Call 5059995 
 SMS butv to 59995    
 On mobile: wap.bloombergutv.com    
India Inc set to see high attrition
PTI
Published on Mon, Jan 4, 2010 at 16:25 IST

Follow us on :

NEW DELHI: With the revival of the job market, India Inc is all set to witness a significant jump in attrition levels, especially in sectors like aviation, information technology and business process outsourcing, executives search firm GlobalHunt India said today.

"Attrition is a sign that there is a growth in the industry. Attrition will go up the moment the job market picks up," GlobalHunt India director Sunil Goel said, adding
that sectors such as BPO as well as IT and aviation were likely to see the maximum attrition.

2009 was one of the worst years in terms of job market as terms such as layoffs, pink slips and right sizing became hot topics in household discussions. The later part of 2009, however, saw signs of revival reflecting improving sentiment in India.

International Labour Organisation also reported that as many as five lakh jobs were created in the third quarter following the government's stimulus measures.

According to global staffing services firm Manpower, the recruitment pace is expected to return to the pre-recession level this year, and corporate India's hiring outlook has risen across all sectors.


Rate this article

You may also be interested in:
World | Europe | BRIC | Exclusive

comments 0 comments | view all
Have to say something?
  • Comment :
  •  
  • Name :
  •  
  • City :
  •  
  • Email :
  •  
  • Verification : Type the text in the picture below
      captcha
  •  





  •  
  •  
  •  
  •  
 
advertisement
 
Whats happening on bloombergutv
Latest News Headlines
Latest Market News
Sensex opens up 61pts at 17444
9:00 | Sensex and the Nifty, the benchmark indices of BSE and NSE, open higher on back of positive global cues.
Twitter Posts