Hiring in IT sector up by 8% in September 2017

Hiring in IT sector up by 8% in September 2017

Amid the reports of mass layoffs, it’s exciting to see the growth in recruitment index for the IT sector. There is no doubt that volume of jobs has been impacted by automation, however, new jobs are also being created and some are also getting refurbished for which the larger focus is on re-skilling. The industry focus for fresh hires is mostly on niche skills around new digital tools and services, said Ramathreya Krishnamurthi, Business Head, TimesJobs.

In a buoyant employment market IT/telecom and healthcare emerged as top hiring sectors with 3% rise in each for September 2017, says the latest RecruiteX report by TimesJobs.

Key highlights of the report are:

 • Top hiring sectors : IT/telecom, Healthcare, Travel & hospitality

 • Top hiring locations : Hyderabad, Bengaluru, Chennai

 • Top hiring profiles : Doctors, medical professionals, Hospitality, Human resources

Industry-wise analysis:

Demand grew most in IT/telecom : In case of IT sector, software engineers, sales & business development and HR professionals were most in demand profiles. The temp and flexi-hiring in IT has seen growth, thus pushing up the overall demand index of the sector.

Besides, the TimesJobs RecruiteX recorded a Y-o-Y increase of 8% in the healthcare sector.

“Amid the reports of mass layoffs, it’s exciting to see the growth in recruitment index for the IT sector. There is no doubt that volume of jobs has been impacted by automation, however, new jobs are also being created and some are also getting refurbished for which the larger focus is on re-skilling. The industry focus for fresh hires is mostly on niche skills around new digital tools and services,” said Ramathreya Krishnamurthi, Business Head, TimesJobs.

Location-wise analysis: Hyderabad top the charts : Among key locations, Hyderabad posted the highest rise of 13% in talent demand, as per the latest RecruiteX report. Within top metros Bengaluru witnessed a rise of 6% in hiring activity followed by 5% rise in Chennai. In Y-o-Y analysis, Ahmedabad posted 9% rise in talent demand. Amongst states, RecruiteX recorded a growth of over 30% in Arunachal Pradesh and 19% in Andhra Pradesh, while hiring dropped by 9% in Gujarat and 7% in Maharashtra, in September 2017.

Functional area analysis: Doctors lead talent demand : Demand for doctors and medical professionals grew by over 30% in September 2017, followed by hospitality and HR professionals with 16% rise in demand. Witnessing a positive shift, the index for the sales and business development professionals moved up by 3%, post a three-month dull hiring period.

Experience-wise analysis: Rise in demand for senior professionals : Senior management hiring grew the most, with jobs for over 10 years of experience witnessing an average rise of 3% in September 2017 when compared with August 2017. In Y-o-Y analysis the hiring for 10-20 years of experience bracket rose by 10% and for over 20 years of experience the demand increase was 4% for the September 2016-September 2017 period.

Click Here to Download the Complete Report – http://bit.ly/2fR1U8h

About TimesJobs:

TimesJobs, a flagship business of Times Business Solutions (TBS), is a platform to help competent professionals make smarter career decisions. With over 25 million registered jobseekers across the board and more than 60 million page views every month, it is fast becoming the most preferred career portal among the candidates.

TimesJobs is leading in the recruitment and employment space with its pioneering and dynamic divisions because it successfully meets all the needs of the jobseekers. Its major platforms include:

TechGig: India’s biggest dais for tech professionals to help them Learn, Showcase & Compete in the IT industry.

JobBuzz: A well-known portal that provides information & insights about different companies, job profiles and interview processes.

StepAhead: StepAhead offers Professional Resume writing and distribution services, career astrology, resume improvement to help jobseekers accelerate their career.

Also, TimesJobs has the largest collection of jobs in the market, which ensures that whenever and wherever there is a great opportunity, jobseekers will discover it on the platform.

In the recruitment market, as well, being the biggest platform for competent professionals who think of their careers first, TimesJobs has become the destination of choice for recruiters who seek to engage with the right talent.

Media Contact
Company Name: TimesJobs
Contact Person: Neha Singh Verma
Email: [email protected]
Country: India
Website: http://www.timesjobs.com/

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