Intent to hire freshers in the Media & Entertainment Industry saw a decrease of 3% in January

• Intent to rent freshers within the Media & Leisure business stands at 18% for January-June 2024, a 3% drop from 21% in July-December 2023

• There was an total 6% enhance in brisker hiring intent throughout industries for the primary half of 2024

• High roles in demand embrace Video Editors, Manufacturing Assistants, and Unity Builders, requiring expertise in video creation, modifying, and sport growth

The just lately launched ‘Profession Outlook Report HY1 (January-June 2024)’ by TeamLease EdTeach factors out 3% a decline in its intent to rent freshers within the Media & Leisure business, bucking the general upward development throughout many different sectors. Whereas the general intent to rent freshers rose 6% year-on-year, the report reveals a dip within the hiring outlook for the media sector.

Key insights:

• Intent to rent freshers within the Media & Leisure business stands at 18% for January-June 2024, down from 21% within the earlier half-year (July-December 2023).

• This determine stays unchanged from the January-June 2023 interval, indicating a pause in brisker hiring momentum for the sector.

• Roles like Video Editor, Manufacturing Assistant, Unity Developer, website positioning Government, and Graphic Designer are in excessive demand, requiring expertise in video creation, modifying, sport growth, and digital advertising and marketing.

• Delhi (27%) leads the demand for Video Editors, whereas Mumbai (25%) tops for Unity Builders.

Hiring tendencies in media and leisure additionally revealed various preferences for job roles throughout cities. As an illustration, Delhi dominates in video modifying with 27%, whereas Bangalore leads for manufacturing assistants with 23%. Mumbai and Delhi are high selections for Unity builders, capturing 25% and 21% respectively. Chennai stands out for website positioning executives with 21%, and Mumbai stays a hotspot for graphic designers at 19%.

However even smaller cities like Indore at 17% have demand for video editors, Coimbatore at 16%, Kochi at 11% wants Manufacturing Assistant. Town of Nagpur with 15% mirrored demand for Unity Builders. Pune with 19%, Kochi with 13% wants website positioning expertise. Lastly, Chennai with 15% and Kolkata at 10% has demand for Graphic Designers.

“The Media & Leisure sector appears to be consolidating its brisker hiring efforts, at the same time as different industries capitalize on the optimistic financial sentiment,” stated Shantanu Rooj, Founder and CEO of TeamLease EdTech. “This may very well be attributed to elements resembling evolving enterprise fashions, technological disruptions, and altering shopper behaviors. Nevertheless, it’s essential to notice the emergence of optimistic indicators inside Indian World Functionality Facilities (GCCs), suggesting the beginnings of a restoration section. Whereas sectors are presently adjusting their workforce dynamics, this phenomenon may be seen as momentary, with the potential for hiring actions to normalize as sectors realign their development methods and operational wants.”

On the hiring dip in Media and Leisure, Jaideep Kewalramani, Head of Employability Enterprise and COO, TeamLease Edtech shared, “Regardless of fluctuations in hiring, the media and leisure business stays vibrant, brimming with potential. Whereas present tendencies might paint a brief image of restraint, these are the precise moments that breed innovation, creativity, and resilience, shaping the way forward for storytelling. With the appearance of AI automation and the rise of AI-augmented human roles set to remodel workflows, freshers want specialised programs which can be in sync with these rising applied sciences.”

The survey covers 526 small, medium, and huge corporations throughout 18 industries throughout India. The protection is unfold throughout 14 geographical areas [metros, tier-1, & tier-2], reflecting the hiring sentiment.

For extra insights and the whole report, please go to /www.teamleaseedtech.com/reports/career-outlook-report-jan-jun-2024.html

About TeamLease Edtech

TeamLease EdTech is India’s main studying and employability resolution Companies firm. It helps universities launch, run and handle their very own On-line Applications, helps Institutes enhance the employability of their college students by means of apprenticeship applications, and it helps corporates construct expertise provide chains. TeamLease EdTech has an unique partnership with 60 of India’s largest Universities throughout 16 Indian states, it trains 6.5 Lakh college students on their platform by means of 9 Indian languages and works with 1500 corporates of their upskilling/skilling initiatives. Its Digivarsity platform is India’s first multi-university Profession and Diploma discovery platform.