Online Hiring Sentiment

Corporate India's hiring intent is likely to witness a significant uptick in the January-March period, provided harsh restrictions are not imposed on the business operations, according to a report

The online hiring sentiment for the month of April 2017 showed signs of recovery with a 10 per cent year-on-year (Y-o-Y) growth, as per the latest Monster Employment Index (MEI). According to Sanjay Modi, Managing Director, Monster.com, APAC & Middle-East, the recovery in growth of online hiring was led by sectors like telecom/ISP as well as banking, financial services and insurance sector (BFSI). "The MEI depicts relative signs of recovery in the pace of online hiring in April 2017. The 10 per cent growth is an evidence to a steadily growing employment market. Among job intensive sectors, there has been an uptrend in BFSI and Telecom/ISP sectors; and also an increase in the demand for sales & business development professionals," Modi said.The Telecom/ISP sector post highest hiring growth of 40 per cent Y-o-Y in April 2017, the MEI data showed. Among prime sectors, there was a surge in the recruitment activity for BFSI sector, which saw Y-o-Y growth rate improve from 24 ...