E-Hiring in 2018: Employers looking for more cautious approach

Must Read

Sanju Samson to replace Shikhar Dhawan in T20 series against WI

Sanju Samson will replace injured Indian opener Shikhar Dhawan in the T20s series against West Indies starting from next...

Supreme Court lashes out on Centre & Delhi govts for Rising Pollution

The Apex Court of the Country, the Supreme Court on Monday lashed the Central and State Government for their...

Harbhajan Singh wishes BCCI Prez Sourav Ganguly to change Selection Panel

The Indian off-spinner Harbhajan Singh on Monday urged Sourav Ganguly, President of BCCI (The Board of Control for Cricket...

A recent report on E-Recruitment reveals that online hiring activities have witnessed decline for three straight months as a cautious method was adapted by corporate India due to a considerable increase in merger and acquisition.

The Monster Employment Index was marked up to 266 in August which is 5% less in comparison to the period last year. As per month-to-month tenancy the index has declined by 0.74%.

“The current ease in hiring activity is indicative of a cautious hiring scenario owing to merger and acquisitions and an increasing demand for skilled candidates,” said Abhijeet Mukherjee CEO Monster.com, APAC and Gulf. He further added, “The Indian economy marched at an impressive rate in the first quarter of 2018-19 as also reflected in the positive GDP growth momentum on the back of strong performance of the production and manufacturing sector.”

The year-on-year growth on the basis of sector was achieved highest by production and manufacturing sector (up to 64%) followed by retail (48%).

Regarding slightest increase in retail, Mukherjee quoted,”the retail sector has shown a phenomenal growth surge which can be attributed to a spurt in online shopping owing to end of season sale and discounts.”

The report revealed that online hiring activity has crossed the level of the preceding year in 9 out of 13 job category under the observation of the index led by Health Care, HR, and finance and accounts.

In contrast, Chandigarh and Jaipur are the only cities with positive trend in growth. E-Recruitment activities are pitched low in five key cities of Hyderabad (by 9%), Bangalore (by 9%), Chennai (by 6%), Delhi-NCR (by 7%), and Mumbai (by 4%).


Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

Food aggregator unicorn Zomato will reach profitability by 2020, says co-founder Deepinder Goyal

Deepinder Goyal, co-founder and CEO at Zomato, a food aggregator and tech-food unicorn, has announced that the platform will...

Mutual funds investment marketplace Nivesh raises $600,000 from The Next Billion Fund, other marquee investors

Nivesh.com, mutual funds investment marketplace, has bagged $600,000 (approx INR 4 crore) from Windrose Capital's The Next Billion Fund, other marquee investors, reported Yourstory. The...

Delhi Fire Tragedy: Owner of the building arrested

Rehan, the owner of the building where a fire broke out in Delhi earlier today, has been arrested by Delhi Police. A case has...

Amit Shah to table Citizenship bill in Lok Sabha tomorrow

Union Home Minister Amit Shah will table the Citizenship (Amendment) Bill in the Lok Sabha on Monday. The bill seeks to grant Indian citizenship...

Delhi fire tragedy: How it all started

More than 140 illegal factories were operational in the narrow lane of Anaj Mandi of Karta Gauri Shankar. The fire started from the 600sq...
- Advertisement -

More Articles Like This