SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 09 Jul, 2024  

Employee generic THMB 33 pc surge in diversity hiring, BFSI & IT sectors lead

Employee generic
   Top Stories
» 28 Indian startups raised over $800 mn in funding this week
» GST Council waives interest, penalty on notices to taxpayers under Section 73
» India's innovation ecosystem poised for exponential growth: Industry
» India's innovation ecosystem poised for exponential growth: Industry
» Overseas Indians faith grows in Indian economy with $1 billion deposits in April
IANS | 09 Jul, 2024

The country saw a 33 per cent surge in diversity hiring in June (year-on-year growth), with the banking, financial services and insurance (BFSI) and IT-software services industries leading the way, a report showed on Tuesday.

Delhi, Mumbai and Bengaluru led as hiring hubs, showcasing positive diversity hiring trends.

Overall hiring activity witnessed a 12 per cent yearly increase (June 2024 vs June 2023) and a 2 per cent monthly rise, according to the report by talent platform foundit.

Over the past six months, hiring has seen a robust 15 per cent growth in the country, reinforcing a positive outlook for 2024.

“The 33 per cent year-over-year increase in diversity hiring underscores the critical role that diversity and inclusion (D&I) policies play in shaping India's workforce today,” said Sekhar Garisa, CEO, foundit (previously Monster APAC & ME), a Quess company.

Looking ahead, “we anticipate an even deeper focus on inclusion through initiatives like mentorship and leadership programmes for underrepresented groups and bias training at all levels," he added.

Indian businesses have emphasised hiring candidates from diverse groups including women, LGBTQIA+, and persons with disabilities (PwD).

Industries that have showcased the maximum spike in diversity job postings include BFSI and IT-Software & Services (IT-ITeS) industries, with 30 per cent and 19 per cent share of jobs, respectively.

“Job ads now use inclusive language, such as registering a candidate’s preferred pronouns to avoid gender bias,“ the report mentioned.

Within the diversity hiring trend, there is also a focus on promoting women to leadership roles through mentorship and specialised training.

Other cities that offer significant job opportunities to marginalised communities include Pune, Hyderabad and Chennai, the report said.

--IANS

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
Will the Budget 2024 be MSME friendly
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter