New Delhi: In line with India's strong growth story, the July-September period has witnessed a smart surge in hiring activities that is likely to remain bullish in the December quarter, says a report. Out of 9,117 companies surveyed by recruitment firm across 52 countries, 76 per cent of organisations in India made active hirings in the July-September quarter of the calendar year.
This reflects a jump of 5 per cent since January, recruitment firm Antal International said in its report titled global snapshot. "The market is expected to remain strong, with the percentage of companies planning to hire over the next three months even higher at 81 per cent, with increased jobs in healthcare, manufacturing, real estate and IT/ITES during the fourth quarter (October-December)of the year," the report noted.
In another good news for the employees, the report also pointed out that attrition rate is expected to decline during the remainder of 2010 from the September quarter which saw one of the five businesses letting their staff go. "For chief executives and HR directors around the globe, the key business challenge is already shifting away from headcount reduction or containment to how to source the talent they will need in improving markets," Antal CEO Tony Goodwin said.
This reflects the improved global employment markets, where 57 per cent of organisations are in the process of hiring in comparison to 54 per cent in June quarter. Globally, Asia stands out as the healthiest jobs market for managers and professionals with 86 per cent hiring trend in Thailand, China (81 per cent ), Philippines (80 per cent) and Singapore (79 per cent).
The report is based upon material sourced from over 9,100 businesses in commerce, industry and the financial services sector across 52 countries in September and October 2010.
Bought to you by :
Sowmya
HRI Foundation
303 Motherland Building
3rd Main 3rd Cross
Kamanahalli
BANGALORE 560084
www.hrinindia.blogspot.com
www.twitter.com/Raghav_HRGuru
HR Help - Call +91.8105737966
