Hiring activities likely to grow up to 15% in FY16: Survey

Indian employers appear to be upbeat about government initiatives like digitalisation and smart cities as they plan to increase hiring activities by up to 15 per cent in specific sectors such as IT, manufacturing and construction, says a survey.
About 51 per cent respondents surveyed believe there will be a hiring growth of up to 15 per cent this fiscal, according to the Genius Hiring-Attrition & Compensation Trend Survey: 2015-16.
"There is an overall positive environment, which has given rise to a fair amount of movement to the job scenario. The government's emphasis on smart cities, digitalisation, infrastructure among others have added to this positivity.

"However, the growth in hiring is on the expected lines and not as what people anticipated will happen after the general elections," Genius Consultants Chairman and Managing Director Rajendra Prasad Yadav told PTI here.
Kolkata-based Genius Consultants' 'Hiring Trend Survey' is an online survey conducted annually to gauge the hiring trends across sectors.
Around 22 per cent of the 714 companies surveyed across India said new jobs will be created in FY 2015-16.

The survey further revealed the growth in hiring will mainly be in sectors like IT, ITES, BPO, manufacturing, construction and engineering.
The jobs will be created in cities, including New Delhi, Kolkata and Mumbai and there will be both new vacancies as well as replacement hiring, it said.

The sectors where both new vacancies and replacement hiring will take place are IT, ITES, BPO, manufacturing, banking and finance in cities like New Delhi, Kolkata and Chennai, the survey said.