Hiring Records 14% Growth in September - TimesJobs' RecruiteX Reports

NEW DELHI, October 13, 2014 /PRNewswire/ --

From January 2014 to September 2014 Period, There has Been a 21 Per Cent Increase in Demand for IT/Telecom Professionals, Reports TimesJobs.com 

The Indian job market is touching new highs with the IT/Telecom industry writing its strongest growth story with a 20 per cent increase in jobs in just one month, reports RecruiteX, the Jobs Index by TimesJobs.com. 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.

Demand doubled for Senior IT professionals  

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 years 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 and 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

For more from TJinsite, please visit - http://content.timesjobs.com/.

About TimesJobs.com 

TimesJobs.com, a key job portal of India, is one of the best-selling online ventures of the Times of India Group. Conceived and launched in 2004, TimesJobs.com currently has a candidate database of more than 20 million registered job-seekers across levels and functions who clock-in over 40 million page views a month.

TimesJobs.com is positioning itself as a knowledge resource and go-to-site for insights, information, analysis and opinions on the recruitment market. As part of our endeavor, we have launched RecruiteX and TJ insite - two knowledge sub-brands. RecruiteX is the index (and analysis) for demand and supply of manpower and TJinsite is the research based knowledge.

Well-known for its product innovations and unmatched deliverables, TimesJobs.com has also pioneered the concepts of the RecruiteX, TJinsite, TechGig.com, Step Ahead, JobBuzz and a lot more.

TimesJobs.com serves a corporate customer base of more than 25,000 clients from across the globe. It has been serving clients like HCL, IBM, Yamaha, Godrej, HSBC, Mahindra, Bajaj Allianz, TCS, and Thomson Reuters to name a few.

Media Contact: Aseem Seth, [email protected], 91-120-6636338, 91-9910273367, Head of Corporate Communications, Times Business Solutions Limited