Top Recruitment Sectors for Growth in 2021

 As the year gets underway, the pandemic and post-pandemic effects of 2021 will begin playing out. The majority of industries had seen an increase in employment in the fourth quarter of the previous year, but they expect to see a rise in March and April 2022.

While some sectors, like IT, FMCG, etc. are emerging as top recruiters, other industries like hospitality are struggling to catch up with the competition. According to Executive Search Thailand the four key factors mentioned below are driving hiring and recruitment this year: -

  • The demand is growing for technical and digital talent;

  • The demand for more talent resources is increasing as companies are streamlining their designations and removing backlogs of hiring;

  • Remote accessibility and acceptance working from anywhere in the world and Global companies are investing more in talent regardless of national borders; and,

  • Although the trends in recruitment for this year have a lower percentage of hiring than in 2019, employers are now considering "right-sizing", which means more hiring figures from a month-to month ratio.

How Are the Recruitment Trends Shaping Up for 2021?

The most talked about words are internal mobility and upskilling programs. Let's take a look at how the hiring process is taking place across different sectors, geographical regions and the amount of experience.

Industry Hiring Trends for 2022

Sectors like the digital industry, FMCG, manufacturing, healthcare, IT and construction have seen upswings in the numbers of people they hire. However, the tourism, travel and hospitality sectors are trying to figure out their place within the new world of business.

After the pandemic, many people adapted to online shopping, more hygiene-related considerations, and new labor regulations. This year has witnessed an increase in hiring in the retail and wholesale sectors, as well as manufacturing, services, transport and utilities and public administration.

Small-sized businesses are at the forefront of hiring figures in all of these sectors followed by medium and large-sized businesses.

The IT/ITeS/BPO sectors particularly are the leaders in employment trends in 2021 because they are able to accommodate remote employees. Indeed, the delivery of technology-enabled collaboration along with productivity and collaboration tools, are assisting the majority of workplaces in all industries as they move to remote.

In accordance with a LinkedIn survey, the following are the most sought-after job areas with the most potential hiring trends: -

  • The field of data science with a focus on robotics engineers, data scientists, Data Engineers, Full Stack Engineers and Site Reliability Engineers

  • Software development jobs that include roles such as JavaScript Developers, Back End Developers Cybersecurity Specialists, Cloud Engineer Professionals in the field of User Experience (UX) Professionals

  • Healthcare such as Pharmacy Technicians and Home Health Aides

  • Artificial Intelligence such as Artificial Intelligence Specialists and Machine Learning Engineers

  • Mental health roles such as Behavioral Health Technicians and Behavior Therapists

  • Sales as Sales Development Representatives, Customer Success Specialists, Business Development Specialists and Strategic Advisors

  • Digital Designers, Digital Marketing Professionals and Digital Content Creators

  • Marketing officers with a focus on Product Owners who assist the development of products and Chief Revenue Officers

  • Finance experts such as Loan and Mortgage Experts

  • Education such as Teaching Assistants, Elementary School Teachers and Curriculum Developers

  • Frontline Ecommerce Workers

  • HR such as Experts in the roles of HR in Workplace Diversity

Professional and Personal Coaches

These areas of employment that are rapidly growing are being put under the spotlight because of demand as well as the quantity of jobs that are open. This list reveals areas where there currently opportunities. This list is a way that candidates should work on their abilities and remain current.

Recruitment Trends for 2021 by Geography

The future will be realized using a mix of office as well as remote working. This is a clear indication towards the de-limitation of geographical limits in the hiring pool. According to a study conducted by The Conference Board, at least one third of the HR executives who comprised 330 or more of mostly large US companies agreed to employ remote workers for any position regardless of location within the US or globally. The percentage was only 12 percent prior to the pandemic time.

Location of work is no longer a primary factor in determining the right candidate. Employers are looking for people who are able to work outside of cities and even countries. Employers have noticed improvements in productivity and efficiency and many employees are finding it easier to work from home by working remotely.

The reality is that in North America medical and digital professionals are in the market and remote work has provided an opportunity to move knowledge across the whole nation. Employers are hiring talent from groups that are underrepresented, as well as secondary cities, and giving the opportunity to access different sets of expertise.

In Europe, though the most sought-after jobs are the same there as certain industries that are unique to specific countries. For example, in the United Kingdom there has been an increase of 132% in construction jobs and a 62% increase of Real Estate in 2020 fueled by people who are moving out of cities facilitated by remote working.

Within the Middle East, the rising demand for digital content is for Freelancers and Digital Marketing Professionals, Personal Coaches, and Digital Marketing Professionals. Particularly, the UAE has seen a 134% rise in 2020 over the previous year for language services like Medical Interpreters and English Teachers.

In Southeast Asia the digitally-savvy will be the most competitive in the search for employment. In Singapore there has been an increase in education and health technology roles whilst in Australia there has been growth in the health care industry--mental health social work, and healthcare with a range of skills from diagnostic and clinical to communication and organizational skills proving to be the dominant sector.

In India the acceptance of digital technology has led to the development of technology. Health, education as well as finance technology are set to see substantial growth and employment opportunities.

Talent Acquisition Trends for 2021 by Experience

The trends during the pandemic in 2020-2021 in recruiting talent have shifted the focus of many businesses toward project-based or freelance hiring. Since remote working allows hiring the top talents across the world, Domain experts stand to benefit.

Here are some ranges of experience that could benefit from these trends in talent acquisition:

  • C or Senior C Level professionals who are employed in areas such as finance, marketing and human resources and technology as well as sales, particularly in specific IT areas.

  • Skills that are functional like writing code, creating content and analysis of data digital marketing and online education remain in high demand.

  • As the online user base grows the demand for skilled workers such as web content writing, podcasting, development of content video editing, and creative writing, and podcasting will be the main factors that drive hiring

  • Skills for specific roles in marketing like affiliate networking as well as networking marketing and brand marketing along with brand ambassadorship are sought after.

The digital economy in India is predicted to provide more than 65 million new jobs in 2025. That means skills like Node.js, JavaScript, Python (Programming Language), Cascading Style Sheets (CSS), Java, Deep Learning, Machine Learning, Artificial Intelligence (AI), Natural Language Processing (NLP), Tensor Flow, Tableau, R (Programming Language), Data Analysis, SQL, and Machine Learning will be important.

In the financial sector trading, financial analysis equity research, the management of compliance, investment banking abilities will be a priority.

Work that is cross-functional and project-based, where employees are able to change to new projects when the business requirements change will be more popular; thus that transferable and potential skills, such as adaptability or problem-solving will enhance the chances of hiring.

 

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