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Press Releases

India Inc. steps up Hiring: Job Growth jumps by 18% in March: Reports TimesJobs

Hiring is up by 18 per cent between March 2014 and March 2015, with the IT & telecom sectors leading the way, confirms TimesJobs’ RecruiteX index   April 20, 2015: The IT & telecom sectors clocked a whopping 31 per cent rise in demand for talent, with the overall TimesJobs.com RecruiteX demand index growing by 18 per cent between March 2014 and March 2015.   “The growth of Indian economy has fueled MNC interest in India resulting in rising demand for professionals with experience in Indian contexts. Further, the trend of tech professionals from large organizations making a move to join startups as the top bosses is further pushing up attrition and demand for skilled professionals. This trend is expected...
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Top performers may get 25 to 30% to stay on in the company: TimesJobs.com

Average expectations are 10-13% increments this year reports the TimesJobs survey   As the job-market heats up – employees are likely to get an average salary increment of 10-13 per cent this year across industries, shows the latest TimesJobs.com survey of employers, recruiters and employees. Top performers will be offered much more to ensure their loyalty, the survey suggests.   These projected increments are within the range of current employee expectations – who are actively scanning the job-space for better opportunities. Employees are expecting salary hikes between 15-20 per cent at junior level, 10-15 per cent at middle level and 10-12 per cent at the senior level, reports TimesJobs.com.   Vivek Madhukar, COO, TimesJobs.com, says, “While average performers are expecting...
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Auto sector hiring accelerates: TimesJobs Reports

The Auto Sector witnessed an average 6 per cent growth in employment opportunities in February 2015, reports TimesJobs data.   April 1, 2015: The ‘Make in India’ campaign has revived the hiring sentiments in the Indian manufacturing sector. With experts predicting India as the third-largest auto manufacturer in the world by 2020 the automotive and auto component industries are set to see accelerated growth in workforce demand and hiring as well. Preparing for this boost, the year-on-year analysis of TimesJobs data between Feb 2014 and Feb 2015, shows a significant 6 per cent increase in demand for talent for the auto sector.   Demand across Functions   To sustain increase in production, the auto sector is witnessing a growth in...
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Demand for middle managers up by 10%: TimesJobs.com reports

The demand for middle managers has witnessed a y-o-y increase of 10 per cent, shows TimesJobs.com data from Feb 2014-Feb 2015. This experienced category also reported a 19 per cent jump from Jan to Feb 2015, with IT/Telecom being the top hiring sector. There has been a positive sentiment in hiring at the middle-level in several sectors in India. Middle manager posts have seen a jump in demand by 10 per cent between Feb 2014 and Feb 2015, shows TimesJobs.com data. “With a positive Indian economic outlook, there is great anticipation of rapid growth across industries. This is leading companies to realise their need for middle management experience and skills to scale up and take advantage of this growth. In addition,...
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North-eastern states emerge as new job hotspots: TimesJobs.com

A 5-30% y-o-y growth rate in talent demand is seen in Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Tripura, Nagaland and Sikkim shows the RecruiteX data from Feb 2014-Feb 2015 March 17, 2015: The latest TimesJobs data reflects an upsurge in hiring trends in Northeast India. The Automobile, IT-software, consumer durables/FMCG and BFSI sectors are driving job growth. Data indicates residents of the North-East are likely to earn more in their hometowns than in metros in similar job profiles. “The Prime Minister’s focus on the region coupled with improving interstate infrastructure and telecommunications are providing a strong impetus to economic development and job growth in the Northeast. With a young and a ambitious, well-educated population it is quite possible that the...
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India’s Biggest Code Contest is Back! Over 40,000 coders will fight it out for ‘Code Gladiators’ titles this year.

Renowned for creating the largest community of techies in India, TechGig is back with the second edition of it nation-wide inter-company hackathon ‘Code Gladiators 2015’. February 2015: After a very successful run last year, as the biggest code contest in India, this year’s competition will almost double in size. Code Gladiators 2015 will witness over 40,000 coders participating from 7000+ companies, pan India. “Code Gladiators is the first national level, inter company coding contest, that not only highlights top coders, but top IT companies as well. The scale of this contest provides unparalleled opportunity to provide the IT industry with insights that include geographic, academic, institutional and corporate benchmarks. Insights from last year’s contest were very successfully leveraged both by...
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Hiring records double-digit growth, up for third consecutive month TimesJobs RecruiteX reports

February 10, 2015: Online hiring activity grew by 11 per cent in January 2015, with IT/Telecom leading the demand, reports the latest RecruiteX by TimesJobs. This is the first time since 2012 that online hiring has increased for three months in a row. “A new energized government, quick policy decisions and reforms are pushing up hiring across key sectors. E-commerce and startups continue to contribute significantly, to the growth of the job market in 2015. Innovation and technology interventions are creating opportunities that are set to boost employment by creating new and unique roles and jobs, in times ahead. In order to sustain double-digit job growth, investments in IT and manufacturing sectors will be needed to be stepped up.” explains...
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Tracking Rental Property Values across India – Magicbricks launches the Rental PropIndex report

This report highlights the most preferred budget ranges renters look for and what configurations and property types that are most sought after for rented accommodations. 09 Feb 2015: Magicbricks has launched its 1st PropIndex Rental Market Analysis Report (Oct-Dec 2014). This is the first time Magicbricks has taken a dip into the demand and supply analysis of the rental market. The report gives insights about the existing demand and supply in different budget ranges, BHK configurations and property types across the 11 major cities of India. The maiden edition reveals that over 75% demand is noted for apartments as rented accommodations while the Rs 10,000-15,000 rent-per-month category is the most preferred segment. “Limited availability of ready-to-move-in properties and pilling up...
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India Inc. enters 2015 with positive hiring sentiments: TimesJobs RecruiteX Reports

January 27, 2015: Hiring activity grew by 2 per cent year-on-year through 2014, with Retail and BFSI leading the charge according to TimesJobs’ latest RecruiteX report. The TimesJobs RecruiteX has shown a steady growth in demand, suggesting a sustained momentum in hiring activity. The growth is expected to continue through this year believe experts. “As TimesJobs’ data shows – 2015 seems to be a good time to be active in the job market. With a stable government and strong economic cues, the inevitable growth of Indian Industry will fuel considerable job growth in the country as well. Companies in core sectors of IT, engineering, manufacturing, BFSI, hospitality, logistics, ecommerce and retail will emerge as leading employers.” remarked Vivek Madhukar, COO,...
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