New Delhi: Employers continue to show optimism for the second consecutive quarter according to the latest ManpowerGroup Employment Outlook Survey of 3020 employers.

64 percent expect to increase their staffing levels, 15 percent anticipate a decrease and 20 percent do not anticipate any change, resulting in a seasonally adjusted Net Employment Outlook of +49 percent which is a record high in 8 years. When compared to the same period last year, hiring sentiments have improved by a whopping +43 while there is a5 percentage points growth when compared to the last quarter. Employers in large. organizations report the most optimistic outlook with 51 percent intending to hire in the first quarter compared to 25 percent in small companies. Employers in the North report the strongest hiring intentions for Q1 followed by South and West

To provide wider coverage of the market segments, ManpowerGroup has included four new sectors. in this report like IT and Technology. Primary Production, Restaurants and Hotels and Not for Profit increasing the overall number of industry sectors' analysis from seven to eleven. All eleven industry sectors surveyed report positive intentions to add to their payrolls. ManpowerGroup also surveyed employers on their vaccination implementation and work arrangement plans,

Companies in the IT, Technology, Telecom, Communications, and Media sector report a hiring outlook of +60 percent followed by 56 percent in the Restaurants and Hotels sector.

Hiring forecast is least optimistic in the Construction and Primary Production sectors, with Net Employment Outlook of 29) percent and 28 percent respectively

91 percent of employers surveyed will mandate double vaccination and require proof from staff Corporates expect to adopt hybrid working for 51 percent of finance & accounting and 49 percent of human resource staff while 45 percent of Production and Manufacturing staff is expected to be at the workplace all the time. Commenting on the findings, Sandeep Gulati. Managing Director, ManpowerGroup India said, "India register a V-shaped recovery owing to increased consumer spending educational sector opening up and the government's sustained efforts to accelerate vaccination coverage thereby breaking the virus chain. The boost in hiring outlook reflects employers' sustained confidence in achieving a post-pandemic recovery. The "Great Resignation" is additionally impacting the hiring sentiments in companies, especially in the IT and Technology sectors.