Hiring sentiments high among Small companies: HR Report

New Delhi, July 7 (KNN) The hiring sentiment among micro businesses have grown at the highest rate of 47 per cent which is up by 6 per cent from the previous quarter.

As compared to medium and large-sized businesses with 69 per cent, a four per cent increase from the previous quarter.

According to the latest report by TeamLease Services big companies have reported the highest intent to hire, and small businesses have shown the highest growth in the intent to hire.

In view of overall hiring sentiment in India it has jumped by seven per cent to 61 per cent from 54 per cent in the previous quarter, said the human resource company.

It has stated that the government’s Rs 2.65 lakh crore stimulus package and Public investment in PLI schemes are among the factors boosting hiring sentiment.

Commenting on the findings Rituparna Chakraborty, Executive Director, Co-Founder, TeamLease said that more organisations are projecting an intent to increase hiring which signals that the ecosystem is taking a progressive turn.

“This optimism is largely influenced by increased public investment in PLI schemes, an advanced Rs 2.65 lakh crore stimulus package by the government to generate job opportunities and provide liquidity to sectors such as tourism, aviation and housing,” she added.

The most promising cities in the manufacturing sector are Delhi with 72 per cent, followed by Mumbai (59 per cent) and Chennai (55 per cent). From a services sector perspective, the top cities are Bengaluru (97 per cent), Mumbai (81 per cent), and Delhi (68 per cent).  (KNN Bureau)