LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Hiring activity to be positive in 2019-20, freshers to get more opportunity: Survey

Hiring activity is likely to remain steady in 2019-20 as companies will focus on replacement hiring followed by new recruitments, providing opportunities for freshers, according to a survey.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Hiring activity to be positive in 2019-20, freshers to get more opportunity: Survey
Hiring activity is likely to remain steady in 2019-20 as companies will focus on replacement hiring followed by new recruitments, providing opportunities for freshers, according to a survey. Reuters
Written By: PTI
Updated: Tue, Jun 04, 2019
04:32 pm
Mumbai, PTI
RELATED NEWS
HPCL Recruitment 2021: 200 jobs on offer with pay up to Rs 15.17 LPA; check age limit, how to apply, qualifications, fee and other details HPCL Recruitment 2021: 200 jobs on offer with pay up to Rs 15.17 LPA; check age limit, how to apply, qualifications, fee and other details
HSSC Recruitment 2021: Application forms reopened for Patwari, Canal Patwari and Gram Sachiv posts; Check where to apply online and how HSSC Recruitment 2021: Application forms reopened for Patwari, Canal Patwari and Gram Sachiv posts; Check where to apply online and how
DSSSB Recruitment 2021: Bumper Government Job vacancies at Delhi Jal Board, New Delhi Municipal Council, others; check details at dssb.delhi.in  DSSSB Recruitment 2021: Bumper Government Job vacancies at Delhi Jal Board, New Delhi Municipal Council, others; check details at dssb.delhi.in
ESIC Recruitment 2021 Notification: Apply online at esic.nic.in for 6552 vacancies to be filled for UDC and Stenographer Posts ESIC Recruitment 2021 Notification: Apply online at esic.nic.in for 6552 vacancies to be filled for UDC and Stenographer Posts
Download NID Admit Card, Admission Letter 2021 released for B.Des. & M.Des. DAT Prelims Exam Download NID Admit Card, Admission Letter 2021 released for B.Des. & M.Des. DAT Prelims Exam

Hiring activity is likely to remain steady in 2019-20 as companies will focus on replacement hiring followed by new recruitments, providing opportunities for freshers, according to a survey. Almost 58 per cent employers have a positive outlook on hiring, while only 10 per cent of employers said layoffs are on the cards, according to the '8th Hiring, Attrition and Compensation Trend 2019-20' survey by Genius Consultants. Only a few employers have a negative outlook on hiring in this financial year, it said.

The survey further revealed that northern zone will provide most opportunities for job seekers, followed by other regions. "The overall industry sentiments showcase a positive outlook of the market. The hiring scenario looks encouraging with negligible staff reduction and no hiring policy of the companies," Genius Consultants Chairman and Managing Director R P Yadav said. Around 67.52 per cent respondents believe that women hiring will be impacted owing to the amendment to the Maternity Benefit Act 1961 that protects the employment of women during the time of her maternity and entitles her to 'maternity benefit'.

Embracing the importance of artificial intelligence, healthcare sector will create 40 per cent of opportunities in terms of employability, followed by marketing and human resources, the survey revealed. Stream wise, engineering remains at the top of the list with the highest employability rate, followed by graduates and MBAs, it added. The survey said organisations are planning employee welfare schemes, improving working environment, reskilling the existing workforce, among others, for employee retention.

Moreover, many companies are looking at offering increments to their employees. Around 46 per cent companies expect increment between 10 to 15 per cent, whereas around 32 per cent think the increment will range between 5 to 10 per cent, it said. Only a handful of employers think that the increment will be less be than 5 per cent or more than 20 per cent, it said. Further, the survey said that junior level employees will be more susceptible to attrition than mid-level and senior employees, and western zone will lead in this aspect.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
JobsRecruitment 2019
RELATED NEWS
HPCL Recruitment 2021: 200 jobs on offer with pay up to Rs 15.17 LPA; check age limit, how to apply, qualifications, fee and other details HPCL Recruitment 2021: 200 jobs on offer with pay up to Rs 15.17 LPA; check age limit, how to apply, qualifications, fee and other details
HSSC Recruitment 2021: Application forms reopened for Patwari, Canal Patwari and Gram Sachiv posts; Check where to apply online and how HSSC Recruitment 2021: Application forms reopened for Patwari, Canal Patwari and Gram Sachiv posts; Check where to apply online and how
DSSSB Recruitment 2021: Bumper Government Job vacancies at Delhi Jal Board, New Delhi Municipal Council, others; check details at dssb.delhi.in  DSSSB Recruitment 2021: Bumper Government Job vacancies at Delhi Jal Board, New Delhi Municipal Council, others; check details at dssb.delhi.in
ESIC Recruitment 2021 Notification: Apply online at esic.nic.in for 6552 vacancies to be filled for UDC and Stenographer Posts ESIC Recruitment 2021 Notification: Apply online at esic.nic.in for 6552 vacancies to be filled for UDC and Stenographer Posts
Download NID Admit Card, Admission Letter 2021 released for B.Des. & M.Des. DAT Prelims Exam Download NID Admit Card, Admission Letter 2021 released for B.Des. & M.Des. DAT Prelims Exam

LATEST NEWS

Gold Price Outlook – Gold, Silver prices may see further fall next week; expert tells what to do to maximise gains

Gold Price Outlook: Yellow metal falls by over Rs 11,500 in last six months; may crash much more

Mumbai-Ahmedabad Bullet Train: Tech bids open for bridge project - Check latest news development

US continues to see drop in new Covid cases

Framework Agreement! India Grid Trust inks largest transmission deal with Sterlite Power

Facebook removes 1,521 malicious accounts in Feb

Andhra Pradesh trade body to promote IP rights, registration for MSMEs

ITC Share Price: Experts give 'share to buy' tag; predicts up to 25% profit in three months

DDA Housing Scheme 2021: Draw for allotment of flats on this DATE—Watch it live on AWAAS app

3 free LPG cylinders likely again for Ujjawala scheme beneficiaries

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved