Recruiters indicate positive hiring outlook for H1 2020: Survey


Team Udayavani, Feb 4, 2020, 2:45 PM IST

New Delhi: Employers in India are bullish about their hiring outlook for the first half of this year, with 55 per cent of recruiters anticipating new jobs as well as replacement hiring to happen during the six-month period, a survey said on Tuesday.

The bi-annual survey, ‘Naukri Hiring Outlook JanuaryJune 2020’, that saw participation from over 2,400 recruiters across the country, projected an overall positive outlook.

Around 55 per cent recruiters anticipate new jobs as well as replacement hiring to happen in the first half of the year while 26 per cent predict only new jobs and 13 per cent expect to do replacement hiring only, the survey noted.

Of those surveyed, 3 per cent indicated a scenario of “no hiring” at all while only 1 per cent of the total recruiters anticipated layoffs.

“Analytics emerges as one of the functional areas where 14 per cent recruiters indicate hiring apart from popular roles in IT, Sales and Marketing and Operations,” Pawan Goyal, Chief Business Officer, Naukri.com said.

Most of the hiring will be under five years of experience, as 62 per cent of recruiters will be hiring in the band of 3-5 years, while 51 per cent in the 1-3 years band, the survey said.

Around 30 per cent of recruiters indicated that hiring will happen for the experience band of 8-12 years, while 18 per cent said they will be recruiting for experience levels of over 12 years.

On attrition, the survey said, 40 per cent of recruiters expect attrition to stay over 10 per cent, while 26 per cent recruiters indicate that it should stay under 5 per cent. Further, highest attrition is expected in the 1-3 years experience band at 46 per cent.

According to the Naukri Hiring Outlook 2020, 32 per cent of companies indicated an increment between 5-10 per cent, and 7 per cent recruiters suggested an increment of under 5 per cent, while 28 per cent companies will stick to an average increment of 15 to 30 per cent.

The survey further noted that 40 per cent of recruiters expect talent crunch to stay high. This is highest at the band of 3-5 years experience at 47 per cent followed by 39 per cent in the 1-3 years band and 32 per cent in the 5-8 years experience band.

Naukri Hiring Outlook is a bi-annual survey conducted amongst recruiters and recruitment consultants aimed at gauging hiring trends across companies and industries. More than 2,400 recruiters and consultants representing more than 15 major industries participated in this edition of the survey.

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

Top News

Rahul Gandhi to attend caste census meeting in Hyderabad today

Udupi: Gas cylinder explosion during party causes extensive damage in apartment

Stay Safe Online: Tips to avoid cyber fraud!

FIR against Sanjay Raut’s brother for remarks against Shiv Sena’s woman leader

Kodagu murder case accused escapes from police in Hyderabad

Karnataka Maritime Board announces plans for Mangaluru Water Metro Project

Royal Enfield forays into electric bike segment; unveils first model under Flying Flea brand

Related Articles More

New software for fast-tracking project approvals: Karnataka Minister Patil

In-flight passengers can access WiFi services only when allowed, say new rules

SEBI mulls separation of non-regulated activities; ‘cross-default’ definition for debenture trustees

Sensex plunges 942 points to settle at nearly 3-month low; RIL, HDFC Bank biggest drag

Equity investors become poorer by Rs 7.37 lakh crore during morning trade as markets tumble

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

Canadian cop suspended for attending pro-Khalistan protest outside Hindu temple

Rahul Gandhi to attend caste census meeting in Hyderabad today

Udupi: Gas cylinder explosion during party causes extensive damage in apartment

Stay Safe Online: Tips to avoid cyber fraud!

FIR against Sanjay Raut’s brother for remarks against Shiv Sena’s woman leader

Thanks for visiting Udayavani

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