What's happening in the HR world today?
Five trends that have emerged following the talent war in the IT sector
1. Higher need for new-age skills
New-age technologies, after a period of experimentation, have evolved into the mainstream for most organizations.
Artificial Intelligence, Data Science, Cloud Computing, Information Security, Blockchain.
2. Emerging demand for freshers
Since laterals are more expensive to hire, companies are now tilting towards freshers, which would help address the issue of high attrition and the challenge of salary inflation.
3. Increased demand for contingent labour
With growing adaption towards remote working, organizations are identifying with the idea of engaging with freelance talent for their marquee projects.
4. The rise of fully remote and hybrid working models
A recent survey by Indeed shared that 46 per cent of job seekers preferred remote working over a hybrid work model. Employers, however, preferred a hybrid approach at 42 per cent. Therefore, instead of viewing today's work-from-home world as a temporary phase, many organizations are embracing it as the way of the future.
5. Hiring beyond geographies
Randstad India revealed a trend of borderless employment opportunities, where employees have been exploring working for a company abroad but remotely. Therefore, today the world is now the new talent landscape for organizations.
What do you think of this? Do let us know in the comments.
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