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“A new energized government, quick policy decisions and reforms are pushing up hiring across key sectors. eCommerce and startups continue to contribute significantly, to the growth of the job market in 2015. Innovation and technology interventions are creating opportunities that are set to boost employment by creating new and unique roles and jobs, in times ahead. In order to sustain double-digit job growth, investments in IT and manufacturing sectors will be needed to be stepped up.” Said Vivek Madhukar, COO, TimesJobs.com.
Key takeaways from RecruiteX
· IT/telecom sector reports a 19% rise
· IT professionals demand posts 17% growth month-on-month
· Demand is up for senior professionals by 14%
· Bengaluru leads demand. Chandigarh posts 17% rise in demand
Tech professionals in demand
The demand for IT professionals went up by 17% in January 2015. “The profile has been witnessing a steady increase in demand since June 2014, resulting in an average increase of 5 per cent in the last eight months (Jun 2014-Jan 2015). Logistics/supply chain management was the biggest gainer in January 2015. The profile reported a 24 per cent rise in demand; it witnessed an average 2% rise on year-on-year basis,” TimesJobs said in its press release. The release mentioned Business management/consultants/freelancers witnessed a 17% increase; Doctors/nurses/medical professional reported 26% increase in demand; and Accounting & finance and customer service/tele-calling witnessed 9% increase in demand.
Experience sought
The demand for experienced professionals also increased by 12%. The demand for candidates having more than 20 years of experience rose by 14%. The research states:
· Demand for 10-20 years of experience candidates increased by 11%
· Candidates with 5-10 years of experience witnessed 12% rise in demand
· Demand for candidates with less than two and 2-5 years of experience reported 8% rise in demand
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