80% employers plan to maintain or increase workforce till March 2024: TeamLease report
Both new hires, at 79%, and replacement hires, at 74%, are occurring rapidly, indicating a flourishing labour market in the country.
Source: moneycontrol.com
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Both new hires, at 79%, and replacement hires, at 74%, are occurring rapidly, indicating a flourishing labour market in the country.
In the past, the confidence of Indian talent was driven by buoyancy in hiring; now, it is about replacement hiring, said Anil Ethanur, co-founder of specialist staffing company Xpheno.
IT firms trying to improve cost efficiency by cutting annual hikes, variable payouts and slowing the pace of replacement hiring