Economic slowdown may have had a cascading effect across the industries but during this period the Pune IT sector has shown the lowest attrition rate compared to other cities. Two different surveys carried out by recruiting firm TeamLease and job portal Naukri.com claim that IT was the highest growing sector in the city.

According to the latest TeamLease report that graded various cities, Pune led the country in net employment outlook, registering an increase by seven points against Mumbai that showed a rise by only two points, even as Bangalore had a de-growth by 7 points.

“The employment outlook for the current quarter maintains its cautious optimism. We expect to see some additional increase in hiring activities around fourth quarter (January-March 2010). The industry is overall upbeat about the business and this will translate into improved hiring in the next six months. Senior level positions are opening up and gradually we will see opening at mid and entry level positions as well,” said Surabhi Mathur Gandhi, general manager, TeamLease Services Pvt Ltd.

At the segment-wise level, ITES sector is the major gainer for Pune (10 points) closely followed by IT sector (8 points).

During the last quarter and last year, Hyderabad, Chennai and Bangalore had the highest attrition rates compared to other cities. While Pune had the lowest attrition rate in last one year, Ahmedabad showed the lowest attrition rate in the last three months.

The study, that covered 495 companies, focused on employment growth potential, business outlook and hiring forecasts with relation to the location and company profile.

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