With the economy slowly picking up, several organizations have made layoffs a thing of the past and have started hiring and filling their most urgent vacancies in their respective firms. Therefore, the million dollar question is, will this trend throw several job opportunities at job seekers (active and passive)? Experts point out that with economies now in the recovery mode and companies removing the cap on hiring. These are certainly going to be several job prospects to watch out for. However, they also point out that a year ago, there were unrealistic expectations on the pay packages and growth rates. Freshers got big salary packages and experienced candidates sometimes got around a whopping 200 per cent hike, but this may not be the case any more. There is a certainly a correction happening in the market in the recruitment domain. With the global recession showing signs of abatement, the rise in job opportunities are certain. As a result, there are opportunities which would be available as organizations now work towards building their capacities.
It is therefore, evident that with the market slowly becoming stable the business too has started growing and the need for good employee is being felt due to which vacancies are being created. And there will be a possibility that job seekers may get overwhelmed by the job offers they receive suddenly after a lull in the job market in the past year, right? Going by the current scenario, job seekers are bound to get excited about the various opportunities that are being made available by the corporate houses. Caution would be the key word as the markets re still not completely stable. They need to be patient and should not grab opportunity hurriedly. Therefore, job seekers needed to evaluate job offers, post slowdown carefully. Is the company open to flexible work options? Will it offer me growth prospects during the ingoing times? Is the company stable? Will I get laid off if it undergoes a crisis again? These are a few questions that may hover over your mind while analyzing multiple job offers in the current climate. Job seekers need to evaluate the job as well as the organization carefully while this is fundamental at all times, it is all the more relevant now as we see the industry recovering from a lean phase. Among the key aspects to consider, one needs to evaluate an organization’s stability soundness in business plan, values and ethics, role clarity and long term, career progression before making a change. An organization that allows people to grow, fosters a healthy work environment respects its employees, values its customers and is managed well, will be a far better option any day than one which offers a higher salary but is a suspect in its other virtues.
Monetary and other benefits are not the only factors one must consider at this point, experts say repeatedly. Other important parameters that one needs to look at are as follows: 1) stability of the company; One should question on their business plan and goals. Read up and ask around as much as you can before you go for the interview, 2) if the salary is low initially, check for bonuses and performance based incentives in the offering and 3) career advancement opportunities: do you need to start at a level or several levels below your current one? If yes, look out for advancement opportunities for an experienced professional as yourself. Job seekers now have understood that simply relying on word of mouth or just having an opportunity enough now. One needs to be more watchful and flexible about the opportunities they receive. Always evaluate the job opportunity with the skill you possess. Try to gauge if your talent matches with the requirement so that your performance hardly suffers. If it matches pick the job. While seeking a new job, it is imperative for the candidate to make the organization realize about the bygone times. This, being one of most difficult times, has made the candidate realize the value of a stable and fine job. The candidates should create the impression that he / she is here to stay and not go job hopping as soon as the next opportunity comes by.
The key therefore, is to not be overwhelmed by the sudden spurt of job offers post the lull. Though, they might be available (however not in plenty) today as opposed to a year ago, it’s vital you evaluate every offer wisely and pick the employer of your choice.