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Volume IconWhat is Sekhar Garisa's take on the job trends for 2022?

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

TMS Q&A

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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First Published: Dec 20 2021 | 8:30 AM IST