News: Hiring and salaries in India to show an upswing: TeamLease report

Compensation & Benefits

Hiring and salaries in India to show an upswing: TeamLease report

The hiring outlook for companies in India are showing signs of positivity, with employers across industries and functions likely to hire more in the coming months. This was revealed in a report published by Teamlease Staffing Solutions today. The report also reveals greater correlation between skills and salaries, with hiring registering 11% growth, and salaries will likely increase by approximately 12% across industries and functions.

The hiring outlook for companies in India are showing signs of positivity, with employers across industries and functions likely to hire more in the coming months. This was revealed in a report published by Teamlease Staffing Solutions today. The report also reveals greater correlation between skills and salaries, with hiring registering 11% growth, and salaries will likely increase by approximately 12% across industries and functions.

Skilling will become an important part of the hiring agenda with employers looking to compete against each other to acquire skilled talent. The report states that “the focus is on securing valuable skills through measured and commensurate pay actions.”

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Topics: Compensation & Benefits, #Updates, #TotalRewards

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