The good news for job-seekers, there will be an increase in average hiring volume from 25% in 2018 to 31% in 2019. Hiring will be a trend in all the key sectors like Technology, BFSI, Healthcare, Manufacturing and Retail.
However, as per the survey results, the top 3 sectors that will do high-volume hiring (more than 500+ employees annually) would be BFSI, IT & Retail. In BFSI sector around 42% of companies will hire more than 500+ employees in 2019. And in IT sector 33% of organizations will hire around 500+ employees this year.
The top three functions that will see maximum hiring in 2019 would be:
- Business Operations
“Organisations, globally, are wizening up to this fact and increasingly looking for talent that is learning agile and can continue to perform and keep with the changing job role demands in the present and future. Learning agility will be the second most in-demand skill for organisations during Hiring in 2019,” Ketan Kapoor, CEO, Mercer-Mettl says.
In 2019, Science, Technology, Engineering and Math (STEM) courses will remain on the top of popular courses choice among the students in every country, as it has rapidly evolved from just being popular in the United States. Furthermore, STEM courses do provide numerous technological advancements in the world, the reason many students opt for them.
“We are expecting to see a rise in specialised courses such as Robotics, Automation, Mechatronics, Disability programmes, and Infection control courses. All countries will be favoured in 2019, but it depends upon the need of the students,” says Rohit Sethi, director, ESS Global.
For instance: The UK is getting quite popular for one year Master's programme among international students. Whereas, Germany has seen a rise in Engineering graduates. Talking about countries like Australia and Canada, they will be the leading countries among the study abroad aspirants due to a huge range of programmes and stay back opportunities.
With cutting-edge technologies like AI and machine learning becoming more and more integral to business operations in the IT/ITES sector, the demand for professionals with evolved, tech-led skillsets will only increase further in 2019.
Expertise in areas such as data compliance and cybersecurity will also be much sought-after, given how critical data privacy and information security have become in the global business discourse. I also foresee organisations collaborating with reputed online learning platforms such as ShineLearning.com to undertake large-scale upskilling and reskilling of their in-house talent.
“This skills-centric approach will benefit both the employers and the employees; while recruiters will be able to seamlessly address the growing demand for skills within their organisations, professionals can access significantly better career opportunities by upgrading their existing skillsets. With rapid technological advancement paving the way for a high-growth, high-value jobs ecosystem, we can expect continuous learning, unlearning, and relearning to become the motto of the new-age workforce,” Zairus Master, CEO, Shine.com opines.