Study reveals shocking change in the hiring trends of Indian start-ups
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A recent study conducted on This has come in opposition of the popular belief that start-ups only hire programmers or developers.
In what can be called as the boom time for start-ups, most of these new companies are climbing the ladders based on angel investments and funding. However, with time, they have also become cautious about the talent that they hire.
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The study was conducted over start-ups using AMCAT, which is the world’s most widely-taken employability test helping over two million candidates find the ‘right’ jobs every year. It is backed by state–of–the-art, adaptive assessment technology and machine learning algorithms, thus allowing adaptive, standardized and reliable measurement of generic employability skills.
Here are some of the key highlights from the study:
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· While sales workforce continues to play an integral part in the growth strategy of start-ups, non-technical roles like marketing, digital media executives, content writers and business analysts have increasingly gained relevance.
· With most start-ups being tech-driven, recruitment for technology profiles was led by web and android developer profiles.
· While Delhi, Bangalore and Mumbai continue to remain the hub of entrepreneurial activity, tier II cities like Jaipur, Indore, Lucknow, Ahmedabad and Chandigarh also witnessed an increase in start-up activity with actively hiring for various job roles.
· The hiring volume and budgets have clearly grown manifold for start-ups to be able to successfully scale and build an efficient workforce. However, only 3% of the hired manpower has been able to cross an annual compensation of more than 7 lakhs per annum.
Given below is an infographic that presents the whole picture.
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