According to Naukri.com’s Job Speak Index, an indicator of job listings on the portal, hiring activity in the Telecom sector has grown by 30% year-on-year (YoY) by September 2015. The overall hiring activity on the portal grew by 18% YoY.
On a month-on-month (MoM) basis, the Job Speak Index for the telecom sector increased from 897 to 993 in September, while overall hiring was up from 1665 to 1796 in the same period. Note that the index uses the total number of jobs posted in July 2008 scaled to 1000 as a base, and was realigned last December, to take into account the jobs added by the telesales team. Although the tele-calling data is a relatively small, according to Naukri, the addition of the same to the index gives a more holistic picture of the Indian job market.
Sector wise: According to the report, the Telecom sector saw the highest growth in hiring activity YoY at 30%, while media, internet-related and entertainment jobs saw a growth of 28%. BPO and IT related jobs also saw an increase in demand with 27% and 24% growth in hiring activity respectively. Auto and banking also saw a growth in hiring activity at 20% and 11% respectively, while hiring in the oil and gas industry declined by 18% in the same period.
City wise: All metro cities, registered a growth in hiring activity, with the maximum growth recorded in Delhi and Hyderabad at 29% and 25% respectively. Kolkata, Mumbai and Chennai saw a significant growth in hiring as well at 22%, 19% and 18% respectively. Pune and and Bangalore also saw a growth in hiring, although to a lesser extent, with 14% and 13% respectively.
Increasing demand for ITES, marketing and IT sectors: According to the index data, the demand for professionals in these three sectors grew by 28%, 27% and 27% respectively. Media, HR and sales professionals also saw an increase in demand at 26%, 24% and 19% respectively. Demand for professionals in finance also increased by 14%, while the demand for professionals in banking increased marginally by 8%.
Experience: 38% of the jobs on offer were for people with 4-7 years of experience, and 32% for people with less than 3 years of experience. Jobs for people with with 8-12 years of experience made up 21% of the share, while only 6% of the jobs on offer were for an experience level of 13-16 years. The left over 3% of the jobs market was for people with over 16 years of experience. According to Naukri, hiring activity across all experience levels grew marginally YoY in July 2015
Image source: Flickr user Got Credit