Sunday, June 07, 2009

Spreading the cheer

It has perhaps been the single most overwhelming emotion in the recent fortnight!!
And why not?? Going by a recent survey -(source: latest global Manpower Employment Outlook Survey), India Inc to hire most globally- India is the most optimistic nation in the world, with 19 per cent of the employers anticipating positive hiring activity in the third quarter. Public administration and the education sector are the ones to watch, while finance, insurance and real estate sector employers report the least optimistic hiring intentions.
Well, here is another input from a global survey!!Recruiter Confidence Climbs To Highest Level Since June 2008 (Source: )
Confidence in the Executive Employment Market Over Next Six Months

Well, can we just depend on a recruiter's perspective? After all, we do have a ringside perspective of all the action??
In my opinion, it is indeed a catch 22 situation. Job enquiries are trickling in -and companies are beginning to follow up to seek the progress-after almost 2 quarters. But the candidates are still hesitant- to take the bold step and wait for a compelling reason to move. Guess the candidate confidence is still being influenced by the media-and there is indeed a time lag for things to percolate!

In that sense I would also like to agree with an American NPA associate of mine Gary Eastwood of Beck/Eastwood Recruiting Solutions-who has had more than 3 decades of experience in the industry and seen it all!!
"Good news may travel fast, but often it’s swallowed up by all the bad news surrounding it. Traditional news media sell on fear, so it’s only natural that bad news outstrips the good in any medium. Economic cycles are called cycles for a simple reason. There are low ebbs followed by highs. Just as news of market collapses become self fulfilling, so can news of the evidence that we’re beginning to rebound."
And his mantra for companies still standing on the 'brake pedal' :
"Hiring freezes and layoffs make more work for your already overworked staff, enhance errors and waste, again becoming part of the burgeoning snowball of national unemployment, causing a longer Recession. Holding off on ‘Key Man’ hires, in particular, is simply the wrong choice. A quick SWOT analysis of any one role in the company can tell a Talent Acquisition team whether adding one person (even at the executive level) would actually save money, or raise sales volumes / margins to the point where it costs the company more NOT to make the hire."
Well, here is more reasons why I feel that there is a fire behind the smoke one is beginning to see! Here are a bunch of openings, that we at Options -are presently working on-both directly as well as through requisitions received from our associates in ERA, NPA and elsewhere!! You may perhaps debate that some of those openings have been around for quite a while, but you can be assured that companies are now willing to make things happen..
You can see the intention to hire across industries, across levels and across locations! Should anyone be interested, other positions include
-Manager Commercial Planning for a leading airport project in India
-VP Business Development for an infrastructure company (Power, Highways)
-Group CFO for a 5000 crore company
-Regional Sales Managers- capital /industrial goods industry
I shall be glad to share any information required!!Do spread the cheer!!

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