Rannsolve

Covid-19’ is all the world is talking about. But our collective preoccupation with the virus is justified as the effect it is having in the lives and livelihoods of people across the globe is terrifyingly tremendous, to say the least. Thousands have lost their lives and jobs. Business and economy have slackened to a sluggish pace. What will happen to recruitment in a post-COVID world? Is the  recruitment industry  heading for a slowdown in 2020? An Overcast Sky The sky over the recruitment landscape now does look gloomy and dark. The United Nations has predicted that the number of people facing job loss due to the pandemic this year could be anywhere between 5 Million to 25 Million. International Labour Organization’s Director-General, Guy Ryder calls the Covid-19 crisis, a labor market crisis. In his words, “this is no longer only a global health crisis, it is also a major labor market and economic crisis that is having a huge impact on people”.  While m...

We are nearing the end of 2019. We recruitment service providers are waiting, with a big load of excitement and a small pinch of caution to see how the landscape is going to change for us in the coming year. Are we ready for 2020? What changes do we see in the Recruitment scene? In 2020, Gen Z (those born between 1996 to 2010) would enter the workforce. These vibrant youngsters who were raised on the internet and social media have different expectations from the world of work.  Recruitment agencies  and recruiting staff in companies must take care to meet these expectations. Remote work and telecommuting are becoming the norm. Already nearly 75% of workers around the world work remotely once a week. This number is likely to climb higher in the coming years. With a trade war with China overshadowing the horizon, the US economy looks unpredictable. From the recruiter’s perspective, the present concern is that the economy is at full employment. This implies that it’s...