Will Coronavirus Affect Job Hiring? Impact on Hiring Due To COVID-19
As we all know global spread of coronavirus, COVID-19. It has created a very bad impact on almost ever industry. Same it have a negative impact on IT services companies also, Hiring of fresh engineering graduates from college campuses is also decline owing to uncertainties arising out of global spread of coronavirus.
Joining of new graduates is likely to be staggered as companies are expected to onboard staffers after gauging the demand scenario.
Aditya Narayan Mishra, chief executive officer of staffing firm CIEL HR Services said, “We anticipate delay in joining dates for the freshers holding offer letters. Dishonouring letters of appointment may also happen if the user industries in the US and Europe continue to reel under the impact of the virus for the next eight weeks”.
He also said the hiring of engineering graduates might fall by 20-30 percent if the virus was not contained in the next few weeks.
Tata Consultancy Services (TCS) has added around 30,000 fresh graduates in this financial year. The company’s management has said it will increase this number to 39,000 in the next financial year (FY21). While Infosys has made 18,000 offers this financial year, Wipro has said it will onboard around 20,000 fresh graduates.
Sunil Chemmankotil, Head (specialised staffing) at TeamLease Digital said, “The biggest issue is that none of the companies in India have complete e-onboarding process, so even after selection, candidates are not getting onboarded. As of now, most clients have deferred joining to the first week of April”.
Conclusion:
The main objective of this blog is to create awareness to grow your skillset.
If the impact of COVID-19, the job industry will boom in hiring freshers. “The real impact will be on hiring for next year (2021), which will depend on the demand outlook amid spread of coronavirus”, for that you have to do only three things Be prepared with your
- Proper skillset
- Resume and
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