Tag: employment

Looks like the Indian job growth trajectory is moving north! The outlook for employment for the period October 2018 – March 2019 is thriving. Opportunities are blooming with hiring, new job roles and upskilling of existing employees; all thanks to booming IT Industry and Startup ecosystem in Idia.IT hiring in India will witness growth starting this month right up...

India's changing business ecosystem and all the Onboarding fiasco - The When, Whys, and Hows, has been only clear as dishwater!Rapid changes have ushered in, with the advancement of technology. As a result, the contemporary market trends require companies to necessitate and plot their skill-demand prior to induction and work accordingly to take precedence in the economic spectrum.For a...

In a recent report by Mercer, titled "Employee Engagement Index", it is concluded that even though a considerable number of people in India feel engaged at work and are happy with their workplace, one in four employees would leave their job if they were given the opportunity. A sizable share of employees in each organisation was not contented with their...

The first quarter of the fiscal year 2018 did not show much sustainable job gains, after the record-breaking solid job rain of 2017 until now. However, employment growth is likely to remain solid for the remainder of 2018. According to ManpowerGroup Employment Outlook Survey, comprising of 5,110 employers, Indian hiring companies plan to propel recruitments, at a steady pace in...

Indian IT industry boasts of a progressive software ability as well as rapidly evolving technology and constitutes the key part of the country's economy. However as recent reports circulate around, India's Information and Technology(IT) sector witnesses a decline in the job offers rate, that amounts to 32%. The survey of 2000 mid and senior level candidates for the financial year 2017-18...

In the latest report, KPMG has addressed salary increment, variable pay, benefits and the employee attrition and retention rate in India. The report, titled India's Annual Compensation Trends Survey for the year 2018-19, aimed its analysis on 272 companies across 18 sectors. The report depicts detailed insights on sector-wise practices and their employment scenario. The average projected salary increment in India for the...

In most cases, the most coveted job in the marketing sector is working at a large agency. These agency jobs don’t simply fall out of the sky as it is extremely competitive to get hired at an agency that is top notch. Far too many factors go into getting a job at one of these agencies. A proactive approach...

The techno-economic spectrum today witnesses a whirlwind change in the walk of life. A high-paid job, with flexible working hours and all the perks that accompany, is a pie-in-the-sky situation. The cutting-edge scenario is all about choosing what’s better – A high-paid work culture or a good work-life balance. Primarily what appends along in the corporate world is Occupational...

The merger of Vodafone and Idea may ease out financial stress on the management of both the companies, but will put thousands of employees under the axe. According to sources at ET, more than 5,000 employees could lose their jobs if the merger of Vodafone and Idea is through all the regulatory approvals.The proposed merger of Vodafone India and...

While a section and sector of India is busy enjoying its glooming lifestyle and increasing earning potential, job crisis in India is deepening. This is once again highlighted after Indian Railways received over two crore job applications for just one lakh vacancies - two hundred candidates competing with each other for each post. Apathy is, these figures are just initial indicators...

Google.org, an arm of Internet & Technology giant Google, is extending its aid to the modern job market by helping workers safeguard their jobs, empower people working in lower positions and help job seekers land their dream jobs.According to their blog, Google will be spending $50 million to help people adapt to the "changing nature of work" in today's...

A person is known by his behaviour and approach during the tough time. Looks like the same is very much applicable for companies as well. In a recent incident, one of the leading IT companies in India, Tech Mahindra, is caught red-handed by practising unethical layoff process in the name of cost optimisation.An employee of Tech Mahindra, who served the...

News broke recently that software giant Microsoft Corporation (NASDAQ:MSFT) is preparing to undergo a reorganisation that will completely shift the core focus of the company. This is likely as part of an effort to slowly move away from its software sales businesses and provide a boost to its burgeoning enterprise cloud services.It is no secret that Microsoft's software sales...

The employment scenario in India is flourishing despite startup industry stares to correction and consolidation. The attrition rate, an increment in salary and variable pay are the major concerns for an employer and employee in India. Interestingly, all the three elements are closely linked with each other. Attrition rate, in general terms, defines the calculation of the number of...

The fiscal year 2016-17 has been the least optimistic in terms of employment in the IT industry, and the sector has all of the Automation to blame for its rapidly changing landscape. The company made public earlier today that it has recorded for the first time in its 33 years of existence, negative growth in employee hiring. The company said...

Demonetization has shaken the mobile phone market, leading to a huge decline in sales. The feature phones and budget phones faced the maximum burnt. Consumers of these phones mostly prefer to pay by cash, which has now become the sole reason for the decline in sales.As an aftermath of this effect, companies are now laying off their workforces to reduce...