Demand for senior professionals on rise: RecruiteX survey

Overall hiring slows by 7% in April 2016. However, senior professionals reported a 2% rise in demand during the month, according to the latest RecruiteX by TimesJobs.com

Talent demand dropped by 7 per cent during April 2016 as hiring activity slumped across key sectors, reveals the latest RecruiteX, the recruitment index by TimesJobs.com. None of the top sectors witnessed any rise in talent demand during April 2016.

Accounting-tax/consulting and recruitment/placement agencies were the only sectors to report a rise in talent demand during the month. Architecture/interior designing were the only profiles to report a rise in demand while accounting & finance profiles witnessed stable demand.

Among key locations, Delhi NCR was the only metro to report a rise in demand. Indore posted the highest rise in talent demand followed by Lucknow. Among states, Karnataka (except Bengaluru) topped the demand index.

Hiring dropped across experience categories, barring candidates with over 20 years of experience, according to the latest RecruiteX by TimesJobs.com.

Overall, hiring reported a drop during April 2016. Key employment sectors and functional areas contributed to the drop in talent demand.

Accounting/tax/consulting posted 18 per cent rise in hiring activity. Talent demand also rose (2%) in recruitment/placement agencies.

Architects/interior designing profile reported 3 per cent rise in demand. Accounting & finance professionals witnessed stable demand.

Among top ten locations, Delhi NCR witnessed a 3 per cent rise in talent demand. Among states, Karnataka reported a 20 per cent rise in demand.

The April 2016 demand index was inactive for candidates across experience categories except candidates with over 20 years of experience. This was the only category to witness a rise (2%) in demand.

Source: techgig.com