Companies plan to increase employee recruitment with economic boom

Mumbai, Ta. 22 January 2021, Friday

Demand for employees in Internet-based businesses such as e-commerce and education-related technologies, which was strong during the lockdown last year, is likely to continue into the current year.

According to a survey conducted by a private firm on various sectors, about 4 per cent of Indian companies have expressed their intention to increase the number of employees by 2021. He also said he would wait until the February 1 budget.

The Corona epidemic saw a 20 percent drop in new recruits in 2020. However, the recovery in the country's economy has raised optimism among companies about business activity.

Eighty per cent of the companies surveyed said they were considering raising employees' salaries and giving bonuses.

The survey was conducted in 12 Asian countries, including India. The highest pay hikes are also likely to be seen in healthcare companies.

The boom in technology in India has led to an increase in the demand for professionals in the healthcare, educate and gaming industries. The report also noted that the country's companies are attracting technology experts who want to return to India because of Corona.