Press Release

City release Job speak May 15 - Chennai

June 8 2015

Hiring activity in Chennai decreased by 4% in May 15&rsquo over May 14&rsquo: Naukri Job Speak Index

  • Hiring in Accounting /  Finance and IT-Hardware sectors increased by 21% and 3% in May 2015 over May 2014
  • The Auto industry witnessed a depreciation of 8% in May&rsquo15 index
  • Hiring of BFSI professionals increased by 22% in the same period

 

Chennai, June 8, 2015:
The Naukri Job Speak index for Chennai in May 15&rsquo was at 1396 as compared to 1453 in May&rsquo14, thus indicating a 4% decrease in the hiring activity. Among the key sectors in the city, BFSI has witnessed maximum growth of 53% in the hiring activity whereas Oil and Gas, Auto and Pharma recorded a decrease of 8% & 9% respectively over the same period.

Industry Sector Analysis:

  • The IT- Hardware and Software industries witnessed a Y-o-Y growth of 3% and 2% respectively in the May 2015 index
  • The Healthcare industry has registered growth of 3% whereas Pharma recorded a decrease of 9% in May 2015 over May 2014
  • Core sectors like Oil and Gas, Auto, Insurance and Real estate witnessed depreciation in May 2015 over May 2014

 

Functional Area Analysis:

  • The demand for professionals in Banking & Insurance saw a Y-o-Y growth of 22% in May&rsquo15 over May&rsquo14
  • At the same time, Pharma and IT-Software also recorded growth of 7% and 3% in May&rsquo15 index
  • The demand for professionals in Top Management depreciated by 7% Y-o-Y in May 2015
  • On the other hand, the demand for professionals working in IT- Hardware / Telecom and ITES saw a Y-o-Y decline of 9% and 14% respectively in the May&rsquo15 index

 

About Naukri.com

Naukri.com, India&rsquos No. 1 job site and the flagship brand of Info Edge introduced the concept of e-recruitment in India. Since its inception in 1997, Naukri.com has seen continuous decline while outperforming its competitors in every sphere. Info Edge was the first internet Company to be listed in India. The site enjoys a traffic share of 69% as per Comscore. Naukri.com is a recruitment platform that provides hiring-related services to corporates/ recruiters, placement agencies and to job seekers in India and overseas. It offers multiple products like Resume Database Access, listings and Response Management Tools. With more than 1, 25,000 jobs live at any point and over 38 million CV&rsquos, Naukri.com serviced over 48000 corporate clients in 2013-2014. The company employs over 3100 people operating through 56 offices in 42 cities in India and overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain.