Recently, BBC News reported that the job crisis in India is driving millions of people to big cities. According to the article, this “demographic disruption” will push India past China as the most populous in the world this year.
What does this mean for business leaders and hiring managers across the country? Let’s look at three key takeaways from the article and, what’s more, see how they impact staffing solutions.
- Young workers
“India’s new status highlights its demographic dividend as the nation with the largest number of young workers – but also its biggest challenge: creating enough jobs for them.”
Many young graduates lack the necessary skills and qualifications required by industries. It’s easier said than done, but Indian businesses will be called upon to create new jobs by increasing their capacity and expanding their services to accommodate the surging influx of job seekers.
- What training opportunities are you implementing to make way for a desperate—but as-of-yet unqualified—workforce? On-the-job training helps young workers acquire job-specific skills, adapt to the work environment, and understand industry practices under the guidance of experienced mentors or trainers. Offering apprenticeships and paid internships could also help develop a dependent workforce immediately and in the future.
- Until you can find full-time positions for urban newcomers, perhaps your company should explore, develop, and/or offer freelancing platforms for young workers.
- Engage with educational institutions through campus hiring programs and partnerships. Collaborate on curriculum development, industry visits, guest lectures, and internships to ensure graduates are job-ready and possess the required skills.
- High unemployment
“The country’s economy is growing at a fast pace, creating a big market for the world. But its rate of unemployment stands at a high of 8%.”
How can you or your business create job opportunities for the unemployed? Savvy business leaders like you—or qualified hiring managers with an audible voice at your organization—could:
- Advocate to hire employees who may not have the traditional education requirements and experience. Shift the focus from educational qualifications to the specific skills and competencies required for the job. Define the key skills needed for each role and evaluate candidates based on their demonstrated abilities.
- Look to create positions that require less physical labor, such as those in customer service, IT, or data entry, to enable people with disabilities or physical limitations to find employment.
- Embrace digital technologies and automation to optimize operations and create new job roles. Invest in upskilling and reskilling employees to adapt to the changing technological landscape.
- Urban migration
“India is in the throes of a massive move to cities – the second largest rural to urban migration in human history.” It’s estimated that at least 800 million Indians will live in urban centers by the middle of the century—more than half the country’s population
To reduce the urban-rural migration and alleviate pressure on cities:
- Look to create jobs in rural areas where there may be less competition for positions and sectors experiencing growth. Set up branch or satellite officers in rural areas to provide job opportunities closer to people’s hometowns to reduce the need for individuals to migrate to urban centers in search of employment.
- Highlight the advantages and unique opportunities available in rural areas, such as a lower cost of living, proximity to nature, and a sense of community. Dispel myths and misconceptions about rural living and showcase the potential for professional growth and personal fulfillment.
By adopting these strategies, business leaders and hiring managers can contribute to addressing the job crisis in India and provide opportunities for young workers while considering the challenges posed by urban migration. Collaboration with educational institutions and local communities is crucial in implementing effective staffing solutions and fostering sustainable economic growth.
Related: Workforce Trends in Asia Pacific
This blog was written by Acara India’s Director and Country Manager Navin Gautham.