Thursday, September 4, 2008

Market is terrible!

Market is terrible and not treating me very well.

While I was searching a job, during a well-market, there were less screening of candidates. The evaluation process was not in that depth and it was easy.

But now, I could realize the pressure and stringent evaluation processes.
There are lesser openings and those openings are tightened with couple of layers of evaluation.

There is more supply and lesser demand, which makes the market non-co-operative to job seekers. There are very easy rejections! There are more people out in the market and employers are having lesser business.

Management drives the recruitment and the recruitment managers cannot make any mistake in recruitment. Since there are more job seekers and lesser demand for job, employers are able to find people easy, with stringent procedures.

Everyone is sticking to their job as of now and keeping the boat going. Business is generally dull for the employer as well. So, there is no chance of asking for hike/bonus etc., Whoever is in job, has to just hang on to where they are.

Overall, it sucks!!

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