The Indian professional job market has improved since the start of this year, with 59 per cent of Indian companies are currently recruiting at senior level, up 19 per cent over the beginning of the year.
Companies are back with their hiring plans as the economy shows signs of recovery with a boost in domestic demand.
According to a quarterly survey by global recruitment firm Antal International, the percentage of companies in India hiring professionals and managers has rebounded to 51 per cent currently, after a dramatic fall to 29 per cent at the beginning of 2009.
According to a quarterly survey by global recruitment firm Antal International, the percentage of companies in India hiring professionals and managers has rebounded to 51 per cent currently, after a dramatic fall to 29 per cent at the beginning of 2009.
Amid uncertainty and global gloom, there is good news round the corner as the job market in India is showing substantive signs of recovery with the current hiring level soaring to as much as 47 per cent, a study says.
There has been a significant upsurge in the hiring activities as 52 per cent of companies are recruiting new staff at the moment, while 60 per cent are looking to do so in the near future.
Full recovery may still be a good way off, but the job market is showing clear signs of improvement.
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HR experts believe however that times are changing and more and more companies are planning a revamp of their appraisal systems
More activity in the IT, health care, services sectors; manufacturing firms keeping fingers crossed.
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The indicative salary outlook for junior employees is Rs 1.45 lakh-Rs 3 lakh per annum, while for mid-management it is between Rs 12 lakh-Rs 30 lakh per annum
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The quarterly global survey asked more than 6,000 firms in 30 countries that whether they were hiring at managerial and professional level and planned to do so in the coming quarter as well.
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Campus placements are already in full-swing and hiring plans of many companies, whose expansion plans were stuck due to policy paralysis, are now getting green signals.
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