hr.economictimes.indiatimes.com | www.ETHRWorld.com
The Banking, Financial Services, and Insurance (BFSI) sector has been a significant contributor to India’s economic growth, accelerating India’s endeavour to become a five-trillion-dollar economy. As the BFSI industry evolves, the world is witnessing an enormous change in recruiting trends, which is being pushed by technological innovation.
Amid the ongoing economic recovery, the BFSI sector has accepted the shifts of technological revolution, adapting to an age characterised by digitisation. A recent report by Instahyre revealed that Social Media recruitment has become an emerging trend, with 91 per cent of employers using it as a part of their employment process.
Social Media has emerged as a powerful tool for both employees and employers, as 36 per cent and 40 per cent of job seekers in the banking, accounting, and finance industries respectively, leverage social media networks to search for job opportunities.
Proving to be more than effective, with a staggering 73 per cent of millennials finding their last position directly through a social media channel. In addition, millennials are the most active job age group on social media as 85 per cent of them are incorporating it into their job search.
Almost 41 per…
Click Here to Read more /Source link