As winter creeps in, India’s frosty job market, among the worst in the country’s history, finally seems to be warming up. Campus placements signal green shoots.
The turning tide is discernible on multiple counts: quantum of job offers, salary levels, diversity of recruiters, continental spread and the number of pre-placement offers (PPOs).
“This is a year of reset. At no point in India’s history have so many disruptive factors converged to shake up the corporate sector. It has had a significant impact on the job market,” says Pankaj Bansal, cofounder, PeopleStrong. Delayering is one big trend that Bansal notices where the number of levels in corporate hierarchy has halved from five-six to three, making many mid-level positions redundant. Digital disruption is a constant theme.
This article was published on Economic Times
PeopleStrong’s Recruitment Technology (Alt Recruit) is a smart, scalable and one-stop recruitment solution for hiring the top talent. It is not merely an Applicant Tracking System (ATS), rather is AI-enabled, Unified, Intuitive and Intelligent recruitment platform which powers end-to-end hiring processes of 100+ organization across the globe. It is integrated with 50+ candidate sourcing channels, processes over 1 million candidates per year and rolls out 60,000+ joining offers per year.
Get in touch with our recruitment solutions executive to know more about Alt Recruit and how we can manage your Recruitments better.
