According to a recent report by The Economic
Times, the highest share of job postings for freshers was witnessed by the IT
and staffing industries, with over 32 percent and 12 percent of jobs,
respectively, dedicated to entry-level professionals.
Mumbai: The demand for
freshers has gone up 5 per cent over the past six months, aided by gradual
improvement in the IT sector, according to a report released on Thursday. The
highest share of job postings for freshers was witnessed by the IT and staffing
industry with over 32 per cent and 12 per cent share of jobs, respectively,
dedicated to entry-level professionals, foundit (formerly Monster APAC &
ME) report on fresher hiring trends.
Additionally, it
revealed that the demand for freshers has increased 5 per cent over the last
six months.
The report is based on
an analysis of data on foundit platform from May 2023 to May 2024.
It further stated that
IT companies - - particularly in the hardware and software sectors - - are
showing intent to hire freshers, signalling a shift in hiring strategies in
India.This trend is largely driven by ongoing restructuring efforts within the
industry, focusing on adopting new technologies, optimising costs, enhancing
innovation, and ensuring scalability, the report added.Startups in the IT
services and internet industry led in fresher hiring, with 23 per cent and 22
per cent of jobs directed to new graduates, respectively, it stated.While jobs
in the IT industry did decline in the last quarter, engineering graduates are
in demand for 28 per cent of jobs in startups alone, the report said.While jobs
in the IT industry did decline in the last quarter, engineering graduates are
in demand for 28 per cent of jobs in startups alone, the report said.
Additionally, other
roles being hired across startups are consultants (10 per cent), sales/exec
manager (4 per cent), and operations exec/manager (4 per cent), it added.
"We're seeing a
clear trend where startups and other companies are increasingly valuing skills
over just academic credentials. This shift means that young professionals need
to focus on acquiring relevant skills to stand out in the competitive job market,"
foundit (previously Monster APAC & ME) CEO Sekhar Garisa said.The report
added that Delhi-NCR (21 per cent) hosts the highest share of job postings for
freshers, followed by Bengaluru (14 per cent).
Notably, fresher hiring
was the highest in metropolitan cities in India, Mumbai (8 per cent), Chennai
(8 per cent), Pune (8 per cent), and Hyderabad (8 per cent) were recorded as
the next top locations for hiring freshers.
Read more at:
https://economictimes.indiatimes.com/jobs/fresher/freshers-hiring-witnesses-5-pc-growth-over-last-6-months-report/articleshow/110973315.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst