BANGALORE: After a long hibernation of 18 months, headhunters are actively out in the market as talent requirements have started trickling in.<\/p>\n
The hiring momentum is expected to pick up from April onwards.<\/p>\n
Even in a worst scenario, calendar 2010 will create around 50,000 fresh IT\/ITES jobs against zero fresh jobs except a very thin campus hiring – in the previous year. The calendar 2007 had witnessed a bumper hiring at over 3 lakh while the growth got tapered off towards the third quarter of 2008 clocking a total hiring of only 1.8 lakh.<\/p>\n
B S Murthy, CEO, Leadership Capital says the new year will usher in recovery and a wave of general optimism across segments. \u201cThis means a complete change from the current skeletal and need-based hiring. The large volume-hiring realm (services space) will warm up by the second quarter of calender 2010. A 15% increment in hiring volumes is expected in the first two quarters while the growth could cross 20% or double towards third and fourth quarter.\u201d<\/p>\n
According to Nirupama V G, MD, AdAstra, requirements will start pouring in like tsunami, HR departments of many corporates have already geared up for large scale hiring after a long standstill. \u201cNormalcy will return to the industry by April. In addition to domestic hiring , India is going to emerge as a huge sourcing ground for global jobs across segments, positions and profiles.\u201d<\/p>\n