Festive hiring may add gleam to overall job scenario. Here’s why
Festival season is here but this time around the celebratory gleam had sparked off even before this season set it. Ecommerce companies had flexed their muscles well in advance for this season, resulting in hiring of about 35 per cent additional temporary staff to cater to the festival consumer demand.
This, of course, comes with an anticipation that hiring and market sentiment will remain upbeat even after the festival season. This year started on a high note with startups taking the crown in jobs, entrepreneurship segment but with startups hitting a rough patch, both these segments have seen a stagnant sentiment too. Will this festive hiring kick start a fresh lease of activity in the employment sector? Will this year end on a high note or a rough patch?
We asked market insiders and their outlook seemed positive.
Festive season hiring detailed out
Joseph Devasia, Managing Director, Antal International Network, India feels optimistic about the entire scenario. “No this is not just for ‘festive hiring’ although the big sale days do need excess resources and the big ecommerce companies have already equipped themselves for the onslaught,” says Joseph Devasia.
Pranshu Upadhyay, Director, Michael Page India also had the same outlook. “Hiring at management level is typically set for long-term and strategic than just festive hiring. Ramping up of headcount ahead of big sale days where retailers pick up around 50% of their year’s sales is more common at the level of temporary hires. There are a lot of recruitment drives that are happening in metros as well to rope in delivery boys ahead of the festive sale. Companies want to be more prepared from an operational standpoint to handle large volumes,” he said.
Is festive hiring an ecommerce phenomenon or general?
“This is more for the bigger ecommerce companies, it is not wholly reflective of India Inc although there is positive movements generally across other sectors,” says Joseph Devasia.
Pranshu Upadhyay feels that though hiring activity has picked up in ecommerce allied sectors as well, some of the other sectors that see an upward trend in hiring are retail, consumer durables, FMCG and logistics.
The hiring sentiment for rest of 2016
“There seems to be positive sentiments although a lot does hinge on the how the K-crisis pans out as well,” advises Joseph Devasia.
Pranshu Upadhyay feels that the general employment outlook is positive for this year. “Organisations continue to focus on replacement hires however the companies closing their financial year in December are waiting for the end of Q4 to have clearer projection on new headcount. This will be aligned to the organisation’s 2017 targets,” he says.
This article was published in Timesjobs.com on Oct 06, 2016. http://content.timesjobs.com/festive-hiring-may-add-gleam-overall-job-scenario-heres/?fromsite=toi