3 in 4 Indian professionals will actively look for a new job in 2021

By VARINDIA - 2021-03-17

3 in 4 Indian professionals will actively look for a new job in 2021

Contrary to the last year, when the pandemic gripped the world by surprise and wreaked havoc across societies and economies, the beginning of this year commenced on an optimistic note, with the hope of standing at the horizon of a new beginning. The IMF projected for an impressive growth rate of 11.5% for India in 2021, making the country the only major economy to register a double-digit growth this year amidst the global pandemic. The Covid-19 cases in India seem to be receding, with active cases beginning to steadily drop, at a time when the country has begun the world’s largest vaccination drive. Labelled as the pharmacy of the world, India also began ‘Vaccine Maitri’, an initiative to support neighbouring countries with vaccination doses to help combat the virus.



The Union Budget 2021-22 presented on 1st February, laid out a plan with an overarching focus on economic recovery. It has focused on Resilience, Recovery and Growth, resting on 6 key pillars that outlined a sense of overall development. With a dire need to re-sur-rect the ailing economy, boost growth and churn new investments, the Budget carved out a clear path by pursuing comprehensive reform measures, aiming for social inclusion, extending FDI limits and not imposing additional taxes on domestic taxpayers and consumers at large. However, a research from Linkedin says, findings of a new Job Seeker research to discuss how job seekers in India are overcoming challenges of finding a job today, and how they are leaning on their communities to find new career opportunities in 2021.

 

The findings show that more than 3 in 4 professionals will consider changing jobs or actively look for a new role in the next 12 months, but the research also reveals a sense of professional uncertainty and worry among Indian professionals as the job market continues to get more competitive in 2021.

 

Despite this uncertainty, India remains resilient towards career growth as 2 in 3 (64%) professionals say they are confident about their future progression while 2 in 5 think attending networking events (38%), and investing in online learning (37%) will be critical to landing a job in 2021. Job seekers continue to navigate the uncertainties of the job market today. This year’s Jobs on the Rise India list is a reflection of how the work ecosystem and the jobs market rapidly changed in 2020. Digital transformation has continued to drive all industries, and both, tech and non-tech roles have shifted to meet the needs of a new collaborative, remote work culture. The audience builders and content creators are key to brands, HR continues to be at the heart of all operations, user and customer experience are critical in the new online world of service, and emerging tech, especially ed-tech, continues to boom.

 

There is an important segment, which will always have a demand i.e. cybersecurity, which will be critical to a digital-first future. Cybersecurity and Data science roles will continue to rise as data safety becomes a key priority for consumers and organisations alike. Specialised engineering roles, Artificial Intelligence roles, cybersecurity roles, and data science roles will continue to attract recruiter interest as we head deeper into a digital-first future.


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