New Delhi: Online hiring in India rose by 19 per cent year-on-year in May, registering the highest growth since February last year, says a survey. According to leading job portal Monster.com, since the start of this year, online recruitment has registered consistent improvement as compared to the year ago period.
"There is a great deal of overall sanguinity around the new government to revive the economic momentum and constructing an investment friendly environment enabling creation of new jobs," Monster.com Managing Director (India, Middle-East, South East Asia) Sanjay Modi said. However, on a month-on-month basis, the index remained unchanged in May over April. The Monster.Com employment index rose by 24 points (19 per cent) to 151 in May, from 127 in the same period last year, signalling that employers are optimistic about their hiring plans.
"With a 19 per cent growth in the overall hiring activity which has been the highest since February 2013, Monster Employment Index reflects business optimism," Modi said. Year-on-year, online recruitment activity exceeded in 16 of the 27 industry sectors monitored by the index, and media and entertainment industry registered the highest growth (59 per cent). Meanwhile, online demand expanded all 13 occupation groups monitored by the index, and the demand for senior management continued to chart dramatic annual growth.
The group witnessed 61 per cent growth in opportunities between May 2013 and 2014 to lead all occupation groups year-on-year, the report said. A city-wise analysis shows that, online opportunities exceeded the year-ago level in all 13 cities monitored by the index and Bangalore (up 37 per cent) once again led all monitored cities by the way of long-term growth.
Bangalore was followed by Mumbai which registered a 27 per cent growth in opportunities between May 2013 and 2014. Delhi-NCR, Hyderabad and Chennai recorded 20 per cent, 19 per cent and 17 per cent growth respectively. Chennai exhibited a double-digit growth for the first time since April 2013.
