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

Did you find this story helpful?



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

On News Stands Now

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.

And Save 59%

Subscribe now