A majority, or 77%, of companies in India are planning to hire including both replacements as well as new positions in this financial year (2023-24), reports LiveMint, citing a survey from HR solutions provider Genius Consultants. Southern and western regions are set to have maximum hiring ratios in 2023-24, as specified by 33.30% of survey participants. Meanwhile 36.06% of the participants said four to seven years of average experience would be the prime focus during hirings. At the same time, 9% of individuals said employees with 13 years and above experience are top candidates while hiring.

The survey also found that survey participants see job portals to be the most prioritised candidate sourcing avenue for hiring in 2023-24 followed by AI (artificial intelligence) technology-based apps and websites, campus hiring and consultants.