Source | www.livemint.com | Ayushman Baruah
BENGALURU: Most recruiters feel it will take three-six months for hiring to return to pre-covid levels, while 15% expect it to take more than a year, said a survey conducted by job portal Naukri.com.
The survey, covering over 1,600 responses from human resources and recruitment heads, found that only 15% of the recruiters and HR heads confirmed layoffs are being announced whereas one-third assured there will be no layoffs. This contrasts with a separate job-seeker sentiment analysis taken by over 50,000 job seekers wherein almost 21% confirmed layoffs.
This comes when various organisations especially startups have laid-off thousands of people in the last two months or so as they are unable to sustain the losses due to the impact the covid-19-induced lockdown.
According to the Naukri.com survey, only one in every five HR heads confirmed salary cuts. “This clearly indicates the need for transparent and frequent conversation between the employer and employees. Another good news for jobseekers was around job-offers,” the report stated.
42% HR heads and recruiters confirmed that job offers made prior to the lockdown will be honoured while only 6% indicated that they will be withdrawn and the balance indicated the offers being valid with deferred joining dates.