With a robust economy, and consumer spending at an all-time high, aviation, real estate and healthcare are throwing up humungous job opportunities.
For today’s jobseeker, perhaps, it’s a dream to get employment in an information technology, telecom, retail or a financial services firm. The fast growth and the high-decibel profile of these sectors have made them the most coveted professions.
But already, a spate of other areas is throwing up humungous job opportunities. With a robust economy, and consumer spending at an all-time high, aviation, real estate and healthcare are soaring too. Infrastructure is big and so is bio-technology and hotels. Even older sectors are rejuvenated.
With this kind of a buffet, what kind of jobs will hit the marquee five years down the line?
According to Madan Padaki, director of skill assessment company MeritTrac Services, the main hirers will continue to be the IT and IT-enabled services (ITes) sectors along with retail.
With the student community patronising genetic study courses, and a growing need for biotechnology, Pratibha Seth, managing director, Shilputsi Consultants, lays her bets on the sector as also healthcare and infrastructure.
Just consider the growth of some sectors. By 2011, retail will throw up 2.5 million jobs, telecom 2 million jobs and healthcare and pharmaceuticals 9 million. By the end of the decade, the outsourcing sector will require 1,60,000 workers with top-notch foreign language skills, according to research firm Evalueserve. Or look at the retail sector. With 300 new malls, 1,500 supermarkets and 325 departmental stores coming up, the sector will throw up over 2.5 million jobs.
And what kind of posts all these sectors would fill up?
“There would be a need for vice-presidents, chief executive officers (CEO), heads of departments across the sectors,” says Anand Iyer, CEO, JobStreet.com.
The annual paychecks for these posts in 2011would go up from Rs 2.5crore to Rs 4crore annually.
People with positions like project analysts, marketing, chartered accountants, software and civil engineers, web designers, general managers, and those with experienced skills in insurance, banking, agriculture and healthcare.
In retail, from store assistants to merchandisers, they would continue to be in demand, both as temporary and permanent staff.
Today, the annual salary for some of the posts like engineering and marketing consultants is around Rs 20 lakh. By 2011, it would touch the Rs 30-40 lakh realm across sectors, say human resource consultants. The financial sectors by 2011 would need relationship managers, sales and sales head, marketing professionals, product manager and treasury manager. These would be segments like insurance, banking, stock broking and mutual funds. With most of the sectors estimating a demand of an average 2 million jobs by 2011, and a salary increase by 70% and likely to go ahead more, it’s time now to send in that curriculum-vitae.
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
)
){kind=small}
){kind=small}
)
)
)
)
)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}