Recruitment Trends. Recruitment Trends in India Like any different industry, the recruitment industry is cyclical. IT follows the cycles of other industries to a large extent. only the recruitment industry has a significant advantage because of the products it promotes adroit manpower. For any organization, in any kind of economy, skilled manpower is absolutely essential. In a booming economy, companies in India were offering high salaries and attractive incentive packages to attract the best talents to their payroll. However, as the economic downturn hit countries around the world, Indian companies suffered too. Lay-offs, salary f ares and deferred payments became commonplace. A vast pool of skilled, un-employed candidates was created during this recession. During this period, hiring was extremely especial(a) and companies could cherry-pick from the cream of the crop. Now that the economy, at least in India, seems to accept stabilized and started clawing back to what is was in 2008, some striking trends ar being observed in the recruitment industry. These trends have their root in the recession and its effects on product line seekers and recruiters. Some of the key trends have been discussed below.
signalize Hiring Many companies that cut back to bare bones staff during the worst of the recession are now beginning to hire contract workers. Contract hiring makes sense when the economic situation is still volatile and a company does not want to commit its financial resources to a full-time permanent hire. Also, contract employees are usually brought on board with the idea of handling one set depict or providing a select skill set. So the treat of hiring a contract employee is usually a little more(prenominal) streamlined as well. Just-In-Time Hiring Today, the key focus of talent acquirement teams has changed from hiring generic skilled resources as strategic buffers to meet future(a) ramp-ups to hiring just-in-time based on business demand. This ensures that lead times are reduced... If you want to get a full essay, order it on our website: Orderessay
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