Overall Trend in Hiring Sentiment Positive - Board Infinity Q2 Hiring Summary

Overall Trend in Hiring Sentiment Positive - Board Infinity Q2 Hiring Summary

The Opening up of Transport & Logistics Industry in the 2^nd Quarter

New Delhi, November 23, 2020: Board Infinity a career exploration platform conducted Q2 hiring survey amongst 500 companies including IT, Travel, Logistics, Infrastructure, Real Estate, E-commerce sectors and others. As per the Q2 survey, it was found out that there was a decrease in the number of job roles but overall, the trend has looked positive with many markets opening up including transport, logistics, banking and domestic travel industry. The main reason being the gradual opening up of local markets in various states across India and ease of restrictions on movement.  

Another interesting trend which was observed was that some large companies are doing away with the college degree as a minimum requirement. Although the number of companies who are willing to ignore degrees as compulsory criteria are scarce. Infozzle software and other start-ups in the IT industry are some of them who have led the way for a change.

Another trend that was observed was the increasing hiring of fresher’s in the areas of Data Science domain. There has been an increase in jobs of Data Analyst (35%), Business Analyst (28%), followed by Data Engineer (15%) and Data Scientist (20%). Companies like AON, Anakin tech have opened up numerous openings for freshers with advanced SQL and python skill sets as the basics.

According to Sumesh Nair, Co-founder of Board Infinity, “With the opening of Indian economy, we have seen a change in the hiring trend across the sectors. If one sees the hiring trend in Pre & Post COVID times, there has been recovery and a positive hiring intent across the sectors.”  

E-learning and Pharmaceutical sectors have maintained their momentum in hiring since the outbreak of Covid-19 and continue to drive the growth of the economy as leaders in the market. These 2 sectors have together contributed to 68% of the jobs in the market in the Q1 and Q2 of the Indian economy.

The brick & mortar businesses like local shops and groceries has seen phenomenal increase in the jobs for low income groups and digital marketing roles. This rise has been due to the rise of home delivery which has created multiple jobs for people who were recently laid off due to Covid-19.

About Board Infinity 

Started in the year 2017, Board Infinity is a career exploration platform that creates job-ready talent for employers’ with the help of industry professionals. It aims to build a platform

for knowledge exchange of industry professionals with extremely short focussed programs ranging from 10 hours to 150 hours to make people employable in specific job roles depending on their needs. The platform has been able to provide career direction to alumni and students from 400+ universities and colleges in India residing in 200+ cities and towns across India. It is based in Mumbai and has the strength of 100 employees and more than 1200 leading industry experts on the platform.

Since its inception, the company has grown from strength to strength. The company clocked revenue growth of 400% in FY 2020 over FY 2019. The lockdown months have recorded the highest growth in terms of monthly revenue where the company grew around 30% over March numbers. Overall, the company has shown tremendous growth of 700%in FY 2019 over FY 2018 as well. 

For more information, please contact:

Manauti Walecha

9810864864