Indian cos to add 38% more staff in next 3 months: Survey
According to the 60th annual edition of the ManpowerGroup Employment Outlook Survey of 3,090 employers, hiring sentiments are much stronger compared to the same period last year
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New Delhi: Employers in India continue to report bullish hiring outlook for the April-June quarter, with 38 per cent of companies planning to add more staff in the next three months, a survey said on Tuesday.
According to the 60th annual edition of the ManpowerGroup Employment Outlook Survey of 3,090 employers, hiring sentiments across sectors and regions are much stronger compared to the same period last year. However, on a quarter-on-quarter basis, hiring decision-makers anticipate the net employment outlook to decrease by 11 percentage points from the January-March quarter.
For the April-June quarter, 55 per cent of employers are forecasting an increase in payrolls, 17 per cent anticipating a decrease and 36 per cent expecting no change, the resulting net employment outlook is 38 per cent. The net employment outlook is derived by taking the percentage of employers anticipating total employment to increase and subtracting from this the percentage expecting to see a decrease in employment at their location in the next quarter.