Info Edge India Limited

48% of Recruiters Anticipate New Jobs in the Next Six Months, 4% Predict Layoffs: NaukriGulf.com Survey

In the current scenario, contradictory to current belief that most companies are not hiring, 51% of the total respondents said that hiring was not frozen in their companies.

 

Dubai, UAE -- (SBWIRE) -- 09/17/2009 -- A survey of over 140 recruiters across GCC countries, revealed a positive hiring sentiment among recruiters. 48% asserted that in the next six months new jobs will be created, 26% said that replacement hiring will happen, 22% said that there would be no hiring while 4% indicated layoffs.

In the current scenario, contradictory to current belief that most companies are not hiring, 51% of the total respondents said that hiring was not frozen in their companies.

“We perceive a positive sentiment among recruiters. Most companies are now doing replacement hiring. We anticipate an improvement in hiring activity of industries including IT, Construction and Oil and Gas,” said Sumeet Singh, National Head, Marketing and Communications, NaukriGulf.com.

On controlling costs, 35% said that they have cut increment and bonuses. About 35% recruiters also pointed out that they will lay off poor performing employees.

A sectoral analysis revealed a more positive situation in Construction and IT industries, while Oil and Gas was comparatively dismal. Over 50% of the recruiters across these industries expect creation of new jobs. Oil and Gas industry indicated continued layoffs with 14% recruiters hinting layoffs in the next six months, as compared to 3% in Construction and 6% in IT industry.

Respondents were from industries including Construction, IT, Oil & Gas, Telecom, Hospitality, Retail & Banking, Automobiles, Pharma, Hotels, Marketing and Dotcom.

About NaukriGulf.com
As the fastest emerging Job Site in the Gulf, Naukri.com - Gulf is a recruitment platform for the corporate world, placement agencies and job seekers in the Gulf. It was started in April 2006 by Info Edge (India) Ltd, owner of Naukri.com, India’s no.1 job site. Over the past few years, Naukrigulf.com has made a head-way into the market with almost 3500 clients and boasts of a database of 1 million CVs.

It offers a bouquet of products like Resume Database Access, and Response Management Tools and its services include Job Postings, and Branding solutions on the site. Employers are offered a variety of options to suit their needs.The portal provides job seekers with various services that facilitate them to browse through enlisted jobs, get head hunted by recruiters, and get assistance in preparing attractive resumes.

NaukriGulf.com has a network in offices in Dubai, Bahrain and Riyadh.