First half of 2011 to see more jobs, salary hikes: Survey
NEW DELHI: Presenting an optimistic hiring scenario, majority of the recruiters expect creation of more jobs as well as good pay hikes for existing employees in the coming months, according to a survey.
Leading job portal Naukri.com's survey showed that 80% respondents anticipate addition of new jobs in the first half of 2011.
During the first six months of this year, about 36% expect replacement hiring while just two% expect anticipate layoffs, according to the report released today.
The findings are based on a survey of more than 1,000 recruiters.
As per the survey, 34% opined that the range of increments would be between 10 to 15%.
"Twenty-nine% said that the range will be between 15-20% and 14% said increments to be 20% and more," the report said.
Info Edge's chief financial officer Ambarish Raghuvanshi said that employers have begun recruiting at a steady pace in the first half of 2011 as indicated by high confidence levels.
"The survey findings also suggest a buoyant employment scenario and job seekers can therefore look forward to a favourable year ahead," he added.
Info Edge owns naukri.com portal. Among the respondents, 42% felt that maximum hiring activities would be seen for employees with four to eight years of experience.
Around 38% said that recruitment levels would be high for those with one to three years experience.
"Nine% of them voted for 8-15 years and an equal percentage said that jobs would be created for freshers," it noted.
On the other hand, as many as 58% of recruiters said that they face talent crunch. Among these respondents, 42% felt that maximum talent crunch was seen in the 4-8 years experience level.
Leading job portal Naukri.com's survey showed that 80% respondents anticipate addition of new jobs in the first half of 2011.
During the first six months of this year, about 36% expect replacement hiring while just two% expect anticipate layoffs, according to the report released today.
The findings are based on a survey of more than 1,000 recruiters.
As per the survey, 34% opined that the range of increments would be between 10 to 15%.
"Twenty-nine% said that the range will be between 15-20% and 14% said increments to be 20% and more," the report said.
Info Edge's chief financial officer Ambarish Raghuvanshi said that employers have begun recruiting at a steady pace in the first half of 2011 as indicated by high confidence levels.
"The survey findings also suggest a buoyant employment scenario and job seekers can therefore look forward to a favourable year ahead," he added.
Info Edge owns naukri.com portal. Among the respondents, 42% felt that maximum hiring activities would be seen for employees with four to eight years of experience.
Around 38% said that recruitment levels would be high for those with one to three years experience.
"Nine% of them voted for 8-15 years and an equal percentage said that jobs would be created for freshers," it noted.
On the other hand, as many as 58% of recruiters said that they face talent crunch. Among these respondents, 42% felt that maximum talent crunch was seen in the 4-8 years experience level.
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