Increased hiring activity at India Inc., in August 2018

The hiring sentiments gained momentum for freshers, posting a demand of 15% during the month. Professionals with experience of 10-20 years were also in demand. 

Hiring activities at India Inc. continued an upswing after July 2018. As per monthly report from Timesjobs, August 2018 reported an overall 4% growth on month-on-month analysis of recruitment activities.

  • Hiring Grew by 33 Percent From August 2017 to 2018 Y-O-Y
  • Consumer Durables Bounce Back After 3 Months
  • India Inc. continued to hire aggressively in August 2018.

Industry that showed growth in hiring trends:

  • Consumer Durables created most jobs in the said month, followed by BFSI and BPO sectors. The Consumer Durables sector saw a year-on-year growth of 27% from August 2017 to August 2018, thus indicating significant job creation over the year. 
  • BFSI and BPO sectors grabbed the second and third position. Healthcare, IT/Telecom, Retail and Automobiles were other prominent sectors, generating jobs at India Inc. during the review period.

Jobs that showed increased hiring’s:

  • Talent demand for Sales/Business Development professionals increased by 8% as compared to July 2018, recording an overall 18% growth during the month.
  • The demand for Customer Services/Tele-Calling professionals maintained its third position from July 2018 among the top hiring profiles.

Among key locations, Delhi-NCR (10%) and Bengaluru (5%) witnessed maximum talent demand. Pune too matched up with Bengaluru, posting a 5% hiring demand. In August 2018, job creation in Jaipur was up by 4% as compared to July 2018.
 
The hiring sentiments gained momentum for freshers, posting a demand of 15% during the month. Professionals with experience of 10-20 years were also in demand. 
 

Source: RecruiteX – a monthly report on hiring trends by TimesJobs.

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