India Inc gradually shifting to recruiting firms for quality talent: Study


PTI, Mar 1, 2020, 2:34 PM IST

Mumbai: Companies are increasingly entrusting recruitment tasks in the hands of professional organisations for quality talent acquisition even as social media platforms and job sites are still one of the key hiring channels, says a study.

According to a study by CIEL HR Services, that focused on the latest trends in the Indian talent market, companies are now resorting to recruiting companies for quality talent acquisition across junior, mid and senior-level positions.

Titled, ‘CIELWorks 2020: Latest Trends in Indian Talent Market 2020’ the study noted that social media platforms and job sites were still relevant at hiring candidates, however, an increasing number of companies now prefer to go through employment agencies.

“The main reason behind companies shifting gradually to recruiting companies is because these firms are cutting down their work and time by screening and selecting relevant and quality talent,” Aditya Narayan Mishra of CIEL HR Services said.

The study that covered over 200 senior to mid-level executives across sectors from December 2019 till January 2020, noted that though job opportunities were robust but securing quality talent remained a challenge during 2019.

It further noted that entry-level roles were filled in less than 30 days, mid-level in less than 60 days and senior-level jobs roles saw positions fill in more slowly at around 180 days.

The key factors that attracted candidates and retained them at the junior level were salaries and career development, while at the mid-level the trend was dominated by designation, job security, salary and development opportunities.

At the senior-level, the key factors that drove employee hiring and retention were centred on the role within the organisation, the variable pay, the study noted.

Other major factors that influence senior-level hiring include financial health of the company, work culture, employer brand and long term vision of the organisation, it noted.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Incentive fund for SC/ST students of national institutes increased, says Minister Mahadevappa

Terminal 2 of Bengaluru airport gets 4,000 sqft hydroponic green wall

Waqf properties row: JPC Chairman receives over 500 petitions from aggrieved farmers in Karnataka

Asaduddin Owaisi questions Waqf Bill JPC Chairman’s Karnataka visit

Kinnigoli: Truck carrying red stone collides with Auto-Rickshaw; driver injured

UP govt to install 150,000 toilets for Maha Kumbh, set up paying guest facilities

Kavoor Police arrest two notorious cattle thieves

Related Articles More

Sensex, Nifty fall over 1 pc, snap two-day rally ahead of US Fed interest rate decision

SC orders liquidation of grounded air carrier Jet Airways’ assets

Home-cooked meals become dearer in October on costlier vegetables

Sensex, Nifty surge over 1 pc on heavy buying in IT stocks as Trump set to win US polls

Das says incoming data on GDP growth mixed but positives outweigh negatives

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

Kerala CM Vijayan alleges Priyanka contesting Wayanad bypoll with Jamaat-e-Islami support

‘America of your dreams calling’: Biden to Democratic supporters

PM Modi greets BJP veteran L K Advani on his birthday

Geethartha Chinthane – 87: Kunti as a model of courage for women

Karkala: Sr Donalda Pais, headmistress of Arunodaya Special School, passes away

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.