BANGALORE: Good news for job seekers in smaller towns! The telecom biggies are shifting their focus on the tier II and tier III cities as feasibility in hiring the required talent is comparatively lower and employee retention would cost companies big money in the metro cities. The hiring in rural areas is also expected to grow by up to 20 percent, reports The Economic Times.

GlobalHunt's Managing Director Sunil Goel said, "Tier II and III cities offer the feasibility in hiring the talent at much lower cost and retention is also comparatively higher. Though ready talent is not available in these areas, it is not difficult to train them as per the requirements of the company. So, the hiring will continue to grow in these areas—minimum 15-20 per cent higher than last year. "

Other reason for the telecom giants to opt for Tier II and Tier III cities is that these places provides a wider range of availability and decentralized approach, which best suits for business continuity plan. It also further helps these companies to manage low recurring cost in increments and physical infrastructure, which are available at much lesser cost as compared to the metros. 

Moreover, retention of employee is also becoming one of the major challenges for companies to overcome in the metro cities as high attrition inflicts, recruitment, training and development cost on are constantly effecting the growth.

Goel also added that Industries like insurance and healthcare have also been following similar routes to overcome crisis in metro cities.
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