Hiring to bounce back as most organisations lifted freeze: Naukri.com

Representational image

Hiring is set to bounce back as most organisations have lifted the freeze in hiring, according to a Naukri.com survey released on Thursday.

The survey revealed that only 11 per cent recruiters said that hiring is on hold in their respective organisations, while half of them had confirmed the same in the first wave of the survey (done in April, 2020).

Furthermore, 35 per cent of recruiters agreed that hiring is happening as usual against 13 per cent who confirmed so in the first wave of the survey.

On asked when they anticipate hiring to go back to pre-Covid levels in the second wave of the survey, 21 per cent recruiters said it will resume in 3 months, 26 per cent predicted 3-6 months, and 34 per cent said it would take their organisations 6 months to 1 year to start hiring like in preCovid days.

 

The survey also revealed that in the first wave of the survey, 44 per cent of recruiters had confirmed deferred joining. However in the second phase, that has declined to only 12 per cent.

 

While 32 per cent recruiters confirmed that increments have already been rolled out in the second wave of the survey, another 34 per cent will be extending salary hikes in the coming months. A total of 38 per cent recruiters have opted to offer increments in the range of 5 per cent to 10 per cent, whereas one-fifth have voted for the 15 per cent to 20 per cent increment bracket.

The survey was rolled-out to 1,300 recruiters. The first wave of the recruiters' survey was done in April 2020 and the second wave was conducted in October 2020.

Interestingly, as per a recent Naukri.com survey done with over 4,000 job seekers, majority of them (59 per cent) preferred a hybrid model of working. A significant 76 per cent of employees confirmed that work from home was equally or more productive than office.

--IANS

vc/arm


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel