Indian Employers Most Promising on Hiring in Q1 2016
BENGALURU: The recent survey by Manpower Employment Outlook revealed that Indian employers are the most bullish in the world when it comes to hiring plans for the quarter of March 2016, reports The Economic Times.
The survey was conducted on 58,000 firms across 42 countries; about 42 percent of the 5,065 Indian employers are expecting to add staff during the first quarter in 2016.
Group Managing Director at Manpower-Group India said that job prospects are still continuing o improve and Consumer-focused industries led by e-commerce companies are leading the hiring march, and will continue to do so in the next quarter. Transportation and utilities, public administration, education, wholesale and retail trades are expected to show strong growth and hiring outlook remains high. A majority of the companies across all sectors are hiring, indicating a clear strategy focused on growth.
The survey also suggests that job gains are expected in all seven sectors during the first quarter of the upcoming year 2016. 48 percent of employers in transportation and utilities are looking to step up hiring from January. Finance, insurance and real estate; public administration and education; and wholesale and retail trade are expecting 45 percent of hiring.
In comparison with October-December 2015, hiring plans have strengthened in four of the seven industry sectors. The outlook has improved in three of the seven sectors year-on-year, with public administration and education sector employers reporting the most significant increase.
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