2014 May Be The Sunshine Year For Young Professionals

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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