Hiring activities in sectors such as banking, financial services, insurance, IT and telecom have seen a consistent upward trends, succoured by Government’s initiatives like Digital India and Smart Cities, says a survey. As per TimesJobs.Com RecruiteX, hiring activity in the IT and telecom sectors has been rising steadily and in November it clocked a 17% rise in demand for talent.
The BFSI sector has also registered a 9% growth in hiring between November 2014 and 2015 while consulting services sector posted a 4% rise. “With digitisation and more policy reforms on the cards, this growth trend is expected to continue into next year. However, the sector is expected to be cautious of mass hiring in fiscal 2016, and would be largely taking stock and focusing hiring needs on niche roles,” TimesJobs.Com COO Vivek Madhukar said.
The report noted that in November, demand for experienced professionals grew significantly. Candidates with over 2-5 years and 5-10 years of experience saw a 18% and 13% respective rise in recruitment activity in November.