Last year there was a drop in new jobs due to the Corona epidemic. But now a sudden increase in demand has been seen. And about 53 percent of companies have said that they plan to increase the number of people in 2021. This has been revealed in a survey. The epidemic has severely affected economies in Asia-Pacific, including India, which began in 2020 with strong hiring. This is a Talent Trends 2021 report by professional recruitment services company Michael Page India.
New jobs drop by 18 percent in 2020
The report further states that there has been an 18 per cent decline in new jobs in 2020 due to the epidemic. However, in the report based on the survey, it has been said that improvement has started showing. About 53 per cent of companies in India are considering increasing their workforce in 2021. Michael Page India Managing Director Nicolas Dumoulin said that technology and healthcare sectors saw enough jobs even during the lockdown, due to sudden increase in demand. He further said that hiring in Internet-based businesses such as e-commerce and education technology remained strong compared to others and it is expected to continue in 2021.
According to the report, India has an optimistic outlook for 2021, in which 60 per cent of the surveyed employees say to increase their salary, while 55 per cent of the companies plan to give bonus payment and 43 per cent one month bonus. The results of the report have been taken from a survey conducted in 12 Asia-Pacific markets. It includes more than 5,500 businesses and 21,000 employees, of which over 3,500 are directors or CXOs.
The report further states that the highest increase in salary in the healthcare sector is expected, this will be an average increase of 8 per cent. This is followed by consumer goods (7.6 percent) and e-commerce/internet services (7.5 percent).