Property: West South North

Follow Like 994k

| Log In | Join |
Jobs
Home Markets IPO Personal Finance Mutual Funds Tech Jobs Features Blogs Slideshows ET NOW ET Speed
Top News News By Industry News By Company Economy Politics and Nation International Business Emerging Businesses PSU Press Releases
Other Press Releases NRI
Auto Banking/Finance Cons. Products Energy Ind'l Goods/Svs Healthcare/Biotech Jobs Services Media/Entertainment ET Cetera Telecom Transportation
Education
Hi there,
Login with your Facebook ID to see what your
friends are reading on Times of India and
Economic Times.
SPOTLIGHT
You are here: ET Home News News By Industry Jobs
Platinum Sponsors Gold Sponsors
Opinion
New
By PTI | 11 Aug, 2013, 11.49AM IST 0 comments | Post a Comment
0 0
Ads by Google
Upload Your CV For Jobs
www.careerbuilder.co.in/Accenture - The
Worlds No.1 Speedy Job Portal. Apply to Jobs Faster.
Upload Now!
The positive outlook in recruitment has mainly been driven by
global companies looking at India as a core growth market
given the ongoing uncertainties in the US and European
economies.
Editor's Pick
Maruti to launch rival to Hyundai's Grand i10
early next year
Tata Motors to create 1k jobs at JLR plant in
UK
'Commercial vehicle finance industry to
slowdown'
Hyundai plans to drive in entry-level sedan
US to hike fees for generic drugmakers;
Indian firms to be hit
58% employers in India expect rise in
hiring in FY14: Report
READ MORE ON united states | Michael Page | economy
MUMBAI: The employment outlook for
2013-2014 remains positive in the country
with 58 per cent employers anticipating a
growth in staff numbers over the next 12
months, according to a recent survey.
"About 58 per cent employers anticipate an
increase in staff numbers over the next 12
months. Some 36 per cent believe their
staffing levels will remain stable, while only
6 per cent anticipate a reduction in head
count," the annual 'India Salary and
Employment Forecast 2013/14' by global
professional recruitment consultancy
Michael Page revealed.
This positive outlook in recruitment has
mainly been driven by global companies
looking at India as a core growth market
given the ongoing uncertainties in the US
and European economies, it added.
It further said India is regarded as a logical business hub with a well-qualified young
workforce and the required infrastructure to support international business activities.
With regards to demand for talent, the report forecasts an increase in demand at the
middle management level across all sectors.
Share Share Share More
News
Indiatimes | The Times of India | The Economic Times | More
Search for News, Stock Quotes & NAV's
58% employers in India expect rise in hiring in FY14: Report - The Econ... http://economictimes.indiatimes.com/articleshow/21757196.cms
1 of 4 11/08/2013 7:49 PM
NSEL Controversy
24 cos owe the NSEL Rs 5,599
cr. Will they actually pay up?
The list of cos is varied. While Mohan India
has few assets, there are others which are
very much real businesses in the
commodities sector. Here are the scenarios
which could play out in the weeks ahead.
NSEL's pro-rata settlement formula
worries brokers
Government gives FMC power to ensure
NSEL settles dues
Most
Read
Most
Shared
Most
Commented
Eight smart money moves to make before the ag...
MBA no longer a passport to a successful care...
Amrit Kaur: Aged 80, she's India's newest bil...
More from The Economic Times
Why the current slowdown may be the
worst ever for job-seekers 11 Aug 2013
Sensex bounces back: Here are top 'buy'
and 'sell' picks from experts 08 Aug 2013
Twelve stocks in focus in Monday
morning trade 05 Aug 2013
Buy stocks available at lower valuations:
Prakash Diwan 08 Aug 2013
More from the web
How to sell your biggest asset: VALUE No
More Practice
Indian industries radiate into Chinese
production HSBC Global Connections
Hidden Wi-Fi Dangers Revealed
MobileSecurity.com
See the Lexus LFA on a test drive in
Japan Lexus
A steady volume of recruitment at junior and graduate level roles is also expected in the
coming year.
Specialist skill sets, currently limited in the existing talent pool, are also likely to be in
demand.
If the economy continues to strengthen over the next 12 months, companies will
continue to increase their focus on the retention of top performers, the report said.
Especially, the services sector is likely to see robust growth with a solid demand for
professionals with strong domestic experience.
This is spurred by continuing growth within the health care and life sciences sector as
well as an expected acceleration in the growth of retail as the government relaxes entry
restriction for foreign players in this sector, it said.
With the continued entry of new foreign players into the country along with the growth of
existing organisations, experienced professionals across all functions continue to be in
demand, the report opined.
Middle to senior level professionals would likely to get a salary rise between 10 per cent
to 20 per cent, while bonuses may increase up to 20 per cent, it added.
As talent attraction and retention becomes a key focus for employers, providing
employees with the right mix of training and development to drive career growth has
become a priority.
Employers, it said, who offer these opportunities along with the right cultural fit and
expected salary levels will, therefore, be highly sought after.
The recruitment market in India, however, remains relatively immature, with most of the
hiring activity conducted through in-house recruitment teams and internal referrals.
However, the report said, a shift towards specialist recruitment partners has been
observed due to the requirements for specialist skill sets and an increasing shortage of
supply of strong middle to senior professionals with both the technical expertise as well
as the cultural fit.
Recommended by
58% employers in India expect rise in hiring in FY14: Report - The Econ... http://economictimes.indiatimes.com/articleshow/21757196.cms
2 of 4 11/08/2013 7:49 PM
News in Pics
1/20
Six ways to cope with job loss
Step-by-step guide to file your income tax re...
Little-known tax deductions you might have mi...
More
Most Watched Videos
MORE FROM VIDEOS
Slide Shows
Ten remarkable infrastructure
developments in India
From roadways, railways to
airports and other smart-city
initiatives, the last few years have
...
Ten metro rail projects
transforming Indian cities
We take a look at how Metro
connectivity has helped many cities
in India and the upcoming netw...
What's new in Android 4.3 Jelly
Bean OS
Google's latest tablet Nexus 7, will
run on Android 4.3 Jelly Bean
Operating software. And alt...
More Slideshows
Roshni Nadar appointed additional
director of HCL Tech
Roshni Nadar
appointed
additional
direct...
Brand Equity:
Priyanka Chopra
hits the h...
'Chennai
Express' to enter
Rs 200 crore ...
Wipro Hiring August 2013
TimesJobs.com/Wipro-Hiring-Urgent - 15000+ New Jobs For Exp: 5-15 Years Upload
Resume, Apply to Wipro Now!
Ads by Google
PREVIOUS STORY
Hiring slump in auto sector just a
temporary phase: Experts
NEXT STORY
Why the current slowdown may be
the worst ever for job-seekers
TOP STORIES
Pakistan violates
ceasefire, injures BSF
jawan
Violating the ceasefire thrice in the last two
days, Pakistani troops today opened fire at
forward posts along the international border in
Jammu and Kashmir.
UK wages decline
among worst in
Europe: Report
Detroit crisis may give
lift to municipal bond
insurers
Caribbean nations are
wooing Indian
immigrants
Financials near to
regaining S&P 500's
top spot
READ MORE ON united states | Michael Page | economy
Follow Economic Times Jobs Section, For The Latest News!
INFOCUS ON ET TODAY
INFOCUS ON ET TODAY
There are no comments on this article yet. Be first to post one!
Comments are moderated and will be allowed if they are about the topic and not abusive.
Characters remaining (1500)
PERSONAL TECHNOLOGY
EMERGING ENTERPRISE
58% employers in India expect rise in hiring in FY14: Report - The Econ... http://economictimes.indiatimes.com/articleshow/21757196.cms
3 of 4 11/08/2013 7:49 PM
Get a Quote
Other Times Group news
sites
Times of India |
5|=|l-5 | | Mumbai Mirror
Times Now | Indiatimes
|

