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Hiring in India: 37% employers planning to increase staff strength by 2024 March quarter, survey shows

  • India leads global hiring sentiments with a 37% Net Employment Outlook (NEO) for January-March 2024, reflecting a 5% increase from 2023. The Financial and Real Estate sector boasts a robust 45% outlook.
  • Globally, India and the Netherlands lead with 37%, followed by Costa Rica and the US at 35%, and Mexico at 34%, surpassing the 26% global average.
  • Talent acquisition challenges persist, with 81% of Indian employers struggling to find skilled talent, particularly in Transport, Logistics, and IT. Companies respond with a focus on flexibility, higher wages, and upskilling as they navigate evolving workforce dynamics.

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