City
Epaper

Hiring activity dips 30% in Q2, rise in contractual jobs: Report

By IANS | Updated: October 20, 2020 10:50 IST

Mumbai, Oct 20 The hiring activity in India saw a 30 per cent decrease in the June quarter ...

Open in App

Mumbai, Oct 20 The hiring activity in India saw a 30 per cent decrease in the June quarter compared to the same period last year as the country saw a rise in contractual jobs, a new report said on Tuesday.

However, the Jube quarter witnessed a 13 per cent increase in the number of work-from-home jobs as compared to Q2 2019.

Furthermore, the demand for contract workforce increased by 11 per cent in Q2 from the same period last year, while the demand for full-time employees decreased by 13.8 per cent, according to data from SCIKEY talent commerce platform, a talent marketplace.

IT and IT Services sectors indicated recovery in contractual jobs in the June quarter.

"Cloud businesses and digital transformation is the need of the hour and one of the top most requirements for all industries to adapt to the new normal," said Karunjit Kumar Dhir, Co-Founder SCIKEY.

"This will definitely have a positive impact on the hiring sentiments among techies who will now look for jobs in India especially due to the strain in H-1B visas".

The pandemic has given rise to a huge number of contract workers for a plug and play model allowing companies to reduce their hiring costs.

In the packaging, IT, telecom and ecommerce industry, some of the top job roles companies are looking for are developer, analyst, management profiles, tester, engineer, senior and consultants.

An earlier study from the company found that there was an uptick in hiring senior executives in India compared to freshers and mid-level executives in the pandemic period (April to July) as the enterprises looked to invest in talent at the very top levels.

Indian companies hired 72 per cent of top executives as compared to 28 per cent of freshers and mid-level executives in the reported period.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Karunjit kumar dhirindiamumbaiIt ServicesIndiUk-indiaRepublic of india
Open in App

Related Stories

NationalLPG Cylinder Price Cut From May 1: 19-Kg Commercial Gas Cylinder Becomes Cheaper by Rs 17, Check Rates in Mumbai, Kolkata

MumbaiMumbai: Gold Sales Cross ₹12,000 Crores Nationwide on Akshaya Tritiya; Mumbai MMR Sees ₹800 Crores Trade

NationalAkshaya Tritiya 2025: Gold Market Sees Huge Footfall Despite Price Hike (Watch Video)

MaharashtraSolapur: 32-Year Mumbai Doctor Found Dead In His Rented Room; Suicide Suspected

MumbaiMumbai Police Arrest Model and Actress Neha Malik's Domestic Helper for Stealing Jewellery Worth Rs 34 Lakh

Technology Realted Stories

TechnologyStudy finds long Covid biomarkers in blood linked to respiratory problems

TechnologyAbsolutely false: Tesla chair denies report about replacing Musk as CEO

TechnologyGitHub Copilot surpasses 15 million users, India a bright spot

TechnologyIncreasing urban vegetation can save over 1.1 mn lives from heat-related deaths: Study

TechnologyStudy shows young adults not as happy as before