One of the most powerful developments shaping the workforce today is the rise of the millennials. Driven on technology and shaped by their need for self-realisation, here is a generation with a strong desire to connect and find meaning in their work. They thrive within collaborative, flexible workplaces where their voices are heard and appreciated. For this motley generation that grew up with a mix of the laid-back 1990s and the transitional 2000s, work ethos has come to be closely defined by the pursuit of passion.
Even in the current crop of workers, 80% and above believe that they are driven by passion over money. This is true in India, the Gulf and across South Asian countries such as Singapore, the Philippines and Malaysia, where Monster conducted this poll. And yet, you would only find 20% or less actually pursuing their passion in their current jobs. In a future where passion is clearly emerging as a priority in the workplace, this mismatch of what one loves to do and what one finally pursues is bound to breed discontentment.
So what stops people from pursuing their dream jobs? Key reasons are often a lack of clarity or lack of opportunities.
Job seekers may be unsure of both where their passion lies and how to go about realising it. If we reverse the perspective here, we can see that recruiters can play an important role in helping bridge this passion-pursuit gap by matching candidates to the right roles. Amongst the millennials entering the workforce today, this means going beyond just identifying skills and expertise. One must ask—what is their driving force? Are they motivated by the money or the role itself? Do they understand and value the work they will do and the company for what it does?
While pay packages and opportunities for growth are always key motivators, we see other stronger incentive in this workforce that must not be ignored—the need for flexibility, a desire to work on their own terms and with the best people, all of which are driven by a strong sense of self. We should no longer be looking for the best person for the job on paper, but for the passion and drive that will ultimately transform this into a productive workforce. For example, the scope for personal development is often one of the top criteria. Do we have the HR strategies in place to cater to this?
Look at the companies that are attracting some of the best talent today. They are building model workplaces that are driven by passion and ambition. Those are the companies that have broken the paradigm with innovative recruitment methods by seeking out people who are driven by the job itself, and offering a culture that values the individual and their development. Today, they are the most profitable companies in the world.
No doubt, passion is a driving force for success. Yet often we think it is hard to find because we are already trained in our current jobs and stepping out might mean a whole new start. But look around and you might find a passionate calling in your own line of work, one that falls within your skill sets.
People have latent skills, which are usually spotted by an outsider and there is a need for an enabler for pushing passion to skills and helping people find better jobs by bringing meaning to their lives. If you are a sales person who loves to travel, you could take that wanderlust and find a job in the travel industry. If you are a mechanical engineer who is also a bike enthusiast, you could focus on your skills and work for a bike manufacturer. If you are a software coder by profession and loved gaming all your life, you can make games coding your career. For those of us who have been working for years, there would be a plethora of opportunities in the skills we have built, if we only take that chance on ourselves.
So plunge into your unknowns and find that deep-seated desire. The only way to do great work is to love what you do and if you don’t then find the sweet spot between what you do and what you love. There are millions of jobs. Manyhave found theirs. Find yours.
The author is managing director, Monster.com (India/South East Asia/Hong Kong/Middle East)
News Source: The Financial ExpressOnline hiring activity in India rose 32 per cent in July from a year ago, a sign that Indian businesses are getting confident of the economy, says a survey.
The Monster.com's employment index, a monthly gauge of the country's online job demand, rose 50 points (up 32.46 per cent) to 204 in July this year, from 154 in the same period a year ago.
"The Monster Employment Index records the highest growth for 2015 with a 32 per cent increase in online job opportunities ," Sanjay Modi, Managing Director, Monster.com (India, Middle-East, South-East Asia and Hong Kong) said.
While the hiring momentum continues to pick up, the overall job market in India has witnessed more stability, especially in sectors such as BFSI, which registered a 73 per cent jump in hiring momentum in July followed by production and manufacturing (72 per cent) and automation.
A sectoral analysis shows that 20 of the 27 sectors tracked by the index saw traction in online space.
On a month-on-month basis too, hiring momentum trended up. The reading for July is 2 points higher than June.
According to the report, going forward, the strong hiring momentum is set to continue, thanks to an improving economy, government's initiatives including 'Make in India' and plans to create 100 smart cities.
"The job scenario is slated to be optimistic with organisations hiring aggressively, contributing to the overall momentum in making India job ready," Modi added..
Moreover, online demand improved in all the 13 occupation groups monitored by the index. There was an increase in demand for senior management personnel. A 57 per cent growth in demand is the steepest among all monitored groups, Monster.com said.
