• Post-Covid Scenario: Businesses are more sympathetic to layoffs and willing to hire if the opportunity arises

    Business
    Post-Covid Scenario: Businesses are more sympathetic to layoffs and willing to hire if the opportunity arises

    According to Shiv Agrawal, managing director of ABC Consultants, hiring leads are digging further to find out the precise reasons why the employee was impacted, whether it was due to business consolidation, shut down, individual performance, or integrity-related issues.

     

    Digital Desk: The layoff
    narrative is now part of the resume in the new normal. According to staffing
    specialists and talent acquisition leaders ET spoke with, a candidate who
    claims that they have received the pink slip due to business reasons is
    acceptable to recruiters and is even viewed as bold in comparison to
    pre-epidemic periods.



    color:#3E3E3E">In the current business climate, layoffs are unavoidable.
    According to HR directors at organisations like Cisco, Deloitte, EY, and UpGrad
    as well as executives at staffing and recruitment agencies Randstad,
    ManpowerGroup, Adecco, and ABC Consultants, recruiters are now less picky about
    CV gaps.






    Organizations
    now show greater sympathy for layoffs. SV Nathan, chief talent officer at Deloitte
    India, stated that recruiters increasingly view it as daring when applicants
    disclose that they have been let off and even inquire about the lessons they
    would bring to the position. He claimed that at least 5-7 percent of the
    resumes sent to the consultancy major at the moment were from people who have
    been fired.



     



    According
    to Shiv Agrawal, managing director of ABC Consultants, hiring leads are digging
    further to find out the precise reasons why the employee was impacted, whether
    it was due to business consolidation, shut down, individual performance, or
    integrity-related issues.



     



    According
    to HR director Jayita Roy, the global workforce provider Adecco has noticed a
    trend where job searchers, particularly women and those who were laid off due
    to the pandemic, have chosen to take a career hiatus.



     



    People
    who have been laid off are not treated differently by organisations from
    professionals in active roles.



     



    According
    to Hardeep Singh, president of Right Management India, a division of the
    Manpower Group, "We are witnessing similar gaps in the CV across sectors
    like hospitality, manufacturing, and retail, to name a few."



     



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    According to Singh, there are more consumer-facing
    profiles showing a gap in their resume than back-office personnel at the
    mid-level and above (managerial roles).



     



     



    "We
    analyse close to 1,000 applicants every day, and in recent months, we have
    noticed an increase in the number of resumes from recently laid-off workers. We
    are extremely open to recruiting them if there is a fit because this is a
    pandemic-driven issue, UpGrad cofounder Mayank Kumar told the media.



     



    According
    to Anjali Raghuvanshi, Chief People Officer, Randstad India, candidates may or
    may not include in their resumes that the reason for a career hiatus was a mass
    layoff because they prefer to speak candidly during interviews. The majority of
    recruiting managers, she said, "are well aware of how the pandemic has
    significantly affected the workforce."



     



    According
    to talent acquisition experts with whom ET consulted, folks who have been laid
    off may find employment more quickly by incorporating information on online
    learning and upskilling on their resumes. Recruiters may quickly review an
    applicant's credentials by looking at quantifiable successes like the outcomes
    of certain projects and how many people they have previously led, the experts
    advised.

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    Qualifications, abilities, and experience are
    crucial, but overall personality is more significant, according to Sandeep
    Kohli, talent leader for EY India. We look for people who can alter their own
    experiences through digital transformation or who can contribute to creating a
    better working environment.



    According to Sirisha Palepu, director of people
    and communities at Cisco India and Saarc, as more and more businesses go
    borderless and hybrid, they are searching for employees who can be productive
    and imaginative from anywhere.