New jobs to be created, says Naukri's hiring outlook

New jobs are to be created in the coming months, according to more than 50 percent of the recruiters surveyed in the recently conducted Naukri Hiring Outlook, 2016.

"Recruiters are cautiously optimistic about the hiring outlook over the next six months. The forecasts vary by industry and region. Recruiters from industries like IT services, retail and even manufacturing are expecting the job market to move north," said Naukri.com's chief sales officer V Suresh.

As far as increments are concerned, 30 percent recruiters surveyed feel the average increments could be around 15 percent in the current appraisal cycle.

According to a statement, 46 percent recruiters surveyed said the rate of attrition would remain same in the current period as it was in July- December 2015 period while 40 percent recruiters feel maximum jobs would be created for job seekers who have one to three year experience.

The recruiters expect new job creation for the first half of this year will be relatively muted as compared to the second half of 2015, it said.

The bi-annual survey which gauges the hiring sentiment across sectors and industries was conducted with more than 4,000 respondents.

IT-Software sector is expected to create maximum jobs, followed by manufacturing and retail, the survey said, adding that finding a right talent remains a challenge to recruiters.

The survey pointed out better offer, salary level and location are key factors for changing existing jobs.