Hiring up 12% in Feb; Demand Highest in IT/Telecom: TimesJobs RecruiteX

NEW DELHI, March 10, 2015 /PRNewswire/ --

Online Hiring Registered an Increase of 12 Percent on Higher Demand for Professionals During February Over the Year-ago Period, Says the Report From TimesJobs  

According to the job portal TimesJobs.com's job index RecruiteX, the demand for professionals in the IT/telecom sector was the largest which clocked a 22 perent increase in talent.

The IT/telecom sector was the top employment generator in January 2015 as well. Between Jan-Feb 2015, hiring in the sector registered an average increase of 7 percent in demand.

Sector wise, consulting services and automobile sectors saw 19 and 18 percent growth in demand in February 2015, while the construction sector posted a 16 percent rise in demand. Demand in entertainment/media and projects/infrastructure sectors grew by 11 percent, whereas petrochemical and manufacturing sectors posted 8 percent increase.

Among the metros, Delhi-NCR and Chennai saw 19 percent rise in demand year-on-year (y-o-y), according to the report. Hyderabad posted the highest uptake in demand at 36 percent y-o-y. Among Tier II and III cities, Indore registered 13 percent rise in demand and among the states, demand in Karnataka (except Bengaluru) saw 31 percent increase.

Demand for engineers grew by 26 percent y-o-y, reporting an average 6 percent rise since the beginning of 2015 (between Jan-Feb 2015).

The report further said the demand index for senior professionals with over 20 years of experience posted 25 percent increase y-o-y. Candidates with 10-20 years of experience witnessed 16 percent rise in demand, as per the TimesJobs.Com data.

Demand for candidates with 5-10 years of experience went up by 6 percent y-o-y, while candidates with 10-20 years of experience reported 2 percent rise in February 2015.

About TimesJobs.com  

TimesJobs.com, India's leading career and recruitment portal, 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 an engagement platform and knowledge resource for insights, information, analysis and opinions on the recruitment market. Well known for its product innovations and unmatched deliverables, TimesJobs.com has pioneered the platforms of:

- JobBuzz.in for candidate engagement with company reviews and ratings

- TechGig.com as India's leading IT network for careers, coding and competitions

- Step Ahead for career assessment and enhancement services

- RecruiteX as the definitive demand and supply recruitment index

- The TJinsite knowledge series 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
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Tel: +91-120-6636338, +91-9910273367
Head of Corporate Communications
Times Business Solutions - A Division of Times Internet Limited