You are currently viewing 9 big employment trends for 2022: Monster report

9 big employment trends for 2022: Monster report

If 2021 was the year of renewal for several industries amid the Covid-19 pandemic, it was also the year of many firsts. The adoption of technology across all industries has increased as more companies transform their organizational strategies and goals to accommodate the new normal.

The need for qualification and upskilling has reached a new high, with an increasing number of recruiters seeking qualified professionals, in the wake of the Great Shuffle and the jobs crisis in India.

But now that 2022 is here, we need to see what to expect when it comes to employment and hiring trends for the coming year and that’s what the Monster Annual Trends Report seeks to do.

Sekhar Garisa, CEO, Monster.com, a Quess Company, said: “The year 2021 has definitely been a year of recovery. As we move into the new year, we are optimistic about paving the way for better job opportunities in 2022. ”

“The future of work is hybrid and location independent, with increased skills initiatives undertaken by employers and employees. Additionally, major tech industries such as IT, FinTech, BFSI, and crypto will continue to thrive with spikes in demand for talent, ”he said.

“It’s also interesting that employee flexibility would be key to retaining talent in the future, and the Great Shuffle is a reinforcement of how the huge demand in the job market opens the door for employees to choose. career of their choice, “he added.

Here are the 9 major employment trends for 2022:

1. Demand for AI and Machine Learning Jobs Expected to Increase:

With the rapid adoption of technology across all industries and fully tech-driven industries such as IT and BFSI, the role of AI and machine learning will only continue to grow in 2022, with a significant increase in the demand for related roles.

Industry reports further suggest that AI / machine learning investments in India will continue to grow at a CAGR of 33.49% through 2023.

2. Chatbots to strengthen customer support services

To improve customer engagement, more organizations are adopting chatbots that are expected to strengthen around 45% of organizations’ customer support services by 2022.

Roles in learning and development, travel, consumer analysis and lead training would see an increase in demand in this regard.

3. Growth of FinTech in 2022

The Indian FinTech market is growing rapidly and is expected to become the third largest market in the world by 2025.

The future offers increased opportunities for digitization and digital adoption across the industry, with a positive outlook for the demand for talent in the industry.

4. Continued increase in demand for IT talent

Indian IT has continued to hire throughout the pandemic and will show similar trends in 2022.

Encouragingly, the IT industry is expected to grow 7% in the current year and is expected to see a gross employee addition of around 450,000 in the second half of FY22.

5. Big Data analytics roles to assist with huge demand

According to the core reports, 96% of companies are considering or definitely considering hiring new staff with the relevant skills to fill future roles related to big data analytics in 2022.

It will likely be the most demanded role in 2022. Data science, cloud computing, and machine learning roles have captured the bulk of the online recruitment market.

6. A skilled workforce to be the future of the workforce

The demand for skilled labor or professionals with digital skills is likely to see an increase in industries such as BFSI and new sectors such as crypto.

The main skills sought by organizations are data science, cloud computing, artificial intelligence, blockchain and machine learning.

seven. Sales sought-after professionals

The demand for sales professionals is estimated to increase, especially in industries such as FinTech, retail, e-commerce and social commerce.

8. Location-future agnostic

The future of work is certainly hybrid. Along with this is location independent work, especially for tech companies with a large workforce.

With a number of employees preferring to work remotely and stay in their hometown, more organizations are considering setting up smaller offices in Tier 2 cities or using co-working spaces for providing employees with better resources and better access to technology.

This in turn would lead to increased demand for hiring in Tier 2 cities over the coming months.

9. Optimistic outlook for a fresher hiring

Freshers hires have increased in the last three months of the year and are expected to increase significantly in 2022.

The continued emergence of startups will further contribute to the demand for entry-level professionals in all industries.

Read: IT companies to hire more freelancers and workers on stage in 2022: Top HR trends to watch in 2022

Read: 5 best paying jobs to look for in 2022

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