Latest News | Majority of Companies Planning to Recruit This Fiscal: Report

Get latest articles and stories on Latest News at LatestLY. Job postings for small and midsize businesses (SMBs) have witnessed record highs in the last five months, and about 70 per cent of companies are actively planning to recruit this financial year, a report said on Tuesday.

Mumbai, Jun 13 (PTI) Job postings for small and midsize businesses (SMBs) have witnessed record highs in the last five months, and about 70 per cent of companies are actively planning to recruit this financial year, a report said on Tuesday.

The report by jobs and professional networking platform apna.co said it has witnessed a substantial upsurge in SMB job postings from January to May 2023, with around 300,000 jobs listed on the platform.

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About 70 per cent of SMBs in India are actively planning to recruit full-time professionals for key areas like business growth and expansion, HR, accounts and sales, it added.

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This report was based on job postings on the Apna platform from January to May in comparison to the same period last year.

In terms of cities, the report further stated that Jaipur and Lucknow exhibited a high demand for Tele-calling roles, while Bhubaneswar and Kochi sought after business development professionals.

In Ahmedabad, accounts and finance expertise was highly sought after, it added.

The job postings are across all levels reflecting diverse organisational needs.

"We have consistently prioritised the creation of equal opportunities for everyone, and it is heartening to witness the remarkable surge in job postings across diverse sectors by SMBs, especially from cities beyond tier II.

"This trend exemplifies the rapid growth and potential of SMBs in contributing to India's 5 trillion dollar economy,” apna.co-founder and CEO Nirmit Parikh stated.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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