Significant Increase Of 45% In Freshers Hiring In 2022 with IT and E-Commerce: Spectrum Talent Report

Spectrum Talent Management, reported a positive inclination towards freshers hiring amongst Indian corporates. Compared to last year, there has been an increase of 40%-45% in freshers hiring. 

There are varied reasons for such an upward hiring trend for freshers. As freshers generally come on board with a newer outlook towards exposure and opportunities, it is easier to train them as per the goals and requirements of the company. Also, hiring quality freshers helps to create a ready pipeline for future industry demands as tomorrow’s laterals. 

Though every industry is hiring freshers, the IT and Ecommerce players are leading recruitment with the maximum number of freshers hiring. Over the coming quarter, it shall be up by a spike of 15% as compared to the first half of the year. Students with B.Tech/B.E. degrees easily take over 35%-40% of the hiring pie. Besides educational background, employers are also looking at candidates with proven soft skills. A candidate with better soft skills is expected to win the race as compared to others, even if it means a certain amount of compromise for domain knowledge.

Sharing his insights on the current freshers hiring trend, Sidharth Agarwal, Director, Spectrum Talent Management further added, “Hiring freshers has been a constant norm over the years. The only change has been the proportion of hiring for freshers over the years. In the aftermath of the pandemic, it has significantly increased. The fact that freshers can be easily moulded and trained helps the company have the groundwork done per their needs. With many immediate advantages a fresher brings to the table, we can expect freshers hiring to go up for the next quarter too”.