Updated Jan 21, 2021 | 08:30 IST
As many as 60% companies want to give salary hikes and bonus payouts to employees in 2021. Out of employers surveyed, 30% are still mulling to whether to extend the benefits to their workforce. Jobs, salary hikes, bonuses likely to make comeback in 2021: report | Photo Credit: Thinkstock
New Delhi: In the pandemic-scarred 2020, salaried employees who retained their jobs did not anticipate salary hikes and bonuses yet a very small proportion of companies did.
However, this might change in 2021 as 60% companies want to give salary hikes and bonus payouts. Out of employers surveyed, 30% are still mulling to whether to extend the benefits to their workforce.
India Inc on recovery path, 53% companies to raise headcount in 2021: Report
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. Updated: 21 Jan 2021, 06:48 PM IST PTI
India projects an optimistic outlook for 2021, with 60% of the employers surveyed intending to increase salaries, while 55% of the companies planning to give out bonus payments and 43% of them looking to give out more than one month s worth of bonus
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MUMBAI :
Even as India s hiring activities declined last year due to the coronavirus pandemic, there is a sudden increase in demand with about 53% of companies saying they are planning to increase their headcounts in 2021, according to a survey.
74% of India s tech firms to increase headcount by 14%: Report daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.
Green shoots | 53% of India Inc to hike headcount in 2021: Study
According to the report, 60 percent of the employers intend to increase salaries while 55 percent of the companies plan to give out bonus payments.
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Green shoots are slowly seen in the Indian employment market with close to 53 percent companies looking to increase their headcount in 2021.
A report by HR firm Michael Page India says that there are optimistic recruitment trends across industries in 2021. The new normal signals a hybrid work culture, as firms and industries across sectors work towards a healthy recovery with a renewed positive outlook
The COVID-19 pandemic adversely impacted economies across Asia Pacific, including India. India entered 2020 with robust hiring activities. However, the pandemic led to a dip in hiring activities by 18 percent in 2020. With that said, optimism is already starting to show, with about 53 percent of companies in India looking to increase their headcount
Even as India s hiring activities declined last year due to the coronavirus pandemic, there is a sudden increase in demand with about 53 per cent of companies saying they are planning to increase their headcounts in 2021, according to a survey.