News: NRI hiring to accelerate during January-March quarter

#Updates

NRI hiring to accelerate during January-March quarter

As per the survey of prospective employers conducted by NriJobPortal.com, NRIs facing employment problems due to the global economic slowdown are set to get better opportunities in India because of increased hiring expected during the next three months in sectors such as IT and auto. The survey states that the country's net employment outlook - an indicator of hiring intentions - stands at 19 percent for the quarter ending March 31, 2012, compared to 11 percent in last year Q4, representing a growth of 8 percentage points.

As per the survey of prospective employers conducted by NriJobPortal.com, NRIs facing employment problems due to the global economic slowdown are set to get better opportunities in India because of increased hiring expected during the next three months in sectors such as IT and auto. The survey states that the country's net employment outlook - an indicator of hiring intentions - stands at 19 percent for the quarter ending March 31, 2012, compared to 11 percent in last year Q4, representing a growth of 8 percentage points.

The crises, a combination of economic, social and other factors coupled with increased good opportunities in India have fuelled the NRI thought process to head back. Many Indian companies too are shutting there offices in west. NRI professional recruitment is likely to take place in the coming quarter as wage gaps have declined sharply. IT and IT-enabled services will be leading the NRI professionals hiring activity with 29 perent outlook, anticipating highest growth of 9 percent from the year-ago period. IT sector is followed by automobile, engineering and manufacturing Industries, banking and financial services and infrastructure space in terms of hiring optimism for the January-March 2012 quarter.

Source: Economic Times
 

Topics: #Updates, #Jobs, Talent Acquisition

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