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Survey FInds 8 Out Of 10 Employers Are Actively Hiring

CareerNet Market Study finds that hiring numbers in sectors like Banking, e-Commerce, IT/ITeS, Insurance, and Financial Services to be higher as compared to other sectors.

A recent study by CareerNet, titled Present Hiring Outlook in India and the Future of Work, cites that 8 out of 10 employers are actively hiring, while only 6 per cent of the employers haven’t re-started hiring yet. 

Employers in the Banking, eCommerce, Insurance & Financial Services, and IT/ITeS sectors expect their hiring numbers to be higher as compared with those in other sectors. Among cities, Hyderabad tops the list of employment, with 100 per cent of respondents saying that they are actively hiring. 80 per cent of employers in Bangalore are considering hiring, whereas 5 per cent have not started hiring yet.  

The culture of remote working has instigated the significance of functional skills over soft skills while evaluating candidates. 3 out of 4 employers consider functional skills to be extremely important, less than a half of them consider soft skills to be extremely important. Additionally, across industry verticals, there’s a significant demand for technology-based talent. The rapid adoption of digitization by companies and growing consumption of technology amid the pandemic has led to a growth in the demand for coders, programmers, and software developers, with 69 per cent of recruiters looking for technology-based talent.

The report suggests that 61 per cent of large enterprises anticipate filling more than 500 positions, 45 per cent of mid-sized companies expect to fill between 100 and 500 positions, and 61 per cent of small businesses forecast to fill less than 50 positions in the year 2021.

2 out of 3 employers are seeking candidates with good communication skills and 50 per cent of them rate interpersonal skills on top while assessing candidates. Other in-demand soft skills are self-discipline, multi-tasking, time management, and work-life balance.

Other findings:

  • While nearly half of the organisations are considering hiring freelance workers for this year, 2 out of 3 candidates do not prefer contract/freelance jobs
  • About 67 per cent of the organisations are anticipating a combination of work-from-home and work-from-office after the pandemic passes by. Whereas only 4 per cent want to go for a complete remote working model. 25 per cent of employers expect up to 25 per cent of their employees to operate remotely when offices completely reopen
  • The 2 major challenges the HR function faces are employee retention and engagement
  • The measures organisations are taking to address the issue of employee attrition is monitoring work-life balance and offering rewards and growth opportunities


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