According to the job portal Naukri, the job market is witnessing huge ups and downs due to quitting.
Job seekers, in general, are offered better pay increases for job seekers in the coming months and some 40% of employers are expected to give an average salary increase of 15%, as seen by the job seekers. According to a hiring outlook released on Tuesday by The job hiring outlook for 2022 showed that 57% of recruiters indicated both new and replacement hiring in their organizations as of June this year, compared to 51% intending to hire during the first half of last year.
In addition, some 62% of recruiters anticipate hiring to return to pre-pandemic levels in their organizations by June 2022.
Pawan Goel, Chief Business Officer, Naukri.com said, “The expectation by companies to return to normalcy is fueling a strong recruitment sentiment as demand has eased across sectors.”
From an experience perspective, recruiters expect maximum hiring for the experience band of 3-5 years (67%), followed by 1-3 years (53%), and 5-8 years (53%), according to the study. .
Also, most attrition is expected from employees in the experience category of 3-5 years (51%), followed by 1-3 years (45%).