The Monster Employment Index India that provides a monthly snapshot of online job demand, rose to 128 last month.
Job postings declined on an annual basis in September but witnessed a marginal uptick compared to August this year, a report said on Tuesday. There was a fall in job postings in various sectors, including media and entertainment, home appliances, shipping and marine, IT and BPO/ITES compared to September 2021. For September 2022, the Monster Employment Index (MEI) showed that there was a 4 per cent decline in hiring activities on an annual basis but a 1 per cent rise on a month-on-month basis.
'Re-evaluate your career goals and be ready to embrace challenges. ' 'Work thoroughly on your resume by highlighting the key skills and major areas of work.' 'Check and apply for jobs posted by employers regularly.' 'Stay positive.'
Hiring activity witnessed a 6 per cent year-on-year growth in March this year, supported by a rebound in economic activities and led by sectors such as banking and telecom, according to a report. However, there was a marginal dip of 2.4 per cent in hiring activity as compared to February, owing to the appraisal season, according to the Monster Employment Index (MEI). "Two years into the pandemic, it is heartening to see that the Indian economy has overcome setbacks and challenges with hiring momentum exceeding pre-COVID levels by 6 per cent this year compared to 2020," Monster.com, a Quess company, CEO Sekhar Garisa noted.
Job postings activity in April witnessed 3 per cent decline sequentially as the country is hit with the second wave of the pandemic leading to lockdowns, according to a report. The data indicates that the employment index saw a decline in job posting activity in April compared to March, by 3 per cent, according to the Monster Employment Index. The overall job postings also witnessed a decline of 4 per cent year-on-year as of April 2021, compared to April 2020.
IT services sector has a huge gender pay gap of 34 per cent.
With a median gross salary of Rs 341.8 per hour, the IT sector in India has emerged as the most lucrative sector in India, followed by finance where employees get Rs 291 per hour.
Monster India launches Monster Salary Index, in association with paycheck.in and IIM-A as research partner.
Temporary staffing industry is likely to employ nine million people by 2025.
How to make the most of an opportunity and land yourself a job
Challenge of holding on to a good workforce and keeping employees motivated doesn't go away in a slowdown.
In IT, male supervisors out-earn their female counterparts.
Dubbing terrorism emanating from across the border as "Frankenstein's monster", India on Thursday said Pakistan has not taken enough steps to control the menace, which is out to harm it.
The median gross hourly salary for men in India in 2018 stood at Rs 242.49, while for women it stood at around Rs 196.3.
The banking, financial services and insurance was the highest paid sector
Recession might have been the buzzword casting a gloomy spell over the job market with salary cuts being the norm, but it seems that things are brightening up, if the recent survey by a global recruiting firm is anything to go by.
Thirty-five thousand unique and live jobs - that works out to 90,000 openings across cities.
With options in the job market growing and the economy booming, as many as 51 per cent of the working population is looking for newer career options despite having a stable and secure job, a survey has revealed.
Hiring activities pick up in December.
Online activity grew in January on improved markets sentiment.
More than a decade after it entered the market, Naukri.com, Info Edge (India) Ltd's recruitment services portal, has about 50,000 customers and about 120,000 job listings.