After almost a year of slump due to the covid-19 pandemic, hiring is picking up pace. Nearly 53% Indian companies are intending to hire, as compared to 42% APAC (Asian-Pacific countries) businesses, this year, says the Talent Trends Report 2021 prepared by the UK-headquartered recruitment company Michael Page.
In India, the hiring percentage had plummeted to 18 per cent since March. But now, despite the impact on business, 60% of the organisations are looking to offer salary hikes, where 55% companies are considering bonus payments, in which 43% are providing over one month’s wage as bonus. The report, which looks at the APAC region including India, saw the participation of 660 Indian companies and 4,600 employees from the country.
Source: Mint Lounge
