Survey reveals 7% expected rise in hiring next year; IT and manufacturing to lead talent demand

The coming year is expected to bring good news for job seekers, because as per the results of the TimesJobs Job Outlook Survey 2016, the hiring activity is all set to be increased by a considerable 7% across sectors.

The survey was done over 1,614 employers across India, and nearly 60% of the surveyed organizations reported positive hiring approach.
According to the survey results, IT, telecom and manufacturing sectors will be the biggest employment generators in the coming years. Also, 25% organizations surveyed predicted that IT and telecom will hire the maximum number of people, while 20% said that manufacturing will be the top employment generator. 17% organizations voted for infrastructure, while 15% voted for healthcare.

"With the government’s Digital India and Make in India push, manpower demand is bound to increase in core technology and manufacturing sectors in 2016,” says Vivek Madhukar, COO, TimesJobs.com. He also added that even though big enterprises are expected to rule the hiring scene in the coming year, the contribution of startups in creating new jobs can’t be overlooked.

“Though 66% of the major corporates surveyed deny any sort of competition from startups in our survey, one cannot overrule the fact that e-commerce and startups will add a significant number of jobs next year. In addition, the focus of organizations on business expansion, selling and branding will fuel the demand for sales, business development and marketing professionals in 2016.” says Madhukar.

According to 26% of the companies which were studied for the survey, sales & business development professionals will be the most sought-after, and that companies would also offer premiums for proven performances. Another 25% organizations predicted that there will be an increased demand for marketing professionals, and that digital marketing would command a higher premium. 20% organizations still think that IT professionals should remain the focus area, and can expect to see the maximum demand.

Most companies plan to hire for their middle-level. Professionals with 2-5 years of experience will see the maximum demand from across sectors, according to almost 68% of the surveyed organizations.

In a continued effort for gender diversity, nearly 57% of the organizations surveyed said that they are focused on increasing the strength of their women workforce in 2016.

Also, almost 60% organizations said that women professionals will be hired at middle-level positions, while 32% said their hiring will be at entry level. 8% of these surveyed organizations will recruit women professionals in C-suite roles in 2016.

Talking of the location where most jobs would be offered, metros will continue to be the job hubs of 2016, along with tier I locations and state capitals.

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