Demand For IT-BPO Pros Continues To Rise
The hiring landscape in India was found to be positive for the month of December 2013 with sector like IT Software showing a considerable increase of 33% percent year-on-year, according to the Naukri Job Speak Index. The Index reveals that IT jobs are not about pure tech skills anymore. Emerging areas like business analytics, data management, mobility and security demand a far deeper understanding of business than was required earlier. The overall hiring activities also showed a 13% increase when compared to the same time in 2012. The report suggests a positive time for hiring activities in the coming months as well
BPO a booming sector
The in-depth depth analysis reveals that in industries, the BPO sector has witnessed a double digit growth of 33%, followed by pharma and telecom that have also shown a rise in hiring with the index moving up by 16% and 7% respectively on a year-on-year basis. Automobile was a key sector that saw the maximum decline by 17%.
Ambarish Raghuvanshi, Group president Finance and CFO Info Edge (India) said in a statement that the hiring landscape is steady overall with IT and ITES have shown signs of growth with the Naukri job speak for IT growing at an average of 5% in the past three months which signals improvement in hiring activity,” says. However, he believes as 2014 is an election year, companies are expected to go into an expansion mode either ahead of results or post elections and concomitantly we will see an uptick in hiring activities.
Niche skills in demand
According to the December 2013 Index, the demand for professionals in IT and BPO sector continued to grow by 33% and 31% respectively when compared to the same time the previous year. In terms of decline, professionals working in Banking and Insurance and Supply Chain witnessed a dip with the index moving down by 17% and 15% respectively. Engineering design and R&D also saw a decline with the index moving down by 14% year-on-year.
A recent Nascom HR survey also showed that recruiters are looking for people who have a combination of in-depth business understanding and technical expertise to address the upcoming market challenges and not just solve tech issues. With the emergence of mobility, social media, cloud and big data, the top skills in demand are: data scientists, cloud/virtualization, mobile apps, platform engineering and user experience demand. Apart from these recruiters prefer professionals with leadership, customer interaction, communication, problem solving, and presentation skills.
Delhi tops the chart
Among all metros, hiring momentum continued in Delhi and Hyderabad with the Naukri Job Speak Index moving up by 25% and 20% year-on-year respectively. Bangalore and Kolkata also saw a double digit growth with the index moving up by 18% and 13% year-on-year, respectively. Cities like Mumbai and Pune saw a miniscule growth in hiring with the Naukri Job Speak Index moving up by 1% year-on-year. In terms of decline, Chennai saw a dip with the index going down by 4% percent in December 2013 as compared to December 2012.
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