HomeNewsTrendsCurrent AffairsHiring market positive for second half of 2015: Study

Hiring market positive for second half of 2015: Study

Employees in India are planning to increase their staff strength as well as compensation levels for their current employees in the second half of the year, according to CareerBuilder India.

July 31, 2015 / 16:09 IST

Employees in India are planning to increase their staff strength as well as compensation levels for their current employees in the second half of the year, according to CareerBuilder India. As per the job portal, hiring for permanent and temporary positions are looking positive for the remaining six months of the year. As per CareerBuilder, around 73 percent of employers plan to hire full-time permanent staff over the next six months and 60 percent plan to hire temporary or contract workers in the second half of the year, the report said.

"Employers in India appear to be well ahead of their global colleagues in their hiring strategies and with just under three quarters of Indian firms looking to hire more full-time and permanent workers in the second half of 2015, the future is looking bright for Indian employees," CareerBuilder India Managing Director Premlesh Machama said. Moreover, 86 percent of employers expect to increase compensation levels for current employees in the second half. According to the survey, 68 percent employers will increase salary levels by 5 percent or more.

While, 79 percent plan to increase starting salaries on job offers over the next six months and almost six in 10 employers will raise starting salaries by 5 percent or more. In terms of functional areas, customer service and sales are the top two segments most in-need of workers in the second half of 2015. The survey noted that 46 percent of workers intend to change jobs in the next 12 months.

"While this isn't necessarily welcome news for employers, it is a good sign for the economy. If workers are looking to leave that means they have confidence in the job market and believe that another, better-suited, and potentially better-paying, position is available," he said.

first published: Jul 31, 2015 03:15 pm

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