Reflecting the bullish sentiment across industries, companies' hiring outlook for the first two quarters of 2018 looks robust as 67 percent of recruiters polled expect new jobs to be created during the period, says a report.
According to Naukri.com's semi-annual survey, 67 percent respondents are optimistic towards the creation of new job opportunities as compared to 60 percent in July-December 2017, while 20 percent said only replacement hiring will happen over the period.
Further, 76 percent respondents in the IT industry were optimistic about job creation, construction and engineering (69 percent), banking and finance (64 percent) and automobiles (65 percent), suggesting strong hiring trend to continue in the coming months.
On attrition, the report said 42 percent of recruiters said it is upwards of 10 percent in their respective industries.
The report noted that talent crunch was one of the major matters of concern that prevailed among the recruiters and 40 percent recruiters said it is highest among the mid-level employees with four-eight years of experience.
The survey saw a strong participation of over 1,500 recruiters across industries.
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