More recruitment for HR professional in India for 2016
Mumbai: The human resources market in India continues to grow as more global jobs continue to relocate here. While the market is currently primarily employer-driven, the impact of candidate uncertainty on recruitment activities, where candidates are juggling multiple offers and not joining an organisation after they’ve accepted an offer. This has increased the pressure on companies to ensure a robust system is in place to manage candidates during their notice period. Hence, these positive trends create more opportunities for Human Resource professionals, find Michael Page India survey on Salary & Employment Outlook 2016.
The research reports see a lot of activity in the pharmaceutical, e-commerce and banking sectors due to new entrants in pharmaceutical and e-commerce markets and an expansion in Knowledge Process Outsourcing (KPO) sectors of banks. An increase in hiring activity before the close of the calendar year, particularly for HR and HRSS jobs in the KPO sectors of banks, though much activity elsewhere will be backfilling of current roles.
With employer’s brand being one of the main reasons for attracting candidates, it is little wonder that social media is having a noticeable impact on how companies source candidates and the overall approach to the job search process. While 44% of top performers among HR and Talent Management professionals expect 16-20% salary hike in 2016, almost half of them expect average bonus of 10-15% of annual salary in 2016.
