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The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.

Majority of Recruiters Anticipate New Jobs to be created: Naukri Survey

ST Team
Thursday, August 4, 2011
ST Team
Asurvey conducted by Naukri.com, the flagship brand of Info Edge, revealed an optimistic hiring scenario in the second half of 2011. The survey took the opinion of more than 950 recruiters across India. 78 percent of the recruiters predicted addition of new jobs and only 2 percent anticipate layoffs. “Employers began recruiting at a steady pace in the first half of 2011 and confidence levels were high. The survey findings indicate sustainable new job opportunities in the remainder of the year and job seekers can look forward to a favorable hiring environment. However trend, as always will be indexed to growth and business confidence levels,” says Ambarish Raghuvanshi, Chief Financial Officer, Info Edge.

The Naukri Hiring Outlook survey is conducted twice a year to gauge the hiring trends across sectors. This gives a clear perspective about the employment opportunities in the market and throws light on increments, job opportunities and attrition levels. The overall sentiment shows that hiring activity will continue to move at a brisk pace over the next six months. The trend for the current survey is in line with the sentiment expressed six months back.

Attrition has always been an area of concern for recruiters and the survey result also pointed the same. About 20 percent of the recruiters who took part in it said that attrition levels in their organization are above 20 percent, while 60 percent said it is below 10 percent in their organization. When it comes to increments, 32 percent of the recruiters surveyed said that the range of increments was between 10 percent and 15 percent and another 31 percent registered the range was between 15 percent and 20 percent.

When it comes to experience levels will they witness maximum hiring, 60 percent of recruiters said 4-8years, 50 percent recruiters said that it would be within 1- 3 years, 22 percent of them opted for 8-15 years and 20 percent said that jobs would be created for freshers. 61 percent of recruiters who took the survey said that they face a talent crunch during hiring their employees. Among these recruiters, 41 percent said that maximum talent crunch was witnessed in the 4-8years experience bracket.

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