Press Release
April 20 2015
Bangalore sees a 9% increase in the hiring activity in March15&rsquo over March&rsquo14: Naukri Job Speak Index
- Accounting sector registered the maximum growth to the tune of43% in March 2015 as compared with March 2014
- Hiring in Telecom sector increased by 8% in March&rsquo15 over March&rsquo14
- Professionals working in IT industrysaw a 31% upsurge in demand in March&rsquo15 over March&rsquo14
Bangalore, April XX,2015:
The Naukri Job Speak Index for Bangalorewas at 1967 inMarch 2015 indicating a 9% increase in the hiring activity in comparison to March2014. Industry wise too, thehiring sentiment looked upbeat with sectors like Accounting and Telecomseeing an increase of 43% and 8%respectively in their hiring levels for the same time period. Banking and Financial Services also saw a strong increase in their hiring activity in March15&rsquoover March 14&rsquo.
Industry Sector Analysis:
A detailed analysis revealed that among the key sectors of the city, Accountingsaw a Y-o-Y increase of 43% in hiring. Oil/Gas and Power sector too saw a Y-o-Y upward movement by 12%. However, sectors like Construction registered a downward hiring trend in the same time period.
Functional Area Analysis:
The job index spelt good news for ITprofessionals with the sector continuing to hireexperienced talent. The demand for professionals in the sector saw a Y-o-Y increase of 31%. Sectors like HR and Bankingalso continued to hire at a decent pace and showed a 21% and 19% rise respectively over the year. However, hiring of Supply Chain/ Logistics professionals saw a downward trendwith the index moving down by 20% in the same period.
About Naukri.com
Naukri.com, India&rsquos No. 1 job site and the flagship brand of Info Edge introduced the concept of e-recruitment in India. Since its inception in 1997, Naukri.com has seen continuous decline while outperforming its competitors in every sphere. Info Edge was the first internet Company to be listed in India. The site enjoys a traffic share of 70% as per Comscore. Naukri.com is a recruitment platform that provides hiring-related services to corporates/ recruiters, placement agencies and to job seekers in India and overseas. It offers multiple products like Resume Database Access, listings and Response Management Tools. With more than 1, 25,000 jobs live at any point and over 38 million CV&rsquos, Naukri.com serviced over 48000 corporate clients in 2013-2014. The company employs over 3100 people operating through 56 offices in 42 cities in India and overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain.