Companies plan to hire more, pay more in 2015

Companies plan to hire more, pay more in 2015

Part of the ‘achche din’ promise by the new government, India Inc has big plans for 2015 when it comes to hiring people and doling out pay hikes. Companies are planning to hire 3-5 lakh candidates for the year 2015 which is an increase of 15-20 per cent of exiting headcount. There will be a pay hike from 10-12 per cent to 30 per cent for certain roles and sectors. Hiring experts predict that hiring activity will go up and companies offer double-digit salary hike to attract the right talent. The sectors which may shown tremendous hike will be in the sectors like T, healthcare and pharma, manufacturing and engineering and retail could be the primary drivers of hiring followed by telecom, FMCG and financial services.

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