Abundant jobs for freshers likely in Jul-Sep qtr:TimesJobs.com
The demand for entry-level professionals is likely to see a significant uptrend in the coming three months and hiring is set to peak for e-commerce players in the July-September quarter, according to job portal TimesJobs.com.
An analysis of TimesJobs.com RecruiteX data since 2011 shows that demand for entry-level talent has seen an incremental spike during July-September, and this trend is likely to continue this year as well. Since 2011, the demand for candidates with zero to two years of experience registered a significant rise of 6 per cent on an average between July and September. Demand during last two years -- 2013 and 2014 -- rose further to an average of 7 per cent, TimesJobs.com said.
Interestingly, demand for entry-level candidates during July-September has never been negative in the past five years, unlike demand for more experienced candidates.
Many big corporate players plan to hire big during the July-September period to take advantage of this trend. Hiring is also set to peak in this period for e-commerce players, the report said. The primary reason for this spike is that not only the bonus payout, even salary increments usually come into effect from April in most Indian companies.
"The first quarter helps job-seekers build the requisite documents, such as two to three months pay-slips, increment letters, etc. for applying for a new job." TimesJobs.com COO Vivek Madhukar said.
Moreover, campus placements, which usually take place around July to September, also push new talent demand during this period, he added.
Sector-wise, IT, telecom, healthcare and hospitality space have led the demand growth for entry-level candidates during these three months, registering a rise of 3 per cent on an average since 2011.