Posted by NewAdmin on 2025-03-21 08:48:54 |
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India's white-collar job market is poised for a robust
hiring surge in the first half of 2025, with 96% of employers planning to hire,
according to the latest Naukri Hiring Outlook survey. This represents an
increase from 92% in the same period last year, signaling growing confidence in
the job market.
The bi-annual survey, which gathered insights from over
1,200 employers, revealed that 58% of companies will adopt a dual hiring
strategy, both creating new roles and filling existing vacancies, up from 48%
in 2024. Additionally, 18% of employers plan to focus exclusively on new job
creation, while 20% will prioritize replacing employees. The proportion of
employers anticipating layoffs has dropped to 2% from 3% last year, suggesting
a more stable job environment.
IT Sector to Lead Hiring Activity in H1 2025
The IT sector is expected to drive the majority of hiring,
with 37% of employers prioritizing tech-related positions, a notable increase
from 24% in 2024. However, retaining talent remains a significant challenge, as
42% of employers expect the highest attrition rates in IT roles.
Most employers are focusing on hiring professionals with 3-8
years of experience, which will make up 58% of total hiring activity, up from
53% last year. This reflects a need for candidates who combine fresh ideas with
hands-on experience. Despite the strong hiring outlook, employers are grappling
with budget limitations and skill shortages. Budget constraints are the biggest
challenge for 27% of employers, while 25% report difficulties in finding enough
talent, and 22% struggle with identifying candidates with the right skills.
Employee turnover is projected to rise, with only 17% of
employers expecting attrition rates below 5%, down from 23% in 2024. The report
also highlighted that 34% of employers anticipate attrition in the 5-10% range,
particularly among professionals with 3-5 years of experience who are most
likely to switch jobs.
Positive Hiring Outlook for Fresh Graduates
Regarding salaries, employees can expect significant pay
hikes, with over half (54%) of employers planning to offer double-digit salary
increases, while 39% expect increments in the 5-10% range. Campus hiring is
also expected to remain stable, with 34% of employers planning to hire fresh
graduates—up from 30% last year—providing more stability for newcomers to the
workforce.