The Indian job market is expected to see slower hiring activity, but double-digit salary hikes next year as employers are embracing a "cautiously optimistic" approach amid the economic uncertainty.
Surviving overall global sluggishness replete with large-scale layoffs in different sectors, the domestic employment scenario has gathered some steam toward the end of 2011, as reflected in the relatively better hiring plans of companies.
The experts, as well as different surveys, are projecting a slower pace of hiring activities in the country in the New Year, but said India would still fare better than its global peers.
Surviving overall global sluggishness replete with large-scale layoffs in different sectors, the domestic employment scenario has gathered some steam toward the end of 2011, as reflected in the relatively better hiring plans of companies.
The experts, as well as different surveys, are projecting a slower pace of hiring activities in the country in the New Year, but said India would still fare better than its global peers.
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