53% of companies set to recruit in 2021
53 percent of companies in India have said that they are preparing to increase their workforce in 2021. 43 per cent of the companies surveyed have said that they are thinking of giving bonus to their employees more than one month’s salary.
- Last Updated:January 27, 2021 10:30 AM IS
Strong demand expected to continue- The report said that recruitment-related activities had declined by 18 percent during 2020 due to the epidemic. Nicholas Dumoulin, managing director of Michael Page India, said that notable developments have been seen in the technology and healthcare sectors. In addition, relatively strong demand in Internet-based businesses such as e-commerce and education technology is expected to continue.
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Increase in salary, bonus According to the survey report, 60 percent of the companies said that they will increase the salary this year. 43% of the companies involved in this survey have said that they are thinking of giving bonus more than one month’s salary. Due to the advance technology in India, there is a boom in the rest of the segments of software development, gaming and IT industry. Talking of hike in salary, the healthcare sector is expected to witness a maximum increase of 8 percent this year. After that, the fast moving consumer goods sector is expected to grow by 7.6 per cent and e-commerce by 7.5 per cent.Also read: If you are also filling the credit card bill with EMI, then keep these important things in mind, otherwise…!
These companies in IT sector will be hiring- The country’s four largest IT companies TCS, Infosys, HCL and Wipro have recruited 36487 employees in the October-December quarter. In the third quarter of last year, these four companies together hired only 10820 employees. Accordingly, there has been a 240 per cent jump in hiring in the third quarter. It is believed that this pace of hiring will continue in the next financial year (2021-22). According to the report, these four companies are planning to hire around 91000 freshers in the next financial year.