Key Highlights

  • Home Appliances leads all monitored industry sectors followed by Banking/ Financial Services, Insurance and FMCG industry.
  • E-commerce sector weakened recruitment activity in July as demand eased 1% below the year ago level.
  • Mumbai was the only tier-I city to exhibit double-digit annual growth in e-recruitment activity.

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Recruitment activity in the month of July increased in comparison to the year ago period registering ‘the highest growth in 2017,’online recruitment website, Monster India said in a report on Friday.

“Online recruitment activities in the month of July 2017 registered 13% year-on-year growth. This is the highest growth recorded this year,” the report said.
 
Demand for sales and business development professionals registered the highest annual growth, up 29%.

“Sales & Business Development (up 29 %) professionals saw the steepest annual growth in demand even this month; the growth rate was realistically stable at June level. Month-on-month demand increased by 5% and surpassed the three-month and six-month level by five percent and 12% respectively,” the report added.

Next to follow were human resources and admin jobs which were up 3% and marketing and communications professional jobs, which were up 8% on a year-on-year basis.

Image Source: Monster India report

Monster India said they monitor 27 industry sectors e-recruitment activity.

“Online recruitment activity in e-commerce sector weakened this month. Demand eased one percent below the year ago level. The sector also witnessed fewer opportunities on the month by five percent and matched the three-month ago level,” the report said.

Banking, financial services and insurance sector was listed with a 43% YoY growth in e-recruitment activity, which was the second highest after home appliances sector which was up 49% YoY.

“Banking, Financial Services and Insurance sector has moved to a higher growth trajectory owing to digital disruption,” Sanjay Modi, Managing Director, Monster.com, APAC & Middle-East said.

Monster India monitors e-recruitment activity in 13 cities. Geographically speaking, Mumbai was the only tier-1 city to register a double digit growth in e-recruitment activities, the report said in comparison to Bangalore, Chennai and Delhi. 

“Kolkata (up 45 percent) registered the steepest annual growth in hiring yet again; the growth rate paced up from 40 percent in June 2017,” the report said.