India leads in the head-hunting stakes
If you're in India, New Zealand, Taiwan, the United States or Australia and are planning a job change then you can afford to put your feet up and relax. Yes! You might not even have to go hunting for a suitable break; it'll probably come knocking on your door.
If the findings of the Manpower Employment Outlook survey are anything to go by, then most big companies and leading businesses are likely to boost their human resource count during the first quarter of 2006. India leads the pack of countries including China, Mexico, and Ireland among others wherein the job market is slated to be on an upswing in the coming months. Things don't so bright and cheery for Europe however; especially Germany, Austria, Sweden, France and Italy where the economic slowdown is likely to impact the job market adversely.
The Manpower survey of 23 countries revealed that with a net employment (NEO) outlook of 27 percent India's managed to outdo many growing economies. This is in spite of a 13% drop in net employment outlook - the difference between the number of employers planning to reduce staffing levels and the number planning to hire staff - since the fourth quarter of 2005.
India is followed by New Zealand at 24% and Taiwan at 22%.
In India, about 30% of the respondents were positive of a step-up in hiring whereas 3% believed that there would be a drop. Those who felt that the headcount would stay the same were about 47%.
About 20% said their recruitment plans were as yet undecided.
The finance, insurance and retail industry totted up the highest NEO, with the services industry, transportation & utilities, manufacturing, wholesale and retail trade, public administration & education and the mining & construction sector following in that order. This trend is echoed in forecasts the word-over. However, the fact remained that the forecast for the next quarter isn't as bullish as the current one.
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