Second half of 2011 to see more jobs, says survey

Presenting an optimistic hiring scenario, majority of the recruiters expect creation of more jobs in the coming months, according to a survey.

Leading job portal Naukri.Com's survey showed that 78% of the recruiters predict addition of new jobs, while only 2% anticipate layoffs in the second half of 2011.

The overall sentiment shows that hiring activity will continue to move at a brisk pace over the next six months, it said.

"Employers began recruiting at a steady pace in the first half of 2011 and confidence levels were high. The survey findings indicate sustainable new job opportunities in the remainder of the year and job seekers can look forward to a favourable hiring environment," Info Edge Chief Financial Officer Ambarish Raghuvanshi said.

The survey highlighted that more than 60% recruiters feel that attrition in their organisation is less than 10%. However, almost 20% of them said that attrition levels in their organisation is above 20%.

As per the survey, 32% of the recruiters opined that the range of increments was between 10% and 15%.

"Thirty one per cent said that the range was between 15% and 20% and 18% said increments were within the range of 5% and 10%," the report said.

Among the respondents, 60% felt that maximum hiring activities would be seen for employees with four to eight years of experience.

Around 50% said that recruitment levels would be high for those with one to three years experience

"Twenty two per cent of the recruiters opted for 8-15 years, while 20% said that jobs would be created for freshers," it said.

On the other hand, as many as 61% of recruiters said that they face a talent crunch during hiring their employees. Among these recruiters, 41% said that maximum talent crunch was witnessed in the 4-8years experience level.

The findings are based on a survey of more than 950 recruiters.

Naukri.Com is part of Info Edge.