Wednesday, July 1, 2009

Filled Under:

Banks, IT/ITeS cos top employers in Q1: Study

Global demand for tech services is propelling banking and IT/ITeS sectors to emerge as the top employers in India, carving out a share of nearly 74 per cent in the total hiring plans during the first quarter of the financial year 2009-10, according to an Assocham Placement Pattern (APP) study.

The APP study on ‘Headcount Expansion Activities’ analyzed trends of jobs announced across different sectors in the first quarter of fiscal 2009-10 with the total number of headcounts being 38,460. The study focused on 8 prominent employment-generating sectors such as banking, IT/ITeS and telecom, among others.

The banking sector topped the chart with highest number of headcounts at 16,200. In the total job announcements during the study period, it’s share stood at 42 per cent.

Among the top banks with maximum number of headcount expansions, State Bank of India occupied the first position with addition of 13,000 people. The Kerala-based Dhanalakshmi Bank ranked second as it announced to double its employee strength to 2,700 by recruiting 1,300 employees during the same period. The third and fourth places were carved out by the Andhra Bank and Yes Bank, respectively. The former plans to generate 1,000 jobs in supervisory and clerical positions by 2010, and the later plans to hire 900 people in the current fiscal -- 500 for managerial level and 400 for retail service and sales.

The IT/ITeS sector was the second highest employment generator contributing 32 per cent in the total job offerings with 12,200 new hiring announced during April-June 2009.

The top company in the IT/ITeS sector with the highest number of job offerings was Wipro Technologies that announced the addition of 8,000 people by 2010. It was followed by internet products firm Directi which plans to grow its headcount to 2,000 from 500 people, within the next two years.

The telecom sector with total job announcements for 5,460 employees stood at the third position. The prominent companies hiring people for headcount expansions were Sistema Shyam Teleservices Ltd (SSTL) (planning to hire 4,500 people by 2010) and Aricent (with plans to recruit 960 human resources in the current fiscal).

The other major sectors which contributed in the total headcount announcements during Q1 FY10 were diversified (with 2,000 employees), pharmaceuticals (1,300 employees), steel (600 employees), aviation (500 employees) and consumer durable (200 employees).

0 comments:

Post a Comment

Blog Archive