{"id":39515,"date":"2024-07-17T20:11:46","date_gmt":"2024-07-17T14:41:46","guid":{"rendered":"https:\/\/www.foundit.in\/career-advice\/?p=39515"},"modified":"2025-09-29T12:33:44","modified_gmt":"2025-09-29T07:03:44","slug":"foundit-insights-tracker-june-2024","status":"publish","type":"post","link":"https:\/\/www.foundit.in\/career-advice\/foundit-insights-tracker-june-2024\/","title":{"rendered":"June 2024 Hiring Trends with the foundit Insights Tracker: A Promising Outlook with a Focus on Diversity\u00a0"},"content":{"rendered":"\n<p>The June 2024 edition of the foundit Insights Tracker delivers an optimistic view of the Indian job market. Over the past six months, hiring trends have shown a robust increase, signalling continued growth and opportunity. Here&#8217;s a summary of the key highlights from the report, with a particular focus on the surge in diversity hiring.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Positive Hiring Outlook<\/strong>&nbsp;<\/h2>\n\n\n\n<p>The overall hiring activity in India has shown a consistent upward trend, with a notable 12% year-on-year growth in June 2024. This positive outlook is further supported by a 15% increase over the last six months. The data reaffirms the strength of the job market and the ongoing demand for skilled professionals across various sectors.&nbsp;<\/p>\n\n\n\n<div style=\"text-align: center;\">\n<a style=\"display: inline-block;background-color: #7900c6;color: #fff;text-align: center;padding: 10px 20px;text-decoration: none;font-size: 18px;border-radius: 4px;font-weight: bold;\" href=\"https:\/\/media.foundit.in\/career-advice\/wp-content\/uploads\/2024\/07\/fit_INDIA_-June24_-2.pdf\" target=\"_blank\" rel=\"noopener\">Download June 2024 fit Report (India) PDF<\/a>\n<\/div>\n<p>\n\n\n\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object data-wp-bind--hidden=\"!state.hasPdfPreview\" hidden class=\"wp-block-file__embed\" data=\"https:\/\/media.foundit.in\/career-advice\/wp-content\/uploads\/2024\/07\/fit_INDIA_-June24_-2.pdf\" type=\"application\/pdf\" style=\"width:100%;height:600px\" aria-label=\"Embed of fit India Report June 2024.\"><\/object><a id=\"wp-block-file--media-5caa759b-4729-4f46-ac87-020369cdb300\" href=\"https:\/\/media.foundit.in\/career-advice\/wp-content\/uploads\/2024\/07\/fit_INDIA_-June24_-2.pdf\">fit India Report June 2024<\/a><a href=\"https:\/\/media.foundit.in\/career-advice\/wp-content\/uploads\/2024\/07\/fit_INDIA_-June24_-2.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-5caa759b-4729-4f46-ac87-020369cdb300\">Download<\/a><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><br><strong>Industry Hiring Trends<\/strong>&nbsp;<\/h2>\n\n\n\n<p>Several industries have demonstrated significant growth, contributing to the positive hiring landscape. The Manufacturing sector leads with a remarkable 43% year-on-year increase, driven by investments in the <a href=\"https:\/\/www.foundit.in\/search\/automobile-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Automobile<\/strong><\/a>, Consumer Electronics, and <a href=\"https:\/\/www.foundit.in\/search\/textile-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Textile &amp; Apparel<\/strong><\/a> sectors. Similarly, the <a href=\"https:\/\/www.foundit.in\/search\/construction-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Construction<\/strong><\/a> &amp; <a href=\"https:\/\/www.foundit.in\/search\/engineering-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Engineering sector jobs<\/strong><\/a> have seen a 29% year-on-year growth, fuelled by sustainability and green initiatives.&nbsp;<\/p>\n\n\n\n<p>Other notable industries include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.foundit.in\/search\/consumer-electronics-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Consumer Electronics<\/a>:<\/strong> +28% YoY&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Real Estate:<\/strong> +27% YoY&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Energy:<\/strong> +26% YoY&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.foundit.in\/search\/it-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">IT &#8211; Software &amp; Services<\/a>:<\/strong> +21% YoY&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>These sectors have bolstered the job market and highlighted the importance of sustainable practices and technological advancements in driving employment.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Functional Hiring Trends<\/strong>&nbsp;<\/h2>\n\n\n\n<p>The report also illuminates the functional areas with the highest demand. Hospitality roles have surged by 36% year-on-year, mainly due to the need for experienced leaders to manage new hotel properties and airport operations.&nbsp;&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.foundit.in\/search\/marketing-communication-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Marketing &amp; Communications jobs<\/strong><\/a> have seen a 24% increase, reflecting the growing importance of digital marketing and brand management.