Fireworks start in job market ahead of Diwali
Job openings are at a new high and the competition for talent - especially those in technology - is at a level not seen in many years, more than half-a-dozen recruitment firms and job sites told ET
Source | economictimes.indiatimes.com | Sreeradha Basu
Ahead of Diwali, the Indian job market is seeing a record bounceback from Covid-19 lows on the back of increased business optimism, economic recovery and mass vaccination rollout.
Job openings are at a new high and the competition for talent – especially those in technology – is at a level not seen in many years, more than half-a-dozen recruitment firms and job sites told ET.
Mandates are up by a minimum of 15-25% compared to pre-Covid levels and at the top end, they have more than doubled, according to firms including Randstad India, ABC Consultants, Antal India, CIEL HR, TeamLease Services NSE -3.33 % and data from job site Indeed.
“This frenzy is something we haven’t seen in the last two decades,” said Sanjay Shetty, director – professional search & selection and strategic accounts at Randstad India.
