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India Hiring Sees Growth by 11 Percent in April-June Period: Report

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According to a report released on Monday by job site Indeed, hiring in India increased by 11 percent in the April-June period, then the last quarter.

The hiring spree increased in the field of Information Technology (61 percent), Financial Services (48 percent), and BPO/ITeS (47 percent), with the job market showing signs of recovery from the Second Wave, revealed the second edition of the India Hiring Tracker — mapping quarterly job market activity from April-June 2021.

Large businesses continued to dominate hiring activity (59 percent of employers), while hiring by mid-sized businesses saw a decline (38 percent).

Roles such as sales coordinator (83 percent of all employer respondents), relationship manager (77 percent), digital marketer (69 percent), UI/UX designer (61 percent), and quality analyst (53 percent) were the most in-demand.

But, overall, fewer employers were hiring in April-June compared to the previous quarter (42 percent vs 64 percent).

“As businesses continue to find a rhythm of working through multiple pandemic challenges, the tracker reflects the resilience of India’s labor market. With hiring activity seeing a month-on-month increase, it was interesting to see businesses pivot their hiring priorities from operation roles to sales roles,” said Sashi Kumar, Head of Sales, Indeed India, in a statement.

“It’s clear that paying attention to employee expectations will enable them to thrive, so ongoing conversations around wellbeing and hybrid work are vital,” he added.

The report also showed the widespread impacts of the second wave of Covid– understaffed teams and increased employee burnout. About 76 percent of the job seekers surveyed did not receive Covid-related benefits/compensation packages or mental health support.

Appraisal plans were also impacted — 70 percent of employees said that they did not receive any promotion or pay increase this quarter, with only 11 percent of employers promoting or offering salary increases.

Further, as the second wave recedes, employers preferred a hybrid work model (42 percent) to remote work (35 percent), while jobseekers favored remote working (46 percent) over a hybrid approach (29 percent).

More women (51 percent) than men (29 percent) said they wanted to continue working from home, while 52 percent of senior management preferred working from home, compared to middle level (36 percent) and junior level (31 percent) employees, the report noted.

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