A latest report by Indeed revealed that recruiters are increasingly focusing on soft skills and technical skills for BFSI hiring. Defying traditional expectations, the BFSI sector is now prioritizing soft skills alongside technical proficiencies.
The most in-demand soft skills include — communication skills (27 per cent), english proficiency (10 per cent) and analytical skills (8 per cent).
In the BFSI sector, the analysis of job postings reveals a strong demand for specific skills among professionals. Communication skills are highly valued, with 27 per cent of postings highlighting their importance, reflecting the sector’s focus on customer-centric services and the need for clear communication of complex financial information, said the report.
English proficiency is also crucial, noted in 10 per cent of the postings, emphasizing the global nature of business today.
Additionally, 8 per cent of postings seek analytical skills, pointing to the industry’s reliance on data-driven decision-making and the use of advanced analytical tools. This data underscores the evolving skill set required in the BFSI sector to meet contemporary challenges, the report added.
While soft skills are gaining prominence, technical proficiencies remain vital for BFSI professionals.
The most sought after technical skills include — Accounting (12 per cent), Microsoft Excel (9 per cent), Microsoft Office (9 per cent), SAP (7 per cent), Sales (5 per cent), Microsoft PowerPoint (5 per cent) and Agile Methodologies (4.5 per cent).
The industry is seeking professionals with an integration of both soft and technical skills, individuals who can position themselves as highly sought-after assets, capable of driving organizational success.
The report further highlighted that to attract and retain top talent, the BFSI sector is offering a wide range of benefits, including health insurance, provident funds, cell phone reimbursement, paid time off, work-from-home options, and commuter assistance.
These benefits reflect a commitment to employee well-being, financial security, and work-life balance. However, for job seekers, understanding the benefits landscape is critical in making informed career decisions.
