MUMBAI, March 19:
Taking advantage of the hiring momentum witnessed the previous, 2019 is anticipated to experience a 10-12% augmentation in hiring action.
With no obstacles to tackle - for example demonetization, GST execution, and altered H1B norms that influenced the industry last year - companies are anticipated to boost their hiring, apart from attempting vigorously to keep prevailing talent in 2019. Greater investments are anticipated in skill advancement, upskilling, and training. Lateral hiring is anticipated to sustain a stable
momentum while entry-level recruitment will witness an upward trend.
Ajay Kolla, Founder & CEO, Wisdomjobs.com, observed, "The IT and Technology sectors will continue to see the creation of a multitude of openings in new-age technologies. The Banking and Financial Services sector is also expected to see healthy hiring on the back of ongoing digitization and technology adoption."
Top revealations of the recruitment study carried conducted by Wisdomjobs.com are:
IT and Automotive industries anticipated to lead the trend
2019 is anticipated to see a rise in recruitment in most key industries such as IT (24%), Automotive (18%), BPO/ITES (14%), Education (11%), FMCG (9.5%), and BFSI (4.5%).
Construction/Engineering and Pharma industries are anticipated see a decline in recruitment of 7% and 5% respectively in 2019.
IT and HR segments to witness vigorous hiring
All operational zones are anticipated to witness significant Y-o-Y growth with IT-Software (20%) and HR (15%) guiding the way. Sales (10%) and Marketing (4%) are as well anticipated to witness an augmentation in hiring.
The Production/Maintenance segment is anticipated to witness a reduction of 10% in hiring.
Entry-level recruitment to witness the strongest expansion
Recruitment at the entry-stage is anticipated to see an increase of 15% while mid-level recruitment is anticipated to increase by 8%.
Senior-level recruitment is estimated to witness an increase of 2% over the previous year.
Hyderabad and Chennai anticipated to witness
the maximum rise in hiring
Hyderabad (15%), Chennai(13%),
BPO (15%) and FMCG (11%) segments are anticipated to witness the highest levels of hiring in Hyderabad while BFSI (18%) and Automotive (12%) are the segments which will witness considerable hiring in Chennai.
BFSI (14%) is also anticipated to. be the ket segment, recruitment-wise, in Mumbai while IT Software (13%) will be a potent force in hiring in Delh
Wisdomjobs.com together with its sister portal Wisdomjobsgulf.com are exclusive, skill-evaluation oriented portals that assists job applicants as well as employers to duscover the appropriate fitment by means of a proprietary skill evaluation gadger called Pragnya Meter.
ANJISHNU BISWAS
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