NEW DELHI: High on hope street, the job market promises pay hikes in the range of 10-30 per cent and aggressive hiring by the private sector in 2016, but a push will need to come from e-commerce and 'Make in India'. Another boost can come from the Seventh Pay Commission, which will trigger a big hike in salaries of the government employees, and a domino's effect can be seen on pay packets of many in the private sector as well.
NEW DELHI: Make in India hiring is on a roll this year, especially at the CXO levels. At least six leading headhunting firms predict the manufacturing sector to see most of the action this year. Korn/Ferry, Heidrick & Struggles, RGF, Hunt Partners, Michael Page and EMA Partners expect manufacturing to be the highest contributor to their revenue this year, with them currently working on at least 40 searches from this sector. Hiring for manufacturing at the CXO levels echoes also the trend at the India's premier engineering colleges, Indian Institutes of Technology.
MUMBAI: Indian employers are the most bullish in the world when it comes to hiring plans for the quarter to March 2016, according to the latest edition of the Manpower Employment Outlook Survey which covers 58,000 firms across 42 countries. With about 42% of the 5,065 employers surveyed in the country expecting to add to their staff during the quarter, India has topped the list for the second consecutive quarter. "Job prospects are continuing to improve.
NEW DELHI: Globally, Indian employers are the most upbeat on hiring plans in the fourth quarter ending December 2015, according to the Manpower Employment Outlook Survey. Sectors like wholesale, retail, utilities — mainly logistics — and transportation are likely to hire aggressively in the next quarter. Over 41% of employers in India are looking at increasing hiring numbers for the fourth quarter as compared to the quarter ending September. Around 5,000 employers were covered as part of the survey in India.
OTTAWA — Don’t expect Canada’s employment picture to improve in any significant way soon.
Finance Minister Jim Flaherty concedes that job creation in this country will be “modest” at best this year. But a spokesman for a major workforce consultancy group goes even further, saying the employment market is actually “flat-lining.”
Byrne Luft, vice-president of operations at Manpower Canada, blames poor productivity, a skills mismatch and high labour costs for many of our problems.
WASHINGTON (AP) — U.S. hiring roared back in October after two weak months, with employers adding a robust 271,000 jobs, the most since December. The unemployment rate dipped to a fresh seven-year low of 5 percent.
OTTAWA — Something is stirring in Canada’s manufacturing base.
The value of our dollar is down, and that has helped push employment up in a sector that dearly needs it.
However, there is more to the story: Regardless of currency fluctuations, companies that export their products to the United States, in particular, have been looking for more flexibility in the way they build market share and create jobs.
So far, and despite big job losses since the recession, that has been a slow process. But it appears to be paying off.
We've been hearing a lot about a "comeback" or even a "renaissance" in U.S. manufacturing this year. Is it real? Well, it depends on what you mean. So far, there hasn't been much of a revival in manufacturing jobs. Take a look at the chart of U.S. manufacturing payrolls — any gains will pale in comparison to where we once were: