Monday, November 30, 2020
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

What they never told you when they said India was the worst performing emerging economy

India’s economy contracted by 23.9%. For comparison, Brazil’s GDP contracted by 11.9% and Russia’s GDP by 8%. So, did they really do better than India?

Assam closes down temporary Covid-19 care centres, gears up to reopen elementary schools as pandemic gets under control

Assam has been witnessing reduced cases of Covid-19 with recovery rate of 98 per cent and the death rate of 0.46 per cent

Shiv Sena to organise Azaan recitation competition, party leader calls it as important as ‘Maha Aarti’

Shiv Sena is to bear the cost of the event and will also reward the contest winners.

Chinese foreign ministry shares a fake image of Australian soldier murdering an Afghan child; PM Scott Morrison demands apology from Beijing

The fake image was shared in the wake of a report on war crimes committed by Australian forces deployed in Afghanistan

’Is that a water bottle?’: AAP candidate Asra Fatima’s poster for Hyderabad municipal elections has netizens in splits

In a true show of patriarchy, the women's identity of AAP candidate in GHMC polls is reduced to being a wife of party member.

Indian Idol contestant reveals how she faced opposition from conservative Muslim society as singing is ‘not allowed’

The Indian Idol contestant revealed how women in her society are looked down upon if they try to excel in any field.

Recently Popular

Wife of late Wajid Khan writes on her sufferings in an inter-faith marriage, says anti-conversion law should be nationalised

Wife of late music composer Wajid Khan wrote how her husband and his family had been forcing her to convert to Islam after their marriage

Actor Deep Sandhu disappoints Barkha Dutt after she provides platform to ‘distance himself’ from OpIndia report that he supports Khalistan

Barkha Dutt lamented after actor Deep Sidhu refused to condemn Jarnail Singh Bhindranwale and to call him terrorist on her YouTube channel

SFJ ads appear on YouTube offering $10m support for farmers, in return, wants Sikhs to join ‘Khalistan movement’: Details

Amid ongoing farmers’ protests in Punjab, Haryana, and Delhi, it is evident that Khalistani supporters have hijacked the protests and now, they are running ads on YouTube

Indian man proposes to his Australian girlfriend during Ind vs Aus cricket match, here is what happened next

While India's performance has been below par, netizens found happiness in the unusual proposal that became the highlight of the match.

‘Will not say Jai Hind, will teach lesson to Modi like we taught Indira’: Khalistani protester in presence of AAP MLA Amanatullah Khan

Sikh protester threatens to teach Modi a lesson in the save way they taught Indira Gandhi in the presence of AAP MLA Amanatullah Khan

Who is the man in farmer protest video, lying about ‘govt snatching farmland’: Profile of an actor and Khalistan supporter

Khalistan supporter Punjabi actor Deep Sidhu has been seen spreading the lie that govt will snatch farmer's land using the new farm laws

Private procurements from Adnai group helped eliminate middlemen and generate more income, reveals apple farmers from Himachal Pradesh

Apple Orchard manager Manjeet Singh Dhillon informed that Adani group had been purchasing apples from farmers since 2006.

Eight months after cutting water supply of migrants to drive them away in middle of pandemic, Arvind Kejriwal govt offers free water to protesting...

Delhi Jal Board VP and AAP MLA Raghav Chadha himself went to Burari to ensure water tankers are available for protesting farmers

‘Shaheen Bagh returns’: Netizens react as protesting ‘farmers’ served biryani at Ghazipur in New Delhi

Biryani at the ongoing farmers' protest brings back memories of the 'organic' Shaheen Bagh protests

Farmer group bats for ‘middlemen’, hails them as ‘service providers’ while scare-mongering about reforms in agriculture sector

Protesting farmers say that they are happy to pay commission to middlemen, claims new farm laws are not needed for their protection

Protests against farm laws are based on rumours and misinformation: PM Modi punctures holes in the propaganda surrounding farm laws

PM Modi noted, "The government is consistently addressing the fears and queries of farmers who are anxious about the government's decision."

Not ‘just a municipal election’, a defeat of TRS in the Hyderabad Municipal Elections will alter the political discourse of the state

Not just top BJP leaders, top TRS leaders are also campaigning hard for the GHMC elections, making it more than just a municipal election

Former PMO official from UPA era gets excited at ‘New Zealand MP supporting farmers,’ except that no MP from New Zealand supported

The former advisor to Manmohan Singh shared a Tweet by Canadian politician to claim that a 'New Zealand' MP is supporting the Punjab farmers' protest

Bijnor: Youth murdered because his brother had run away with a girl, case filed against the girl’s father Asgar and her brothers

Shivan murdered by Asgar and his sons because he was supporting his brother Sagar, who was jailed for having affair with Asgar's daughter

Odisha: BJD MLA expelled from party for links with ‘vigilance raid’ IFS officer and his son, accused of ‘anti-people activities’

The BJD MLA's daughter was scheduled to marry the corruption accused IFS officer's son in December.

What they never told you when they said India was the worst performing emerging economy

India’s economy contracted by 23.9%. For comparison, Brazil’s GDP contracted by 11.9% and Russia’s GDP by 8%. So, did they really do better than India?

Connect with us

245,563FansLike
491,178FollowersFollow
20,200SubscribersSubscribe