Firms Restart Hiring For Leadership Roles

C-suite hiring, which had halved following the coronavirus outbreak, is staging a comeback. Companies are looking to fill leadership positions, encouraged by an improving economic environment and business sentiment.

Head hunters say the market for leadership searches has reached more than 80% of last year’s level as companies expect the economy to improve. Salary packages, however, will take some more time to return to pre-covid levels. “More sectors have picked up pace and companies are bullish about the (fiscal) fourth quarter. So hiring plans are back on track. We are seeing a surge in C-suite hiring and we expect the numbers to increase,” said Jyoti Bowen Nath, managing partner, Claricent Partners, a recruitment consultant.

Source: livemint

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