The rapid growth of the Indian economy, increase in the competitive landscape, and technological advancements have brought about a paradigm shift in the white collar job market.
The aviation industry is rapidly expanding in domestic and international travel segments. This has created a huge recruitment race in the aviation sector, with salaries increasing by 114 percent over the previous year.
The proliferation of digital financial services is playing a key role in redefining banking norms, thereby hiring such professionals.
Driven by several new projects launched in both residential and commercial sectors, real estate has witnessed a rise of 35 per cent in higher salary brackets in April 2023 as compared to last year.
The ever-increasing consumption of oil and gas products in the domestic markets has created new job opportunities, leading to a 20 percent increase in white-collar recruitment, with an increase of 38 percent.
With demand for automobile products rising, the rollout of higher-pay bracket offers saw a 31 per cent increase.
As the white-collar job market evolves and becomes more diverse, new and emerging sectors are expected to follow.