience on working in a tight market; someone who understands the necessity
of being a team player and ready to come for less than what the more
experienced officials would expect.
“The global IT scenario has changed. The way the world does
business today is markedly different from how it used to be five years back.
The employee with a few years of experience is being forced to multitask, and
produce results within a shorter timeframe, on a smaller budget. Also, his
salary expectations are much less than someone with 10 years of experience. All
these factors make young professionals a lucrative option to prospective
employers,’’ says Hema. S of Apollo Health Street.
“These young professionals not only have the required hands-on
experience of the workings, but because of the work scenario, have been able to
build necessary skills to deliver more than the required job responsibilities.
This makes them ideal for jobs like the engineering manager or product
marketing manager,” says Nene.
Personnel with skills such as attention to details, an eye for
quality, the ability to grasp and translate technical capabilities into
benefits, along with a technical degree are what employers would be looking to
recruit, going forward says Hema.
Careers expected to be much in demand include engineering
managers, product managers (marketing and technical development), IT Manager
and solution development professionals.
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