When establishing a course for a future profession, it is essential to develop abilities that are both marketable and in demand by potential employers. For this purpose, it is vital to have awareness of the continuing trends in the employment market. When you have gathered all of the information about the occupations and skills that are in demand in the market, you will then be able to formulate a specific strategy to be ready for a position in one of the vocations that are the most needed and in demand. The occupations or talents have a substantially anticipated increase in demand during the next several years. In this article, we will explore the top five occupations and skills that are in demand in the US and Indian markets and are anticipated to expand by a factor of two in demand by the year 2021.
Top 5 Jobs in High Demand in India and the United States
1. Computer Programmer or Engineer
Software Engineers are the professionals that are accountable for the testing, planning, enhancement, and maintenance of computer software for business as well as personal use. Software Engineers also work on the development of new computer software. In the process of planning and creating software, they heavily rely on the principles of mathematics, physics, and engineering.
It has been projected that employment opportunities in the field of software engineering will increase by 32% over the course of the next several years. Due to the fact that they are needed by all types of firms, whether they are related to IT or not, they might anticipate numerous work descriptions, including the following:
Web Developer
Mobile App Developer
Analyst of Business and Financial Information
An Analyst of Computer Systems
Manager of Quality Control and Assurance
The typical starting salary for a software engineer in India is Rs. 3,50,000 per year. This is the case in the beginning of their professional careers. With each additional year of experience, this sum increases by a factor of two. A software developer with ten years of experience might reasonably anticipate receiving much greater pay.
2.Manager of Business Development Position
One of the responsibilities of a Business Development Manager is to identify new business opportunities for the organization, with the goals of increasing benefits and generating cash. In addition to this, it is also his responsibility to establish relationships with prospective clients, investigate leads, and organize meetings with sales leaders. Improving the company's duties, reputation, or standing in the market is one of the primary responsibilities of a Business Development Manager. Employment opportunities for business development managers may be found in a variety of the industry's subsectors, including as
Education
IT
Pharmaceuticals
Banking
Manufacturing
Digital Marketing, etc
There they might anticipate employment like Sales Manager, Business Head, or Business Development Executive.
An experienced Business Development Manager with 10-19 years of experience can expect to earn an average salary of 988,451 in India. This figure is based on 639 different pay rates.
3. Sales Manager
The direction of an organization's sales staff falls within the purview of the sales manager. Sales Managers within a business are responsible for organizing a variety of activities, including Sales Goals, Data Analysis, and Training Programs. Business-to-business sales managers and business-to-consumer sales managers are the two categories of sales managers that exist.
Between the years 2018 and 2028, employment opportunities for sales managers are anticipated to increase by 5%. A productive sales staff will continually keep an eye out for opportunities to increase profits. As the economy improves, organizations will place a greater emphasis on making new sales and will turn to their sales practices as a means of expanding their level of seriousness.
The salary of a Sales Manager in India, on average, is 483,175, according to the latest government data. The average annual salary for a Sales Manager with 10-19 years of experience is 622,050 yen.
4. Business Analyst
Competent business analysts are tasked with the responsibility of enhancing an organization's competitiveness as well as its execution over a broad spectrum of criteria. Business professionals may manage groups or work freely to handle challenges and overcome obstacles.
The fact that their job cannot be done by machines is one reason why business analysts are in high demand. As long as there is a need for human interaction, AI and automation will not be able to take over the tasks of business analysts.
The top five markets for a Business Analyst are as follows:
IT
Government
Finance
Healthcare
Consultation
The average salary in the United States and India is as follows: In the United States, the number of opportunities for the position of business analyst is expected to rise from 364,000 to 2,720,000 by the year 2020. A Business Analyst, IT who has 10-19 years of experience can expect to make a yearly salary of 1,232,216 rupees () on average in India.
5. Content Writer
Writing content is a skill that is needed in almost every sector of the modern economy, making it a career that is in great demand. This is due to the fact that websites, web pages, ebooks, and other forms of online media all include information of a high enough quality to power the internet.
