News: 70 per cent employers to expand; mid-level talent in demand

Strategic HR

70 per cent employers to expand; mid-level talent in demand

The country is likely to see high growth in the job market as 70 per cent employers plan to expand their team, a recent survey said. "India's business market is currently primed for expansion, with the recruitment market being driven by significant industry sectors such as FMCG, retail, healthcare, manufacturing and real estate. About 70 per cent of employers surveyed plan to expand their team," Michael Page's 'India Salary & Employment Forecast' for 2014-15 said. In addition, many employers seek highly competent professionals at the mid to senior management level, with 45 per cent of surveyed employers indicating that mid-level professionals will be in highest demand in the coming year, the survey report said. Companies are realising the value of developing employee skills and offering internal career opportunities, as senior level executives and human resources teams recognise the importance of retention strategies, the report said.

The country is likely to see high growth in the job market as 70 per cent employers plan to expand their team, a recent survey said. "India's business market is currently primed for expansion, with the recruitment market being driven by significant industry sectors such as FMCG, retail, healthcare, manufacturing and real estate. About 70 per cent of employers surveyed plan to expand their team," Michael Page's 'India Salary & Employment Forecast' for 2014-15 said. In addition, many employers seek highly competent professionals at the mid to senior management level, with 45 per cent of surveyed employers indicating that mid-level professionals will be in highest demand in the coming year, the survey report said. Companies are realising the value of developing employee skills and offering internal career opportunities, as senior level executives and human resources teams recognise the importance of retention strategies, the report said.

Read the Economic Times news report here.

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Topics: Strategic HR, #Current, #National

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