Indian companies turn upbeat on hiring
New Delhi: India Inc's hiring activity has increased considerably since September last year and the current recruitment level is one of the highest globally, says a survey by international recruitment firm Antal.
The quarterly global survey asked more than 6,000 firms in 30 countries that whether they were hiring at managerial and professional level and planned to do so in the coming quarter as well.
As much as 71 per cent of Indian companies surveyed said they were currently hiring compared to around half in September, the survey revealed.
Nigeria (79 per cent) is the only country to have a higher rate of hiring than India's. "Confidence is back at its peak in the Indian job markets, its happy days again for job seekers," Antal International Managing Partner Joseph Devasia said.
Further, the survey stated that Indian firms plan on increasing their hiring activity even more, with 78 per cent expecting to hire managerial staff over the next three months.
"Combined with a very low rate of letting people go (16 per cent and set to drop by a further three per cent) the results indicate a strong employment market which is improving all the time," the Antal report noted about India.
NTPC to hire 6,000 people over five years
Chennai, Feb 2 (IANS) India's NTPC Ltd, one of Asia's largest power generation companies, plans to hire 6,000 people over the next five years, a senior company official said here Tuesday.
'For the past four years we have been hiring around 1,200 people every year. This trend will continue for the next five years,' R.C. Shrivastav, director (Human Resources), told reporters on the sidelines of a press meet.
Taking into account the retirements and attrition, the annual addition of manpower will be around 700 people, he said.
'Currently the company has around 25,000 employees and by 2017 the employee count will be around 30,000,' he added.
NTPC has drawn out an ambitious expansion plan with a target to have 75,000 MW installed power generation capacity. The company currently has an installed capacity of 31,134 MW.
According to officials, around 17,930 MW capacity is under construction and about 33,000 MW are under various stages.
Queried about having three employees per MW by 2017 (30,000 employees for 75,000 MW), Shrivastav said: 'In respect of plant operations, the manpower is in line with the global benchmark. While foreign power plants outsource activities like maintenance and others, NTPC does them by itself.'
Majority of the new recruits will be engineers, he added
Infosys, TCS to hire go on hiring spree
New Delhi, Jan 24 (PTI) With improving business sentiment and revival in IT spends, hiring seems to be back in full swing at software firms like Infosys and TCS.
While the country''s largest IT firm, Tata Consultancy Services (TCS) has made gross additions of over 21,000 people till the third quarter (Q3) of financial year 2009-10, Infosys plans to hire 24,000 in 2010-11.
"We have made gross additions of over 21,000 people, including subsidiaries till Q3 FY''10. With utilizations at optimum levels (81.1 per cent, excluding trainees), we will look at aggressive hiring in the current quarter to match our talent needs with the business demand," TCS Vice-President and Head (Global HR) Ajoy Mukherjee told PTI.
In Q3 of FY''10, TCS had made 7,692 net additions, compared with a net addition of 320 in the previous quarter.
"Hiring has gained momentum as forecasted. Within Monster, in December 2009, we saw 33 per cent growth in job postings over November and 90 per cent compared to May in the software, hardware and EDP category," Monster.com India Manging Director (Middle East and South East Asia) Sanjay Modi said.
With the market sentiments improving and enhanced focus on domestic market, IT firms have got back to the hiring spree.
"Infosys will be hiring 6,000 people in Q4 FY''10. Of these, 1,500-2,000 will be lateral hires. With this, the total gross hiring in FY''10 will be 24,000 (gross)," an Infosys spokesperson said
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New Delhi: India Inc's hiring activity has increased considerably since September last year and the current recruitment level is one of the highest globally, says a survey by international recruitment firm Antal.
The quarterly global survey asked more than 6,000 firms in 30 countries that whether they were hiring at managerial and professional level and planned to do so in the coming quarter as well.
As much as 71 per cent of Indian companies surveyed said they were currently hiring compared to around half in September, the survey revealed.
Nigeria (79 per cent) is the only country to have a higher rate of hiring than India's. "Confidence is back at its peak in the Indian job markets, its happy days again for job seekers," Antal International Managing Partner Joseph Devasia said.
Further, the survey stated that Indian firms plan on increasing their hiring activity even more, with 78 per cent expecting to hire managerial staff over the next three months.
"Combined with a very low rate of letting people go (16 per cent and set to drop by a further three per cent) the results indicate a strong employment market which is improving all the time," the Antal report noted about India.
NTPC to hire 6,000 people over five years
Chennai, Feb 2 (IANS) India's NTPC Ltd, one of Asia's largest power generation companies, plans to hire 6,000 people over the next five years, a senior company official said here Tuesday.
'For the past four years we have been hiring around 1,200 people every year. This trend will continue for the next five years,' R.C. Shrivastav, director (Human Resources), told reporters on the sidelines of a press meet.
Taking into account the retirements and attrition, the annual addition of manpower will be around 700 people, he said.
'Currently the company has around 25,000 employees and by 2017 the employee count will be around 30,000,' he added.
NTPC has drawn out an ambitious expansion plan with a target to have 75,000 MW installed power generation capacity. The company currently has an installed capacity of 31,134 MW.
According to officials, around 17,930 MW capacity is under construction and about 33,000 MW are under various stages.
Queried about having three employees per MW by 2017 (30,000 employees for 75,000 MW), Shrivastav said: 'In respect of plant operations, the manpower is in line with the global benchmark. While foreign power plants outsource activities like maintenance and others, NTPC does them by itself.'
Majority of the new recruits will be engineers, he added
Infosys, TCS to hire go on hiring spree
While the country''s largest IT firm, Tata Consultancy Services (TCS) has made gross additions of over 21,000 people till the third quarter (Q3) of financial year 2009-10, Infosys plans to hire 24,000 in 2010-11.
"We have made gross additions of over 21,000 people, including subsidiaries till Q3 FY''10. With utilizations at optimum levels (81.1 per cent, excluding trainees), we will look at aggressive hiring in the current quarter to match our talent needs with the business demand," TCS Vice-President and Head (Global HR) Ajoy Mukherjee told PTI.
In Q3 of FY''10, TCS had made 7,692 net additions, compared with a net addition of 320 in the previous quarter.
"Hiring has gained momentum as forecasted. Within Monster, in December 2009, we saw 33 per cent growth in job postings over November and 90 per cent compared to May in the software, hardware and EDP category," Monster.com India Manging Director (Middle East and South East Asia) Sanjay Modi said.
With the market sentiments improving and enhanced focus on domestic market, IT firms have got back to the hiring spree.
"Infosys will be hiring 6,000 people in Q4 FY''10. Of these, 1,500-2,000 will be lateral hires. With this, the total gross hiring in FY''10 will be 24,000 (gross)," an Infosys spokesperson said
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