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Healthy Senior-Level Hiring in Current Quarter: Experts

Monday, 22 August 2011, 02:38 Hrs
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NEW DELHI: Executive level hiring in the country has exhibited an uptrend during the current quarter, especially in the infrastructure and retail sectors, and going forward, this trend will continue in the next quarter as well, say experts.

"We had seen this (current) quarter is very aggressive in senior-level hiring. There are clear indications that this trend will continue in the next quarter of the current fiscal year too," Cocord HR Works CEO Shekhar Ghotgalkar said.

Echoing a similar view, MyHiringClub.com CEO Rajesh Kumar said, "We had seen senior professionals hiring is in an incremental mode from Q1, FY'12. It shows a healthy hiring atmosphere for senior-level job-seekers."

In this regard, Kumar cited a MyHiringClub.com study, which said that a total of 319 executive-level candidates have already been hired so far in the current quarter, compared to 473 executive-level candidates in Q1, FY'12. He also indicated that a total of 899 executives were hired in the previous financial year.

Elaborating on the reasons for robust recruitment of executives, Sat-n-Merc Manpower Consultant Director Prachi Kumari said, "This is only due to companies' economic condition... (which) significantly improved amid a deepening economic crisis in the U.S. and Europe."

In terms of sectors, infrastructure and retail witnessed the maximum hiring at senior levels during the period under review.

"We had seen infrastructure sector is leading in top brass hiring, followed by the retail, healthcare, hospitality, real estate and construction, BFSI, IT and ITeS, training and consulting, FMCG, telecom and automobile sectors," Kumar added.

City-wise, Delhi/NCR, Bangalore, Mumbai, Pune, Chennai, Kolkata and Hyderabad were the major locations where the maximum executive-level hiring was done.
Source: PTI
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