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Indian cos keen to hire new staff

A survey by workplace solutions provider Regus says Indian firms seem to have outperformed them by adding more staff.

twitter-logo PTI   Mumbai     Last Updated: October 7, 2010  | 15:37 IST

While companies globally are on a hiring spree on the back of an economic rebound, Indian firms seem to have outperformed them by adding more staff, according to a survey by workplace solutions provider Regus.

The survey says that as businesses across the globe are now looking to hire new staff, it is an indicator that the mindset of organisations has shifted towards investment in growth through human capital.

Regus, which surveyed over 10,000 companies across 78 countries, in its report titled 'Regus Business Tracker' said, over a third of companies (36 per cent) intend to increase head count.

It also said that Indian businesses outperformed the global average with almost two-fifths (38 per cent net) of companies wanting to add new staff in 2011.

"The intention to increase head count is a clear indicator that businesses want to be prepared to grasp the opportunities that recovering markets may throw their way. In India in particular, where unemployment levels were reported at 10.7 per cent in 2009, this result should be taken as a positive indication of recovery," Regus' CEO Mark Dixon said in a press release here today.

These findings assume significance in the wake of recent IMF and ILO observations, which say that global unemployment has reached record proportions in the last three-years (up to 210-million since 2007) and could be a potential threat to the economy if the trend continues. .

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