Due to the long-standing lockdown, there is a lot of confusion about the job in the country, at a time when most employers of the country want to maintain their existing workforce. This information has been revealed in a survey. According to the 9th Hiring, Attrition and Competition Trend 2020-21 of staffing company Genius Consultants, about 81% of employers said they wanted to work with existing people even further. This means that for the time being, the participants in the survey have kept the job free from the concerns of retrenchment.
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Regarding this matter, it has been said in the survey that about 53% of employers do not want new recruitment. About 15% of the respondents in the survey said that they can hire replacement. Interestingly, 10% of the respondents said that there will be new job opportunities in this financial year.
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There will be no salary hike this year, because 61% believed that this is not possible in view of the current economic situation. While 27% believe that the salary increase will be less than 5%, around 11% believed that the increment will be between 5-10%.
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