Survey Highlights New Insights into Hiring and WFH Trends

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  • Survey was rolled-out to 1,300 Recruiters. Wave 1 of the Recruiter’s survey was done in April’20 (W1) and wave 2 was conducted in October’20 (W2).
  • More than 4,000 jobseekers were surveyed to understand work from home trends for the year 2021 rolled-out a survey to gauge the shift in hiring outlook amongst recruiters and also to understand jobseekers sentiments on working from home. Below are the key insights of the recruiter and jobseekers surveys;

1. Most Organizations have lifted the freeze in hiring: According to Naukri’s Hiring Outlook W2 survey, only 11% recruiters said that hiring is on hold in their organizations which half of them had confirmed the same in W1. Furthermore, 35% of recruiters agreed that hiring is happening as usual against 13% who confirmed so in W1.

2. Recruiters show strong intent of hiring bouncing back: On asking businesses when they anticipate hiring to go back to pre-COVID levels in W2 survey, 21% recruiters said it will resume under 3 months, 26% predict 3-6 months, and 34% said it would take their organizations 6 months to 1 year to start hiring as per usual.

3. Job offer Deferments have reduced: In W1, 44% of recruiters confirmed deferred joining, however in W2, that has declined to only 12%.

4. Employers have indicated a positive outlook to extend increments: While 32% recruiters confirmed that increments have already been rolled out in the W2 survey, another 34% will be extending salary hikes in the coming months. 38% recruiters have opted to offer increments in the range of 5%-10%, whereas one-fifth have voted for the 15%-20% increment bracket.

5. Hybrid Working: A Sweet New Normal for Employees: Led by the COVID-19 pandemic, hiring for remote jobs has increased by 3X as compared to pre-COVID levels this year. Interestingly, as per a recent Naukri survey done with over 4000 jobseekers, majority of jobseekers (59%) prefer a hybrid model of working. A significant 76% of employees confirmed that WFH is equally or more productive than office. The jobseekers’ insight mirrors the recruiters’ perspective as well.

  • What jobseekers love most about Work From Home: 42% of jobseekers said that the best perk of working from home is time & cost saving while traveling. 23% of those surveyed are loving the freedom to choose their working location while 15% feel good about having more quality time with their families.
  • What jobseekers hate most about Work From Home
    42% of jobseekers confirm that working hours have extended due to the WFH set-up. Another 15% agree that WFH increases fatigue due to increased screen time while 9% miss fun breaks with their colleagues.
  • Productivity: Around 69% of recruiters and 76% of jobseekers feel that WFH is equally or more productive. To maintain the same, recruiters highlighted that their top priority has been to support employees with 24/7 IT support followed by some innovative initiatives like the introduction of a mandatory leave policy, encouraging no meeting days and rolling out home office set-up allowance. Additionally, employers are positive about increments and work-from-home perks to their existing employees. 66% of recruiters confirmed that salary hikes are either planned or already rolled out in their respective organizations. 5%-10% is the most opted for increment bracket by recruiters followed by 15%-20%.