Indian Inc Offers up to 60 percent For Good Talent

hike for talentBENGALURU: The Indian hiring market has decided to transform into an employee focused market by offering salary hikes of up to 6o percent. Driven by the digital and e-commerce sectors, there seems to be a change in the business sentiment thus giving rise to a shift and uprising of the Indian economy. As per the hiring officials, eligible candidates are welcome to call for a hike, reports TOI.

As per recruiters, the last two three years were bad from a talent perspective and very less opportunities were there for the candidates. But the scenario is changing now and giving rise to 60 percent increase in the salary to the candidates with great qualities and skills. Earlier, this rate of salary hike was up to 20 to 30 percent which demoralized the candidates to some extent.

The e-commerce and the digital space are playing a major role in attracting the best talent from other sectors. A talent hunt is going on all around to absorb talents and utilize them to the utmost. Ronesh Puri, MD executive, India, said,

“The next 18 months will see industries trying to retain their top talent and one of the ways in which they do so is by incentivizing high-potential leaders with long-term growth and value creation incentives.”

He further added, “The high-potential talents from the consumer sectors such as FMCG, has many takers from diverse sectors like telecom and healthcare. The sectors that have seen a marked pick up are retail, e-commerce and digital where there are specific requirement for CXOs.”

A person with high leadership quality and talent never suffers from scarcity of options because talents are always in demand. Life sciences and pharma are the other sectors that lead in demand along with the healthcare services and hospitals aiming for best qualities. In the last three months, aggressive hiring has started in pharma and healthcare sectors, and the salary hike that was 20 to 30 percent earlier rose to 40 percent.

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