Job Openings Up Sharply In Q1 Of Fy22: Report | Bengaluru News

Bengaluru: Employment opportunities in India grew significantly during the first quarter of this financial year compared to the same period last year, said a report by online job search portal on Wednesday.
The ‘Talent Insights’ report also found that three out of four employees can expect to see an at least 10% bump in their take-home pay in FY23, while the rest are forecasted to get a raise of at least 20%.
South India continues to dominate in overall employment opportunities, with 41% of all available openings, followed by North India with 26%, the west with 19% and the east with 13%.
More than one-third of the total job openings are situated in just three states-Maharashtra, Karnataka and Tamil Nadu. While the major metros have retained the lion’s share of the job market, 81% of the companies surveyed said that they have increased hiring from non-metro towns.
The report found that the IT sector continued to dominate in providing job opportunities over the past year. The BFSI (banking, financial services, and insurance), construction, recruitment, shipping, and education sector’s shares of employment opportunities have also seen a rise. Manufacturing is the only major outlier, having witnessed an 11% decline in job openings between FY21 and FY22.
According to recruiters surveyed in the report, Bengaluru, Delhi-NCR, and Mumbai continue to be the most popular destinations for job seekers, with Chennai and Jaipur steadily increasing in popularity.
About 48% of companies surveyed said they intend to start bringing employees back to the office this financial year, while 40% said they will opt for a hybrid model and the rest 12% aim to double down on the work-from-home approach.
Digital marketing is the most sought-after skillset by companies of all stripes, the report said, followed by proficiency in programming languages, cloud computing, DevOps and AI/ML.


Leave a Comment