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Take Charge of Your Career Session: Industry Trends and Career Opportunities in a Post COVID World
- 1. GOCRACKIT.2020 Incubated, funded and supported by Take Charge of Your Career Career session
- 2. Agenda 1.PLACEMENTS UNDER COVID-19 2.CAREER CHOICE AND STRATEGY 3.PREPARATION STRATEGY AND ACTION ITEM
- 3. The current situation Source : accessed on 14Aug2020
- 4. Driving factors for long term scenarios 1.Peaking of new cases 2.Duration of acquired immunity 3.Vaccine development
- 5. Multiple vaccine candidates in development Source : accessed on 14 Aug 2020
- 6. Probable economy rebound Source : https://economictimes.indiatimes.com/news/economy/indicators/india-gdp-to-shrink-by-4-5-in-2020-due-to-covid-19-pandemic- dun-bradstreet-report/articleshow/77483208.cms, accessed on 24th Aug 2020 0% 2% 4% 6% FY'21 FY'22 18 -6% -4% -2% 0% 2% 4% 6% 8% FY'21 FY'22 China India 2% 5% -4.5% 6.3% Positive outlook for FY'22
- 7. Bank Realty Finance Metal Auto Energy FMCG IT Pharma 50% 40% 30% 20% 10% 0% -10% -20% -30% Industry trends YTD growth till 24th Aug 2020 Source : https://www.bloombergquint.com/markets/equities/sectoral-indices, accessed on 24th Aug 2020 -30% -24% -23% -9% -3% 0.5% 5% 15% 43% Pharma & IT have really rebounded, while BFSI/RE are still down
- 8. Banking hiring trends Bandhan Bank has hired ~2500 people & looking to hire 500 more in micro banking verticle Ujjivan/ Utkarsh/ ESAF/ Jana SMF are looking add more manpower (150-500 each) 1. Increased hiring in small finanace banks/ microfinance firms Roles in customer services , product management/ digital and repayments 2. Hiring in customer facing roles in the above companies Source: https://economictimes.indiatimes.com/industry/banking/finance/banking/small-finance-banks-emerge-as-job-creators-amid-coronavirus-pandemic/articleshow/76532118.cms?from=mdr, https://www.icicibank.com/managed-assets/docs/investor/quarterly-financial-results/2021/ICICI-Bank-Transcript-for-Analyst-Call-held-on-July-25-2020.pdf (page32), accessed on 24th Aug 2020 Roles in product management/ digital 3. Large Indian private banks will see increased hiring in digital space
- 9. Fin-Tech hiring trends Increase in overall transaction and consumer engagement 4 fold increase in PayTm's payments received by merchants in its new ledger service 1. Increased transaction and engagement Phonepe launched mutual fund/ insurance product this year 2. New products in insurance and mutual funds Mobikwik to hire 100+ people in Engineering & Products this FY'21 ClearTax to hire 80+ across Marketing, Product & Engineering 3. Increased hiring in tech and engineering space Source: https://www.linkedin.com/pulse/its-hiring-mode-some-what-phonepes-co-founder-has-say-dipti-jain/?trackingId=jTcwzfbdRLmNRaei0cH6AA%3D%3D
- 10. Fin-Tech hiring trends Source: https://www.linkedin.com/pulse/its-hiring-mode-some-what-phonepes-co-founder-has-say-dipti-jain/?trackingId=jTcwzfbdRLmNRaei0cH6AA%3D%3D During Covid-19, Phonepe has made around 300 fresh hires & plans to add another 400-450 in tech, engineering and other functions over the next year 3. Increased hiring in tech and engineering space (contd..)
- 11. Insurance hiring trends Source: https://www.linkedin.com/pulse/its-hiring-mode-some-what-phonepes-co-founder-has-say-dipti-jain/?trackingId=jTcwzfbdRLmNRaei0cH6AA%3D%3D 5 insurers, 5000+ jobs Sales, digital and bancassurance segments PNB MetLife, Tata AIG, Canara-HSBC-OBC, Reliance Nippon, Tata AIA 1. Hiring across functions
- 12. E-Commerce hiring trends Source: https://www.linkedin.com/pulse/its-hiring-mode-some-what-phonepes-co-founder-has-say-dipti-jain/?trackingId=jTcwzfbdRLmNRaei0cH6AA%3D%3D Mobikwik to hire 100+ people in Engineering & Products this FY'21 ClearTax to hire 80+ across Marketing, Product & Engineering 3. Increased hiring in tech and engineering space (contd..) Dunzo is hiring Senior Leaders such as managers, directors, architects, and tech leads Rapido is hiring across business dev., technology, analytics, data scientists & data engineers 1. Hiring across functions Amazon is hiring program managers, people for operations, fulfilment and delivery Gorfers & Bigbaskets also intends to hire for operations roles 2. Hiring in operations NoBroker is hiring across corporate sales, loyalty management and social media (apart from technology and data science related roles) MyGate is hiring in business development and growth management 3. Hiring in marketing & sales
- 13. E-Commerce hiring trends Source: https://www.linkedin.com/pulse/its-hiring-mode-some-what-phonepes-co-founder-has-say-dipti-jain/?trackingId=jTcwzfbdRLmNRaei0cH6AA%3D%3D ShipperBuddy intends to hire business development managers in logistics area 3. Hiring in marketing & sales (contd...)
- 14. Technology hiring trends Source: https://www.linkedin.com/pulse/its-hiring-mode-some-what-phonepes-co-founder-has-say-dipti-jain/?trackingId=jTcwzfbdRLmNRaei0cH6AA%3D%3D TCS intends to hire large number in business roles IBM intends to hire large numbers of program managers & data science roles Accenture and related firms are hiring in data and analytics roles 1. Hiring across functions BlueSky Analytics is hiring in entire data & analytics landscape Hanu, a cloud focussed enterprise intends to hire roles in cloud 2. Hiring in data & analytics
- 15. Ed-Tech hiring trends Source: https://www.linkedin.com/pulse/its-hiring-mode-some-what-phonepes-co-founder-has-say-dipti-jain/?trackingId=jTcwzfbdRLmNRaei0cH6AA%3D%3D Whitehat Jr, Unacademy, Simplilearn, Vedantu, are all planning to hire in the range of 500- 2000 employees Top roles in demand: Sales, product development, instructors, content writers, & technology 1. Hiring across functions
- 31. Pivot
- 32. Pivot
- 48. Industryleverage
- 49. Industryleverage
- 50. Functionleverage
- 59. WE WOULD LOVE TO HEAR FROM YOU! CONTACTUS SuhrutaKulkarni +91-7259035593 suhruta@gocrackit.com AlokShrivastava +91-7259035503 alok@gocrackit.com GoCrackIt.2020 https://www.gocrackit.com