The following are examples of possible jobs for content writers:
Specialist in the Development of Content
Strategic Content Planner
Content Head
Content Consultant
Certified Expert in Content Marketing
Depending on 246 different pay rates, a mid-career Content Writer with 5-9 years of experience earns an average salary of 414,086 in India. This number represents the country's average salary. The salary range for a skilled Content Writer with 10-19 years of experience is between 556,003 and 556,003 Japanese Yen (depending on 53 payments).
The Top 5 Skills in High Demand in India and the United States
1. Javascript
It's possible that being able to develop in JavaScript is one of the most sought-after skills in the programming industry today. In the year 2020, the skill most in need in the field of information technology will be JavaScript.
According to the findings of a study that surveyed 143 countries and analyzed the results of over 200,000 code exams, it was found that 72 percent of businesses are looking to hire JavaScript programmers. According to another survey, 48 percent of organizations in general claim that they require skill with JavaScript, however only 42 percent of student engineers state that they are proficient in the language. [Citation needed] An annual wage of 5,18,875 is considered to be the norm for a Javascript developer working in India. On the other hand, one may expect a raise in compensation as their level of expertise grows.
2. SQL:
The SQL programming language was developed specifically for the purpose of accessing and administering relational database systems. Modifying the table architecture of a database, regaining lost data, and creating brand new tables are all possible using SQL.
SQL was, in practice, the ability that was mentioned the most. Why?
Having a mention in 35.7 percent of all commercials
Over seventy percent of developers that deal with data use SQL, which is a higher percentage than any other language.
Opportunities exist in fields such as data science, data engineering, database administration, data analysis, and other related fields.
SQL is used by almost all of the most reputable brands in the IT industry today. The list continues with companies like Uber, Netflix, and Airbnb. In point of fact, even inside companies like Facebook, Google, and Amazon that have built their own advanced database systems, data departments still use SQL to query information and carry out analysis.
3. Sales Management
A Sales Manager is responsible for directing the distribution of their company's goods to customers. This involves the creation of new agreements in addition to the establishment of quotas and goals. The role of the sales supervisor is to act as the directing hand for the sales group. They are responsible for planning out the preparation programs for the staff, developing efficient methods for the sales group to use, and encouraging colleagues to outperform both short-term and long-term deal targets.
Positioned third among the best jobs in sales and marketing is sales management. In the United States, the 25th percentile earners earned an average of $177,830, while those in the 25th percentile made an average of $85,150.
4. Leadership of the Team
It is no longer sufficient to only possess technical abilities. Today's workplaces are actively seeking people who can demonstrate strong leadership and management abilities. Among them are the following:
Communication
Consideration of Strategy
Motivation
Emotional Intelligence
Stress Management
A staggering 79% of employees are willing to leave their employment if they do not feel appreciated by their managers and supervisors.
After the year 2020, those in positions of authority will be forced to cope with an absolutely unprecedented age range of candidates. In light of the fact that millennials will make up 75 percent of the work force in 2025, the concept of the labor force as a whole will undergo significant transformation.
5. Recruiting
These abilities for HR professionals and Recruiters are becoming more vital than they have ever been before as a direct result of the constant development and expansion of the recruitment industry:
The Value of Inclusivity and Diversity
Making a Call or a Choic
Personal Development
Talent Pipelining
The HR Strategy
In 2020, there was a 44 percent increase in the proportion of recruiters who included self-improvement skills on their profiles. In addition to this, when asked to rank a list of 13 soft skills in order of importance, the majority of respondents (53 percent) agreed that flexibility is the most important soft talent for a recruiter to have in 2021.
What Kind of Changes Can You Anticipate in 2021?
Despite the challenges that the year 2020 has presented, the new in-demand jobs and skills that have emerged as a result of it will be of assistance to both recruiters and candidates in the years to come, making it easier for both parties to choose the path that is best for their respective organizations.
Utilize this summary of the most in-demand positions and abilities to map out your company's learning and development requirements for 2021 as the post-pandemic era starts. It is impossible to know all that the future will bring; nonetheless, the list that was just shown to you should provide you with a general notion of what you should be preparing for or working on.