Big Hiring in Banking, Financial Services, Insurance this Year: Report
Thiruvananthapuram: The growth in hiring in the banking, financial services, insurance, KPO and ITES sectors is expected to be 10-15 per cent more this year, compared to last year, says the India Hiring Intent (IHI) published as part of the India Skills Report-2018.
However, hiring in IT sector along with hardware, consumer goods and durables and core (Oil and Gas, Power, Steel and Minerals) sectors is expected to be ‘moderate’ this year with just 0-5 per cent increase.
IHI reported that 49 per cent employers were optimistic about conducting the hiring process this year. The findings were based on a survey involving more than 120 employers across 12 industries. While 25 per cent of employers said that there would be no change in hiring this year, 26 per cent expressed the sentiment that there would be no hiring at all. The most negative sentiment regarding hiring was expressed by companies with 0-500 employees and 1,001-5,000 employee size.
As per IHI report, the top three skills mentioned by the employers include domain understanding, adaptability and positive attitude.
The report says that when the employers were asked about which key skills would they be hiring for in future, they pointed out data analytics, Artificial Intelligence, concept design (hardware & software), robotics and cognitive technologies, virtual reality and Research and Development.