Home Economy and Finance Leading job website, 'Naukri', releases survey of recruiters, predicts 20% increase in hiring between January and June 2019

Leading job website, ‘Naukri’, releases survey of recruiters, predicts 20% increase in hiring between January and June 2019

Contrary to the clamour raised by Opposition Parties, employment opportunities look quite optimistic for the next 6 months

Naukri.com, one of India’s premier job portals, has published the findings of its Hiring Outlook survey which depicts a very bright scenario for employment opportunities in the country between January to June 2019.

The report states, “The survey represents a very optimistic outlook for hiring in the
coming six months. The survey saw participation from 3310 recruiters across the country. 84% recruiters surveyed are anticipating an increased hiring activity which observes a 20% increase in comparison to last year.”

The report also quotes Sumeet Singh, Chief Marketing Officer, InfoEdge India Ltd., as saying, “The Hiring Outlook highlights positive hiring sentiment among the recruiter
community with both replacement hiring and new jobs creation taking place simultaneously in the first half of the year. Key industries have continued to show growth. The same has been demonstrated by the Naukri JobSpeak. The momentum gained for recruitment is likely to continue into the new year.”

- Advertisement - - Article resumes -

The survey states that 56% of the recruiters are expecting both new job creation and replacement hiring. It says, “In the first half of the year, growth coming from both new job creation and replacement hiring are being anticipated by 56% of the recruiters while another 12% of the recruiters surveyed said only replacement hiring will take place. The industries that might drive this wave of optimism are IT, BFSI and BPO.”

Almost half of the recruiters surveyed expect recruitment to be highest in Sales & Marketing followed by IT-Software functional areas. One-fourth of the recruiters also remarked that hiring will be high in Operations, HR and Account domains. The optimism in employment opportunities is further emphasized by the fact that only 1% of the recruiters surveyed expect layoffs.

Interestingly, there’s some concern among the recruiter community about the availability of adequate talent. The report states, “42% recruiters predict that the issue of talent crunch could intensify in the next six months. Another 31% of the recruiters said that the although talent crunch will continue, the intensity would be the same as the last six months. The maximum talent crunch is expected to be in the experienced band of 3-5 years.”

On the issue of increment, one-third of the recruiters surveyed believed that increments would be anywhere between 10-15%, 15% of the recruiters expected it to be between 15-20% while 16% reported that increments would be above 20%.

Regarding the rate of attrition, that is, the rate at which employees left the organizations they worked in, the report states, “14% of the recruiters had predicted attrition between 20% – 40% in the last Hiring Outlook Survey., this has halved to 7% in the current Outlook. 50% of the recruiters surveyed maintain attrition between 5% – 15%. For those who forecasted attrition, they suggested that maximum impact would be seen in the entry-level band of 1-3 years. Recruiters foresee functional areas such as – Sales & Marketing and IT Software to have a higher rate of attrition.”

Thus, contrary to the clamour raised by Opposition Parties, employment opportunities look quite optimistic for the next 6 months. The conclusion from the Naukri.com survey is that if a person has the required talent, his chances of getting hired are much higher now than it was earlier.

Share This Post With Your Friends & Fans:
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Most read articles recently

Sri Lanka attacks

Sri Lankan millionaire’s family was an ISIS cell: Suicide bombers shatter shameless excuses peddled by ‘liberals’ to justify Islamic terrorism

All over the world, the terrorist attacks by radical Islamists is immediately served with long and extensive excuses about how social ills, discrimination, poverty, hardships, and atrocities lead to terrorism.

Meet the Photoshop artist whose work Akshay Kumar showed to Prime Minister Modi

While mostly people have been appreciative of his artwork, suspended bureaucrat Ashish Joshi has threatened him with police complaint about his cleverly Photoshopped image

Netizens play Jagga Jasoos as Arvind Kejriwal resurfaces days after rumours of him beaten up by AAP MLAs went viral

From 'scratch marks' on nose to 'new frame of glasses', Twitterati had a field day on Kejriwal's first public appearance after a long time
If you believe Google trends, this election is a runaway win for Modi

If you believe Google trends, this election is a runaway win for Modi

It’s fairly clear: Congress hasn’t managed to get its message out.  If you ask Google Trends, this election is over. The writing is on the wall. PM Narendra Modi is all set to win

Coward, gutless, visionless, losers: ‘Neutral’ media has a meltdown after Priyanka Gandhi Vadra is not fielded as Congress candidate against PM Modi

The media first put its eggs in the Rahul Gandhi basket, and when that appeared to have holes big enough to fit chickens, they decided to pin their hopes on Priyanka Gandhi Vadra.

‘Mea culpa’: Rajdeep Sardesai finally admits Modi wasn’t responsible for 2002 and that media sensationalised the riots

Responding to a question asking whether Narendra Modi the then Chief Minister of Gujarat in 2002 was anyway responsible for the incident, Rajdeep Sardesai admitted that he personally believed that Modi was not responsible for the riots that followed after Godhra massacre.

Propagandist Dhruv Rathee mocks Manohar Parrikar’s death to score political brownie points

Earlier, too, Rathee was caught speaking the same language as that of Pulwama attack terrorist by mocking 'cow urine drinkers'

After getting Bangladeshi actors to campaign, Mamata’s TMC caught running ads in Bangladesh appealing for votes

Mamata's TMC is running as many as 13 ads on Facebook, appealing people to vote for TMC in the ongoing elections

Lok Sabha 2019: Congress not even confident of crossing 150 seats mark, Kamal Nath puts the figure at 122

Congress seems to have even stopped pretending to believe that it will win the elections and form the government.

Student group of TISS demands scrapping of awards like Gold medal as it ‘upholds concept of merit’

TISS student group expressed 'solidarity' with the Student Action Committee that was evidently spearheading a campaign against the provision for awarding 'Gold medal', 'Silver medal', 'Best Student' and 'Best Dissertation Award'. 

Latest articles

Connect with us

157,558FansLike
130,771FollowersFollow
55,426SubscribersSubscribe

Don't miss these

Share This Post With Your Friends & Fans: