IT-Telecom sector shines again
The index recorded a 14 per cent increase in September 2014 over August 2014. From January 2014 to September 2014 period, there has been a 21 per cent increase in demand for IT/Telecom professionals, shows The TimesJobs RecruiteX Index. This is
also clearly an exciting time for IT professionals in India Inc.
The hiring pattern is strong across all levels in the IT/Telecom industry. The time is best for senior IT professionals to look for a job. Job opportunities have doubled for senior IT professionals with over 20 year's experience, with a 67 per cent increase from January 2014 to September 2014 period. IT professionals with 10-15 years experience reported a 20 per cent increase during the same period.
As per TimesJobs.com data, software engineers, application programmers, database administrators (DBA), graphic designers/animators/web designers and project leaders/project managers are the hottest jobs in the IT industry, currently.
Jobs galore across industries
The good news is that the abundance in jobs is not limited to the IT/Telecom industry only. The ITeS/BPO industry has also reported an 18 per cent increase in job postings in September 2014.
Hiring in high-volume sectors such as BFSI, retail, healthcare/pharmaceutical/biotechnology is on a revival mode. Post the announcement of Prime Minister Modi's 'Make in India' campaign, hiring has stabilised in manufacturing driven sectors such as manufacturing/engineering, automobiles/auto components, consumer durables/FMCG and projects/infrastructure in September 2014 over August 2014.
According to TimesJobs.com RecruiteX, employers are actively looking for Research and Development professionals as they witnessed a 27 per cent growth in jobs in September 2014. A strong demand pattern is also observed for HR/Training and Administrative profiles. Customer-centric profiles such as customer/service and marketing & advertising are also in demand.
Delhi Tops Recruitment Charts
Among the top metros, Delhi NCR is leading the recruitment charts with a 21 per cent increase in job postings followed by Bangalore. In tier I locations, Hyderabad reported a double-digit growth in demand.
Mid-level hiring, professionals with 5-10 years experience, was upbeat in September 2014. The demand for over 20 years experience and 2-5 years experience reported a 10 and 12 per cent growth, respectively.
“Considering the current pattern, it seems the Indian job market will stabilise in the coming months as the major sectors are on a revival mode and hiring activity picks up across core and support functions.” says Vivek Madhukar, COO, TimesJobs.com