It could drizzle jobs in the new year as companies are gearing up to insert
over 8 lakh new staff to their payrolls and dole out wage hikes of up to 20 per
cent to finest performers in 2014, say experts.
As per estimates of a range of creature supply consultants, the year 2014
seems very hopeful for job souk nothing like 2013, when hirings went sluggish transversely
average and elder levels and recruitments were done only to reinstate 'key'
gaps.
In the new year, the realm is probable to bystander a vast flow of
opportunities for job seekers with more and more corporates investing in their
businesses.
"Yes, 2014 looks cheerful on hiring. 2014 will be seen as a superior occurrence
year from the jobs viewpoint as the worldwide wealth is civilizing and India life
form one of the major service supplier for the universal market," foremost
managerial hunt firm GlobalHunt MD Sunil Goel said.
According to manufacturing estimates, over 8.5 lakh new jobs may be twisted
in the calender year 2014. The issuance of new banking licences will be a major
donor, while IT, healthcare, agri-business, transportation and learning sectors
are also probable to onlooker vigorous hiring trends.
"Last calendar year was not good also for job seekers or for employers
due to vague and fluctuated inexpensive and biased circumstances. 2014 is imminent
with affirmative ambiance for jobseekers and pregnant to create 8.5 lacs new
jobs in diverse sectors," Rajesh Kumar, CEO, MyHiringClub.com &
FlikJobs.com said.
With regards to wage, the normal hike for the majority sectors is probable
in single digits, while top performers can imagine pay increase of just about
15-20 per cent in 2014, experts say.
"This New Year is departure to carry applaud for workers with a wage
hike of twofold-numeral of at slightest 10-12 per cent. In 2014, companies are predictable
to amend the return box up and see the sights a additional motivational move
toward," Indian recruitment coalition Vice President Rituparna Chakraborty
said.
"All indications are that the standard augment will be approximately 10
per cent crosswise the industries. though, as strain is growing on companies to
keep its increase unbroken, high achievers will be receiving augment enhanced
than last year, which may array between 15-18 per cent in dissimilar
sectors," GHCL Ltd VP and Head-Human property Rajesh Tripathi said.
Echoing alike sentiments, Vdopia's representative, Preetesh Chouhan,
VP-APAC, believes preferably a high recitalist receives an incremental hike of
12-15 per cent in assessment to an normal increase in wage.
According to Changeyourboss.com CEO Bhupender Mehta, sectors like army, taking
out, building and communications are predictable to up their hiring actions and
companies are probable to give 12 per cent standard wage trek.
Lighthouse Partners' Managing Partner Rajiv Burman said a new government in
2014 should emphasise on promoting expansion and as a result hiring trends will
also advance. The forfeit hikes might be 5 per cent for standard performers and
10-20 per cent for high achievers, he said.