&nbsp;<\/p>\n\n\n\n<p>On the flip side, Sales &amp; Business Development roles have faced a 6% decline, indicating a shift towards digital sales and marketing automation.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Diversity Hiring Trends<\/strong>&nbsp;<\/h2>\n\n\n\n<p>One of the most encouraging trends highlighted in the report is the significant rise in diversity hiring. <strong>Diversity hiring has surged by 33% year-on-year<\/strong>, underscoring the growing emphasis on creating inclusive workplaces.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The <strong>BFSI sector<\/strong> leads this trend, <strong>with 30% <\/strong>of <a href=\"https:\/\/www.foundit.in\/search\/bfsi-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>BFSI job postings<\/strong><\/a> focused on diversity hires. It follows this<strong> &#8211; Software &amp; Services (19%)<\/strong>,<strong> Healthcare (6%)<\/strong>, <strong>Internet\/E-commerce (4%)<\/strong>, and <strong>Education (3%)<\/strong>.&nbsp;<\/p>\n\n\n\n<p>The report reveals that job postings now prominently feature inclusive language, specify preferred pronouns, and avoid gender bias. Additionally, a strong push exists to promote women to leadership roles through mentorship and specialised training programs.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>City-wise Hiring Trends<\/strong>&nbsp;<\/h2>\n\n\n\n<p>Geographically, Bengaluru, Coimbatore, and Jaipur have witnessed the highest hiring increases, driven by the expansion of IT and production sectors.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Bengaluru leads with a 24% year-on-year growth, followed closely by Coimbatore at 23% and Jaipur at 21%. This trend highlights the growing opportunities in tier-2 cities beyond traditional hubs.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Experience Level Trends<\/strong>&nbsp;<\/h2>\n\n\n\n<p>The demand for professionals varies by experience level. The report indicates a 2% year-on-year increase in hiring for entry-level roles (0-3 years of experience) and a notable 8% year-on-year uptick for senior roles requiring 16+ years of experience. Mid-senior level roles (7-10 years) have also seen a 7% increase, reflecting the need for experienced professionals to lead and manage teams.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About the foundit Insights Tracker&nbsp;<\/strong>&nbsp;<\/h2>\n\n\n\n<p>The foundit Insights Tracker (fit), previously known as the Monster Employment Index, is foundit&#8217;s authoritative monthly report on hiring trends in India. It analyses millions of jobs to provide a panoramic view of recruitment activity in India and delves into the hiring trends in different sectors.&nbsp;<\/p>\n\n\n\n<p>For more detailed insights and data, visit <em><strong><a href=\"https:\/\/www.foundit.in\/career-advice\/insights-tracker\/\" target=\"_blank\" rel=\"noopener\" title=\"\">foundit Insights Tracker<\/a><\/strong><\/em><strong> <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The June 2024 edition of the foundit Insights Tracker delivers an optimistic view of the Indian job market. Over the past six months, hiring trends have shown a robust increase, signalling continued growth and opportunity. Here&#8217;s a summary of the key highlights from the report, with a particular focus on the surge in diversity hiring.&nbsp; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":41954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"post-39515","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-insights-tracker"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.foundit.in\/career-advice\/wp-json\/wp\/v2\/posts\/39515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.foundit.in\/career-advice\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.foundit.in\/career-advice\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.foundit.in\/career-advice\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.foundit.in\/career-advice\/wp-json\/wp\/v2\/comments?post=39515"}],"version-history":[{"count":4,"href":"https:\/\/www.foundit.in\/career-advice\/wp-json\/wp\/v2\/posts\/39515\/revisions"}],"predecessor-version":[{"id":41957,"href":"https:\/\/www.foundit.in\/career-advice\/wp-json\/wp\/v2\/posts\/39515\/revisions\/41957"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.foundit.in\/career-advice\/wp-json\/wp\/v2\/media\/41954"}],"wp:attachment":[{"href":"https:\/\/www.foundit.in\/career-advice\/wp-json\/wp\/v2\/media?parent=39515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundit.in\/career-advice\/wp-json\/wp\/v2\/categories?post=39515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundit.in\/career-advice\/wp-json\/wp\/v2\/tags?post=39515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}