Overview
- TeamLease’s Employment Outlook Report, released Wednesday, projects a 4.7% Net Employment Change, a gauge of expected workforce growth, for April to September FY27.
- E-commerce and tech startups show the strongest momentum with an 8.9% gain, followed by healthcare and pharma at 7% and manufacturing, engineering and infrastructure at 6.6%.
- Large enterprises plan most of the expansion as 74% expect to add staff, compared with 57% of mid-sized firms and 38% of small businesses.
- New labour codes are lifting employment costs for 64% of employers, prompting 80% to redesign salary structures and 62% to upgrade HR and payroll systems to meet compliance needs.
- Hiring is concentrating in capability hubs, with Bengaluru leading employer expansion intent at 67.9%, followed by Hyderabad at 57.8% and Pune at 56.1%.