Tag: Job Market

Demand for freshers surged specifically in Mumbai (+93 per cent) amongst metros apart from Kochi (+105 per cent) amongst tier-II cities.

While leadership roles with experience of 16+ years exhibited steepest growth of 29 per cent amongst all experience levels, intermediate and mid senior level roles showed growth of 24 per cent and 22 per cent respectively. Fresher roles or entry level roles too showed stable high teenage growth.

India's red-hot job market seems to have found its mojo back like the pre-pandemic period. Not only IT companies like TCS, Infosys, Wipro, HCL Technologies, but others have stepped up hiring never like this before. As per the latest Naukri JobSpeak survey, overall hiring activity in India has once again surpassed pre-pandemic levels in October.

It can't be denied that the Novel Coronavirus pandemic has affected all aspects of life including livelihood. Last year, when India entered into a total Covid induced lockdown, many companies suffered huge losses, lead to massive layoffs and pay cuts.

After over a year of slump, hiring activity is finally recovering in India. According to Naukri JobSpeak report for the month of August, job market in India witnessed a strong recovery with 89% annual growth in August 2021.

Recently a survey revealed that on the back of economic recovery and improved confidence, companies will give out at least 8.6 per cent increments to the employees in 2022.

According to the LinkedIn India - Labour Market Update (July 2021), India's job market is witnessing a steady recovery on the hiring activity.

Exciting news for the fresh graduate engineers as top tech companies are stepping up hiring of freshers like never before.

After almost a year of slump, the IT jobs market in India is witnessing a strong hiring boom! According to media reports, quoting research firm Jefferies, hiring activity has picked up pace in the IT sector in India. Notwithstanding the pressures and disruptions during the pandemic, the sector is seeing robust activity.

Professional services firm PwC is aiming to create over 10,000 additional jobs over the next five years. As a part of its new business strategy, the firm plans to invest Rs 1,600 crore to expand its India operations.

Amidst the pandemic gloom, the Indian job market is picking up slowly and steadily!