Hiring activity across industries is witnessing a major uptrend in 2022, according to the NaukriJobSpeak index. The index registered a 41% on-year growth in last January and the demand for senior professionals continued to be on the rise this year, said the report.
Hiring across all experience bands was positive in January 22 compared to January 21 with demand for senior professionals with 8-12 years (+48%) experience bracket getting maximum traction. Demand was also high for professionals in the 0-3 years (+37%), 4-7 years (+42%), 13-16 years (+46%), and above 16 years (+31%) brackets.
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The uptick in hiring was prevalent in multiple sectors with IT software, Retail, and Telecom leading the charts.
The third wave didn’t dent the hiring sentiment as the corporate world geared for growth. Hiring activity saw strong growth signs in major sectors compared to 2021. Pharma, Oil and Gas, Insurance, FMCG and Manufacturing sectors picked up momentum in hiring compared to 2021.
“2022 has started on a resilient note with hiring sentiment improving across all sectors and cities, despite the third wave. While we saw spurts of growth during the year 2021, the first month of this year has kicked off with a bang as industries across India are gearing up for growth and getting past the previous year,” said Pawan Goyal, Chief Business Officer, Naukri.com
Hiring activity saw a major upsurge in Bangalore, Pune and Hyderabad this year. Bangalore witnessed a 79% rise in hiring, while Hyderabad and Pune saw an increase of 66% and 63% in hiring activities.
The Naukri JobSpeak is a monthly Index that calculates and records hiring activity based on the job listings on the Naukri.com website month on month. The objective of Naukri JobSpeak is to measure the hiring activity in various industries, cities, and experience levels. The data is compiled from the website, July 2008 is taken as the base with an index value of 1,000 and the subsequent monthly index is compared with the data for July 2008.