Saturday, April 17, 2021
Home Economy and Finance Leading job website, 'Naukri', releases survey of recruiters, predicts 20% increase in hiring between...

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.”

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.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

TMC’s Derek O’Brien opposes EC’s Covid campaign restrictions, says new rules very suitable to ‘Lutyens bungalow’ residents

TMC leader Derek O'Brien criticized the Election Commission's new Covid restrictions in a press conference today.

EC extends election campaign ban before polls in West Bengal to 72 hours, no campaigning allowed after 7 PM

In view of the worsening Covid-19 crisis in the country, the Election Commission has extended restrictions on campaigning for polls

BLM co-founder attempts to defend herself from criticism over buying property worth over million dollars, netizens point out Marxist hypocrisy

BLM co-founder Patrisse Khan-Cullors has been heavily criticised recently for buying a series of properties worth millions

Shekhar Gupta’s ThePrint accuses the centre of issuing diktats to states on COVID-19, which is far from the truth

ThePrint ignores that apart from the initial nationwide lockdown, centre has given every flexibility to states on the ward against COVID-19

Rally of dead bodies, threats against CRPF, lying and scaring with ‘detention camps’ so people don’t vote: What viral audio of Mamata Banerjee means

Mamata Banerjee was heard telling TMC worker Partha Pratim Roy to organise a political rally with the dead bodies to stir public sympathy

US intelligence backtracks on Russian bounty claims, here is how media ran unfounded stories to damage Trump’s re-election bid

A June 2020 article in NYT had claimed that Russia is offering money to Taliban-linked terrorists to kill US soldiers, a claim that has now been discredited.

Recently Popular

Karan Johar’s Dharma Production fires Kartik Aryan, not to work with him again: Here is what happened

Dharma Productions said it was pushed to the wall by “unprofessional behaviour” of Kartik Aryan during shooting of Dostana 2

Aaj Tak to air public apology on 23rd April for sharing fake news on Sushant Singh Rajput, pay Rs 1 lac fine: Details

Aaj Tak has been asked by the NBSA (News Broadcasting Standard Authority) to air a public apology for fake news on Sushant Singh Rajput

Andhra Pradesh man hacks family of six including two children to avenge the rape of his daughter: Details

Andhra Pradesh police confirmed that the incident was a fall out of a old feud between the accused and the victim family

Derek O’Brien’s Clubhouse interaction exposes how TMC fears the prospect of loss in West Bengal: Three statements made and what they mean

Perhaps to fire-fight what Prashant Kishor said, Derek O'Brien appeared on Clubhouse for a short interaction with select 'liberals'.

Rally of dead bodies, threats against CRPF, lying and scaring with ‘detention camps’ so people don’t vote: What viral audio of Mamata Banerjee means

Mamata Banerjee was heard telling TMC worker Partha Pratim Roy to organise a political rally with the dead bodies to stir public sympathy

Exclusive: How Maharashtra wasted thousands of tonnes of pulses, in the middle of the pandemic, sent under PM Garib Kalyan Yojana

While the central govt gave their approval to the other states to utilise the left-over pulses, Maharashtra was left behind - Here is why
- Advertisement -

 

Connect with us

254,077FansLike
529,641FollowersFollow
24,200SubscribersSubscribe