How Has The Market Size Of India’s Recruitment Business Increased?

Recruiting agency for companies in India

A closer look at the recruitment business in India will make you realise that its market size has increased drastically in the last few years. Anyone with years of experience in the staffing business will agree with the fact that there are now hundreds of companies scattered all over India which require skilled professionals for various projects. Whether they are looking for IT staffing, direct hire, sales staffing or engineering services, there are numerous placement consultants to help them out.

A Change In India’s Staffing Trend

According to a study conducted recently, the trend India’s staffing industry follows has changed drastically in the last few years. Check out loansflow.co.uk and there have been some major changes in this sector as new industries like telecom, e-commerce and insurance has emerged, the tenure of senior executives has become shorter and the junior executives can now choose from numerous job opportunities. IT and engineering industries have augmented their cyclical needs to make complete utilisation of staff outsourcing. Contract-to-hire models are being utilised by larger brands to test the talent of the professionals before boarding them.

How India Is Planning To Project Itself As A Large Market For Staffing?

The staffing space has matured globally as a formalisation of employment was pushed at a faster rate due to GST and demonization. Companies can’t deny the importance of time workforce. Some of the large companies are also trying to reach out to the rural markets with the motive of market penetration and so they now require huge workforce. The staffing industry is also growing because of the large demand for contractual staff. The increased market size of recruitment business in India and the thousands of placement consultants scattered all over the country proves that it is planning to project itself as one of the largest markets for staffing.

The Growth Witnessed By The Specialist Staffing Business

Lower bench strengths have become a necessity for IT companies. This means that predicting the skills the IT industry will require in the next few years has become a daunting task for organisations. Automobile companies are also trying their level best to maintain the existing market demands while at the same time include the latest green/electric vehicles. All these have become vital reasons behind the growth of the specialist staffing business. Since India is now ready to deal with all the challenges faced by our staffing industry, it’s time companies also start making full utilisation of the renowned recruitment consultants.

Check The Recruitment Practices In India Expected To Rule Next Year

Everyone looking for great talents knows how challenging the task actually is. With the recruitment industry becoming more complicated, the hiring process has become harder. If predictions are to be believed, the competition is expected to get tougher the coming year. People looking for the right talent have to rely on a few smart and innovative ways. They also need to stay aware of the latest recruitment practices which can actually change the way how companies look for a potential candidate.

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4 Recruitment Practices in India And The Road Ahead

• Try Social Recruitment
For someone not aware of the term yet, social recruitment is basically the system through which social media platforms like Facebook and LinkedIn are used to source the right talent. There are numerous managers and companies using different social media platforms as it helps them choose from a larger market of candidates. Even the social platforms are experimenting to ease the method of recruitment through their networks.

• Flexible Work Schedules
Though this is relatively a new term, flexibility in the working hours is expected to become a trend in the recruitment sector soon. Candidates with work-life flexibility will be given more priority. With more and more companies launching flexible working schedules,Workers Compensation Southern California call us at 714 598-3900 who prefer flexible working hours will find it easier to land their dream job.

• Adaption Of PR Practices
Hiring the right candidate will become easier for the recruitment companies if they can adapt the latest PR practices. As recruiters are indulging in a wide variety of marketing and PR practices, it is expected to become a recruitment trend within a year or two. Few of the things recruitment marketers can do include candidate lead generation, branding and bringing over content marketing as these are the basic recruitment practices in India.

• HR Automation
Everyone in the recruitment industry is aware of the various benefits provided by HR automation. In fact, the entire process of automation is regarded as a vital move in the HR sector as it helps companies save time and money. The recruitment platforms have become smarter after the introduction of machine learning and artificial intelligence (AI). This is why recruitment managers need to continuously evaluate how they can save time and money using those tools.

Since you are now aware of the latest recruitment practices in India, it’s time you start looking for your dream job through the best recruitment agency.