‘Acche Din’ for jobs: More hiring, higher salary seen in 2015


In preparation for ‘achche din’ promised by the new government, India Inc has big plans for 2015 when it comes to hiring people and doling out pay hikes.

On the platter for the job market , the companies are promising an estimated 3-5 lakh new jobs, an increase of 15-20 per cent in headcount and average pay hike of 10-12 per cent that can go up to 30 per cent for certain roles and sectors.

These ambitious plans, which experts mostly attribute to an upsurge in business sentiments since the new government took over around middle of the year, would make 2015 a much better year for the job market than 2014.

According to various human resource firms and job consultancy organisations, Indian companies recorded an average hiring growth of 10-12 per cent in 2014, while salary hikes stood at about 8-10 per cent.

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