Attrition levels dip marginally in second half of 2013

The Naukri Hiring Outlook indicates that attrition level in 2013 have dipped with 14 percent of recruiters stating it to be in the range of 10 Pct-15 Pct in 2013 while in the previous survey 22 percent recruiters mentioned that the attrition levels are in the spectrum of 10 Pct-15 Pct. In terms of sectors, majority of recruiters in IT sector saw attrition in the range of 5 Pct-10 Pct while most recruiters in the banking sector indicated attrition to be below 5 Pctin 2013.

Hitesh Oberoi, Managing Director and CEO Infoedge (India) Ltd said, “There is buoyancy in the job market in India in first half of 2014.  Since 2014 is an election year, we expect companies to recalibrate their hiring plans post elections. There are bright spots like IT and Pharma which continue to report strong outlook. On the whole, we expect 2014 to be better than 2013”.

Methodology: The Naukri Hiring Outlook survey is conducted twice a year to gauge hiring trends across sectors. This gives a clear outlook about the employment opportunities in the market and throws light on increments, job opportunities and attrition levels. It is a half-yearly e-mail survey which is sent out to the registered clients of Naukri.com. The results are compiled using statistical and analytical techniques.
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