Hiring to grow by 10-15% in 2017: TimesJobs Job Outlook Survey
– IT, telecom and healthcare will be the top employment generators.
– 70% of employers predict a rise in hiring of women professionals in 2017.
December 20, 2016: The Year 2017 is bringing good news for job seekers, with an expected 10-15 per cent rise in hiring activity in 2017 as reported y over 2000 employers across India Inc. in the TimesJobs.com Job Outlook Survey 2016-17.
This points towards a cheerful year for the hiring industry, as employers’ expectations are greater than what they were last year. In the TimesJobs Job Outlook Survey last year (2015-16) employers had anticipated a lower 5-10 per cent rise in hiring while now they are upbeat about seeing a 10-15 per cent rise in 2017.
“There is a clear paradigm shift in the Indian Economy, with the support of the government’s efforts and focus on IT, entrepreneurship and manufacturing, India Inc. is steering itself for strong growth that is seen to be impacting job growth and employment in the country next year,” says Nilanjan Roy, Head of Strategy, Times Business Solutions.
IT, telecom, healthcare and manufacturing sectors to be the top employment generators
In the TimesJobs.com Job Outlook Survey 2016-17, 30 per cent organizations felt the IT and telecom sectors will hire the biggest numbers, 20 per cent said the healthcare sector and 15 per cent said manufacturing will be the top employment generator. Another 15 per cent voted for automobile and 10 per cent for infrastructure and retail sectors.
Wanted: Women Professionals
The focus on gender diversity will also continue to take shape in 2017, as highlighted by India Inc. in the TimesJobs.com Job Outlook 2016-17 study. Over 70 per cent organizations plan to increase the ratio of women in their workforce. This is a significant 10 per cent rise in employer expectations as compared to that in 2016 – showing a heightened awareness of the gender diversity challenge faced by India Inc.
About 60 per cent employers foresee a higher demand for women professionals at the middle level positions, 20 per cent see maximum hires at the entry level while another 20 per cent say they will hire women professional for CXO level leadership roles in 2017.
Techies to rule the Job Market
Nearly 25% of organizations voted that IT would be the most sought after profile followed by another 20 per cent organizations that feel there demand for sales, business development professionals and research and development profiles will rise considerably in 2017. About 15 per cent organizations said they expect marketing and advertising professionals to see maximum demand in 2017.
Mid-Level Managers are back in Demand
The most optimistic hiring expectations are for middle level professionals, according to the TimesJobs.com Job Outlook Survey 2016-17. The study reveals professionals with 5-10 years of experience will see the maximum demand across sectors. Nearly 30 per cent of the organizations surveyed stated mid-level managers with 5-10 years of experience would be most sought in 2017. About 20 per cent employers see greater demand for young professionals with less than 2 years of experience in 2017 while 15 per cent said experienced professionals with 10-20 years of experience will be most in demand.
Metros are the Hottest Job Destinations
While positive hiring activity is being reported in Tier I cities and state capitals, the major metros will continue to be the top job hubs in 2017 according to the TimesJobs’ survey. Nearly 45 per cent organizations said jobs opportunities will be maximum in metro cities, including, Delhi-NCR, Mumbai, Bengaluru and Chennai while 40 per cent see a rise in employment opportunities in Tier I locations.
Overall, TimesJobs Job Outlook Survey 2016-17 reports the second and fourth-quarters of 2017 as the hottest for hiring in India Inc.
Click here to download the complete TimesJobs report – http://content.timesjobs.com/docs/TJinsiteDec2016.pdf
About TimesJobs:
TimesJobs, a flagship business of Times Business Solutions (TBS), is a platform to help competent professionals make smarter career decisions. With over 25 million registered jobseekers across the board and more than 60 million page views every month, it is fast becoming the most preferred career portal among the candidates.
TimesJobs is leading in the recruitment and employment space with its pioneering and dynamic divisions because it successfully meets all the needs of the jobseekers. Its major platforms include:
- TechGig: India’s biggest dais for tech professionals to help them Learn, Showcase & Compete in the IT industry.
- JobBuzz: A well-known portal that provides information & insights about different companies, job profiles and interview processes.
- StepAhead: StepAhead offers Professional Resume writing and distribution services, career astrology, resume improvement to help jobseekers accelerate their career.
Also, TimesJobs has the largest collection of jobs in the market, which ensures that whenever and wherever there is a great opportunity, jobseekers will discover it on the platform.
In the recruitment market as well, being the biggest platform for competent professionals who think of their careers first, TimesJobs has become the destination of choice for recruiters who seek to engage with the right talent.