2 THE TIMES OF INDIA, AHMEDABAD

INDUSTRY WATCHAVIATION
& CEO, Baron Luxury and Lifestyles Pvt Ltd. The employment opportunities in aviation are immense, since the key players and stakeholders are rapidly growing and acclimatising themselves to the changing requirements of the industry . There is no dearth of talent available in the market; it is upto the employer to identify this untapped potential talent. While requirements for pilots, engineers and crew continue to exist, some of the newer avenues that have opened up in the aviation industry include aviation-related global security and intelligence, air-traffic management or aircraft-maintenance science, marketing and media related positions, reveals Khan. The emergence of new airlines, additional flights and increased turnover has created a demand for skilled employment within the industry . To cater to the increased demand and changing industry trends, cabin crew and ground handling staff are gaining increasing importance, adds Ferreira. Though there are a good number of career opportunities in this sector, there are certain roles, which usually face a shortage of talent. There is a shortage of Pilots in Command (PIC); most PICs happen to be expats. Also, there is a shortage of ATC professionals in the country . The other opportunities for employment are in aircraft engineering, operations management and ground handling, Wadhwa informs. Further discussing the major challenges being faced by the industry , Ferreira adds, The attractiveness of overseas employment options poses a threat to retaining skilled employees in ground handling. Employers in the aviation industry must focus on training staff in a systematic manner and provide an environment where employees can constantly gain knowledge and improve skills. The aviation industry is massive and crucial to an increasingly globalised world. He states, In terms of qualifications, there are specialised courses for almost every field, so that makes it easy for aspirants. The industry needs people who are ready to think out-of-the-box and provide solutions that make a given hurdle less intimidating. Strong leadership skills, comprehensive knowledge of the aviation industry and new trends are

JUNE 5, 2013

CLEAR SKIES AHEAD?

Despite turbulent times, the Indian aviation industry continues to sail through and create career opportunities, discovers Yasmin Taj

other requirements that are essential, avers Khan. Thus, with the industry gaining back its momentum, perhaps, we can look forward to clear skies. yasmin.taj@timesgroup.com

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agree to have adopted formal ways to identify top talent

Towers Watson, a leading global professional services company recently released their Global Talent Management & Reward Survey (TM&R) that captures employer views on trends and issues in areas of rewards and talent management. The survey finds that a vast majority of organisations in India experience challenges in attracting talent with critical skills.  Attrition in India is at 14 per cent,

85 per cent of employers in India

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experiencing difficulty in finding right staff with the right skills;

the

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 A staggering 22 per cent of employers are not changing course to identify new ways to address these shortages.

KEY FINDINGS:
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ECONOMY I MATHEMATICS & STATiSTICS IACCOUNTING I ENGLISH TEACHER

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as compared to last year when IT staff, marketing/public relations/communication employees and engineers were the most difficult positions to fill;

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75 per cent of employers plan to hire MBAs in 2013

The job market continues to improve for graduate business school degree holders, according to the 2013 Corporate Recruiters Survey issued by the Graduate Management Admission Council and its survey partners, the European Foundation for Management Development and the MBA Career Services Council. A companion student exit survey, 2013 Global Management Education Graduate Survey shows that six in ten business school graduates already had job offers in February or March.
 75 per cent of employers plan to hire MBAs, up from 71 per cent that hired MBAs in 2012;  US employers expect to pay new MBAs a median salary of
IMAGESBAZAAR

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worldwide are expected to hire is 14.6, up from the 11.4

they hired last year;  Sectors

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(Chef & Hospitality Recruitment Specialist)
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MBAs this year include: energy/utilities ( 86 per cent, up from 69 per cent in 2012); healthcare (89 per cent, up from 77 per cent in 2012); and consulting (79 per cent, up from 69 per cent in 2012);  Although fewer full-time two-

FOR MORE REPORTS AND SURVEY FINDINGS, CLICK ON 'GLOBAL RESEARCH' AT www.ItsMyAscent.com/CareerAdvice

IMAGESBAZAAR

ccording to a study by the International Air Transport Association (IATA), by 2020, traffic at Indian airports is expected to reach 450 million. 73 per cent of the respondents in a survey by IATA expect an improvement in profitability in the next 12 months. How is the aviation industry faring at the moment? Sajid Khan, country manager - India, South African Airways opines, I wouldnt say that the good days are back, but the industry has definitely learnt to work its way around the hiccups - high fuel prices, for example. There are some interesting developments like the unbundling of services, joint ventures, the growth of low cost carriers and mergers. Valerian Ferreira, head - HR and admin, learning and development, Air India SATS Airport Services Pvt Ltd (AISATS) feels that although the aviation industry has

marginally higher than global and AP counterparts (11.20 per cent and 13.81 per cent respectively);
 Over 45 per cent of companies in India in-

form employees who have been identified as high-potential;

to their employees are actively en- promote international mobility; gaged with colleagues who are in different  48 per cent of employers in India feel countries as compared to 65 per cent of employemployees are ers globally; making greater use of social  The survey also finds that Indian companies are media and increasingly adopting workforce segmentation. collaboration tools. 85 per cent of companies in India
 74 per cent of the employers in India feel that have adopted formal ways of identifying top talent as compared to 72 per cent globally. Compa-

KEY FINDINGS:

 49 per cent of companies in India have developed special programmes

SAJID KHAN, South African Airways

RAJEEV WADHWA, Baron Luxury and Lifestyles Pvt. Ltd.

VALERIAN FERREIRA, AISATS

demonstrated some signs of improvement, it is too early to predict a complete recovery . Some players are still reporting losses and reduced earnings; and cost management continues to remain a high priority for most, he adds. However, air ticket prices have been rationalised and

the top three Indian operators will have positive balance sheets this year. A significant amount of infusion of cash by way of equity participation in this sector including big deals and strategic foreign airline participation indicate good times ahead, states Rajeev Wadhwa, chairman

nies are also increasingly segmenting their high-potential employees

and identifying employees with critical skills as a part of their talent management programmes;