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India Inc optimistic about new job openings in FY23: Report

According to 'The 11th Hiring, Attrition and Compensation Trends Report 2022-23' by Genius Consultants, 72 per cent corporates believed that there will be vacancies opening up for new positions, while 18 per cent indicated towards replacement hiring

Source | economictimes.indiatimes.com | PTI

India Inc seems to be optimistic about opening of new vacancies amid steady hiring trends during the current financial year as the country’s economy is on a growth trajectory, a report released on Saturday said.

At least 72 per cent organisations which participated in a survey believed that there will be more hirings for new positions during this fiscal.

According to ‘The 11th Hiring, Attrition and Compensation Trends Report 2022-23’ by Genius Consultants, 72 per cent corporates believed that there will be vacancies opening up for new positions, while 18 per cent indicated towards replacement hiring.

The report further said that the companies are also reviewing internally to strengthen their workforce.

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Source
economictimes.indiatimes.com
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