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Maximum Growth for Pune, 30% yoy increase in hiring activity inDecember 14: Naukri Job Speak Index

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Pune (Jan. 09, 2015): The Naukri Job Speak Index for Pune in the month of December 2015 at 1726 indicating a30%increase in hiring when compared to December 2013. Sectors such as IT-Software, ITES and BFSI contributed to this growth with a 12%, 9% and 17% increase in hiring as depicted by the index.

V Suresh, Executive Vice President and Chief Sales Officer,Naukri.com said, “Job Market in Pune witnessed a huge rebound backed by strong hiring activity in sectors like IT,ITES and BFSI.We can expect hiring to gain further  more momentum in the coming months.

Industry Sector Analysis:
Apart from the leading sectors such as IT-Software, ITES and BFSI, the insurance and Capital Good sector also contributed to the growth with a 1% and 6% increase in hiring activity in December ’14 when compared to December ’13. However, certain key sectors such as Construction & Engineering and Auto saw a reverse trend of marginal year on year decline of the order of 1% and 3% for the same period.

Functional Area Analysis:
As expected, the demand for IT-software professionals grew steadily in December ’14 over December ’13. Also registering high growth were the Accounts & Finance and HR fields with their hiring activity witnessing a year on year upsurge of 21% and 20% respectively in December ’14. The demand for professionals in the Sales and Marketing fields also increased by 6% and 7% respectively for the same period.  However, the hiring activity for the project management domain decreased year on year by 8% in December ’14.