A Mid-Life Opportunity: Hiring Outlook Favours The Old Guard

Source: Unsplash The job market is seeing rising demand for experienced professionals, while the search for young talent is stagnating as yet another K-shaped curve seems to be emerging. In times of hiring correction, increasing demand for senior professionals with over 12 years of experience continues to dominate, while remaining flat for freshers and mid-experience level professionals, according to a Naukri Jobspeak report for January 2023. ADVERTISEMENT Hiring for those with over 16 years of experience grew by 29% in January 2023, while hiring for those with 0-3 years of experience saw no change from a year ago. "We are seeing an uptick in demand for professionals who are masters in certain skills," said Sashi Kumar, India sales head at Indeed. ADVERTISEMENT Demand for professionals with 0-3 years of experience registered 4% growth in hiring activity over the last three months, Sekhar Garisa, chief executive officer at Foundit, said in a note. To be chosen, the candidate must tick all the right boxes to be "on the organisation’s requirements gravity", he said. The trend is transient and is unlikely to continue for a protracted period of time, Kumar said. IT Leads The Drag In Fresher Hiring While a lot […]

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