According
to a recent report by PTI posted on Business
Standard which talks about how the report revealed that 32 per cent of hiring is
expected to be in the level of those having 4-8 years of work experience
Recruitment activities are expected to be focused
on filing new positions in 2024-25 as hiring for fresh openings will make up 27
per cent of talent hunting efforts of employers across sectors, a report said
on Thursday.
Hiring for replacements for existing positions will
take at least 23 per cent of recruitment efforts in the current fiscal, said
staffing solutions and HR services provider Genius Consultants' Hiring,
Compensation, and Attrition Management report
"The hiring outlook for 2024-25 across the industry indicates a
strong focus on new position hiring, which will make up 27 per cent of
recruitment efforts. This strategic direction reflects a commitment to meeting
the evolving demands of the market and the infusion of fresh talent,"
Genius Consultants CMD R P Yadav told PTI.
While replacement hiring will still be
necessary, comprising 23 per cent of recruitment activities, the primary goal
is to drive growth and innovation by creating new roles that align with the
future needs of the industry, he said.
The report by Genius Consultants is based on a
survey among 1,114 human resource professionals and C-suite executives between
March 1 and April
15 this year.
The report further revealed that 32 per cent
of hiring is expected to be in the level of those having4-8 years of work
experience.
In terms of experience levels, the data
prioritises employees with 4 to 8 years of experience, while 26 per cent in the
1-4 years of experience level, only 15 per cent is projected to be recruiting
freshers, it stated.
The report also revealed that in FY25,
non-contractual temporary roles are expected to account for 27 per cent of the
hiring initiatives, followed by fixed term contractual hiring with 25 per cent,
gig-staffing 24 per cent, while permanent positions make up for the remaining
24 per cent.
Read more at:
https://www.business-standard.com/industry/news/hiring-for-new-roles-to-take-27-effort-of-hr-professionals-in-fy25-report-124052301168_1.html
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