Teamlease employment survey results out

Mumbai, Jul 20 (UNI) The Financial services and IT sectors were hiring people in a big way, according to a survey released here.

According to the fourth quarterly employment outlook report for July - September this year by India's largest staffing solutions organisation TeamLease Services Pvt Ltd, during Q4, companies having intention to hire in marketing and IT remained high (above 20 per cent).

The financial services sector and infrastructure reflected maximum growth, both in terms of hiring prospects and business outlook. The employment outlook growth for the quarter suggested a two per cent increase over the last quarter, while business outlook remained constant, the release said.

In Mumbai, the financial services sector, BFSI and infrastructure sectors have shown the highest growth compared to the previous three quarters. However, Mumbai also showed a decline in the IT, retail, media and FMCG sectors as well as business outlook.

TeamLease Services Vice-President Sampath Shetty said ''The financial services and infrastructure sectors have contributed towards the positive business confidence consistently over the last two quarters. We still see the challenge for Indian corporate to bridge the manpower demand supply shortfall to leverage this Indian economy growth story.'' TeamLease Services Pvt Ltd currently has over 70,000 employees on the rolls, with its presence across 464 locations with 23 offices in India, the release added.

UNI