"Temporary recruitment may overtake permanent in the short-term, with employers preferring the flexibility of being able to add or remove staff from their payrolls as needed," Manpower India Managing Director Naresh Malhan said. Citing the global economic turmoil, many employers around the globe are trying to find ways for containing costs and are cautious about hiring decisions by making do with the people they have.
Moreover, the implementation of the Sixth Pay Commission -- which has raised the pay packets of government employees almost at par with their private sector counterparts -- has increased the attraction for public sector jobs. In the wake of the economic downturn, industry experts feel there has been a shift towards public sector employment.
"While employers in India continue to show optimism in their hiring intent, the impact of US slowdown has started showing its impact," Manpower India Managing Director Naresh Malhan said while releasing the latest Manpower Employment Outlook Survey. Malhan further noted that 'future trends would be challenging and the October to December quarter would be a testing time largely due to rising crude oil prices.'
India has once again emerged as the most optimistic nation in terms of hiring plans for the next three months and the recruitment pace is expected to return to the pre-recession level in the new year, global staffing services firm Manpower says.
Tata Teleservices on Friday announced the launch of its Wi-Fi service at both domestic and international airports in Delhi enabling air travellers to use high-speed Internet.
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