Hiring, better appraisals back on India Inc agenda amid Covid-19 pandemic

 


Adapting to the new hybrid normal of working remotely as well as from office, cautiously optimistic companies are looking to hire more people and provide better appraisals in 2021, as they step out of pandemic-ravaged 2020.

The pandemic emerged the biggest inflection point for the Indian job landscape. For corporates, work-from-home and remote workers became the new normal, while for professionals, online learning and digital skills took centre stage.

In 2020, most companies “deprioritised” their hiring plans amid the uncertain economic outlook, while industries such as travel, hospitality, retail, aviation, real estate, construction, and automobile were severely hit. Nevertheless, there is cautious optimism among corporates, which is getting reflected in their recruitment plans for the new year.

“Yes, the market is showing positive signs of recovery with almost all industries showing growth in hiring but with caution. Overall, the intent to hire recovered smartly from 11 per cent during the lockdown period to 18 per cent for HY (half year), and this number is growing,” said Deval Singh, business head, mobilization (hiring), at TeamLease Services.

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