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45% of employers plan new permanent hires in FY26: Report

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The hiring outlook for the financial year 2025-26 is optimistic, with 45% of employers indicating plans to hire for new permanent positions, a report by Genius Consultants revealed.

The hiring, compensation & attrition management outlook survey for 2025-26 revealed that 13% of employers planned to replace the current manpower. It also highlighted a growing emphasis on flexible staffing, with 26% of employers focusing on temporary, contractual, or project-based roles.

Meanwhile, 16% of organizations indicated no hiring plans for FY26, reflecting a cautious approach.

In terms of hiring focus, 37% of employers aim to recruit mid-level professionals, while 26% shifting towards gig workers, contract-based roles, and advisory positions, confirming a trend towards flexible staffing. Entry-level hiring accounts for 19%, and senior leadership recruitment stands at 18%.

Projected workforce growth shows a balanced strategy, with 53% of organizations anticipating moderate hiring growth between 5-10%, and 33% planning a significant increase exceeding 10-15%.

Industry-wise, the retail, e-commerce, and Q-commerce sector leads with 21% expecting the highest manpower recruitment, which is also expected to boost recruitment in logistics and warehousing, as confirmed by 9% of respondents. Approximately 15% of employers foresee higher recruitment in the automobile and EV sector, while 11% predict increased hiring needs in renewables, energy, and engineering projects.

Other sectors headed for talent growth include IT services, telecom, and technology (13%), manufacturing, engineering, and production (11%), infrastructure, transport, and real estate (10%), and BFSI (9%). Conversely, sectors such as FMCG and FMCD, healthcare, hospitality, media and entertainment, and education report minimal hiring activity for this fiscal year.

R P Yadav, chairman and managing director of Genius Consultants, said, "While organizations are navigating economic uncertainties, the demand for skilled talent remains strong. With mid-senior professionals in high demand, businesses must focus on retention strategies to mitigate attrition risks. These insights will help corporates adapt their talent management approach effectively for 2025-26."

The survey gathered insights from 1,520 CXOs and senior-level dignitaries across various industries.
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