News: Online Hiring Activity Grew 7% Y-o-Y in March 2019

Compensation & Benefits

Online Hiring Activity Grew 7% Y-o-Y in March 2019

The index continued its growth trajectory for the third successive month after posting growth in January 2019 and February 2019 as well.
Online Hiring Activity Grew 7% Y-o-Y in March 2019

The TimesJobs RecruiteX’s talent demand index indicated a 7% growth in Y-o-Y analysis in March 2019. The index continued its growth trajectory for the third successive month after posting growth in January 2019 and February 2019 as well. 

In the month-on-month analysis, the demand index posted a 3% growth in March 2019 over February 2019. BPO, IT/Telecom and Healthcare sector were on a hiring spree during the first three months of 2019. 

Commenting on the findings of RecruiteX March 2019 edition, Ramathreya Krishnamurthi, Business Head, TimesJobs and TechGig said, “In March 2019, IT/Telecom sector registered 9% growth in comparison to February 2019. This was the highest growth for any industrial sector in the review month. In fact, IT/Telecom and BPO sectors have been in the recruiting mode for quite some time now. An analysis of hiring at India Inc. in 2018 - done by RecruiteX - also pointed out that these sectors were hiring significantly. For now, these are the sector to look out for.”

Hyderabad, Chennai, and Bengaluru were the top three cities had the highest growth for talent demand in their survey. 

 

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Topics: Compensation & Benefits, #Hiring

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