Slow and steady upsurge in hiring

NEW DELHI, INDIA: TeamLease Services released its latest Employment Outlook Report for the period July-September 2009.

The study, which covered 495 companies in the latest round, focuses on the employment growth potential, the business outlook and hiring forecasts with relation to the location and the company profile.

The report serves as a reference manual to corporate houses to understand the employment trend in the present market scenario at major cities across the country.

According to Surabhi Mathur-Gandhi, GM, TeamLease Services, “With the stabilization of economies and optimism in global expansion, there is a direct positive implication for the Indian employment situation. We are observing a slow and steady upsurge in hiring intent across sectors. The advent of new players and aggressive expansion of large telecom giants has seen a bullish outlook for the industry with the promise of exponential growth.”

“Other sectors like IT, infrastructure and manufacturing and engineering capture the same optimism, and there is a large play to replenish good talent to further business. There are active hiring plans reported by Indian employers, and the overall employment outlook, though a bit conservative, is bullish and upbeat,” added Mathur-Gandhi.