BENGALURU: The Indian job market is likely to witness growth in new jobs over the next six months even as recruiters struggle with talent crunch, according to Naukri.com’s Hiring Outlook Survey.
According to the survey, recruiters from information technology; ITeS; banking, financial services and insurance; pharmaceuticals, automobile and manufacturing anticipate new jobs to be created in the short term.
Sixty per cent of the recruiters expect new job creation, with the highest number of opportunities opening up for job seekers in the 1-8 years experience range, says the survey. This is half-yearly survey conducted by Naukri to gauge the hiring sentiment in the Indian industry.
At least 25 per cent of the respondents expect that the highest number of jobs would open up in the information technology-software sector. “As per the Hiring Outlook Survey, recruiters are cautiously optimistic about the hiring outlook over the next six months,” said V Suresh, chief sales officer, Naukri.com.
Forty-two per cent of those polled expect the highest number of new jobs would be created at the entry-level.
“As far as increments are concerned, 30 per cent recruiters surveyed feel the average increments could be around 15 per cent in the current appraisal cycle,” Suresh added.
The survey, which also looked into the increments, pegs appraisals at not more than 15 per cent in the current appraisal cycle. While 48 per cent of the consultants polled said salary was the primary drive for change of job, 31 per cent stated that growth prospects were a primary reason for people to look for new jobs. Work-life balance also played a major role, the survey notes.
Among other factors such as relationship with the boss, work-life balance, designation, and location of work were other reasons that were reported as important when considering a job change, the survey says.