Domestic companies slow on expat hiring
Domestic companies are going slow on expat hiring while sharpening their focus on getting Indians with requisite global experience, and this trend is likely to continue for two more years, HR experts say. Companies are now focusing more on budgets and are trying to find the same kind of exposure and experience from Indian talent that expats can offer. Expat hiring was growing at the rate of 10-12 per cent annually till 2012. Since last year, however, there has been a major decline and this dip is likely to continue for a couple more years, experts said.
Domestic companies are going slow on expat hiring while sharpening their focus on getting Indians with requisite global experience, and this trend is likely to continue for two more years, HR experts say. Companies are now focusing more on budgets and are trying to find the same kind of exposure and experience from Indian talent that expats can offer. Expat hiring was growing at the rate of 10-12 per cent annually till 2012. Since last year, however, there has been a major decline and this dip is likely to continue for a couple more years, experts said.
Read the Economic Times news report here.
