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.
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.
Source: Business Today
