Recruitment and IT industries host the highest demand for freshers in India: foundit

Dais World | 26/05/2023 07:54 PM

• BPO, Education, and Healthcare industries also hosted high fresher demand
• Bengaluru showed the highest demand share for freshers with the maximum salary brackets
• Delhi emerged as a top location for internships
• In-office jobs accounted for 92% of the overall jobs for freshers 

foundit (formerly Monster APAC & ME), one of India’s leading talent platforms, today reported that the highest share of job postings for freshers was accounted for by the Recruitment/Staffing industry. Moreover, the demand for freshers has increased by 4% over the last six months.

Industry reports state that one in 10 graduates in India is unemployable due to a lack of industry-ready skills. Amidst current economic uncertainties and tech disruptions in the market, the need for freshers to upskill and tune their digital skills in line with the industry is more pertinent than ever.

Interestingly, an overwhelming majority of job postings for freshers across industries were for in-office roles (92%). While some industries continue to embrace remote and hybrid work models, there is a growing trend of more companies getting back to the office, embracing a pre-Covid normal. The remaining job postings were for hybrid (4.2% share) and work-from-home (3.8%) job roles.

Speaking on the need for skilling, Sekhar Garisa, CEO, foundit (previously Monster APAC & ME), said, “Improved initiatives for skill development in the educational system can close the employability gap in the Indian market. The L&D initiatives of India Inc. have also been crucial in bridging the skill gap among freshers. To provide career development support and offer skill-based certifications to entry-level professionals in India, we at foundit are launching the second edition of Aspire - our virtual career fair for freshers and young professionals from 31 May to 2 June 2023. The career fair will connect job seekers with top employers in India and bring together credentialed candidates for these employers.”

Aspire is a multi-faceted recruiting solutions platform by foundit in collaboration with Microsoft India for freshers and professionals with 0-2 years of work experience.  It provides an opportunity for job seekers to interact with potential employers and explore opportunities across sectors such as IT, finance, marketing, human resources, and more. 

Bengaluru emerges as the top location for fresher hiring with the highest salary packages

foundit data reflects that Bengaluru (12.4% share) hosts the highest share of job postings for freshers, followed by Mumbai (12.1% share). Notably, fresher hiring was highest in metropolitan cities in India. Delhi/NCR (9% share), Pune (8% share), Chennai (7% share), and Hyderabad (7% share) were along among the top locations hiring freshers.

Salary trends for freshers as per foundit

Across segments, the Recruitment/Staffing (22% share) industry held the highest demand share for entry-level professionals. Among the top 5 industries were also IT-Software, Software Services (19% share), BPO/ITES (10% share), Education (5% share), and Healthcare (4% share). Recruiters in Indian IT are particularly on the hunt for tech talent adept in skills related to cloud computing, data science, artificial intelligence, and cybersecurity. However, soft skills, communication, problem-solving abilities, and critical thinking abilities are also considered important.

Indian IT hosts maximum demand for interns

As per Zuno by foundit, a platform for quality paid internships, nearly a third of the total internship opportunities on the platform are for roles in the IT-Software, Software Services (35% share) industry. Considering the constant need for upskilling in Indian IT, internships have proven to be a rewarding learning opportunity for students to familiarize themselves with industry-ready skills. Other industries with a large number of internship postings include Recruitment, Staffing (13% share), Retail (8% share), Advertising, MR, PR (7%) share), and BFSI (5% share).

Across locations, the highest demand for interns was reflected in Delhi/NCR (31% share). This was followed by Bengaluru (16% share), Mumbai (12% share), Pune (9% share), Hyderabad (8% share), and Chennai (7% share).

About foundit - APAC & Middle East 

foundit, formerly Monster (APAC & ME), is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has been assisting over 70 million registered users to find jobs, upskill, and connect with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in the world of recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalised job searches and precision hiring. foundit strongly believes that a job title does not define one’s potential and leverages technology to dig deeper to curate opportunities central to the needs and aspirations of each user.

About ZUNO by foundit

Zuno by foundit is India’s leading platform for students and freshers to find paid internships and jobs. The platform offers well-curated verified jobs and internships by top companies in India. Zuno’s vision is to enable every student on their journey from college to placement and help them find the best possible first job, complementing their academic journey with real professional experience. The platform offers a variety of roles in functions ranging from Sales and Marketing to Program Management, Software Engineering, and Non-Profit.

To learn more about Zuno by foundit, visit: zunoworld.com

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