The overall hiring intent is likely to increase by 14.5 per cent in in the coming year, according to the India Skills Report 2016 by talent assessment company Wheebox, HR firm PeopleStrong and LinkedIn.
The sectors which would see maximum hiring are retail, e-commerce, BFSI, pharma, telecom, and manufacturing with an increase of over 20 per cent in the hiring numbers. BPO/KPO/ITES and core sectors may see a 10 per cent increase in hiring. Also, the consumer durables sector will double the vocational graduate hiring in comparison to 2015.
Another sector which will see a significant increase in hiring of vocational candidates is hospitality but the recruiters, however, plan to reduce the intake of diploma graduates in the overall hiring mix.
The maximum hiring activity can be seen in Maharashtra, Karnataka, Delhi, Tamil Nadu, Punjab, Gujarat, Andhra Pradesh, Uttar Pradesh and Haryana respectively. Similar to 2015, most of the recruiters in industry sectors prefer a younger workforce with about 80 per cent employers preferring to hire candidates of age 30 years and below.
Another interesting emerging trend the report highlights is that the candidates from tier 2 & tier 3 cities are highly employable with an employability level at 50 per cent compared to their counterparts in tier 1 cities with an employability level at just 30 per cent.
The report captures the insights from the employability test that was spread out to 3,000 educational campuses, assessing five lakh students across 29 states and seven union territories. The survey also reached out to over 150 employers across 12 major sectors.