As per the 'Jobs and Salary Primer Report for FY2022' by TeamLease, unlike the last two years, this year most of the job roles from across sectors have been considered for a salary hike. However, the increments will be moderate.
According to the EY survey, employees now have greater influence over employment terms and their ‘wish list’ from employers have evolved.
As per the latest Naukri JobSpeak Index, some of the worst hit sectors during the pandemic such as travel and hospitality witnessed over 169% growth.
The urban unemployment rate rose to 9.22% in April from 8.28% the previous month, while the rural unemployment rate slipped to 7.18% from 7.29%, the data showed.
The relationship between economic development and women empowerment is bidirectional, the report argues.
Opportunities have opened up for a transitioning workforce even as employee mindset itself has changed since the pandemic broke out.