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Indian businesses have bullish hiring
October 12, 2021
Indian businesses have bullish hiring plans and are investing into their workforce as they hope to rebuild from the pandemic, says a survey. As per HSBC’s Future of Work review, which covered 2,130 business leaders universally, including more than 219 respondents in India, hiring is a key focus area for financial recuperation among Indian firms.
“The greatest hiring spree is normal from Indian (joint highest with Mexico) firms as 80% of the reviewed organizations hope to expand their full-time employee base throughout the next year,” the study said.
The pandemic additionally impacted the benefits offered by corporates to their employees. The main three contributions by the reviewed Indian organizations to their representatives during the pandemic include flexible working hours (52%), improved health insurance (49%), and guidance and resources for wellbeing (49%).
“With the effect of the pandemic ebbing endlessly and an economic recuperation on the cards, organizations are preparing for development. This positive feeling is obvious as organizations are investing into hiring and up-skilling their workforce,” said Rajat Verma, Head of Commercial Banking, HSBC India.
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