All those looking for a job, India is surely the place to be, as current hiring levels in the country for professional and managerial staff have emerged as one of the highest worldwide, a survey says.
Global staffing firm Antal, conducted a survey - Global Snapshot - across more than 9,600 companies in 55 countries in May on whether they were currently hiring and firing at professional and managerial levels.
"The trends around the world found that not only have recruitment levels in India increased since the beginning of the year, they are now among the highest in the world," the survey stated.
India has continued to make a steady recovery from its depressing start of 2009, when less than 30 per cent firms in the country were recruiting at professional or managerial levels.
Current hiring levels in the country are up at 73 per cent in the survey conducted in May, from 71 per cent in January, while the percentage of firms shedding staff is down to just 11 per cent now from 16 per cent earlier, the report revealed. Countries having a higher rate of hiring included Canada (76 per cent), Egypt and Malaysia (75 per cent), Argentina and Saudi Arabia (74 per cent).
China and Pakistan also witnessed strong hiring rates at 72 per cent and 62 per cent, respectively.
"We have seen resurgent activity in hiring in the past few months at the mid and senior levels. Our revenues have nearly doubled from the previous quarter," Antal's Mumbai office Managing Partner Joseph Devasia said. "We have seen increased hiring across several sectors, including manufacturing, which is a great sign," Devasia added.
The lead in the on-going recovery seems to have been taken by the manufacturing sector where a staggering 96 per cent companies are planning to hire over the next three months.
The survey also showed that Indian organisations plan on increasing their hiring activity even more, with 77 per cent expecting to hire managerial staff over the next three months.
