E-commerce Companies in India on a Hiring spree
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E-commerce Companies in India on a Hiring spree
Bangalore: With the e-commerce sector in India booming, venture capitalists are hoarding to invest in the bubbling sector, which has been complimented by an increasing workforce. These companies are hiring professionals across diverse sections from customer care to technical honchos and salespersons to chartered accountants. This can be seen in a similar light like the booming 2001, when funds were splurged onto startups and a lot of movement was seen in the IT sector. Indian e-commerce sector is witnessing a lot of funding activities, with companies like Flipkart, Myntra etc getting huge funds and are in an expansion mode. Many of the companies in the e-commerce segment are looking for hiring professionals from other industries, with the likes of Flipkart and MakeMyTrip bringing executives from Coca Cola and PepsiCo respectively on board. The e-commerce space has become challenging and is offering a lot of opportunities to those who want to grow their skills in diverse fields--this being an interesting domain for management students, who are rejecting big companies in order to join startups. The established of the e-commerce companies are paying fat remunerations to the tune of One to Two crores at the CEO level and entitlement to stocks; at the managerial level a person can expect around 50 lakhs. This is almost double of what people generally earn in the other sectors. There is a large demand for online executives, however the growth does not allows for organic promotions, thus the companies prefer lateral hires. Since e-commerce is a relatively new industry, the industry is on a lookout for people who are motivated and have a passion for experimenting. The young blood is what is keeping the industry gallop ahead. Many would find it a tough job, as the companies work 24x7, have long working hours, but at the same time it offers faster rankings to employees thereby being at par with other sectors. Like any industry, the need for workforce in the e-commerce domain will keep on increasing, with just the way people are engaged being changed.

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