Of the one million jobs that were created in India in 2010-2011, 70 percent were in the IT and BPO space despite anti-outsourcing measures taken by the US and other developed economies, shows data from the Ministry of labour and employment.
Overall 1,74000 jobs were created in the fourth quarter of last year, with 287,000 jobs in IT and BPO sector, followed by 16,000 increase in metals, 13,000 in automobile industry and 6,000 in the transport industry according to the 10th quarterly survey on “effect of economic slowdown on employment in India”.
Another study by HR firm Ma Foi Randstad stated that the top twenty companies for employment in India include Infosys, TCS, Larsen & Toubro, NTPC, ONGC, Toyota and Oracle. The survey, which covered about 10,000 respondents, reiterated that IT sector, including BPO and ITeS, were the prime choice for employment, followed by energy, consulting, consumer goods & retail and travel & hospitality areas.
On the other hand fat pay packages, a good working environment, job security and work -life balance seem to top the priority list of job seekers in India. E Balaji, the MD and CEO AT Ma Foi Randstand noted that women preferred to have their office in a good location while men were mainly looking for the financial health of companies. The survey was conducted from December to February 2011.
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