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New Year bonanza: Nearly 20 pc jump in hiring, fatter pay!

Bountiful days are in store on job street in the New Year, as in-bloom-again industry is expected to accelerate hiring by as much as 20 per cent and reward employees with an identical hike in salaries.

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Bountiful days are in store on job street in the New Year, as in-bloom-again industry is expected to accelerate hiring by as much as 20 per cent and reward employees with an identical hike in salaries.

Notwithstanding a cautious start, hiring activities gathered momentum in the second half of 2010 and companies are estimated to have created over a million jobs in the organised sector alone. Led by fast-growing sectors such as telecom, consumer durables and real estate, HR experts feel that hiring is most likely to jump 20 per cent in 2011.

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