Thousands of employees at now-shuttered Jet Airways might be staring at an uncertain future but other airlines will see “value” in hiring such experienced people even though they might end up getting relatively lower pay packets, according to HR experts.
Demand continues to outstrip talent supply in the Indian aviation sector, which is one of the fastest growing in the world.
Cash-starved Jet Airways, which has been flying for nearly 26 years, has around 23,000 employees, including contractual staff. It announced a temporary suspension of operations on April 17.
Experts observed that employees would have been under stress at the airline for a while, though quite a few would have been hopeful of a turnaround of the carrier. Under the current circumstances, they might have to either shift base to Tier-II or Tier-III cities or accept job offers having lower compensation, they opined.
Staffing firm TeamLease Services Co-Founder and Executive Vice President Rituparna Chakraborty said that the aviation sector in India has immense potential and if one goes by the current equation, the supply of ground staff, crew and pilots are still low in comparison to the demand that exists.
“In my mind, other airlines will definitely see value in hiring the experienced and highly well-trained staff that Jet has currently,” Chakraborty told PTI.
She also noted that there is a significant demand for core staff while non-specialised staff should look at an alternative industry for suitable functional roles.
The country’s oldest private carrier, Jet Airways has a substantial number of employees who have put in more than two decades at the airline.
Executive search company GlobalHunt’s Managing Director Sunil Goel said there has been a huge expansion in terms of new airports and connectivity in Tier-II and Tier-III cities through air transportation. So, there is a consistent demand for talent in the aviation sector, he added.