Almost 77 per cent employers in India’s services sector are keen to make new hires in Q4 of this financial year (January-March), said a report on Tuesday, marking strong business sentiment in the country at a time of global recession fears.
At least 73 per cent of employers had said the same in Q3, according to the Employment Outlook Report by staffing firm TeamLease. The report covered 573 small, medium and large companies in 14 service industries in 14 Indian cities. It included four hierarchical levels (entry, junior, mid and senior) in metro cities, tier- 1/ 2/3 cities and rural areas.
In services and manufacturing, 68 per cent employers (65 per cent in Q3) expressed a positive hiring sentiment. Among