Swati4
He Professional
+2 Others

Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Dear all,

I've just joined a consultancy as a Recruiter' since 2 months and because of current market situations we are facing a lot of problems in recruitments. I can't see any growth for my career here. Besides our boss keeps on asking us for results and feedbacks for new business developments. I also thought of changing the job, but as far as my knowledge, similar is the situation everywhere. But i'm more interested in a generalist profile or HR executive profile than just recruitment and i'm not sure about changing a job now or even after 2 - 3 months will be better for my career or it may create more problems.

I just wanted to know that because of this recession and such a low market situation, every sector is facing problems or its only the consultancies which are facing problems??? How are the other sectors affected by this??? Can we get an overview about how long such a situation will be there in the market????

Waiting for your valuable replies!!!!!

With Regards,

Swati.

Swati,
The the world is affected by this recession and every industry is affected on account of the credit crunch and fall of demand. But unlike recruitment consultancies other industries are able to run the show though growth is slow or in but in case of placement agencies its going to be a total rout as all companies have freezed recruitmtents or are using internal resources to fill posiiton.
The economy slowdown is going prevail for quite some more than we expected. Consultants have projected a growth rate of 5.5 perc for which is not good for recruitment professionals.
Lets keep our fingers crossed and hope for the best.
Julian

May be recession proof sectors could be permanent government jobs, food Manufacturing, Health Care, Educational Services, Legal Services, Badly Hit Sectors are Retail trade, construction, consumer product manufacture, travel and hospitality, securities and investments, and banking are usually hardest hit in a recession as people spend less on luxuries and leisure.
Dear Swati,

Yes even I do feel the same way you do. Even I am working for a search firm for the last 2 months and it's the same as you have mentioned it. I am keeping my fingers crossed praying hard and hoping for the best!!:icon4:

This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™