Banking And Financial Services Sector Tops In Hiring Activity: Survey

According to a survey, hiring activity in August 2015 increased 13% as compared to the corresponding month last year. Banking and financial services recorded the maximum increase of 26%, followed by healthcare, pharmaceuticals, software, telecom and media and entertainment sectors.


V. Suresh, Executive Vice President and chief Sales Officer, said, “Job market seems to be moving north, sustaining the momentum gained over the first four months of this financial year.”

Meanwhile, hiring activity in auto and ancillary stabilised while the insurance sector saw a decline. “Looks like exciting times are ahead for job seekers,” Suresh added.

The report further noted that all metro cities registered an increase in hiring activity in August 2015. Hyderabad topped the chart with 24% increase in hiring activity on a year-on-year basis, followed by Mumbai 19%, Pune 15% and Bengaluru 13%. Chennai and Delhi recorded an increase of 10% each while hiring activity in Kolkata remained stagnant.

The survey observed that around 66% of recruiters expect new jobs to be created in the second half of this calendar year and most opportunities are likely for people having work experience of 4-8 years. 

Naukri Hiring Outlook is a half yearly survey which gauges the hiring sentiment across sectors and industries. The survey was conducted amongst more than 1,900 recruiters and consultants.