IT-software industry rescue job-scene, hiring rises 6% in June; dip in opportunities in auto ancillary, banking sector

Hiring activity in the IT-software industry clocked a growth of 26 percent, making it one of the fastest-growing industries.

Press Trust of India July 11, 2019 08:06:23 IST
IT-software industry rescue job-scene, hiring rises 6% in June; dip in opportunities in auto ancillary,  banking sector
  • Hiring activity in the IT-software industry clocked a growth of 26 percent, making it one of the fastest-growing industries.

  • Professionals in functional areas like HR, administration and sales or business development were in demand

  • Demand for beginners with an experience of up to three years grew by 5 percent

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

ITsoftware industry rescue jobscene hiring rises 6 in June dip in opportunities in auto ancillary  banking sector

Representational image. Reuters

Hiring activity in the IT-software industry clocked a growth of 26 percent, making it one of the fastest-growing industries. Besides IT-software other industries, the growth was helped by advertising and PR (14 percent), FMCG (8 percent) and media and dotcom (11 percent). Insurance also saw a growth of 17 percent. However, auto and ancillary and banking dipped 18percent and 11 percent, respectively.

Professionals in functional areas like HR, administration and sales or business development were in demand with a rise of 15 percent and 7 percent, respectively. But banking and BPO areas recorded a dip of 14 percent and 2 percent, respectively.

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

Updated Date:

also read

Bank Holidays in May: Banks to remain shut for 3 days in a row, check details here
India

Bank Holidays in May: Banks to remain shut for 3 days in a row, check details here

Banks are generally shut on all Sundays of every month, while they are operational on the first and third Saturdays of a month, second and fourth Saturdays are holidays for bank employees

RBI rejects 6 applications for setting up banks
Business

RBI rejects 6 applications for setting up banks

The RBI in a statement said the examination of six applications has now been completed as per the procedure laid down under the guidelines

Delhi Police Head Constable Recruitment 2022: SSC invites applications at ssc.nic.in
Education

Delhi Police Head Constable Recruitment 2022: SSC invites applications at ssc.nic.in

As per the official notice, the computer-based examination is scheduled to be held in September 2022. It would be conducted in languages including English and Hindi only.