Companies bullish on hiring, face talent crunch, says survey
36 per cent of those surveyed opined the raises would be in single digits.
"Lowest increments were predicted by banking sector employers where about 60 per cent of them said that salary hikes in their organisation will be less than 10 per cent in
2013," the statement noted.
Info Edge (India) Chief Financial Officer Ambarish Raghuvanshi said that while businesses are understandably cautious, improvements in government decision making, macro environment and financial markets should lead to a better hiring climate over the next few months. Naukri.com is part of Info Edge.
"Owing to the uncertain economic environment, 63 per cent recruiters say that attrition levels in their organisation is less than 10 per cent as compared to 55 per cent stating the same in July 12," the statement said.
In terms of hiring sentiment, recruiters from Hyderabad and Bangalore were most optimistic.
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