The COVID-19 pandemic has affected the economy of India severely. The pandemic has also affected the day-to-day life of students and teachers. However, the Invertis university has taken appropriate steps to deal with the pandemic in whatever capacity possible. Students who are graduating this year have seen a negative effect on their job prospects.
The whole world went into lockdown in the first half of 2020 and this has affected the job market significantly. Business establishments, educational institutes, and other service providing services have been shut down or have taken an online form. The lockdown in India was imposed at a time when companies and organizations finalize their hiring for the year. Due to this, many companies froze their recruitment process. Some also delayed the joining dates for their recruits. The pandemic has affected the future of hiring in post-COVID India.
Hiring during the Covid-19 pandemic has affected different industries in different ways. According to research, in April 2020, there was a 60% decline in hiring in India. However, by the end of May 2020, many companies resumed their recruitment process. Industries such as hospitality, airline, travel, automobile, retail, etc. saw a visible decline in the hiring department. Some of the companies in such industries also had to let go of employees to minimize business costs and keep their business running. On the other hand, certain industries continued to do well even during the lockdown caused due to the pandemic.
Industries such as e-commerce and healthcare were completely shut down during the lockdown but soon resumed once the restrictions were lifted. Business for such industries has been going good as more people prefer to order stuff online rather than step out of the house for shopping. Therefore, the hiring situation due to COVID-19 in this industry is unlikely to see a decline in the coming months. Industries such as healthcare and ed-tech have continued to flourish in this pandemic as the world relies on the products and services provided by them. They have continued to hire employees throughout this period and the demand for individuals in this industry will continue to grow as this way of living becomes a part of our routine.
Some of the career trends post-COVID in India would include:
Companies will focus more on digital solutions and would like to be more data-driven. Invertis University offers courses such as B.Tech in Computer Science and Engineering and Bachelor of Science in Computer Science to help you stay relevant in post-COVID India.
Companies are looking to build a resilient workforce that can help the company grow in different ways. Invertis University is the best MBA college for dual specialization in India. The college offers the following specializations – Human Resources, Finance, Operations, Marketing, Rural and Agribusiness, International Business, Information Technology, Healthcare, and Hospital Management, and Tour and Travel Management.
Industries such as Information Technology, Financial Institution Groups, Healthcare and Pharma, news, and Entertainment are most likely to do well in post-COVID India. Most of the jobs in the near future would continue to include work-from-home provisions.
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