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The Indian job economy is geared up for an uptick in hiring as corporate houses embrace the post-pandemic world.
Naukri.com’s Hiring Outlook survey suggests that 51% of recruiters indicated both new and replacement hiring in their organizations. The appetite for hiring is up as 32% of recruiters confirm that they would be hiring for new jobs.
Interestingly, recruiters indicating that hiring was on hold are just at 5% versus 11% in a similar survey conducted in September 2020.
Many businesses were impacted during the pandemic and as a result, job security was threatened across multiple sectors. However, lay-offs are becoming a thing of the past, with just 1% of recruiters indicating lay-offs in their organization compared to 36% in the earlier survey.
Further, almost 40% of the recruiters expect hiring to go back to pre-pandemic levels in the next three months itself which is in contrast with the sentiments from an earlier survey wherein only 20% of recruiters expected hiring to return to normalcy within three months.
Given the boost to digitization, IT roles remain the most in-demand with 50% of recruiters indicating strong hiring in this segment. Roles in Marketing and Business Development are also gaining traction with almost 38% of recruiters expressing intent to hire for these roles. From an experience standpoint, recruiters expect to hire the most in the experience bracket of 3-5 years, according to the survey.
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Pawan Goyal, Chief Business Officer, Naukri.com, said “Hiring outlook showcases an upbeat sentiment amongst the recruiters and consultants. In fact, employers are also positive about extending increments to their employees. This is a strong indicator that businesses are moving towards actioning their growth plans and not just survival or business continuity strategies.”
Normalcy on the horizon is foreseen as employers have a positive outlook to extend increments to their employees. 27% of recruiters plan to rollout increments greater than 15% in their respective organizations while the most opted for increment bracket is 5%-10% as per 35% of the recruiters.
Many jobseekers were unsure of switching during the pandemic but as markets have stabilized, one-third of recruiters expect attrition in the range of 10 % – 20%, while another 7% foresee attrition levels greater than 20%. The bulk of this is expected from employees with 1-5 years of experience. Given a surge in demand, IT roles can also witness higher attrition.
With the jobs market back to its hiring ways, recruiters have predicted that retaining & attracting skilled employees will be a challenge in the coming six months. Aligning with that, 45% of recruiters are expecting an intense talent crunch, and the experience band of 3 – 5 years is expected to be the most impacted.
Campus hiring situation is showing slow, yet steady improvement as one-third of recruiters give a green signal to their hiring plans versus a 24% in the Sept’20 survey. India Inc. is now moving back to the office with 43% of recruiters confirming the same, a significant improvement as compared to 27% of recruiters in the survey done during Sept’20.
Another 29% of recruiters said that they would be working from home as most of them agreed that it has been equally or more productive. The rest of the recruiters are looking at a hybrid model in the future.
Naukri Hiring Outlook is a bi-annual survey conducted amongst recruiters and recruitment consultants. The survey covers multiple aspects of job creation trends/forecasts as well as jobseeker behavior covering areas like job opportunities and increments amongst other areas. 1384 recruiters and consultants representing over 10 major sectors participated in this edition of the Hiring Outlook. (IANS/KR)
Union Finance Minister Nirmala Sitharaman on Saturday asked the Directorate of Revenue Intelligence (DRI) to prevent dumping of toxic wastes in India. Speaking at an event to celebrate DRI's 64th foundation day, Sitharaman lauded DRI's compact strength of about 800 officers for their relentless efforts despite the imminent risks. The Finance Minister stated that the officers may be keeping a low profile, but they are acting like the frontline defence forces, doing spectacular work in safeguarding the economic frontiers of the country. "The recent smuggling attempts of huge quantities of narcotics, gold, red sanders, ivory, cigarettes etc. unearthed by DRI were appreciated by the Finance Minister," the Ministry of Finance said in a statement.
"Sitharaman said that the message through such enforcement actions should be such that these acts of brazen attempts at smuggling are nipped in the bud," the statement added. The Finance Minister also said that better coordination among the law enforcement and intelligence gathering agencies and sharing of actionable intelligence are the way forward in protecting the frontiers of the country more efficiently. "Sitharaman also asked the DRI to focus on interdicting dual use technology items as well as preventing the dumping of toxic wastes in our country," the statement said. (IANS/ MBI)
(Keywords: Directorate of Revenue Intelligence, Nirmala Sitharaman, India, Toxic Wastes)
Tech giant Amazon has expanded the sound detection capabilities of Alexa along with more features. Alexa can now identify the sounds of running water and appliances beeping, reports Android Central. This means users can set up an Alexa routine to notify themselves when the washer beeps to indicate that laundry is finished, the report said.
When Alexa detects that the faucet has been left open, it will send users a notification as well so they can take appropriate action, it added. Amazon previously said at its event in September that it would add the ability to programme Alexa to recognise custom sounds, but that feature has yet to arrive. Having said that, the two new sound detection capabilities not only help users save energy, but they also make it easier to avoid paying for unnecessary charges on your home utilities, the report said.
The retail giant has also announced ultrasound motion detection, which will allow you to set up "Occupancy Routines" on additional Echo devices. This feature allows your smart speaker to detect nearby motion and initiate a routine, such as turning on the lights. It is compatible with many of the best Alexa speakers including the 4th-gen Echo, Echo Dot and Echo Dot with Clock. (IANS/ MBI)
(Keywords: laundry, appliances, beeping, running water, Sound, Alexa , Amazon)
By Olivia Sarkar
Comforting Christmas cocktails help you enjoy the celebrations and get into the festive spirit. The Leela Palaces, Hotels, and Resorts offer distinctive cocktails ranging from Hot Toddies to Decadent Egg Nogs. Sit back and enjoy one martini at a time to make the festive season a little brighter.
Dirty Chai Eggnog:
30 ml Bourbon
30 ml Baileys
90 ml Hot milk tea
Sweet cream foam to top up
Cinnamon powder and star anise.
1. In a heavy bottomed med sauce pot, prepare tea with milk. Strain and let it cool.
2. In a cocktail shaker add egg white, Bourbon, Baileys with whole spices. Shake well.
3. Pour the tea in the glass followed by ingredients from cocktail shaker.
4. Garnish with nutmeg and cinnamon powder, whole star anise
Eggnog is a Christmas favourite that is accustomed to toasts for good health and prosperity.| Pikist
Inspired by the Christmas Spirits and holiday flavours is a wonderful concoction of warm whisky, sweet vanilla, and thick butter.
45 ml Butter fat washed Whiskey
20 ml Ginger bread syrup
15 ml Spiced Apple liquor
2 dashes of Bitters
1/2 teaspoon Vanilla extract
1. Pour all ingredients into a cocktail shaker
2. Shake well
3. Pour into an old-fashioned glass
4. Garnish with Gingerbread cookie
Inspired by the Christmas Spirits and holiday flavors is a wonderful concoction of warm whisky, sweet vanilla, and thick butter. | Flickr
(Keywords: Santa's Apple, Egg Nogs, December, Cocktail, Cocktail, Christmas, holiday, celebrations)