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Blame It On COVID-19: How Fear of Job Losses, Pay Cuts Adding To Anxiety Syndrome

With opportunities shrinking given economic conditions, 90 per cent calls from recruiters are engaging in only exploration conversation

It바카라™s something professional 바카라˜headhunter바카라™ Kamal Karanth wasn바카라™t prepared for. Interestingly, in the last three weeks, he has noticed that the number of technology folk exploring new jobs has increased. 바카라œNinety per cent of people who are getting calls from recruiters today are eng­aging in an exploration conversation,바카라 says Karanth, co-f­o­under, Xpheno. In the past, only about half of those who got a call would be interested. He바카라™s not sure why but reckons it바카라™s a mix of two scenarios바카라”either that some people are bored, confined to homes, and so wouldn바카라™t say no to a conversation, or that some are anxious about job losses and pay-cuts and want to explore options. Of course, the job market is just a fraction of what it normally is, given the economic situation worldwide.

Some companies, he says, are using this time to build a pipeline. A Bangalore-based IT executive who says his firm has been on-boarding people 바카라˜virtually바카라™, even if some will only start work much later, concurs. But he also gets anxious calls from those who haven바카라™t got an offer yet.

Kerala-based psychiatrist Arun B. Nair says he has rec바카라”eived a few calls on a helpline from people with job insecurities. 바카라œMany people are trying to make their positions safe by exploring other options, by having a Plan B. The same goes for people with small businesses,바카라 he says. Typically, the counselling approach he has taken is to give them a wider perspective of what바카라™s happening globally. Even students of professional courses, especially medicine, have called on the helplines, worried about their education loans, he says. 바카라œConsidering the nature of the pandemic, they fear that it would go on for a long period,바카라 says Nair. 바카라œWe give them infor­mation regarding the moratorium (on loan EMIs) and fin­ancial package the government has ann바카라”ounced. Typically, with factual information, they understand that it바카라™s not an isolated problem affecting them alone.바카라

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