NRI alert: Job boom in India; professions in demand

Most Indian expats in the UAE are happily working here and remitting an ever increasing amount of money home. But even if a relocation is not on their mind, they may be pleased to know that opportunities back home are increasing not just in number, but also in terms of the packages on offer.

According to a new report by RecruiteX, a jobs index by TimesJobs.com, the Indian job market is scaling new highs with the IT/Telecom industry writing its strongest growth story ever.

The index recorded a 14 per cent increase in September 2014 over August 2014. For the nine-month period from January to September 2014, there has been a 21 per cent increase in demand for IT/Telecom professionals.

The survey highlights that demand for senior IT professionals has witnessed a remarkable surge. “The hiring pattern is strong across all levels in the IT/Telecom industry,” the survey states, adding that this is the best time for senior IT professionals to look for a job.

“Job opportunities have doubled for senior IT professionals with over 20 year experience, with a 67 per cent increase from January 2014 to September 2014 period. IT professionals with 10-15 year experience reported a 20 per cent increase during the same period,” the survey maintains.

As per the data, software engineers, application programmers, database administrators (DBA), graphic designers/animators/web designers and project leaders/project managers are the hottest jobs in the IT industry.

Besides IT and telecom, the strongest growth sector, the spillover can be seen in other industries as well.

For example, IT-enabled services (ITeS) and business process outsourcing (BPO) industry reported an 18 per cent increase in job postings in September 2014.

Sectors such as banking & financial services, retail, healthcare, pharmaceuticals, and biotechnology are also witnessing an increase in demand for professionals and thus new jobs are being advertised and vacancies filled up.

Manufacturing-driven sectors such as manufacturing, engineering, automobiles, auto components, consumer durables, FMCG and projects/infrastructure are also showing promising growth year-over-year.

Demand for research and development professionals is also on the rise. This particular area has seen a 27 per cent growth in jobs in September 2014. The demand ripples can be felt in HR/training and administrative areas as well. Customer-centric profiles such as customer service and marketing & advertising are also in demand.

Another survey by the same company released in summer (July 2014) stated that 50 per cent of employees in India are dissatisfied with their jobs.

As per this July study by TimesJobs.com, half of Indian employees in various cities across the country are not satisfied with their jobs. These employees are satisfied with their current pay packages but are unhappy with other job-related factors that can take a toll on any professional, such as work hours, work-life balance, etc.

Long working hours seems high on their list of grievances. The study reveals that nearly 52 per cent employees are not satisfied with their current working hours. Employees polled say they are working over 40 hours a week and it’s not something they like.

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