Hiring activity for Feb-12 is 8% higher than Jan-12 and 15% higher than Feb-11
- Barring Telecom and Oil & Gas, all sectors witnessed positive hiring activity in Feb-12 when compared to the previous month
- Positive hiring activity was witnessed across all cities in Feb-12 when compared to Jan-12
Hitesh Oberoi, MD and CEO, Info Edge India said "A look at the job indices for the last few months shows high volatility with the index swinging between highs and lows every successive month. The index for February should be seen in that light. One interpretation is of cautious optimism and a case for selective hiring"
Industry Sector Analysis:
An in-depth analysis of the indices shows that all the top
industry sectors registered positive monthly growth in Feb-12
as compared to Jan-12. Construction, Banking and IT sectors
witnessed maximum movement in the employment front with the
index moving up by 13%, 12% and 7% respectively in Feb-12
when compared to the previous month. Auto and BPO sector saw
4% and 3% upward movement in hiring activity when compared to
Jan-12. Oil and Gas sector saw a 2% dip in hiring activity
while Telecom and Capital goods sector witnessed steady
hiring levels when compared to Jan-12.
Functional Area Analysis:
The hottest skill sets for the month of Feb-12 were
professionals in Sales, Accounts and HR where the index moved
up by 11%, 9% and 8% respectively as compared to the last
month. The demand for professionals in Software services
moved up by 6% in Feb-12 over Jan-12, while the demand for
professionals in BPO services and Marketing remained steady.
City Wise Analysis:
Bangalore and Chennai maintained strong hiring trends with
the index moving up by 10% and 12% in Feb-12 as compared to
the previous month. Pune and Hyderabad have also been upbeat
about hiring with the index moving up by 9% and 8%
respectively in Feb-12 over Jan-12. Delhi maintained steady
hiring levels while both Mumbai and Kolkata saw the index
moving up by 5% respectively in Feb-12 over Jan-12.
Overall, the index seems to be showing a month on month increase indicating a positive hiring sentiment across most markets and industry sectors for the coming months.
About Naukri.com
Naukri.com, India's No. 1 job site and the flagship brand of
Info Edge revolutionized the concept of recruitment in India.
Since its inception in 1997, Naukri.com has seen continued
growth while outperforming its competitors in every sphere.
Info Edge is the first internet Company to be listed in
India.
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, and Response Management tools and its services include Job Postings, and recruiter branding solutions on the site. With 200000 jobs live at any point, Naukri.com serviced over 42000 corporate clients in 2010-2011.
The company has over 2000+ people operating through 49 offices in 32 cities in India and overseas offices in Dubai, Abu Dhabi, Riyadh and Bahrain.