Recruitment Consultancy Services are doing at the best to find the righ candidate for the right jobs but still there is a gap and hence Recruitment Consultancy Services are tring to find that gap. How this fact is making impact on future prospect of Indian job opening and recruitment.
The CEO of Antal International, Mr. Tony Goodwin said in a statement, “This survey indicates that many organizations have now come to accept uncertainty as an unwelcome, but inherent part of business life and are consequently pushing ahead with investment and development in this new normal. The results of the latest Snapshot research does not suggest any significant improvement or worsening of the global economic picture.”
Sanjeev Bikchandani, founder of job portal said when he was asked in an interview with Economics Times, “It depends upon how our economy grows. The situation is not as bad as in 2008-09. We have to see whether the economy bounces back or not. External factors like price of oil, exports, the demand of IT and ITeS in the US and Europe will affect the Indian economy. A lot can be done on the fiscal front, easing of monetary restrictions and giving an impetus to the infrastructure sector.”
He further said, “Telecom, insurance, IT and the IT enabled Services (ITeS) are most likely to be affected first. Especially in the IT and BPO sector, the developments in the US and Europe need to be observed. In manufacturing sector, we will have to look at the impact of availability of resources, raw material prices and the demand in the market. The companies were over optimistic at that time. But after April 2008, the situation worsened sharply. Many were not prepared for that. The situation now is not as bad as it was in 2008. But the country needs a growth package. No, any change is unlikely now. Its structure in terms of the variable component will be more or less the same. But what I have observed is that companies are getting more and more conscious in hiring additional staff.”
The FM, P. Chidambaram said, “Uppermost in my mind is the duty to regain the confidence of all stakeholders… Our policies have to be modified or fine-tuned in order to meet the expectations of different stakeholders. I have also directed a review of tax provisions that have a retrospective effect in order to find fair and reasonable solutions to pending as well as likely disputes between the tax departments and assesses.”
Adi Godrej President of CII said, “At the present moment, the country needs some good news and the statement of the finance minister would be a major business sentiment boosting measure.”
The chief economist for India at JPMorgan, Mr. Jahangir Aziz said, “While the statement is general, it does outline the broad areas of focus. And given that the statement is being backed by the FM’s past record, it will be seen positively by the market.”