“Many companies are either setting up or expanding their R&D activities in India,” says Transearch International life science partner Tejinder Pal Singh. “Since a lot of such is talent is available in the West, companies are preferring to hire people of India origin to head their research activities in India,” he added. Some of the companies that are said to hiring in R&D include Novartis, GE Healthcare and Himalaya.

He also said that through demand for talent is consistent in the pharma side, it’s the hospitals and medical devices companies that are looking for talent more. “Pharma is at present in a consolidation phase, but many companies in the medical diagnostics and medical devices segments are looking to establish their subsidiaries in India. Some of them already have. Accordingly, we get requests for executives who can head their businesses in India,” he said.

According to a recent survey by Deloitte, managers in the life sciences and healthcare sector were the most optimistic about growth of the sector in the Asia Pacific region. Salary trends and analysis by consulting firms like Aon Hewitt have also put pharma sector among the top sectors with respect to salary increments in the last few years.

Article Courtesy – Economic Times

“Generation of employment is a function of economic growth.

“Approach paper to the 12th five year plan (2012-17) focuses on faster, sustainable and more inclusive growth for creating adequate livelihood opportunities. The approach paper estimates that the manufacturing sector will create around 3 to 4 million jobs over and above the pace of job creation in the recent past”, Minister of State for Personnel, Public Grievances and Pensions V Narayanasamy told Lok Sabha in a written reply.

The labour Bureau, Ministry of Labour and Employment has been conducting quarterly quick employment survey on changes in employment in selected sectors.

“As per the report for the 13th quarterly survey conducted during October-December 2011, additional new employment opportunities have been reported in different industries including Information Technology/Business Process Outsourcing sector in India”, he said.

The report said that IT or BPO sector has shown an increase of 19.80 lakh in employment during October 2008 and December 2011.

Article Courtesy – Economic Times

The survey findings reveal that IT and ITeS Sector had recruited 24 per cent freshers in the last quarter of FY’12 of their total hiring, a surge of 9 per cent from the year-ago period.

Besides, salary level in campus placements was up by 8 per cent in IT and ITeS.

Overall, recruitment index has risen by 11 per cent in January-March quarter to 24 per cent.

Among the nine industries surveyed, infrastructure sector recruited 21 per cent freshers, followed by engineering and manufacturing and automobile sector (18 per cent), retail (16 per cent) and FMCG (14 per cent).

“The fresher’s hiring trend this year looks upbeat with IT majors recruiting more compared to last year. The fresher’s recruitment market had seen growth in terms of number of hiring and salary,” said Rajesh Kumar, CEO, MyHiringClub, which conducted the survey.

However, fresher recruitment in banking and financial services, telecom had taken a beating in fourth quarter of 2012 in comparison to same period last year.

Further, hiring in banking and financial services declined by 2 per cent to 13 per cent and dipped by 4 per cent to 9 per cent in telecom sector.

The survey, which was done among nearly 900 employers and over 1,200 institutes, said the growth of salary level in campus placement was low in banking and financial services as it grew by two per cent and rose a dismal one per cent in telecom space.

In terms of geography, Bangalore, hub of IT and ITeS companies witnessed a maximum fresher recruitment of 24 per cent followed by Delhi-NCR (21 per cent), Chennai (18 per cent), Mumbai (15 per cent), Hyderabad (13 per cent) and Kolkata (10 per cent).

Talking about outlook, Kumar said: “global concerns would not have a impact on the fresher recruitment in the current year though it might be an issue later.

“Even if various economic issues in the developed countries have an impact on the Indian industry, the fresher recruitment would not be the first to get affected by this.”

Article Courtesy – Economic Times

Arti Raghava, director of human resources, Goa Marriott Resort & Spa offers the following tips:

1) Title the resume as your ‘name’ rather than ‘resume;

2) Start the resume by highlighting your qualification, key skills and achievements;

3) While highlighting any achievements, make them specific and quantify wherever possible, like ‘incremental revenue of 17 per cent over the target’;

4) Only list job descriptions relevant to the job applied for;

5) Brag about your achievements, but do not exaggerate;

6) Make a cover letter for your application to go along with your resume;

7) Add a line at the end, ‘references will be provided upon request’;

8) Make the responsibilities very specific and concise rather than giving lengthy explanations of job role.

What is expected depending on the hierarchy of the job

Swarna Sengupta, HR – head, The Chopras, Overseas Education Consultants gives a breakdown of what is expected depending on the hierarchy of the job:

Entry level jobs: The candidate needs to focus on the educational qualifications, courses pursued, grades obtained, internships done, projects handled, proficiency in foreign languages, involvement in sports and/or extracurricular activities (debates, dramatics, fine arts, music, etc), contribution to school/college magazines, participation in community work/social causes and leadership positions held during academic years;

Middle level jobs: Employers look for operational skills and your ability to handle the assigned set of responsibilities;

Senior level positions: At senior management positions, one is expected to lead and provide strategic direction to a team of middle and junior level employees. The resume should edge out what sets you above the middle and junior level workforce.

Rajshri Baskaran, HR manager, Cbazaar.in agrees, “A long resume would bore HR and in the process of reading it, they may miss out on important points.” She also suggests not including any photographs.

When it comes to references, updating is of paramount importance. “References should always be given from people one has interacted in the recent past. An old reference does not carry weightage as the person being hired is evaluated based on the relevance of his/her recent experiences,” says Suman Rudra, India HR leader, NCR India.

“References are generally required at the last stage of the evaluation process and may not be needed during the initial interface. At the same, time writing too many references can turn against you as you never know who out of the multiple references might not find favour with the interviewer because of his/her past experience,” advises Vinay Grover, founder and CEO, Symbiosis Management Consultants.

Acronym of Resume

To conclude, keep in mind this acronym devised by Raghava:

R- Relevant information to the opening;

E- Eloquently written flow and language;

S- Specific and quantifiable information wherever possible;

U- Updated regularly to include achievements/new roles, etc

M- Meaningful content w.r.t job vacancy (current and exact);

E- Efficiently crafted and presented content.

Article Courtesy – Economic Times

Get Organized

“Make a list of the things that you need to accomplish,” says Sangeeta Lala, senior VP, TeamLease Services. “With so much technology at one’s fingertips, it’s become easier. One should use these gadgets to schedule tasks,” she says.

Prioritize your Tasks

List the tasks you need to get done and classify them in order of importance, impending deadlines and the like. Also learn to recognise when a particular task is so important that you need to put multitasking on hold and give it your undivided attention.

Don’t Procrastinate

As your responsibilities increase, you need to resist procrastination. “If you have an agenda, plan early and address it as soon as possible. Otherwise if you keep tasks on hold, they tend to pile up, affecting the quality of your work,” says TeamLease Services’ Lala.

Eliminate Distractions

Resist the urge to peek at your blinking smartphone or answering your email when you’re working on something. Keep those tasks for later and don’t let them waste your time.

Don’t Overcommit

Multitasking has its advantages, but don’t take on too much or set yourself unrealistic targets. “It’s all very well to impress your bosses but don’t end up becoming a victim of burnout,” says Vijay Anand Menon, associate director at RAMPgreen Solutions, provider of cloud-based call centre solutions.

Article Courtesy – Economic Times