New recruits to form 6-10% of cos' workforce by year-end: Study
Mercer said around 60-69% firms in the IT & telecom, chemical & fertilisers and pharma sectors intend to hire more employees. 5 tips to survive a stressful job
By PTI |
NEW DELHI: With hiring activity in the country expected to continue unabated, about 6-10 per cent of the total workforce of the firms may consist of new employees by the year-end, global HR consultancy Mercer has said.
As per a survey conducted by Mercer India Monitor, corporate India continues to grow with many firms not only filling vacant positions but also actively recruiting new staffers.
Around 80 per cent of the over 79 companies included in survey plan to hire more people in 2010 than they did in the previous year, it said.
"Recruitment will continue through the rest of 2010 and by the year-end, 6-10 per cent of the total workforce of participating organisations is expected to consist of new hires," the Mercer report stated.
However, many companies also expect higher attrition over the next few months with the recent revival of the job market, also resulting in an increase in hiring activity.
In terms of sectors, around 60-69 per cent firms in the IT & telecom, chemical & fertilisers and pharmaceuticals sectors intend to hire more employees.
A net addition in headcount was indicated by about 81 per cent and 100 per cent companies in the manufacturing and auto sectors respectively, the report added.
More than three-fourths of the respondents planned to hire in the first half of this year, with maximum recruitment activity expected in mid-level positions of non-sales and general management.
However, when asked which functions were likely to see the most vacancies being filled, a majority of the companies surveyed said they would be recruiting for the research & development (R&D), sales & marketing, and production and manufacturing functions, it added.
As per a survey conducted by Mercer India Monitor, corporate India continues to grow with many firms not only filling vacant positions but also actively recruiting new staffers.
Around 80 per cent of the over 79 companies included in survey plan to hire more people in 2010 than they did in the previous year, it said.
"Recruitment will continue through the rest of 2010 and by the year-end, 6-10 per cent of the total workforce of participating organisations is expected to consist of new hires," the Mercer report stated.
However, many companies also expect higher attrition over the next few months with the recent revival of the job market, also resulting in an increase in hiring activity.
In terms of sectors, around 60-69 per cent firms in the IT & telecom, chemical & fertilisers and pharmaceuticals sectors intend to hire more employees.
ADVERTISEMENT
A net addition in headcount was indicated by about 81 per cent and 100 per cent companies in the manufacturing and auto sectors respectively, the report added.
More than three-fourths of the respondents planned to hire in the first half of this year, with maximum recruitment activity expected in mid-level positions of non-sales and general management.
However, when asked which functions were likely to see the most vacancies being filled, a majority of the companies surveyed said they would be recruiting for the research & development (R&D), sales & marketing, and production and manufacturing functions, it added.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Related Articles
Quote of the day by Beyonce: ‘Life is truly fragile, and can be hard at times. It is important to stop and smell the roses during the good times’ - Grammy-winning singer on cherishing life's precious moments2026-06-19T14:35:47Z- NEET-UG re-exam: NTA to hold nationwide mock drill on June 20; check what it means here2026-06-19T14:26:42Z
- Controversial Greek saying of the Day: "Young men should not marry yet, and old men should not marry at all". What does it mean?2026-06-19T14:12:04Z
ADVERTISEMENT
