Source Name: Naukri.com

Hiring Activity Sees 18% Growth in August’14 Over August’13: Naukri Job Speak Index

Telecom sector sees maximum growth in August’14 over August’13

Sep 22, 2014   13:55 PM 
New Delhi, Delhi, India

The Naukri Job Speak Index for the month of August 2014 was at 1478 indicating an 18% growth in hiring when compared to August 2013. Industry wise hiring sentiment was exuberant with sectors like Telecom and BPO sector has seen an increase of 36% and 26% respectively in August’14 as compared to August’13. Among the top metros Delhi-NCR region has seen the maximum growth with the index moving up by 24% in the same period.

 

Sumeet Singh, Senior VP Marketing Corporate communications and Strategic Alliances Info Edge (India) Ltd said “Hiring activity has seen a growth in the past six months with the Naukri Job Speak Index showing consistent levels of growth especially in sectors like IT and BPO. We expect hiring activity to sustain its momentum in the coming months”.

 

Industry Sector Analysis:

An in depth analysis reveals that apart from the Telecom and BPO sector, IT and Banking sector have seen growth with the index moving up by 24% and 26% in August’14 over August’13. Auto and Pharma sector have also experienced growth with the index going up by 13% each in the same period.

 

Other sectors like Insurance and Construction have seen a single digit growth with the index moving up by 8% and 4% respectively in August’14 over August’13.

 

Functional Area Analysis:

The demand for professionals working in BPO saw the maximum growth with the index moving up by 29% in August’14 over August’13. Professionals employed in IT and HR sector also saw a spike with the Naukri Job Speak Index moving up by 24% and 27% respectively in August’14 over August’13. Other areas like Supply Chain and Engineering design have seen an increase of 22% and 20% each in this time period.

 

Professionals employed in Banking & Insurance and Production maintenance have seen an increase of 19% and 13% respectively in August’14 over August’13.

 

City Wise Analysis:

Amongst metros, Delhi-NCR region saw the maximum growth in hiring in August’14 over August’13. It was followed by Bangalore, Chennai and Kolkata which have seen an increase of 22% respectively in the same time period. Cities like Pune and Hyderabad have also seen a growth of 20% and 17% in August’14 over August’13.

 

Mumbai has seen the least increase in hiring in the previous month with the index moving up by 11% in August’14 over August’13.

 

About Naukri.com:

Naukri.com, India’s No. 1 job site and the flagship brand of Info Edge introduced the concept of e-recruitment in India. Since its inception in 1997, Naukri.com has seen continuous growth while outperforming its competitors in every sphere. Info Edge was the first internet Company to be listed in India. The site enjoys a traffic share of 69% as per Comscore. Naukri.com is a recruitment platform that provides hiring-related services to corporates/ recruiters, placement agencies and to job seekers in India and overseas. It offers multiple products like Resume Database Access, listings and Response Management Tools. With more than 1,25,000 jobs live at any point and over 38 million CV’s, Naukri.com serviced over 48000 corporate clients in 2013-2014. The company employs over 3100 people operating through 56 offices in 42 cities in India and overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain.

 

For more details please contact

 

Geetu Batra

+91-9873458682

Geetu.Batra@naukri.com