Online hiring in India rose by 19% year-on-year in May, registering the highest growth since February last year, a survey says.
According to job portal Monster.com, online recruitment has registered consistent improvement as compared to the year ago period since the start of this year.
"There is a great deal of overall sanguinity around the new government to revive the economic momentum and constructing an investment friendly environment enabling creation of new jobs," Monster.com managing director (India, Middle-East, South East Asia) Sanjay Modi said.
However, on a month-on-month basis, the index remained unchanged in May over April.
The Monster.com employment index rose by 24 points (19%) to 151 in May, from 127 in the same period last year, signalling that employers are optimistic about their hiring plans.
"With a 19% growth in the overall hiring activity which has been the highest since February 2013, Monster Employment Index reflects business optimism," Modi said.
Year-on-year, online recruitment activity exceeded in 16 of the 27 industry sectors monitored by the index, and media and entertainment industry registered the highest growth (59%).
Meanwhile, online demand expanded all 13 occupation groups monitored by the index, and the demand for senior management continued to chart dramatic annual growth.
The group witnessed 61% growth in opportunities between May 2013 and 2014 to lead all occupation groups year-on-year, the report said.
A city-wise analysis shows that, online opportunities exceeded the year-ago level in all 13 cities monitored by the index and Bangalore (up 37%) once again led all monitored cities by the way of long-term growth.
Bangalore was followed by Mumbai which registered a 27% growth in opportunities between May 2013 and 2014.
Delhi-NCR, Hyderabad and Chennai recorded 20%, 19% and 17% growth respectively. Chennai exhibited a double-digit growth for the first time since April 2013.
According to job portal Monster.com, online recruitment has registered consistent improvement as compared to the year ago period since the start of this year.
"There is a great deal of overall sanguinity around the new government to revive the economic momentum and constructing an investment friendly environment enabling creation of new jobs," Monster.com managing director (India, Middle-East, South East Asia) Sanjay Modi said.
However, on a month-on-month basis, the index remained unchanged in May over April.
The Monster.com employment index rose by 24 points (19%) to 151 in May, from 127 in the same period last year, signalling that employers are optimistic about their hiring plans.
"With a 19% growth in the overall hiring activity which has been the highest since February 2013, Monster Employment Index reflects business optimism," Modi said.
Year-on-year, online recruitment activity exceeded in 16 of the 27 industry sectors monitored by the index, and media and entertainment industry registered the highest growth (59%).
Meanwhile, online demand expanded all 13 occupation groups monitored by the index, and the demand for senior management continued to chart dramatic annual growth.
The group witnessed 61% growth in opportunities between May 2013 and 2014 to lead all occupation groups year-on-year, the report said.
A city-wise analysis shows that, online opportunities exceeded the year-ago level in all 13 cities monitored by the index and Bangalore (up 37%) once again led all monitored cities by the way of long-term growth.
Bangalore was followed by Mumbai which registered a 27% growth in opportunities between May 2013 and 2014.
Delhi-NCR, Hyderabad and Chennai recorded 20%, 19% and 17% growth respectively. Chennai exhibited a double-digit growth for the first time since April 2013.