Cost of Frustration –A Job Market Scenario

In the process of filling-up of vacancies, it is endeavour of every employer to fix round pegs in round holes. The employers are not yet in a position to fix the issue of finding the Right Power despite having a huge supply of Man power. As per a survey there is huge Skill gap & vacancies are not getting filled up due to inability to find the right talent. It ultimately results in poor business performance, besides there is growing discontent and lack of trust between the existing workforce and the employer. In the quest of attaining optimum capacity the existing workforce is put under pressure.

The employer also seeks solution by employing Square pegs in round holes & starts investing in the Training Programmers & hopes to get the best out of the trained employees.

As per statistics out of 5crs employed in real estate and construction sector only 2 crs are professionally qualified. A weak workforce reduces the competitiveness and prospects of growth.

On the other hand Employees, feel let down when they are made to work on projects which is not as per their ability and experience. There are many employees who treat their jobs as Careers and not " Just a Job". With increasing job opportunity forecast in 2014—due to factors of stable govt., economic scenario the percentage of Career conscious work force will also increase. As the attrition rate of work force increases it will be a – added Cost to the employer.

When there is economic slowdown finding employment requires extra skills, luck and connections. It is during this period the "Career" part of seeking the job takes a back seat. The vacancy advertised get a huge response the employer having wide options may not even peruse you Resume-however articulate it may be. Think of the HR who sits with multiple of resumes and gets only a minute to go through the resumes. It is possible that with all the credentials-you may not get call letter.

It is also possible that when employment market is robust-- you may not land up with the best opportunity.

How can one get a "perfect" opportunity when India for e.g trains 1.5 engineers which is more than the number in US and China combined.

The engineers are taking jobs for which they are overqualified and therefore underpaid. Employers don’t care what you know, they focus on what you can do with your knowledge.

Everything said and done—when we seek job at micro-level we try to seek good prospects irrespective of socio-economic situations. We try to do our best to fit our Career and get the maximum for our efforts of our Family and our own hard work.

Employers cannot do charity for lack of Skill or set aside unlimited budget for recruitment even though it adds to his cost in the long run. A middle path has to be put in the place to reduce the Cost of Frustration on both the sides to create a Win situation.

We at myfamilyneed.com are in the process to bring the Employer and Employee –Face to Face- so that those who seek jobs can put the details of their Resume in the nutshell by posting details in our Post Job section. This way every employer will be able to search for his requirement on a ongoing basis and not only when Need arises. Besides you can upload your C.V in the conventional format.

The employer also puts out detail job profile in the Offering section of Post Job section. The employer will email or call on your if your suit his requirement.

It is real time hiring On-line without any formalities as in case of job portals.