Hiring is set to rebound in India as most organisations have lifted the freeze in hiring, according to data from Naukri.com.

Naukri’s data showed that 11% of recruiters said that hiring is on hold in their respective organisations, compared to half of them who confirmed the same in the same survey conducted in April 2020. The survey was rolled-out to 1,300 recruiters.

The first wave of the recruiters' survey was done in April 2020 and the second wave was conducted in October 2020.

Over a third, or 35%, of recruiters agreed that hiring is happening as usual against 13% who confirmed so in the first wave of the survey.

When asked when they anticipate hiring to go back to pre-Covid levels in the second wave of the survey, 21% of recruiters said it will resume in 3 months, 26% predicted 3-6 months, and 34% said it would take their organisations 6 months to 1 year to start hiring like in pre-Covid days.

Naukri also found that in the first wave of the survey, 44% of recruiters had confirmed deferred joining. However in the second phase, that has declined to 12%

While 32% of recruiters confirmed that increments have already been rolled out in the second wave of the survey, another 34% will be extending pay rises in the coming months.

A total of 38% of recruiters have opted to offer increments in the range of 5% to 10%, whereas one-fifth have voted for the 15% to 20% increment bracket.

Interestingly, as per a recent Naukri.com survey done with over 4,000 job seekers, majority of them (59%) preferred a hybrid model of working. A significant 76 per cent of employees confirmed that work from home was equally, or more, productive than office.