I'm on the hunt for you.

I'm on the hunt for you.

Current Trends Shaping the Russian Job Market: AI Integration and More

The job market in Russia is evolving, with some fascinating trends reshaping the landscape. Let's dive into the key factors shaping the employment scene, including the integration of artificial intelligence (AI).

Waking Up to the Power of AI

AI is becoming an integral part of the HR process, nationwide. As per Kirill Psheichnikh, Director of the "Office Professions" category at Avito Raboty, AI is making significant inroads into the hiring world.

• 33% of job seekers equipped with AI skills are amplifying their income through side jobs or additional projects, thanks to AI applications. On average, respondents reported a whopping 41% increase in their monthly earnings due to AI adoption.
• AI not only plays a crucial role in simplifying the job search process for 29% of job seekers, but it also helps optimize their resumes and create portfolios. Avito Raboty has even introduced a groundbreaking tool to enhance work experience descriptions in resumes using their AI model, making applications more competitive with a single click.
• The HRMOST chatbot is another AI-powered innovation that enables companies to snag suitable candidates swiftly and rehire former employees.

Beyond AI: What Job Seekers are Looking For

Compensation, flexible schedules, and stability are still the top priorities for job seekers. However, workplace conditions, attractive social packages, DMS, additional vacation days, and other perks have moved up the ranks. The growing interest in flexible schedule vacancies is a testament to this evolution. In Yekaterinburg alone, the number of such vacancies increased by a staggering 64%, while job seeker interest skyrocketed by 162%.

** HR as Marketing Teams**

Today's HR specialists function more like marketers, as they work to fill staff shortages by understanding job seeker expectations, meeting their needs, and showcasing competitive advantages in job postings and interviews.

Salary Insights Across Sectors

While average salaries for logistics professionals and those with less than 3 years of experience are comparable, entry-level engineers earn slightly more. However, as experience and position grow, so does the income. Real estate agents and sales managers make substantial averages, with bonuses and premiums influencing actual earnings.

The Map of Job Satisfaction

Surveys indicate that the Ural Federal District has a high level of job satisfaction, with 68% of respondents rating their careers 8-10 out of 10. Additionally, 73% of Ural residents reported an income increase over the past year. However, 14% are considering moving to higher-paying or more prestigious fields.

Retention Strategy: Employer's New Toolkit

To retain employees, employers are expanding social benefits, crafting special programs, offering flexible schedules, and providing favorable working conditions. Voluntary medical insurance (VMI) and training/retraining opportunities are common offerings in job listings.

Bridging Labor Gaps: Relocation and Rotational Hiring

Labor shortages are widespread, prompting employers to broaden their geographical horizons. Many job listings offer relocation with housing allowances, marking a shift in hiring strategies.

The Future Outlook: Prevalent Labor Shortages

The labor shortage issue is expected to persist until 2030 due to a demographic crisis, aging population, and migrant outflow. To offset this, companies will need to adopt innovative strategies to attract potential employees.

As for the global impact of AI on the job market, it's reshaping hiring processes, automating routine tasks, and creating new job opportunities in AI-related fields. While these insights offer a glimpse of the global trends, the significance and specifics of AI's impact on the Russian job market would require more localized data. Keep yourself updated as we continue to navigate these transformative times!

1. The integration of artificial intelligence (AI) in the HR process is driving a shift in careers, allowing job seekers equipped with AI skills to amplify their income through side jobs or additional projects, on average reporting a 41% increase in their monthly earnings due to AI adoption.
2. Beyond the integration of AI, job seekers prioritize compensation, flexible schedules, and stability, but workplace conditions, attractive social packages, DMS, additional vacation days, and other perks have moved up the ranks, reflecting an interest in flexible schedule vacancies, especially in Yekaterinburg where their number increased by 64%.

Read also: