NRI update: jobs and professionals most in demand

02:28AM Sun 27 Sep, 2015

Non-Resident Indians (NRIs) who are looking for a job back home are likely to get more offers now than the past few months. According to latest reports, vacancies are on the rise now after the lull seen in the job market since February of this year. Findings by jobs website TimesJobs RecruiteX shows employers are back scouting for talent and this demand went up by 8 per cent in July 2015, after the slump witnessed for five months in a row. The year started off with an 11 per cent increase in hiring activity in January but a slump set in soon after and talent demand saw a drop of nearly 4 per cent between February and June 2015. This gloomy scenario is finally witnessing a much-awaited revival, as per the recruitment index. “After a five-month slump that impacted job sentiments across sectors, hiring activity is now regenerating again. We have observed this seasonal trend in the job market since 2011. The pre-appraisal and appraisal periods are usually slow on hiring since companies take stock and consolidate resources and processes. Now that this is over, it is time once again to look for fresh talent to re-energise organisations.” says TimesJobs COO Vivek Madhukar. The growth can be witnessed in all sectors but logistics and pharmaceuticals are the top job generating sectors. The pharmaceutical, healthcare, biotechnology, logistics and warehousing sectors joined the IT & telecom industries as the top employment generators in July 2015. Talent demand across all these industries have risen by 10-14 per cent in the month-on-month analysis. BFSI (banking, financial services and insurance) and manufacturing sectors have also reported a substantial 9 per cent rise in talent demand. This was followed by retail and petrochemicals, oil & gas sectors with a 7 per cent rise in demand whereas travel and hospitality also saw a 4 per cent spurt in demand. Among the various occupations, entertainment, media & journalism professionals including reporters, editors, anchors, copy editors and cameramen have seen demand for their skills rise by a remarkable 17 per cent in July 2015. Media sales & business development professionals including advert sales managers, client servicing professionals and advertising & marketing consultants have also seen a 10 per cent rise in demand. Demand for IT & telecom professionals, across industries, clocked a 6 per cent rise in the month-on-month analysis. Source: KannadigaWorld