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Naukri Hiring Outlook: 69% Recruiters Expect New Job Creation and 39% Recruiters Expect to Give 10-15% Increments in First Half of 2015

Feb 25, 2015   11:34 IST 
New Delhi, Delhi, India

Key Highlights:

  • 62% recruiters and 89% consultants expect creation of new jobs in the first half of 2015

  • 56% of recruiters expect the new job creation to be in the IT sector while 28% of the recruiters expect the same in the BFSI space

  • Most jobs are expected to be created for people with 4-8 years of work experience followed by people with 1-3 years of work experience

  • 59% of the recruiters said that the attrition rate in their companies in Jan 2015 was less than 10%

  • 40% of the recruiters are expected to give increments in the range of 10% - 15% and 34% of them expect increments to be in the range of 5% - 10% in the first half of 2015


A surfeit of jobs in the first half of 2015 is the key sentiment that has surfaced from Naukri’s’ Hiring Outlook survey 2015 – a half yearly survey which gauges the hiring sentiment of companies and consultants and covers a plethora of sectors. More than 1200 recruiters and consultants participated in the survey. Recruiters accounted for 73% of the total respondents and consultants accounted for 27%. More than two thirds (69%) of recruiters and consultants who participated in the survey forecasted creation of new jobs in the first half of 2015, while this figure was at 64% in the first half of 2014. As highlighted above, the IT and BFSI sectors were favourites among the respondents in their prediction regarding which sector was expected to witness maximum job creation. These were followed by manufacturing, pharma and ITES, in that order.


40% of recruiters surveyed expect to give increments in the range of 10-15%

There is an increase in the increments that are expected to be given out in 2015. In Jan 2014, 36% recruiters had expected to give increments in the range of 10-15% whereas in Jan 2015 this number increased to 40%. 16% of recruiters are expected to hand out a pay hike in the bracket of 15%-20% in Jan 2015 as opposed to 14% in Jan 2014.

59% of the recruiters said that the rate of attrition in their company was less than 10% in Jan 2015.

On being asked about the attrition rates, the recruiters said that the year 2015 is in tandem with the 2014 figures. 56% of recruiters expect the rate of attrition to be stable in the first half of 2015, 23% articulated that they expect a decrease in the rate of attrition and 21% of them expect the rate to increase in the first half of 2015.

Hitesh Oberoi, Managing Director and CEO Info Edge (India) Ltd said, As far as job creation and hiring scenario is concerned, 2015 will be a much better year in comparison to 2014 given the increased stability in the political and economic environment of the country. The phenomenon of job creation will be led by the IT sector followed by the services industry and even the manufacturing sector is showing healthy signs.”


57% of recruiters quoted that talent crunch has improved in the last six months.

The second half of year 2014 heralded good news with recruiters expressing an improvement in talent availability. The survey has also indicated that the maximum talent crunch is felt in the experience bracket of 4-8 years followed by professionals with an experience of 1-3 years.


Jobseeker Insights

As a part of the Naukri Hiring Outlook survey, we also asked consultants to share with us their understanding of jobseeker behaviour related with job search and change. These findings are crucial to an in-depth understanding of the qualitative aspects that govern a job seeker’s choices pertaining to job change and job offer acceptance or decline.


The trend among jobseekers is that they do not join a company after an offer is made to them

40% of the consultants said that 5-10% jobseekers do not join a company after an offer has been made to them. 27% of them quoted this range to be 10%-15% and 21% of consultants have put this figure in the range of 20%-25%. The primary drivers behind this trend are either the jobseekers are retained by their companies or they are made a better offer by another company.


42% of the consultants reported salary to be a primary driver of job change in jobseekers

34% consultants of the consultants reported growth prospects as a primary reason driving the need for a change in job. Relationship with the boss, work life balance, designation and location of work were other reasons that were reported as important when considering a job change.


The next Hiring Outlook survey will be released in August 2015.


Methodology: The Naukri’s Hiring Outlook survey is conducted twice a year to gauge hiring trends across sectors. This gives a clear outlook about the employment opportunities in the market and throws light on increments, job opportunities and attrition levels. It is a half-yearly e-mail survey which is sent out to the registered clients of The results are compiled using statistical and analytical techniques.


About, India’s No. 1 job site and the flagship brand of Info Edge introduced the concept of e-recruitment in India. Since its inception in 1997, has seen continued growth while outperforming its competitors in every sphere. Info Edge was the first internet Company to be listed in India. The site enjoys a traffic share of 69% as per recent ComScore data. is a recruitment platform that provides hiring-related services to corporates/ recruiters, placement agencies and to job seekers in India and overseas. It offers multiple products like Resume Database Access, listings and Response Management Tools. With 1, 25000 jobs live at any point and over 38 million CV’s, serviced over 48000 corporate clients in 2013-2014. The company employs over 3100 people operating through 56 offices in 42 cities in India and overseas offices in Dubai, Riyadh, Abu Dhabi and Bahrain.

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