Entry, Junior Level Hiring To Fall In Coming Months: Teamlease

Thursday, 26 September 2013, 13:21 Hrs
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New Delhi: Entry and junior level hiring are likely to witness a decline in the second half of this fiscal as employers are looking to hire "productive workforce", according to a report by TeamLease Services.



Employers are hiring reactively (just-in-time) when there are projects as employment intentions lag business sentiment, and this leaves little scope for training and orientation, the report said.



Further, hiring activities in tier-2 and -3 cities are expected to slow down for the coming half year across sectors and cities, TeamLease Services' Employment and Business Outlook Report for the half year period (October 2013 to March 2014) said.



"The next few quarters will be interesting to watch due to the mixed signals emanating from various sources," TeamLease Services Senior Vice-President and Co-Founder Sangeeta Lala said.



Lala further added that "while businesses seem positive, hiring is not keeping pace though the requirement for good talent is always there. Various industries too are bearing the brunt of the slowdown, and how well they realign themselves to the ground realities will determine the future."



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Source: PTI
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