The firms are also hiring more leaders at top roles as companies are also reportedly weeding out CXOs who did not meet their performance targets
Record high hiring outlook of 51% in eight years
India's job market looks optimistic with 63% of companies planning to add more staff in next three months, in a bid to speed up the recovery process and sustain the economic growth, a survey said
India Inc will hire 5% more people in the April-June period compared to the Q1 this year, a new report showed, as Covid infections decrease amid reopening of industries across the spectrum
Mercer's 2022 Global Talent Trends study highlights that difficulty in hiring the right talent, at the right price, and in time remains a top concern in 2022
However, there was a marginal dip of 2.4% in hiring activity as compared to February, owing to the appraisal season, according to the Monster Employment Index
Employers in India continue to report bullish hiring outlook for the April-June quarter, with 38 per cent of companies planning to add more staff in the next three months, a survey said
Demand for talent surged seven per cent year-on-year in February 2022, according to a report by the Monster Employment Index
The survey showed that over 69 per cent respondents are not anticipating a rise in job insecurity with the advent of the new variant
IT companies like Infosys and Wipro are witnessing high attrition numbers
Hiring activity in India has been on a steady recovery and the hiring rate in July this year was around 65 per cent above the pre-COVID level, a report said. According to the LinkedIn India Labour Market Update (July 2021), there was a deepening hiring dip in April 2021, corresponding to the second wave of COVID-19 cases in India. Since then, it has been recovering steadily. Compared to the pre-COVID levels in 2019, the hiring rate was 35 per cent higher at the end of May 2021, 42 per cent higher at the end of June 2021, and now 65 per cent higher at the end of July 2021, it said. Hiring rate is a measure of hires divided by LinkedIn membership. This analysis looks at the changes in hiring rate between the month under review and the same month in 2019. "As large sectors such as IT, manufacturing, and hardware begin to ramp up hiring after a year of hiring freezes, we are hopeful that hiring will continue to grow," the report said. It said hiring has been on a steady recovery, lar
A large proportion of these jobs will come in the areas of digital, cloud, cyber, analytics and emerging technologies.
Technology can also help with some very practical solutions to know a candidate during remote hiring.
About 90 per cent of the large organisations stepped up their hiring: report
Uber on Wednesday announced it is recruiting close to 250 engineers for its Bengaluru and Hyderabad-based teams, as the company continues to expand the scope of operations for its engineering and product work in the country. The current round of hiring will strengthen the company'srider and driver growth, delivery, eats, digital payments, risk & compliance, marketplace, customer obsession, infrastructure, adtech, data, safety and finance technology teams, a Uber statement said. These roles are currently split between the Hyderabad and Bengaluru tech centres. Uber said its expansion plans are in line with its vision to make mobility and delivery more accessible, and to become the backbone of transportation in over 10,000 cities across the globe. Senior Director - Engineering, Manikandan Thangarathnam, said,"Our teams in Hyderabad and Bengaluru work on important global mandates, and pioneer various industry-first innovations." "In order to serve more people across the
Firm says had also offered pay hikes to retain talent
Hiring activities rose marginally with job listings rising to 2,436 in March compared to February this year, according to a report.
Union Minister Jitendra Singh on Saturday said the Common Eligibility Test (CET) for government jobs recruitment is likely to be held around September this year. He said the National Recruitment Agency (NRA) for conducting the CET has been constituted with the approval of the Union Cabinet. As a major boon for the youth, particularly the government job aspirants, a Common Eligibility Test (CET) will be conducted across the country from this year to screen and shortlist candidates for recruitment to central government jobs, said Singh, the Minister of State for Personnel. The first such test is likely to be held in the later part of 2021, probably around September or so, he told PTI here. Singh said the "path-breaking transformational reform" carried out by the Department of Personnel & Training (DoPT) was possible because of the personal intervention of Prime Minister Narendra Modi and his deep concern for the youth. The NRA, he said, will be a multi-agency body which will conduct
The gradual increase in both the seeker and recruiter activities on the Monster job portal showed that clear signs of recovery in the job market compared to the Covid-19 lows.
Digitisation has increased in the country due to the pandemic