News: Jobs to grow 11.3 per cent this fiscal

Talent Acquisition

Jobs to grow 11.3 per cent this fiscal

Positive market fuelled by government incentives and increased consumer spending will lead to a job growth of 11.3 per cent this fiscal, says a study by staffing firm, TeamLease Services. Salary increments for this fiscal were between 5 per cent and 14 per cent across industries compared to a 3.8-10 per cent during the same period last year. The 'TeamLease Jobs & Salary Primer', shared exclusively with ET, states that niche-skilled employees have received a 20 per cent raise this fiscal. Those employed in the power and energy have received the largest percentage of salary growth rate of 13.5 per cent while IT and knowledge services gave their employees a raise of 12 per cent. Those working in the FMCD (fast-moving consumer durables), FMCG, construction, real estate, media and entertainment and retail had increments upwards of 10 per cent, stated the report.

Positive market fuelled by government incentives and increased consumer spending will lead to a job growth of 11.3 per cent this fiscal, says a study by staffing firm, TeamLease Services. Salary increments for this fiscal were between 5 per cent and 14 per cent across industries compared to a 3.8-10 per cent during the same period last year. The 'TeamLease Jobs & Salary Primer', shared exclusively with ET, states that niche-skilled employees have received a 20 per cent raise this fiscal. Those employed in the power and energy have received the largest percentage of salary growth rate of 13.5 per cent while IT and knowledge services gave their employees a raise of 12 per cent. Those working in the FMCD (fast-moving consumer durables), FMCG, construction, real estate, media and entertainment and retail had increments upwards of 10 per cent, stated the report.

Read the Economic Times news report here.

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Topics: Talent Acquisition, #Jobs, #National

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