Executive Hiring Increases By 30 Per Cent As Compared To Pre-Pandemic Levels: Report

The executive hiring in India have now increased by around 30 per cent as compared to the pre-pandemic levels.

Moreover, these numbers are not only a result of the pent-up demand as newer opportunities are also opening up across different sectors such as defence, startups, consumer space, foodtech, education and aerospace amongst others.

Apparently, companies are ramping up their management teams as they chase funding and listing, which is also driven by buoyant stock markets.

Jyoti Bowen Nath, managing partner of Claricent Partners, has mentioned that hiring mandates have shot up by 20 per cent by what the firm experienced prior to the Covid-19 pandemic.

Nath also added that opportunities have particularly come up in sectors like manufacturing in addition to IT and executives are also keen to lap up these opportunities.

“This year has been a year of resignations and candidates are armed with multiple options on the job front. The placement mandates we receive have more than doubled,” Ronesh Puri, MD of Executive Access India, told the Times of India (TOI).