Mumbai: Freshers Vs Middle level experienced professionals Vs Highly experienced professionals. Who are real winners in December 2016.The recruitment indices for December 2016 show the hiring trend in experienced professionals posted robust pattern, with an 11% rise in demand for mid-level professionals who have 2-5 years of experience. Professionals with 10-20 years of experience saw 10% rise in demand while those with over 20 years of experience also saw the almost similar trend with 9% growth in demand in December 2016.
“Professionals with 2 to 5 years of experience have the right combination of experience, energy and passion to adapt quickly, pick up new skills, and capitalize on training and development opportunities to accelerate both their own and the company’s growth.” says Nilanjan Roy, Head of Strategy, Times Business Solutions.
In addition to the year-end RecruiteX report, TimesJobs includes a special retrospective ‘Recruitment Practices Survey 2016’ with inputs from over 800 employers to capture how recruitments panned out over the year. The findings of this survey almost were in line with the December 2016 RecruiteX report as 60% surveyed employers said that middle level staff was indeed the most hired experience category of 2016, followed by junior level employees (25%) and senior staff (15%).
Among industries, IT, BPO/ITeS, automobile, BFSI and healthcare sectors mostly hired for the mid-level while manufacturing and retail sectors hired most at junior levels.
According to the RecruiteX report hiring posted an average 2% rise during Nov-Dec 2016. While November saw a 10% rise in demand, December 2016 registered a 6% drop. Nonetheless, overall 2016 was a better year for recruitment than 2015, according to the ‘Recruitment Practices Survey 2016’ with nearly 60% employers saying that overall hiring had improved in 2016, in comparison to 2015.
Of the 60% employers who said hiring had improved in 2016, 75% said it was up by less than 5%, 20% said it was up by between 5-10% and 5% said it had grown by over 10%.
Industry-wise analysis found that 60% IT sector and BFSI sector employers stated hiring was up in 2016, compared to 2015, nearly 50% employers in the manufacturing sector said it was up, 70% of healthcare sector employers said it was up and 50% BPO/ITeS employers said hiring was higher this year compared to 2015.
On the other hand, nearly 50% employers of automobile sector said hiring was stable in their sector and there were no major changes in hiring volume compared to 2015.