Job prospects are going to improve, 88% of Indian companies to increase headcount: Report

If trends are to be believed, the future is going to be glorious for professionals and managers.

As per the 18th edition of the Antal Global Snapshot from international recruitment firm, Antal International, the job prospects are going to be good.

The survey on hiring and firing trends revealed that 63% of companies in India were hiring and recruitment levels remained optimistic as 88% of organisations will increase their head count.

Meanwhile, 29% of companies are laying off their staff.

The survey was taken by 2,292 companies in India and stated that more jobs will be in accounting as the percentage stood at 79%

Rest were in sectors like Education(78%), E-commerce(74%), SSC/BPO (73%), IT(67%), Banking(65%), Pharma(62%), FMCG(60%), etc.

However, tables will turn in the next quarter as ICT Hardware will see 83% hiring, E-commerce (71%), Marketing Advertising (68%), etc.

"In India, consumer focused industries led by e-commerce companies are leading the hiring march, and will continue to do so in the next quarter too. However Education, Pharma, ITES and Consumer Electronics also have showed strong growth and hiring outlooks remain high,” said Joseph Devasia, Managing Director Antal International, India.

(Image: Thinkstock)