Over 58% Employers Across Sectors Keen To Hire Talent For Sales Roles: TeamLease

With a 7 per cent growth in intent-to-hire sales emerges as the most sought-after role in the current quarter, according to the TeamLease Employment Outlook Report. 

The near 10 per cent growth in Gross Domestic Product (GDP) in the current fiscal coupled with fewer supply disruptions, opening up of the pent-up demand both in the traditional and contact-intensive services as well as the buoyancy in the global economy are having a positive impact on hiring states, as per the Report. 

"There is a 3 per cent point growth in the overall intent-to-hire in the current quarter. The biggest gainer of this positive sentiment is the sales function. More than 58 per cent of the employers from across the sector are keen to hire talent for sales roles. In fact, out of the 21 sectors reviewed, sales are the most sought-after roles in 4 sectors (more than any other role) for the period October- December, 2021. The other sought-after functions are Information Technology (43 per cent of the employers) Marketing (40 per cent of the employers) and Engineering (37 per cent of the employers)."

With a hiring intent as high as 56 per cent point and a 7 per cent point growth, metros and tier 1 seem to be dominating the hiring intent from a geography perspective.  However, not as high as metros and tier 1, even tier 2, tier 3 and rural areas are also on the positive trajectory. 

Talking about the Indian hiring trend, a near 10 per cent growth in GDP during the current fiscal is propelling employer sentiment for the coming quarter. However, this comes on the back of a very low base, and sustaining a growth upwards of 8 per cent in the years to come would still be a challenge for India. 

Rituparna Chakraborty, Co-founder and Executive Vice President, TeamLease Services, said, “Robust GST & e-way bill generation, recovery of the manufacturing PMI, increasing in business activities, improvement in the industrial and service sector activity, rise in demand across sectors and the ramping up inoculation are not only positively impacting the economy but also the job scenario. Though this quarter may have seen a 3 percentage point, the larger picture is that there is a 5 per cent quarter-on-quarter growth in the hiring sentiment since January 2021, indicating that the recovery is on the right track and we would need only fast-tracking to offset the impact of the pandemic.”

From a hierarchy perspective, entry-level continues to be the preferred. Having put business operations in place with a steadily increased pace, India Inc is looking to optimize costs and this is translating into positive hiring sentiments for freshers. The intent-to-hire entry-level talent is at 34 per cent point, the report said. 

As per the report, it is not only the hiring intent that is on a positive note, even the attrition. Close to eight sectors namely Ecommerce and Technology Start-ups, Power and Energy, Telecommunications, Financial Services, Media and Entertainment, Logistics, Fast Moving Consumer Durables and Construction, and Real Estate have been successful in reigning in attrition by a significant margin as compared to the previous quarter.