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Hiring Sentiments Positive in Q2 Says Board Infinity Q2 Hiring Survey

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Hiring Sentiments Positive in Q2 Says Board Infinity Q2 Hiring Survey

When the pandemic spread its wings around us, it impacted millions as they lost their job. But as the world recovers and moves ahead, the jobs are back. As per the recent report by Board Infinity’s Q2 hiring survey amongst 500 companies including IT, travel, logistics, infrastructure, real estate, e-Commerce and other sectors, there was a decrease in the number of job roles but overall, the trend has looked positive with many markets opening up. These industries include transport, logistics, banking and domestic travel industry. The gradual opening of the market and ease of restrictions are two major reasons for this positive sentiment shift.

The survey also points towards an interesting finding that says that some large companies are doing away with the college degree as a minimum requirement, but such companies are scarce in number. Citing examples, the survey mentions Infozzle Software among some other startups who have set the trend. Another positive outlook of the survey finding is that there is an increase in hiring freshers in the areas of Data Science domain. There has been an increase in jobs of Data Analyst (35 percent), Business Analyst (28 percent), followed by Data Engineer (15 percent) and Data Scientist (20 percent). Companies like AON, Anakin tech have opened up numerous openings for freshers with advanced SQL and python skill sets as the basics.

Sumesh Nair, Co-Founder, Board Infinity, said, “With the opening of Indian economy, we have seen a change in the hiring trend across the sectors. If one sees the hiring trend in Pre & Post COVID times, there has been recovery and a positive hiring intent across the sectors.”

Two sectors that continued hiring despite the COVID-19 outbreak were e-Learning and pharmaceutical sectors, which helped drive the economic growth. Together, the sectors contributed to 68 percent of the jobs in the market in the Q1 and Q2 of the Indian economy.
The brick and mortar businesses like local shops and groceries has seen phenomenal increase in the jobs for low income groups and digital marketing roles, which is due to the rise of home delivery service which created multiple jobs for people who were recently laid off due to the pandemic.