Living and entertainment
Timescity | iDiva | Bollywood
Zoom | Healthmeup | Luxpresso
Technology | Guylife | Online
Songs
Networking
itimes | Dating & Chat | Email
MensXP.com
Hot on the Web
Breast Feeding | Online Shopping
Movie Review Videos | Miss India
Used Cars in Chandigarh | Bike
Price India
Services
Book print ads | Online shopping | Free SMS | Website
design | CRM | Tenders
Matrimonial | Ringtones | Astrology | Jobs | Property | Buy car | Bikes in
India
Used Cars | Online Deals | Restaurants in Delhi | Movie Show Timings in
Mumbai
Remit to India | Buy Mobiles | Listen Songs
About us / Advertise with us / Terms of Use and Grievance Redressal Policy / Privacy Policy / Feedback / Sitemap / Code of Ethics Copyright 2013 Times Internet Limited. All rights reserved.
Browse Companies
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z | 1 2 3 4 5 6 7 8 9
Home | News | Markets | Personal Finance | Mutual Funds | Infotech | Jobs | Opinion | Features | Videos | My Portfolio | Budget 2013
Live Market News Portfolio Mobile Live TV Newsletter Commodities Speed QnA Blogs Alerts
Why Ubuntu Edge is
generating so much buzz
ET Review: HTC Desire 600 ET Review: Dell Alienware 14 Why entrepreneurs devote
time to find right match
Biotech data analytics
startup InterpretOmics
raises Rs 10 crore
Predicting the future tricky
biz: Why expert
entrepreneurs distrust it
GetQuote GetQuote GetQuote GetQuote
58% employers in India expect rise in hiring in FY14: Report - The Econ... http://economictimes.indiatimes.com/articleshow/21757196.cms
4 of 4 11/08/2013 7:49 PM