City-wise, all 13 cities covered by the index showed a positive online hiring trend on an annual basis. Baroda took the lead (up 55 per cent) followed by Pune (up 43 per cent).
Mumbai and Bangalore were next in line with 39 per cent growth each, on a year-on-year basis.
About 56 per cent of the respondents could not find a job that meets their passion, a new survey by jobs portal Monster has found.
Only 13 per cent of the respondents consider themselves fortunate to follow their passion in their current job, the survey noted.
Monster is launching ‘Love What You Do’ - a campaign that aims at provoking and inspiring people to pursue their passion.
Sanjay Modi, Managing Director, (India/Middle East/Southeast Asia/Hong Kong), Monster, said, “In today’s age there are two types of employees — one for whom compensation is the criteria for job satisfaction and the other segment who pursue their passion to make careers; irrespective of pay. The revelation from Monster’s poll is that the first segment is only a meagre 17 per cent as compared to the latter (83 per cent).”
He added that there still exists a 14 per cent who are unsure of their passion. “With this campaign, we hope to act as an enabler pushing passion to skills,” he added.
As a part of the campaign, Monster is rolling out an extensive communication through radio, social, mobile, display media and offline engagement activities at prominent airports
News Source: Business Today
Hiring rose across sectors all through 2015, recording the highest growth of 32% in July, says online job portal Monster.com’s monthly job index.
The overall job market in India has improved significantly since January and is likely to be much better on the back of the government’s initiatives like ‘Make in India’, says the report.
Of the 27 sectors that the portal tracks, 20 saw growth from the year-ago period. Banking and financial services sector topped with 73% year-on-year growth, followed by production and manufacturing sector with 72% increase in July.
Core sectors like construction and engineering which has remained sluggish since early 2013 have significantly improved. The employment growth in these sectors saw a growth of 16% between January and June 2015.
Similarly, oil, gas, petroleum, and power segments have also shown signs of recovery as the fall in hiring dropped by half to around 11% in July from the previous month.
While hiring in the information technology (IT) space grew 51% last month, logistics and transportation sector registered an increase of 13% growth.
“With an improving economy, government’s myriad initiatives such as ‘Make in India’ and plans to create 100 smart cities, are likely to further stimulate job opportunities. The job scenario is slated to be optimistic with organizations hiring aggressively, contributing to the overall momentum making India job ready,” said Sanjay Modi, managing director, Monster.com (India/Middle-East/South-East Asia/Hong Kong).
As per the data, the demand for senior management personnel has witnessed a 57% rise, one of the steepest among all the job profiles monitored.
Online demand for sales and business development was up 45%, marketing and communications increased 14% and human resource and administration 28%, according to the job portal.
News Source: Live Mint
Online hiring activity in India jumped 32 per cent in July from a year ago, a sign that Indian businesses are getting confident of the economy, says a survey.
The Monster.com's employment index, a monthly gauge of the country's online job demand, rose 50 points (up 32.46 per cent) to 204 in July this year, from 154 in the same period a year ago.
"The Monster Employment Index records the highest growth for 2015 with a 32 per cent increase in online job opportunities," Sanjay Modi, Managing Director, Monster.com
(India, Middle-East, South-East Asia and Hong Kong) said.
While the hiring momentum continues to pick up, the overall job market in India has witnessed more stability, especially in sectors such as BFSI, which registered a 73 per cent jump in hiring momentum in July followed by production and manufacturing (72 per cent) and automation.
A sectoral analysis shows that 20 of the 27 sectors tracked by the index saw traction in online space.
On a month-on-month basis too, hiring momentum trended up. The reading for July is 2 points higher than June.
According to the report, going forward, the strong hiring momentum is set to continue, thanks to an improving economy, government's initiatives including 'Make in India' and plans to create 100 smart cities.
"The job scenario is slated to be optimistic with organisations hiring aggressively, contributing to the overall momentum in making India job ready," Modi added.
Moreover, online demand improved in all the 13 occupation groups monitored by the index. There was an increase in demand for senior management personnel. A 57 per cent growth in demand is the steepest among all monitored groups, Monster.com said.
City-wise, all 13 cities covered by the index showed a positive online hiring trend on an annual basis. Baroda took the lead (up 55 per cent) followed by Pune (up 43 per cent).
Mumbai and Bangalore were next in line with 39 per cent growth each, on a year-on-year basis.
News Source: The Economic Times
