Good news for the youth, 50 thousand jobs will be available in the banking sector in 6 months - Newztezz Online

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Friday, August 18, 2023

Good news for the youth, 50 thousand jobs will be available in the banking sector in 6 months


According to the estimates of TeamLease, the way the demand is increasing in the banking sector, to meet it, work force is going to be required in the coming days. According to the agency's estimate, 50 thousand jobs will be available for the youth in the next 6 months.

Due to the increase in consumer expenditure and confidence in the economy, there is a boom in credit card sales, personal finance, retail insurance in the banking, financial services and insurance i.e. BFSI sector. According to a report by TeamLease, due to which around 50,000 temporary jobs are expected to be generated in the second half of 2023.

Try to see from the perspective of BFSI sector, during the festive season, the demand for temporary workers is not only in Tier-1 cities like Ahmedabad, Pune, Bangalore, Kolkata but also in Kochi, Vizag, Madurai, Lucknow, Chandigarh, Amritsar, Bhopal, Raipur. Like Tier-2 and Tier-3 cities have also seen steady growth.

Jobs will come in next 6 months

Krishnendu Chatterjee, Vice President and Business Head – BFSI, TeamLease Services, said that as credit card transactions are on the rise, personal finance applications are on the rise, and India's digital payments scenario is flourishing, we expect I am looking at a dynamic job market. In the last two months, we have seen approximately 25,000 job openings for temporary staffing posts, and we expect this number to grow in the coming months. The report further states that the BFSI sector is witnessing a spurt in recruitment to meet the increased consumer activity during this festive season.

How much salary are you getting

Also, the earnings of temporary employees in these positions have increased by 7-10 percent as compared to last year. According to a TeamLease report, the package for an on-the-feet post is Rs 20,000 to Rs 22,000 in Delhi, Rs 16,000 to Rs 18,000 in Kolkata, Rs 20,000 to Rs 22,000 in Mumbai, Rs 18,000 to Rs 20,000 in Chennai and Rs 20,000 in Bangalore 22,000 to Rs. ,

How workforce needed?

Chatterjee said that in the festive season, the banking and financial services sector is actively looking for skilled and customer-centric workforce to augment their workforce. His expertise in time management and delivering a high level of customer service will enable him to handle credit card applications and increase sales, personal loans, thereby contributing to the company's success and customer satisfaction. The demand for credit cards, personal loans and insurance products is expected to increase during the festive season.

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