Info Edge (India) Limited
B - 8, Sector - 132
Noida - 201304
Phone: +91-120-4841100, +91-120-3082000
Info Edge (India) Limited
A-88, Sector -2,
January 14 2010
A survey of recruiters reveals a positive hiring scenario, 72% predict creation of new jobs and 24% expect replacement hiring
Hiring Outlook for the year 2010
A survey conducted among recruiters across India forecasts an optimistic and vibrant employment picture for the year 2010. Over 70% recruiters in IT, ITeS, Auto, Telecom, Banking and Pharma predict that the hiring will be robust in 2010 and 82% recruiters say that professionals with 1 to 8 years experience will be in demand. There has been a distinct change in sentiment over the last six months. A similar survey conducted in July '09 revealed that only 45% recruiters had predicted creation of new jobs as compared to 72% this time.
Sumeet Singh, National Head- Marketing and Communications, Info Edge said, "Hiring expectations and business sentiment of recruiters across industry sectors have improved considerably, and job seekers can look forward to a favourable hiring environment all through the year."
Hiring optimism is strongest in the IT and BPO sectors where out of the 257 recruiters who took the survey, 80% indicated that new jobs will be created and almost 70% employers predicted that the range of increments will be between 5 to 20%. Recruiters in the Construction and Engineering sectors have also been very positive with 73% saying new jobs will be created, 56% predicting that jobs will be created in the 4 to 8 years experience bands and 68% foreseeing increments in 2010.
While 53% of employers in the Telecom sector indicated that increments may be dependent on market conditions 57% of them said that new jobs will be created in the year 2010. Overall, a sectoral analysis clearly indicates an optimistic hiring trend across industries.
Naukri.com, India's No. 1 job site and the flagship brand of Info Edge revolutionized the concept of recruitment in India. Since its inception in 1997, Naukri.com has seen sustained growth. Info Edge completed a successful IPO in November 2006 and remains the only listed listed Internet Company in India.
Naukri.com is a recruitment platform that provides hiring-related services to corporates/ recruiters, placement agencies and to job seekers in India and overseas. It offers multiple products like Resume Database Access, and Response Management tools and its services include Job Postings, and branding solutions on the site. With 2,00,000 jobs live at any point, Naukri.com serviced over 34000 corporate clients in 2008-2009.
The company has over 1400 people operating through 54 offices in 37 cities in India and overseas offices in Dubai, Riyadh and Bahrain.
Press Release 15th September 2009
| ||download in PDF|