BFSI top sector in hiring; 60% rise in hospitality related jobs: Teamlease

economictimes.indiatimes.com:

Ramani Dathi, CFO, Teamlease Services, says “right now, maximum hiring is happening in the BFSI sector and here we are also seeing 100% attrition trends as well. So, there is a very high churn rate. There is a high demand for open positions, but again, given the 100% churn rate, there has been a continuous hiring and in terms of growth compared to last year, we have seen close to 20% growth within BFSI related hiring. This is both for credit card sales, customer service agents and other BFSI related jobs.”

What are the trends that are picking up? We know that sector-wise there is a great boom in travel, hospitality. Also, in terms of the World Cup, the rush that has come in over there, a festive season rush as well. Are the trends limited to that or does it seem like something that would continue in terms of hiring intent in these sectors?
No, it looks like the trend might continue.

This is definitely the peak of it. But we believe that post Covid, there has been a consistent increase in the formal jobs for hospitality and tourism and also the business-related travel jobs as well, not just leisure travel. The business travel part of it will continue to grow.