59% recruiters expect new jobs to be created in Jan-Jun period

 Nearly 60 percent of recruiters expect new jobs to be created in the January-June period and IT, manufacturing and retail are likely to become top sectors for job creation, says a survey.

PTI| Updated: Mar 22, 2016, 15:11 PM IST

New Delhi: Nearly 60 percent of recruiters expect new jobs to be created in the January-June period and IT, manufacturing and retail are likely to become top sectors for job creation, says a survey.

According to the Naukri Hiring Outlook, 2016, 40 per cent recruiters said maximum jobs would be created for 1-3 years experience level in the coming months.

IT-software industry (16 percent) leads the sectoral analysis with expectation of maximum job creation.

Manufacturing and retail come second with an 8 percent growth in expectation of new job creation.

"As per the Naukri Hiring Outlook Survey, recruiters are cautiously optimistic about the hiring outlook over the next six months," Naukri.Com Chief Sales Officer V Suresh said.

Suresh further noted that though the forecasts vary by industry and region, recruiters from industries like IT services, retail and even manufacturing are expecting the job market to move north.

On increments, the survey said that this year, 33 percent recruiters are expected to give increments in the range of 5-10 percent and 26 per cent are expected to give increments in the range of 10-15 per cent.

"As far as increments are concerned, 30 percent recruiters surveyed feel the average increments could be around 15 percent in the current appraisal cycle. Good times ahead for jobseekers," Suresh said.

Meanwhile, 32 percent recruiters feel getting a better offer is the primary reason behind people changing their jobs, followed by salary.

Around 13 percent said location is the reason why people change jobs and 12 percent said that job profile is also a reason for job change.

Naukri Hiring Outlook is a bi-annual survey which gauges the hiring sentiment across sectors and industries. The survey was conducted with more than 4,000 respondents - a mix of recruiters and consultants