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With new Govt in place, India Inc Modifies its hiring plans

Bolstered by improving business sentiments, Indian employers have the strongest hiring plans worldwide for the next three months as they are expected to embark on ‘vigorous’ recruitment activities, says a report.

The Manpower Employment Outlook Survey released on Tuesday  also said that hiring activities are picking up in some sectors on the hopes of ‘business sentiment turning positive in anticipation of a stable government coming to the helm’.
Going by the findings of the survey of 5,389 employers, they anticipate a vigorous hiring pace for July-September period. The hiring outlook is projected at 46 per cent higher over last year.

‘The strongest hiring plans across the globe are reported by employers in India, Taiwan, Turkey, New Zealand and Singapore. The weakest-and only negative-third-quarter forecasts are reported by employers in Italy, Belgium, France and the Netherlands,’ the report said.

As per the findings by HR services firm Manpower, employers in the public administration and education followed by wholesale & retail trade sectors have the most optimistic hiring plans. Their net employment outlook for the next three months is pegged to grow at 53 per cent and 49 per cent respectively.
‘With the Indian business environment showing signs of improvement, companies are back in hiring mode. Opportunities for job seekers are expected to grow even stronger as emphasis is placed on improving business growth and employment generation,’ ManpowerGroup India Group Managing Director A G Rao said.
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