Source | The Economic Times
NEW DELHI: Talent demand was upbeat across all the experienced categories of professionals, witnessing growth rates ranging from 7-15%, with the biggest demand growth seen for highly experienced professionals, reports the latest RecruiteX – the recruitment index by TimesJobs.com.
“Mid-year is the time when a lot of expansions and acquisitions take place, so experienced professionals are needed to manage processes and take key decisions involved in these businesses. Startups and new businesses are also able to leverage the considerable knowledge and strong business networks that these professionals have developed over the years.” says Nilanjan Roy, head of strategy, Times Business Solutions.
Professionals with over 20 years of experience posted a rise of 15% in demand in June 2016. The category had reported a moderate 1% rise in demand in the last 6 months. In addition, candidates with over 10-20 years of experience witnessed 11% rise in demand, candidates with 5-10 years saw a 14% rise in demand, and candidates with 2-5 years of experience saw 7% rise in demand.
However, the less than 2 years experience level was the only category to post a drop (4%) in demand during June 2016.
Having access to TimesJobs data, generated from the largest collection of jobs in India – RecruiteX is able to provide realistic and reliable snapshots of the state of demand for talent in India Inc. RecruiteX decodes this data into hiring trends by evaluating the demand for talent across industries, experience, functions and locations in the country. Here are the other key takeaways from the latest report:
Hiring up across major employment hubs Talent demand grew by 14% in both Bengaluru and Pune. Chennai saw 11% rise in hiring, Delhi saw 5% rise and Mumbai posted 3% rise in talent demand in June 2016. Incidentally, Maharashtra, without including Mumbai and Pune, was the best performing state with an average 5% rise in demand during June 2016. Jaipur saw 13% rise in talent demand Ahmedabad and Indore both witnessed 8% rise in demand. Chandigarh also posted 2% rise in talent demand.
Demand for business management and consultants Business management and consultants reported a significant 21% rise in demand this month. This is the first time since January 2016 that this profile has posted a significant rise.