“Finally gender gap in employability is improving with Indian digital revolution. One great structural change that we found is that women participation is higher than the previous five years. Women consist of 36% of the workforce, while men comprise 64% of all workers,” said Nirmal Singh, Founder & CEO, Wheebox.
The highest percentage of women in any sector was recorded in the banking and financial services industry (BFSI) making up to 46% of the employable talent in this industry. “The trend is one of the most positive one for the future, especially with the work from home possibilities,” Singh added.
The findings, which is a part of the India Skills Report 2021 by Wheebox, in partnership with Taggd, CII, AICTE, AIU and UNDP, shows that the gender gap in employability has been improving with the digital revolution in India.
The Wheebox National Employability Test (WNET) survey sheds light on the employability of the youth of India. Some of the key dimensions assessed during the survey were business communication, critical thinking and numerical reasoning.
The India Skills Report on the talent demand and supply in post-Covid India shows that Delhi-NCR, Orissa and Uttar Pradesh have the highest pool of employable talent in the country.
The study revealed that 45.9% of the youth were considered highly employable resources.
The India Skills Report, a combination of an assessment of final year candidates across India, who appeared for the Wheebox National Employability Test (WNET) and 150+ corporates across 15 industries who participated in the India Hiring Intent survey, also found out that candidates from Maharashtra, Tamil Nadu, Uttar Pradesh and Karnataka had the most of the resource pool with most of the employable talent while Hyderabad, Bangalore and Pune were the cities with most employable talent.
The study showed improvement in hiring intent across companies to 19% in 2021 as compared to 10% in 2020, a clear reflection of the positive changes in the job landscape this year.
India will be hiring most in the banking & financial sector along with IT and ITeS led businesses, closely followed by the health sector, automotive, retail segment, logistics and core Sector including energy. While digital connectivity and internet based business will remain the most important base for hiring and expansion, the job markets will be led by states like Delhi-NCR, Karnataka and Maharashtra.
The report also pointed out the courses most in demand in 2021, will be B.Tech and MBA with an employability score of 47% with B.Com, BA and B.Pharma candidates considered among the next set of highly employable resources.