Economy

IT companies rescue job-scene, hiring rises 6% in June

PTI Mumbai | Updated on July 11, 2019 Published on July 11, 2019

The Naukri’s job index for June stood at 2,172, up 6 per cent.   -  Getty Images/iStockphoto

Hiring activity in the IT-software industry clocked a growth of 26 per cent

Hiring activities registered 6 per cent growth in June led by the IT-software industry, which clocked 26 per cent growth. The Naukri’s job index for June stood at 2,172, up 6 per cent compared to June 2018 when it was 2,047.

Hiring activity in the IT-software industry clocked a growth of 26 per cent, making it one of the fastest-growing industries. Besides IT-software other industries, the growth was helped by advertising and PR (14 per cent), FMCG (8 per cent) and media and dotcom (11 per cent). Insurance also saw a growth of 17 per cent.

However, auto and ancillary and banking dipped 18 per cent and 11 per cent, respectively. Professionals in functional areas like HR, administration and sales or business development were in demand with a rise of 15 per cent and 7 per cent, respectively. But banking and BPO areas recorded a dip of 14 per cent and 2 per cent, respectively.

Demand for beginners with an experience of up to three years grew by 5 per cent, whereas mid-level executives with an experience ranging from four to seven years grew 8 per cent. While recruitment activities for mid-management roles with 8-12 years of experience grew by 8 per cent, senior management with 13-16 years of experience saw a rise of 2 per cent. On the other hand, leadership roles with experience of over 16 years declined by 2 per cent.

Published on July 11, 2019
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.