The employers across the globe today are incurring talent shortage, especially after the recession. As per Economic Times, 42000 employers were surveyed globally and out of that 40% have reported difficulty in trying to fill roles in the job market. In the Indian economy, due to lack of talent 48% of Indian employers have a problem in filling up roles.
So why is the Indian Economy facing these problems? Where is the lack? Does the gap exist in the employer requirements and the skills that are available in the applicants?
As per CEO, Tech Mahindra- C P Gurnani, “94 percent of graduates are not fit for hiring.”
A research by AICTE further emphasizes this problem. About 60% of graduating engineers from technical institutions are left unemployed. The high unemployment rate in India will continue until this gap is not filled.
Though the education system, along with the Indian society, and the Indian Government need to take more definite measures and need to play a more proactive role to help the job demands be fulfilled by the youth.
Wider vision, along with security and safety of citizens and work ethics in industries, an education system that is more industry driven from the school days while allowing the students to be creative would help them to meet the requirements naturally.
However individual applicants can become more aware, proactive and take a few measures to bring themselves to the demands of the job requirements of the date.
- Learn advanced skills for job requirement
- Doing relevant projects that enhance your position as a competitive applicant
The practical experience goes a long way as it not only gives the job seeker a hands-on-experience but also exposure and a wider vision to what set of skills need to be added next. Doing internships, or working part-time with relevant industry will help the job seeker gain an insight into job requirements, work ethics, developing professional and positive relations. Also, last but not the least learning to teamwork are qualities that go a long way. An experienced applicant is always preferred to other applicants in the job market. Also, these days companies many times offer Pre Placement Offers (PPOs) along with internships which give a head-start to the resume or CV of the job seeker.
Getting Experienced by the Experienced
Attending Job fairs, participating in relevant competitions, learning new techniques, attending workshops and seminars hosted by professionals or government organizations, taking on short relevant certified programs are all means to add value to yourself as a job seeker. You not only gain the relevant experience, but also knowledge in your professional field of interest.
Learning about New Trends and adding those skills
With ever-evolving job market which is also getting computerized in most professional fields, it is essential to update yourself. There are techniques and technology that needs to be learned. If the courses are available to you then take them, else join professional groups online and seek knowledge. So say abreast with the trending technologies and help yourself to stay at the top of the demand list of companies.
The humungous gap between the skill of the job-seeker and the demand of the job requirement can be bridged by taking these proactive steps by the job seeker.
While we wait for the education system to update to the evolving market trends, we can ourselves take some steps to bridge these gaps.