The signs are promising — hiring is on the rise, salaries and bonuses will be better this year. The future looks bright for India Inc. Manish Kharabanda Chief HRO, Sistema Shyam Teleservices tells how 2011 will look for Indian Telecom industry on HR front.
Hottest segment: Data services will sizzle
Industry outlook : Hiring trends will be upbeat. We plan to hire over 1,500 people
Hiring trends: Data services will be a major focus area We plan to hire such talent across our sales and distribution channels
Salaries, bonuses and perks : Average salaries are expected to grow by 12%. Salary hikes will be supported by a healthy bonus payout.
Challenges : Hiring the right set of people to support our data business strategy Retain talent and controlling attrition rate
Dealing with attrition : Employee engagement is a key focus area in our HR strategy for this year. We would like to provide the right set of pportunities to our employees We will adopt a quarterly performance linked incentives payout.