Retail, media and FMCG have taken a leap to join the league of IT and financial services sectors in the employment outlook survey made by TeamLease India, a staffing solutions company reports the Hindu Business Line.
The survey, covering 490 companies across eight cities — Delhi, Mumbai, Kolkata, Hyderabad, Bangalore, Chennai, Pune and Ahmedabad, indicated the highest index points of 95 for hiring by the retail, media and FMCG sectors followed by IT with 94 and financial services 91. Bangalore has been projected as the highest Business Outlook Index point, followed by Mumbai and Delhi, in the next three months. Bulk of the recruitment will be at the junior level at 86 per cent.
“Given the buoyancy in the market and the expectation of 10 million people to be recruited every year (as per the Planning Commission Report), the employment market is likely to witness a rapid growth in the next few years,” says Ms Nirupama V.G., Associate Director, TeamLease.
Hiring trends across functions project marketing as the highest performer at 31 per cent followed by IT 18 per cent, production 17 per dent, finance and others 11per cent, administration 8 per cent and human resource 4 per cent.