Manpower’s latest employment outlook survey for India has found employers reporting upbeat hiring intentions for the final quarter of 2019. In total, 20 per cent of employers are anticipating an increase in payrolls, none are forecasting a decrease and 52 per cent expect no change. The result of this is a Net Employment Outlook of +20 per cent. Once the data is adjusted to allow for seasonal variation, the Outlook stands at +19 per cent. Hiring plans improve by six percentage points when compared with the previous quarter and with this time one year ago.
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Participating employers are categorised into one of three organisation sizes: Small businesses have 10-49 employees; Medium businesses have 50-249 employees; and Large businesses have 250 or more employees. Employers expect to increase payrolls in all three organisation size categories during the forthcoming quarter. Medium employers report the strongest hiring intentions with a Net Employment Outlook of +23 per cent.
Source: The Global Recruiter
