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Last Updated : Jul 11, 2019 08:37 AM IST | Source: PTI

IT companies rescue job-scene, hiring rises 6% in June

Hiring activity in the IT-software industry clocked a growth of 26 percent, making it one of the fastest-growing industries. Besides IT-software other industries, the growth was helped by advertising and PR (14 percent), FMCG (8 percent) and media and dotcom (11 percent). Insurance also saw a growth of 17 percent.

Hiring activities registered 6 percent growth in June led by the IT-software industry, which clocked 26 percent growth.

The Naukri's job index for June stood at 2,172, up 6 percent compared to June 2018 when it was 2,047.

Hiring activity in the IT-software industry clocked a growth of 26 percent, making it one of the fastest-growing industries. Besides IT-software other industries, the growth was helped by advertising and PR (14 percent), FMCG (8 percent) and media and dotcom (11 percent). Insurance also saw a growth of 17 percent.

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However, auto and ancillary and banking dipped 18 percent and 11 percent, respectively.

Professionals in functional areas like HR, administration and sales or business development were in demand with a rise of 15 percent and 7 percent, respectively. But banking and BPO areas recorded a dip of 14 percent and 2 percent, respectively.

Demand for beginners with an experience of up to three years grew by 5 percent, whereas mid-level executives with an experience ranging from four to seven years grew 8 percent.

While recruitment activities for mid-management roles with 8-12 years of experience grew by 8 percent, senior management with 13-16 years of experience saw a rise of 2 percent. On the other hand, leadership roles with experience of over 16 years declined by 2 percent.
First Published on Jul 11, 2019 08:09 am
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