Home ECONOMY Online hiring is rising: Monster India

Online hiring is rising: Monster India

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Chennai, Aug 5 :

Hiring online is on the rise and last month it logged 25 percent growth, the highest in 2014, with the home appliances sector at the top of the order as per Monster Employment Index (MEI), Monster India said Tuesday.

In a statement, the online career and recruitment portal said hiring online is on upsurge. The July month saw the highest growth at 25 percent.

“The trend is expected to carry on in the coming months as the economy rebounds. Interestingly, Baroda has shown a growth of 45 percent and is leading across all other regions. Bangalore is showing consistent growth month on month,” Sanjay Modi, managing director, Monster.com (India/Middle-East/Hong Kong/South East Asia), was quoted as saying in the statement.

“In industry-wise purview, home appliances has shown a remarkable increase of 69 percent with Telecom/ISP (Internet Service Provider) being the lowest growing industry.”

The Information Technology (IT) – hardware, software – and travel and tourism are the strongest sectors charting an average annual growth of 33 percent in 2014 so far, the company said.

According to Monster India, demand for senior management professionals is on the rise. The demand for engineering/production professionals witnessed a double digit growth in online year-on-year.

On the other hand, sales and business development segments saw fewer opportunities resulting in 21 percent drop in online demand month-on-month.

(IANS)