Posts
Vacancies on national career service portal hit new highs
The labour ministry on Tuesday said active vacancies on its National Career Service portal have reached an all-time high of 0.48 million spanning across diverse sectors, indicating a boost in employment in the country.
Developers to ramp up hiring by over 50%
"In our endeavour to get the best talent which may not necessarily be found amongst talent with core industry experience, we undertake cross industry hiring which works well for the organisation as well as those who choose a reputed and dynamic work culture," Aradhya said. According to Yeshab Giri, chief commercial officer, staffing and Randstad Technologies, at Randstad India, real estate industry is moving towards a very high growth trajectory and is expected to reach $1 trillion by 2030.
Big four consulting firms plan to offer more jobs to freshers
Hiring from campuses is growing as talent is in short supply, said Deloitte's chief talent officer SV Nathan. However, he said, frenzied hiring will give way to a more temperate intake of fresh talent. Some industry insiders said even as hiring may go up compared to last year, companies will be circumspect about over-hiring freshers as there is a widespread anticipation that the US market may play spoilsport.
Startups campus hiring may see a pullback
ET reached out to over a dozen recruiters from the ecosystem on their campus hiring plans. While a few including Zomato, Indus Insights and ProcMart said their campus hiring targets had gone up compared to last year, others including Razorpay, Simplilearn, CashKaro and NoBroker indicated that their numbers would be flat or lower.
US jobless claims rise slightly, still remain historically low
Initial unemployment claims increased by 5,000 to 213,000 in the week ended Sept. 17, after a downward revision in the prior week, Labor Department data showed Thursday. The median estimate in a Bloomberg survey of economists called for 217,000 new applications.
On-campus hiring at NIT takes a momentous leap
A strong line-up of recruiters, higher average salaries and a greater number of offers so far in comparison to last year at the NITs in Hamirpur, Jalandhar, Calicut, Durgapur and Jamshedpur are early signs pointing to a strong placement season.
Hiring boom may create a record 9 million frontline jobs in FY23
Sectors such as logistics & mobility, ecommerce, facility management, information technology, retail & quick service restaurants, manufacturing, and banking & financial services are seen as some of the major drivers of frontline jobs in the months ahead.
Hiring intent strong among most Indian Companies for December quarter
About 64% of Indian employers covered in the latest ManpowerGroup Employment Outlook Survey, shared exclusively with ET, said they will recruit more people in the coming quarter, while 10% see a decrease in hiring intent and 24% expect to keep workforce levels steady. Only 2% were unsure about hiring intentions. Hiring markets in India are ranked first in the Asia-Pacific Middle-East (APME) region, 24 points above the global average.
Companies go fishing in new talent pools for festive season amid unprecedented demand for temporary jobs
Companies are luring these candidates with up to 30% higher compensation, incentives and bonuses as well as upskilling and reskilling opportunities. Some are being provided accommodation; the best performers are also being promised longer-term contracts with clients.
Recruiters step up vigilance as job scams get innovative
Job frauds, an age-old practice that has become rampant - and more innovative - in recent years aren't sparing anyone: from freshers and professionals in small towns to those who were left jobless by the pandemic to even tech-savvy senior executives are being lured by high salaries and foreign postings.
Non-tech sector main driver of white-collar hiring in last 4 months
Economists and job market experts said the positivity in the non-tech cohort is mostly driven by positive economic indicators such as rise in GST collections and private sector capital expenditure, and an expected revival in rural consumption.