Bengaluru has generated the highest number of jobs through CareerNet, a talent acquisition organisation, during the period between April 2020 and February 2021, according to internal data.
A total of 5,767 offers were rolled out during the period with Bengaluru as the job location. The report is based on a universe of 10,615 job offers that were rolled out across India during this period through the consulting agency.
The Technology, Digital and IT/ITES offshoring sector in India is prospering, which is why cities such as Bengaluru, Hyderabad and Chennai have continued to generate jobs.
“This sector is prospering in India with firm signs of resurgence rooted in four decisive factors: accelerated global digitisation, increased offshoring to India on the backdrop of remote working, restrictions related to travel and visas to the USA and Europe, and the pent-up demand for talent,” says Anshuman Das, CEO & Co-founder, CareerNet.
“The hiring process in this sector is entirely digital which has expedited the recruitment cycle as well. Brick and mortar industries are taking longer to bounce back to pre-Covid levels, validated by the lesser number of jobs in cities such as Delhi/NCR, and Mumbai,” Das explains.
Mumbai & Pune, on the other hand, have generated the lowest number of jobs. The report also shows Hyderabad emerging as the most preferred city to work for candidates, followed by Bengaluru, while Delhi NCR is the least preferred.
In terms of job offer, candidates in 3-7 years of experience bracket were the most sought after, followed by entry-level professionals in 0.5-3 years bracket. Both campus recruits as well as highly experienced candidates (12+ years) accepted more offers than candidates with mid-level experience.
Organisations are looking to hire readymade talent. According to Das, the focus to hire is moving from freshers or entry-level professionals to mid-level executives.
“Earlier, candidates having work experience of 1-4 years were high in demand. Now the demand has shifted to candidates having experience of 3-7 years.”
While the joining ratio improved during the first nine months of Covid-19 as compared to pre-Covid times, due to increasing demand, the ratio has been trending south over the past 2-3 months, Das adds.