In an interview with Business Standard's Krishna Veera Vanamali, Monster India CEO Sekhar Garisa says demand for talents is back to the pre-pandemic level across industry sectors. Let's join the chat
Q: Can you give us an overview of the current job market in terms of job postings at Monster as well as Quess as a large employer? Ans:
>Online job posting increasing steadily across sectors
>Travel, tourism and offline education sectors picking up slowly
>Hiring in IT, retail, BFSI and fintech organisations have been healthy
Q: What are some job trends that you’re seeing going into 2023? Ans:
>Demand for skilled manpower to increase in BFSI and new sectors like crypto etc
>Demand for sales professionals to increase in fintech, retail, ecommerce, social commerce
>Technology companies turning location-agnostic
>Fresher hiring picked up during the last two-three months
Q: In your view, what is causing this high attrition among mid-level employees? Ans:
>Demand-supply mismatch resulting in attrition among mid-level employees
>More employment opportunities chasing fewer candidates
>Differentiator between organisations is the quality of manpower at work
Q: Now we come to your other platform QJobs, which you launched for blue and grey collar workers. What explains the traction in this space? Ans:
>Much of the blue and grey collar recruitment was offline
>Employers have been dealing with suboptimal processes
>Candidates as well as recruiters moving online now
>Formalisation happening in blue-collar recruitment space
>Digital literacy of blue-collar candidates gone up
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 "What is Sekhar Garisa's take on the job trends for 2022?")
