News: Small cities, towns emerge as big hiring zones


Small cities, towns emerge as big hiring zones

As Tier II and III cities gain ground given their cost effectiveness and lower attrition rates, a survey conducted by recruitment tendering platform states that these towns are emerging as the new big hiring zones for many sectors, especially engineering and manufacturing.
The survey further states that hiring activities grew by 27 percent in Tier-II cities such as Pune and Hyderabad during the January-June period of the 2011 as compared to the year-ago period. Also 16 percent growth in recruitment was witnessed in Tier-III cities like Jaipur, Ghaziabad and Kochi during the first half of the 2011 from the year-ago period. In terms of sectoral analysis, the manufacturing and engineering space accounted for 31 percent of the total hiring from Tier II and III cities, followed by retail (23 percent); insurance, banking and other financial services (19 percent); FMCG (19 percent); IT and ITeS (17 percent); telecom (11 percent) and infrastructure (9 percent).

Topics: #Updates, #Jobs, Talent Acquisition

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