Employment Outlook and Salary Guide 2011-12

An increase of talent at the mid-senior levels, particularly in FMCG, banking, IT and engineering sectors is expected, a study highlights

Kelly Services recently released its annual ‘Employment Outlook and Salary Guide 2011-12', a comprehensive study on the employment conditions and salaries across key verticals. 2011 has come as a relief for the Indian employees as companies doled out salary hikes in the range of 10 -13 per cent across industries. The hottest sectors to have emerged in India Inc, post the increment season are pharma & healthcare, BFSI, engineering, education and IT as per the guide. BFSI sector sees an increase in salary for senior professionals in the finance/sales and the marketing segment.

Key findings of the survey include:

1. Banking and financeThere is a constant demand for banking and finance professionals as demand for private, public banks and foreign banks is on rise. The sector demands highly experienced professionals especially in the senior management services.
2. Hot Job: Head equites,financial controllers and strategists to experience the most of salary hikes in the sector
3. BPO/call centers:  Experiencing an overall upward swing in hiring in Q1 2011, innovation and quality and process improvement will be the need to retain client base.
4. Hot Job:  Process managers will be in high demand as the focus is on process improvement and cost efficiency will be a high priority
5. Education: Senior level and middle level professionals will benefit the utmost in 2011.
6. Hot Job:  Area business manager
7. Engineering: The hiring of engineers with specific skills is on the rise, while contractual and temporary job offers continue with project cycles.
8. Hot Job: Senior level in the field projects  
9. Information Technology: Talent skilled in IT architecture and solutions continue to remain in demand as enhancements to existing systems are carried out.
10. Hot Job: IT professionals with over 10 years of experience for senior positions are high in demand; also security consultants in the junior level are to see decent salary heights
11. FMCG: FMCG companies will lead the space with increments, although these industries were not adversely affected by the recession but the need for specialists with excellent communication skills has increased
12. Hot Job: Marketing manager and national sales managers

Well Done!!