India's hiring outlook shines bright for the holiday season: Indeed

 


Indeed, a leading global matching and hiring platform recently launched a survey that uncovers hiring outlook, as festive season looms. The report examines how industries tap into the celebratory fervour to meet workforce demands and create opportunities, adding a unique dimension to the employment outlook. This study was conducted among 1,127 employers and 2,593 jobseekers.The survey was conducted by ValuVox between April - June 2023, on behalf of Indeed.

While the holiday spirit sparks hiring and earning opportunities, it also unlocks compensation & benefits for both job seekers and employers during this time. To the job seekers’ advantage, companies have geared up to provide benefits that are mostly preferred by candidates. However, when it comes to certain perks, job seekers and employers are not entirely on the same page. Festive rewards and gifts are preferred by 16% of job seekers, but only 9% employers are offering these. Similarly, performance-based appreciation is of priority for 14% of job seekers, but only 8% employers feel the same. This mismatch can likely be attributed to the fact that employers are providing increased earnings and incentives which they believe compensate for additional gifts or merit-based rewards.According to Indeed, 69% of employers surveyed are looking to hire temporary workers this festive season.

Commenting on the survey findings, Sashi Kumar, Head of Sales, Indeed India, said: “Sectors like e-commerce, retail, logistics, supply chain, etc. are driving job creation and economic growth for blue-collar workers in roles like delivery executives, warehouse staff, in-store retail jobs, and more. We anticipate a steady growth in hiring throughout the rest of the year, across tier 1 and 2 cities and industries.”

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