HIRING MAY PICK UP BY 15% IN 2018

Corporate India’s hiring outlook looks bullish and is expected to witness a growth of 10-15 per cent this year after a subdued job market activity in 2017, says a report.

According to the India Skills Report 2018, hiring outlook for 2018 looks “positive”, and is estimated to grow by 1015 per cent this year.

The report captured hiring intent of over 120 employers and reached out to over 5,10,000 students across the country.

The survey was jointly conducted by HR technology solutions company People Strong, skill assessment firm Wheebox along with Pearson, CII, AICTE, United Nations Development Programme and AIU.

The report also said employability has grown to highest ever level of 45.6 per cent in last five years. “We as a country are undergoing a phase of transition as we embrace the impact of digital in our lives. Lot of efforts are needed both at the supply side and demand side to ensure we complete this phase with flying colours. Data shows we are on the right track,” said Pankaj Bansal, Cofounder and CEO of People Strong.

The report further noted that Delhi, Gujarat, AP were among the top 10 states with the highest employment opportunity.