According to the report, major cities saw growth in jobs in the month
Key industries like auto, construction & engineering and BFSI witnessed growth in recruitment activity
The domestic broking sector had significantly reduced its personnel after the global financial crisis hit in 2008. It has resumed hiring since 2015 to cater to a surge in clients, especially of high net worth individuals.However, despite the surge in the market, hiring has been much more restrained than in the heydays of 2006-07, with staffer addition at 10-15 per cent of that in 2007. Large domestic brokers are focusing on the online space, where the personnel required is much lower than in the offline one. The focus now is on upgrading of technology and moving toward automation. The traditional way of selling financial products, through 'cold calls' or sitting face to face with the customer, is declining. Trades are now mostly done online or through mobile phone applications, offering both convenience and privacy. "Our product team has changed from a brick and mortar one to a tech-driven one. Most of our product team comprises IT (information technology) engineers," said B ...
The Naukri JobSpeak index for February stood at 1,960