52% companies say new jobs will be created in FY 2012-13


KOLKATA: Around 52% companies have said that new jobs will be created in FY 2012-13, says a survey on the hiring scenario of 2012-13 conducted by Kolkata-based Genius Consultants with 353 companies across India.


About 3% companies have said that there will be layoffs this year and another 5 % said that there will be no hiring.


The survey also revealed that organisations plan to give increments to their employees in 2012-13. 36% companies said that the range of increments will be between 10-15%; 21 % expected it to be in the range of 15-20%. A mere 5% expected it to be less than 5%.


When companies were questioned on what experience levels they would witness for hiring, 46% of them said 4-8 years and 35% of them said that it would be within 1-3 years. Some 9% felt it was 8-15 years and 7% said that jobs would be created for freshers.


The widening gap for demand and supply for talented workers has become a major cause for worry. Among the companies surveyed, 35% said that the maximum talent crunch was witnessed in the 4-8 year experience bands.


Attrition has long been an area of concern for recruiters. The majority of the companies said that attrition level in their organisation was between 15-20% during the year 2011-12.


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