Higher attritions result in better gains: Naukri


According to Naukri, a job portal, higher turnover has led to better gains as the job market is currently experiencing a huge churn. Recruiters are generally expected to offer better raises to job seekers in the coming months, and about 40% of recruiters are expected to award average raises of 15%, according to a hiring outlook released Tuesday by Naukri. Naukri’s hiring outlook for 2022 showed that 57% of recruiters said they would be hiring both new and replacements in their organizations by June this year, while 51% intended to hire in the first half of last year. Also, about 62% of recruiters expected hiring levels in their organizations to return to pre-pandemic levels by June 2022. Hiring sentiment as there was pent-up demand across sectors.” From an experience standpoint, recruiters see a maximum hiring duration of 3 -5 years (67%) ahead, followed by 1-3 years (53%) and 5-8 years (53%), according to the study. Also, a majority of employee turnover is expected in the experience bracket of 3-5 years (51%), followed by 1-3 years (45%).

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