3% increase in hiring across all sectors in March 2014

The Petrochemicals and Project/Infrastructure sector reported maximum increase in hiring activity in March 2014, while the overall demand index witnessed a 3 per cent rise in the same period. After witnessing a 3 per cent rise in demand in the previous month, the Petrochemicals/ Oil and Gas/ Power demand index grew by another 6 per cent in March 2014 to register a 9 per cent rise in hiring activity in the first quarter of 2014. The Project/Infrastructure industry, also reported an increase of 12 per cent in hiring during the period. Among top professions, engineering professionals reported maximum increase in demand, followed by logistics/supply chain management/procurement and IT/Telecom professionals. Among key job hubs, Hyderabad saw the highest increase in demand for talent. The city reported over 30 per cent increase in demand during March 2014. Demand was robust across experience categories. Candidates with over 20 years of experience reported the highest increase of over 30 per cent in demand, during the period.

Overall, hiring saw a 3 per cent rise during March 2014, key sectors, functional areas and job hubs contributed to the surge in hiring activity.

• Among top ten sectors, the Petrochemicals industry reported maximum increase (9%) in hiring activity. The Project/Infrastructure sector also reported 12 per cent increase in hiring activity during the month

• Among top ten professionals, demand was upbeat for engineering professionals (12%). Logistics/supply chain management/procurement and IT/Telecom professionals too reported an increase in demand (8-9%) during March ‘14

• Amongst major job hubs, Hyderabad reported maximum increase (over 30%) in demand during the month. Chennai (20%) also emerged as the most active hiring location of March ‘14. Among states, Andhra Pradesh (except Hyderabad) witnessed highest increase (20%) in hiring activity during the period

• The experience demand index for March ‘14 was upbeat for candidates across experience categories. Highest demand rise was observed for candidates with over 20 years of experience (over 30%)

Supply index registered 7 per cent increase in month-over-month analysis. BPO/ITeS, Consumer Durables/FMCG industry contributed, significantly, to this rise in supply of talent, besides other key sectors.

• Job-seeking activity recovered during February ‘14 and sustained the positive momentum in March ‘14. The BPO/ITeS industry and Consumer Durables/FMCG sector witnessed maximum increase (over 30%) in supply of talent

• Customer service/tele calling and hospitality professionals reported highest increase (over 30%) in job-seeking activity. Accounting & Finance professionals also registered a noticeable rise in supply (30%)

• Supply of talent was upbeat across major locations. Among metros, Delhi NCR witnessed highest increase (24%) in job-seeking activity during the month. Among top ten locations, Jaipur reported maximum increase in supply (over 30%)

Supply of talent was encouraging for top level and experienced categories. Candidates with over 20 years experience reported over 30 per cent rise in job-seeking activity during March ’14

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