Youth is going to be bat-bat, there will be rain of jobs in 180 days

Nearly 70 percent of the recruiters surveyed expect the attrition rate to remain below 15 percent in the coming six months. At the same time, some people believe that the rate of leaving the job can be 40 percent or more.

For the past few days, many survey companies have made predictions about the arrival of new jobs. Some are predicting 60 thousand and some 50 thousand jobs. The survey that has come this time is Naukri.com. According to its survey, about 92 percent recruiters are bringing new and replacement jobs in the next 6 months i.e. 180 days.

Nearly 47 per cent recruiters predict new and replacement hiring, 26 per cent expect only new job creation and 20 per cent say they plan to expand their workforce in the coming six months, according to Jobs' Hiring Outlook survey. Will keep it as it is. Only 4 percent of the recruiters involved in the survey have expressed the possibility of retrenchment or downsizing in the period July-December 2023.

The survey titled 'Job Hiring Outlook Survey' is a bi-annual survey conducted among 1,200 recruiters and recruitment consultants. According to the survey, most of the recruiters expect recruitment in business development, marketing and operational roles to take place in the coming six months. Mid-experience professionals are expected to remain in demand, followed by entry-level professionals.

6 months so many people can leave the job

Nearly 70 percent of the recruiters surveyed expect the attrition rate to remain below 15 percent in the coming six months. At the same time, some people believe that the rate of leaving the job can be 40 percent or more. These expectations on attrition trends indicate that employees will continue with their current job profiles amidst the uncertainties of the current job market. Business development, marketing, operational and HR roles as well as professionals with mid-level experience are expected to see the highest attrition rate.

Salary hike in first half of 2023

Most of the recruiters surveyed remained cautious about salary hikes offered by their organizations during the last valuation cycle, with 42 percent of recruiters saying their companies offered less than 10 percent salary hikes, and 31 percent of recruiters disclosing that their organizations Has increased salary. Only 6 percent of the recruiters surveyed said that more than 30 percent salary hike was done in the last valuation cycle.

Campus hiring trends

According to the survey, around 36 per cent recruiters indicated campus hiring to go ahead as per current plans, 11 per cent expected campus hiring to increase over the next six months, while 39 per cent recruiters indicated a halt to campus hiring.