Indian employers optimistic about hiring in 2023: Report

Indian employers are optimistic about their hiring activity for the next year, as 45% of the employers in a survey expect up to a 20% increase in hiring, according to a report from job aggregator Indeed.

According to media reports, the Indeed report showed that more than half of all employees (57%) are unenthusiastic or bored about their current jobs, with over 50% preparing for new opportunities by reskilling/upskilling. About 28% of those who are looking for jobs have mentioned that they will prioritise happiness and flexibility and 19% have said that they prioritise a good work-life balance.

About 65% of the survey’s respondents believe that the ongoing layoffs may keep them unmotivated from making more achievements at their jobs. Media reports said that 18% of employers in the survey feel that inflation and 15% of the employers believe that ongoing layoffs are things to be on the lookout for in 2023. 

As a result, 45% of the employers surveyed reported said that they have hired cautiously during 2022. Additionally, 64% of the surveyed employers were hired between October to December.

Regarding sectors, 35% of employers look forward to adopting AI/digital/social media for talent acquisition and 26% plan to explore hyper-local/niche job boards, according to the Indeed report. In terms of non-technical skills, 31% of the employers looked for communication skills, 19% for creativity, and 12% for complex problem-solving.

Media reports said that the top roles hired during October-December 2022 included DevOps engineers, data scientists, data engineers, and game developers.

With the rollout of new technologies and increasing government initiatives for job creation, hiring activity can be expected to remain positive.

Source: Economic Times