- \n
- Junior Level segment showed the highest and fastest bent to get hired in the past quarters while middle segment showed a single-digit negative growth<\/li>\n
- Organisations surveyed expected an average 12.7 % salary hike for all employees across industries in 2011.<\/li>\n
- 94% respondents said the coming quarters will see aggressive recruiting for new positions and attrition backfill, states Mercer India Monitor 2011<\/li>\n<\/ul>\n
SALARY INCREMENTS<\/strong><\/p>\n
- \n
- Barring the Pharma sector, a 12.7% hike in salaries can be expected across industries, compared to 2010. Of this trend, the automobile sector is expected to gain the most \u2013 14%, while the consumer industry is expected to gain 13.8%. IT and telecom sectors are expected to face a dip of 11.8 %.<\/li>\n<\/ul>\n
HIRING INTENTIONS<\/strong><\/p>\n
- \n
- 94% of the companies will pace up recruitments, while the remaining 6% will stay content with their present headcounts.<\/li>\n
- Pharma, financial services & insurance and chemical sectors will see increased hiring in sales and marketing<\/li>\n
- 100% respondents felt there will be more hiring in the technical and engineering space while 75% felt the same for IT and telecom division<\/li>\n<\/ul>\n
IMPACT OF RISING INFLATION<\/strong><\/p>\n
- \n
- Respondents have increased the travel and fuel reimbursements for their employees on account of rising prices<\/li>\n
- 38% of the respondents agreed to have hiked salaries by over 5% to counter inflation<\/li>\n<\/ul>\n
HR BUDGETS<\/strong><\/p>\n
- \n
- 85% respondents were positive in increasing the proportion of employee salaries in the overall HR budgets in 2011<\/li>\n<\/ul>\n
VARIABLE PAY<\/strong><\/p>\n
- \n
- Variable pay is one area where not much improvement can be expected in the coming quarters<\/li>\n<\/ul>\n
Source of Information:\u00a0Times Ascent<\/span><\/p>\n
\nThis post appeared on the <\/span><\/span><\/span><\/span>getsetResumes.com Blog<\/strong><\/span><\/a><\/span><\/span><\/span><\/h4>\n
- Variable pay is one area where not much improvement can be expected in the coming quarters<\/li>\n<\/ul>\n
- 85% respondents were positive in increasing the proportion of employee salaries in the overall HR budgets in 2011<\/li>\n<\/ul>\n
- Barring the Pharma sector, a 12.7% hike in salaries can be expected across industries, compared to 2010. Of this trend, the automobile sector is expected to gain the most \u2013 14%, while the consumer industry is expected to gain 13.8%. IT and telecom sectors are expected to face a dip of 11.8 %.<\/li>\n<\/ul>\n
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