2013: It's Happy New Year for Indian job seekers, says Survey

Despite Slowdown, Indian Employers Most Optimistic This will stand out as a bright spot in an otherwise sluggish economic environment. As we usher into the New Year, despite all the gloom surrounding the global and Indian economy, employers are holding onto the India story as they intend to increase hiring by 2% over the next three months compared to the last quarter .Backed by the buoyancy in the services space, and a possible resurgence in the financial sector (see chart) Indian employers have emerged as the most optimistic, as far as hiring goes, among 41 countries surveyed by a global staffing services firm. India, Brazil and Taiwan emerged as the top three countries with the most positive hiring sentiment for next year, said the report.

Hiring intentions for the first three months of the new year are strongest in India, Brazil, Taiwan, Panama and Turkey, and weakest in Greece, Hungary and Italy, where a greater percentage of employers in these three countries are planning to trim payrolls rather than hire staff added the report. “The hiring trend is being led by the IT, banking and manufacturing sectors, especially multinationals and large national corporations, which are planning to hire aggressively in the first quarter of 2012,” said Sanjay Pandit, MD of Manpower India. The services sector will lead the pack, followed by mining and construction as well as the education/public administration industry in creating jobs in an otherwise subdued job market over the last six months.

But some other recruitment firms, which have still to come out with their projections for next year said the macro-economic situation in India will have to improve for hiring to go on an upswing like it did in second half of 2010 and early 2011. “If the budget for next year, which is to be announced by the government in February, has a lot to offer to boost sentiments then an increase in hiring will be felt immediately. Otherwise we expect sentiments to remain the same, although, there is no indication of worsening of hiring intentions,” said E Balaji, MD & CEO, Ma Foi Randstad, a staffing firm. Compared to the post-Lehman days in 2008, recruitment firms said companies are better prepared this time around. “The Indian economy was on a major upswing and employees expected a 20% hike every year, the financial crisis came as rude shock and companies did not know how to react back then,” Balaji added. Industry watchers said salary hikes are likely to range between 10-12%, to protect employees against inflation, with the better performers being given even a 15-20% raise. The situation may improve from first quarter of 2012 although, the picture till end of next year is not very great. But post that, there will be lot of movements and global layoffs can create opportunities for India in back-end operations, captive units and for third party service providers,” said Sunil Goel, director of recruitment agency GlobalHunt.
mesalazin biverkningar mesalazin pancreatitis mesalazin paracetamol
glimepirid 83 glimepirid 6 mg glimepirid wiki
amantadin nebenwirkungen amantadin kaufen amantadin stada
amantadin wirkung amantadin vergiftung amantadin zoster
More News
GATE 2019 Registration Process Completed: What's Next?
Online registration for GATE 2019 will conclude today. Hereafter the candidates who wish to register for Graduate Aptitude Test in Engineering should submit their application along with increased fee charges. For late submission, applicants...
RBSE Supplementary Result 2018: Rajasthan Board 12th Results Released @ Rajeduboard.rajasthan.gov.in
RBSE Result 2018: Rajasthan Board of Secondary Education or RBSE has released the Senior Secondary supplementary examination, 2018 results on the official website of the board. The RBSE 12th results have been released on the official websit...
ICAR AIEEA Result 2018: ICAR PG Result, Cut-Off Announced @ Icarexam.net, Icar.org.in
Result of ICAR AIEEA-PG-2018 re-examination held on August 18, 2018 and fresh re-examination held in Kerala on September 16, 2018 have been released on the official result websites of the council. The ICAR AIEEA PG results can be accessed from icar.o...
IIM CAT 2018 Application Date Extended, Now Apply Till September 26 @ Iimcat.ac.in
IIM CAT 2018 registration last date has been extended. IIM Calcutta, the official organiser of CAT 2018, the competitive entrance examination which is being conducted primarily for admission to post graduates courses in Indian Institutes of...
CAT 2018 registration closes on September 19, admit card to release on October 24
Indian Institute of Management (IIM) Calcutta will be conducting Common Admission Test (CAT) on November 25, 2018. Candidates who are aspiring for management career can fill the CAT application form online by September 19, 2018. IIM-C will close the ...
AYUSH NET 2018 In November; Know Important Dates
Central Council for Research in Ayurvedic Sciences (CCRAS) has notified AYUSH NET 2018. CCRAS will conduct the exam in November on behalf of Central Council for Research in Yoga and Naturopathy (CCRYN), Central Council for Research in Unani Medicine ...
IIM-Ahmedabad second best B-school in Asia, IIM-Calcutta at number 3: FT rankings
Indian Institute of Management-Ahmedabad has emerged as the number one Business-school in the country followed by IIM Calcutta and IIM Bangalore. According to the Financial Times Masters in Management Ranking, both IIM Ahmedabad and IIM Calcutta rank...
JEE Main 2019: Aadhaar Not Mandatory For Registration, Says National Testing Agency (NTA)
The National Testing Agency (NTA) has said in a notification that the Aadhaar number, 12 digit identification number issued by UIDAI, is not mandatory for registering for JEE Main 2018 examination. NTA, an agency under the Department of Hig...
NEET PG 2019, NEET MDS 2019 Dates Announced; Check Now
National Board of Examination (NBE) has released the examination schedule for the MCQ based examination to be conducted in December 2018/ January 2019. NBE is responsible for conducting exams like National Eligibility-cum-Entrance Test Post Graduate ...
ICAR Declares AIEEA Result; Online Counselling From September 10
ICAR has declared the AIEEA results online for UG and Ph.D. courses. Candidates who had appeared for the exam can now check the results online at icar.org.in. Almost three weeks after the exam, ICAR has finally declared the results for All ...