Job hopping days ahead of India Inc

May 23rd, 2011 by James

Job hopping days ahead of India IncHuman resource (HR) recruitment firms expect hiring as well as attrition to go up in the coming months with the appraisal season at an end in India Inc.

V. Suresh, executive vice president and national head of sales, Naukri.com, said, “The period of appraisal is almost over for India Inc. So, in the next two months we will see aggressive hiring and many job switchovers as most companies are looking for expansion.”

From in.finance.yahoo.com:

“Hiring tends to slow down a little in the first quarter every year because of the appraisal cycle. We expect hiring to pick up again by June- July this year,” Suresh said, adding that it is not just the appraisal period but also the overall positive outlook of the economy that is creating many jobs, to the advantage of the employees.

Other honchos echoed Suresh’s views. “India Inc is going to see increase in hiring activity in the coming months, in almost all the sectors. In fact, as companies are working on thin profit margins, employees who are expecting good increments could be disappointed and go on a fresh job hunt. We expect much job hopping as well as fresh recruitment,” E. Balaji, managing director (MD) & chief executive officer (CEO), Ma Foi Randstad, a leading global recruiting firm said.

India Inc’s hiring activity witnessed a marginal decline in the month of April with most employees preferring to stay back in their current jobs expecting hikes, according to Naukri.com.

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