Joseph Devasia - Managing Partner

A quarterly survey of employment trends in over 30 key countries has found the percentage of organizations in India hiring professionals and managers has rebounded to 51% after a dramatic fall to 29% at the beginning of 2009. As a result job prospects for professionals and managers in India are now better than the global average.

The ‘Global Snapshot’ from the international recruitment firm, Antal, asked 7397 companies in major markets such as western and eastern Europe, Africa, India, China and the USA whether they were currently hiring at professional and managerial level. It then asked whether they planned to do so in the coming quarter and whether they were currently letting staff go or were planning to do so in the next three months. Current hiring across the globe was up from 46% of respondents in April to 50% now. And the percentage of organizations intending to hire in the coming quarter was up from 44% to 48%. At the same time the percentage of organizations intending to shed staff had fallen from 35% in the spring to 25% now.

In India, where Antal currently has eight offices, 66% of businesses expected to recruit in the coming quarter. Only 22% were in the process of reducing headcount and this was expected to drop to 21% over the next three months.

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