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For decades, loyalty at the workplace has been defined by one key factor: longevity. But the concept is more complex today.

Companies around the world are either experiencing or bracing for a skills gap. In the Asia-Pacific (APAC) region particularly, roles are becoming increasingly difficult to fill but efforts to address the business challenge are rising to the occasion.

The report of 3,069 respondents across 15 sectors in 12 APAC markets, including India, gives a depiction of what the talent market looks like today, and how it will likely pan out over the year.

Green shoots | 53% of India Inc to hike headcount in 2021: Study According to the report, 60 percent of the employers intend to increase salaries while 55 percent of the companies plan to give out bonus payments. Representational Image Green shoots are slowly seen in the Indian employment market with close to 53 percent companies looking to increase their headcount in 2021. A report by HR firm Michael Page India says that there are optimistic recruitment trends across industries in 2021. The new normal signals a hybrid work culture, as firms and industries across sectors work towards a health...