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The Indian job market registered 14% growth during September as major sectors are on a revival mode and hiring activities have picked up across the board, says a report.
TimesJobs.Com's employment index -- The RecruiteX -- recorded 14% increase in September 2014 over August 2014 with the IT/Telecom industry witnessing a 20% increase in employment opportunities in just one month.
"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," TimesJobs.Com COO Vivek Madhukar said.
Though 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% increase from January to September 2014 period.
As per TimesJobs.Com data, software engineers, application programmers, database administrators, graphic designers/animators/web designers and project leaders/project managers are the hottest jobs in the IT industry, currently.
Meanwhile, the abundance of jobs is not limited to the IT/Telecom sector, the ITeS/BPO industry has also reported an 18 per cent increase in job postings in September 2014.
Moreover, hiring in high-volume sectors such as BFSI, retail, healthcare/pharmaceutical/biotechnology is also on a revival mode.
Among the top metros, Delhi NCR is leading recruitment charts with a 21% increase in job postings, followed by Bangalore. In tier I locations, Hyderabad reported a double-digit growth in demand.
Mid-level hiring (of professionals with 5-10 years experience) was upbeat in September 2014. The demand for over 20 years and 2-5 years experience reported a 10% and 12% growth respectively, the report said.
