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Telangana factor has not impacted job recruitments

Posted On: 04/11/2011      Updated On:
Monster India, a leading online recruitment portal, has said the ongoing agitation for separate Telangana in the State has not impacted job recruitment so far. The promoters of the leading website are, however, cautiously watching the situation as any disruption in services could impact the business. “We cannot ignore the developments. The ongoing agitation has not had any impact so far, but there is a concern,” Monster India managing director Sanjay Modi said at a press conference here on Thursday.

Mr. Modi was here on Thursday to announce the launch of ‘Monster College', a pan Indian hiring initiative, aimed at providing seamless connectivity between professional colleges and employers. As a first step in this direction, the portal had signed an agreement with Syntel. A leading IT and BPO firm, for help in sourcing the right talent from close to 2,000 engineering colleges across the country. He said the Hyderabad job market had not shown any declining trend in spite of the developments. The city had in fact witnessed positive growth trend in the job market, especially IT, IT enabled services and manufacturing segments.

On the recruitment market, he said though there was no impact of the slowdown on the segment which registered 12 per cent growth, the companies appeared cautious as they were not clear on the developments in the United States and the United Kingdom. While there was no impact of slowdown on the employment segment, there was no let up in the attrition levels to which stood at 4 per cent a month, he added.
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