MUMBAI: Cutting back on hiring entry- and junior-level staff, Indian
companies are increasingly looking to hire experienced professionals who
would hit the ground running from day one, says a report by a
recruitment firm shared exclusively with TOI. Overall, it found an
improvement in business sentiment, predicting that net business outlook
will improve by 3% in the next six months.
The half-yearly report forecasting hiring trends from October 2013 to March 2014 said engineering as a function remains in demand, especially for the talent coming from tier II and tier III cities like Allahabad, Bareilly, Ludhiana, Ranchi and Warangal. Businesses which are sensitive to the political-economic fallout of the impending general elections are the ones that are most likely to go slow on hiring. The bright spots on the jobs chart are the consumer goods, retail, pharma and healthcare sectors, which are expected to register increased hiring over the next six months.
"The FMCG industry is not witnessing any slowdown in hiring. Despite the tough macro-economic conditions, we are among the few sectors that have been reporting good growth quarter-on-quarter. So, hiring continues at our organization. As we expand our rural footprint, we are constantly adding numbers in the rural markets," said HR V Krishnan, executive VP at Dabur. The maker of Vatika hair oil and Real juices added around 1,000 employees for its rural expansion over the past one year.
The half-yearly report forecasting hiring trends from October 2013 to March 2014 said engineering as a function remains in demand, especially for the talent coming from tier II and tier III cities like Allahabad, Bareilly, Ludhiana, Ranchi and Warangal. Businesses which are sensitive to the political-economic fallout of the impending general elections are the ones that are most likely to go slow on hiring. The bright spots on the jobs chart are the consumer goods, retail, pharma and healthcare sectors, which are expected to register increased hiring over the next six months.
"The FMCG industry is not witnessing any slowdown in hiring. Despite the tough macro-economic conditions, we are among the few sectors that have been reporting good growth quarter-on-quarter. So, hiring continues at our organization. As we expand our rural footprint, we are constantly adding numbers in the rural markets," said HR V Krishnan, executive VP at Dabur. The maker of Vatika hair oil and Real juices added around 1,000 employees for its rural expansion over the past one year.
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