Articles

Mint + Shine Talent Insights

by Ankit Srivastava Digital Marketer
India Inc. is expanding its recruiting after a two-year slump. That's a bonanza for job seekers with the appropriate set of future-proof talents. Companies are prepared to go the extra mile to recruit candidates because they recognise the shortage of talent and are willing to provide double-digit wage increases, healthcare benefits, and locations outside of major cities.

That is the employment landscape depicted in a research called "Talent Insights" by Mint-Shine.com (Shine.com is a subsidiary of HT Media Ltd, which publishes Mint). In comparison to the prior quarter, the April–June quarter saw a 61 percent increase in jobs on Shine's employment portal, or a 1.6-fold increase in job postings. The industries that have added the most new positions during the past three months are information technology (IT), BPO/call centres, and recruiting services.

Fewer postings were made in the first quarter of FY21, while the second wave of COVID was raging. Since then, most industries have experienced a rise in the need for labour, as more businesses have opened, relocated, or adopted hybrid business models. Hospitality, one of the industries that took the brunt of the pandemic, is starting to recover. (Click here to access the complete report on Mint shine talent insights.)

What HR wants to see

For workers, the hiring boom is excellent news. According to human resources (HR) directors Mint spoke with, businesses must devise strategies and incentives to draw in new workers without negatively impacting their balance sheets.

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About Ankit Srivastava Freshman   Digital Marketer

7 connections, 1 recommendations, 36 honor points.
Joined APSense since, June 2nd, 2020, From Delhi-NCR, India.

Created on Jul 4th 2022 05:24. Viewed 267 times.

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