Leading corporate hospital chains Apollo Hospitals, Fortis Healthcare and Wockhardt Healthcare will hire close to 37,000 people in the next two-three years. They are looking to pick up top talent at reasonable rates as a rising number of expat Indian doctors and other medical staff looking to return home due to global slowdown.
“Given the global downturn, many Indian doctors abroad are now eyeing opportunities in the home country today,” says Mr K Prabakar, Apollo Hospitals senior vice-president for HR.
Apollo plans to recruit about 22,000 people, including close to 4,500 doctors, by 2012. In the last one year, the hospital hired 260 doctors and consultants who returned from the UK and US.
Fortis, which plans to hire 8,000 people by 2012, is receiving 4-5 applications from expat Indian doctors every week, its chief people officer Pankaj Mittal said. He expects the number to go up.
“If there were two people in the fray for every job at the entry and middle-level earlier, today, there are seven people vying for every vacancy,” says Wockhardt CEO Vishal Bali. It plans to recruit 6,500 people by 2011.
The hospital chains are rolling out aggressive expansion plans to cash in on a booming medical tourism industry and a jump in lifestyle-related diseases. Apollo plans to add 5,300 beds by 2012. It has new projects coming up in Mauritius, Seychelles, Vizag, Bhubaneswar, Erode, Trichy and Karaikudi. Apollo is also building specialty hospitals for cardiology, neurology, oncology and organ transplant.
Fortis plans to expands its hospital network from 26 to 44 by 2012, while Wockhardt will add eight new hospitals by 2011. Apollo said 60% of its new hires would be doctors, nurses and paramedics. Fortis said 45-50% of its new employees would be nurses and around 15% doctors. According to industry officials, even nurses, who have been in great demand abroad, now prefer to work in India.
As for management staff, it’s clearly a recruiter’s market. The bad placement season at top business schools, where the average salary offered went down by 25-30% this year, is a case in point.
This doesn’t mean cheap manpower. People with special skills are in demand, say hospital officials. For example, a doctor who is a critical care specialist and heads the intensive care unit (ICU) could get a 30% hike. So do a perfusionist, who operates the heart-lung machine during a cardiac surgery, and a cardiac nurse with 10-15 years experience, say hospital officials.
All the three professionals draw an average monthly salary of Rs 1-1.5 lakh. Meanwhile, the hospitals are taking care they recruit at the right pace, avoiding overstaffing and cost escalations. “There is meticulous planning as we recruit for any organic and inorganic growth plans,” says Mr Mittal of Fortis Healthcare.
BOOSTER DOSE
Apollo Hospitals (by 2012)
Will hire 22,000 including 4,500 doctors, 9,000 nurses and paramedics
Will add 5,300 beds
Fortis Healthcare (by 2012)
Will hire 8,000 including 1,200 doctors & 4,000 nurses
Double-bed capacity to 6
Increase hospital network from 26 to 44
Wockhardt Healthcare (by 2011)
Will hire 6,500
Increase number of beds from 1,700 beds to 3,000
Fortis plans to expands its hospital network from 26 to 44 by 2012, while Wockhardt will add eight new hospitals by 2011. Apollo said 60% of its new hires would be doctors, nurses and paramedics. Fortis said 45-50% of its new employees would be nurses and around 15% doctors. According to industry officials, even nurses, who have been in great demand abroad, now prefer to work in India.
As for management staff, it’s clearly a recruiter’s market. The bad placement season at top business schools, where the average salary offered went down by 25-30% this year, is a case in point.
This doesn’t mean cheap manpower. People with special skills are in demand, say hospital officials. For example, a doctor who is a critical care specialist and heads the intensive care unit (ICU) could get a 30% hike. So do a perfusionist, who operates the heart-lung machine during a cardiac surgery, and a cardiac nurse with 10-15 years experience, say hospital officials.
All the three professionals draw an average monthly salary of Rs 1-1.5 lakh. Meanwhile, the hospitals are taking care they recruit at the right pace, avoiding overstaffing and cost escalations. “There is meticulous planning as we recruit for any organic and inorganic growth plans,” says Mr Mittal of Fortis Healthcare.
BOOSTER DOSE
Apollo Hospitals (by 2012)
Will hire 22,000 including 4,500 doctors, 9,000 nurses and paramedics
Will add 5,300 beds
Fortis Healthcare (by 2012)
Will hire 8,000 including 1,200 doctors & 4,000 nurses
Double-bed capacity to 6
Increase hospital network from 26 to 44
Wockhardt Healthcare (by 2011)
Will hire 6,500
Increase number of beds from 1,700 beds to 3,000
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