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50% increase in hiring prospects for July-September quarter

Despite the challenges faced by companies post the Covid waves, there is an apparent increase in hiring as a result of subsequent recovery due to the stabilisation of the market

Source | | Brinda Sarkar, ET Bureau

There is expected to be a big leap in hiring during the July-September quarter, finds data from global and local human talent management company Spectrum Talent Management.

An overall growth of 50% in hiring is expected in the incoming quarter.

Sectors like IT, telecom, BFSI, FMCG and healthcare saw a significant QoQ (quarter on quarter) and YoY (year on year) increase ranging at a 25% increase up to 90% increase with respect to their domains. Some other sectors like manufacturing, automotive and EPC have been watchful during the last year due to apparent constraints but now the hiring scenario is expected to change in this year.

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