News: Hiring trends in HR& Admin sees 13% rise- Report

#Hiring

Hiring trends in HR& Admin sees 13% rise- Report

Recruitment for functional areas like HR and Marketing observed a growth of 13% & 12% respectively. Bangalore & Chennai saw positive growth in hiring and clocked in 18% and 13% respectively.
Hiring trends in HR& Admin sees 13% rise- Report

The Naukri JobSpeak Index for March 2019, at (2,378), marked a 12% rise in hiring activity from March 2018 (2,129).  

The IT- industry has shown continuous growth in the recruitment landscape over the past six months. Continuing with the trend, the industry in March 2019 recorded a notable rise of 38% growth. Recruitment for functional areas like HR and Marketing observed a growth of 13% & 12% respectively. Bangalore & Chennai saw positive growth in hiring and clocked in 18% and 13% respectively.

Commenting on the report, Sumeet Singh, CMO, InfoEdge India Ltd. said, “The JobSpeak index continues with its positive growth in hiring with a 12% rise when compared to the same period last year. Our latest Hiring outlook survey showed 89% recruiters from the IT industry stating that new jobs and replacement hiring will play a strong role in hiring. Hopefully, the momentum will be sustained in the coming months.”

Hiring Trends - Industry 

The industries in March 2019 which saw growth in recruitment activity were - Construction/Engineering (13%), BPO/ITES (9%), Insurance (6%), FMCG (5%), Education (7%) and IT – Hardware (3%). Since the beginning of the year, IT Software has been on a hiring spree. On the other hand, industries such as Auto Ancillary and Banking & Financial services saw a dip of 8% and 15% in hiring respectively

Hiring Trends – Functional Area 

Recruitment activity for IT - Software continued to grow, clocking in 30% rise year-on-year. Other functional areas such as Sales & BD, ITES/BPO and IT – Hardware, and Site Engineering recorded a rise of 5%, 9%, 5% and 2% respectively for March 2019 viz-a-viz March 2018.

Hiring Trends - Experience

Demand for mid-level executives, in the experience band of 4-7 years grew by 14% whereas recruitment for entry-level jobs, with an experience band of 0-3 years, witnessed a rise of 12%. Recruitment activity for mid-management roles with 8-12 years of experience grew by 9%, while senior management roles with 13-16 years of experience recorded a 5% rise in hiring. Moreover, hiring for leadership roles with experience band of 16+ years remained flat. 

Topics: Hiring, Learning & Development

Did you find this story helpful?

Author


QUICK POLL

Is technology the answer to new-age talent acquisition challenges?

On News Stands Now
q_auto,f_auto/v1560247231/mag-june-2019.png

Subscribe now to the All New People Matters in both Print and Digital for 3 years.

In the next three years, 120 million jobs in the world’s 10 largest economies will need retraining or re-skilling. To adapt to this new environment and help shape it, employees need to embrace continuous learning. Amid these changes, HR needs to not think, act, or be like traditional HR; they need to understand their job is now “human transformation”. In this issue, we will focus on what HR leaders and organizations need to consider today to prepare for tomorrow.

Subscribe
And Save 59%

Subscribe now