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Showing posts from July, 2023

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Just 45% of India's graduate jobseekers meet industry needs: Study

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Finding candidates with high employability in non-technical skills is easier than finding candidates with high job-readiness for technical skills, said the 'India's Graduate Skill Index: 2023' report, published by online talent assessment company Mercer|Mettl and shared exclusively with ET.

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Festive Boost: Companies may hire record number of temporary workers this year

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A record 600,000-700,000 temp jobs are likely to be created in the upcoming festive months between August-end and December, according to exclusive data shared with ET by staffing company ManpowerGroup India. This is an increase of around 20% from last year’s festive period.

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Women lap up freelance gigs as work-from-home ends

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The number of women professionals seeking freelance work has surged amidst a dearth of remote work opportunities for women, leading to many dropping out of full-time roles. Flexing It notes a 15% increase in the number of women consultants seeking freelance work in Q2 2021 versus the previous quarter, with 60% of them looking for full-time work. Many have opted for freelance roles for location flexibility.

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India Inc wants more women in leadership roles

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Companies including Accenture, Cognizant, KPMG, L&T, PwC, and NatWest Group are making concerted efforts to bring in more women in leadership roles, recognising that diverse viewpoints are crucial to fostering innovation and better decision-making, ultimately leading to more success and better profitability for firms.

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Large local companies ramp up search for CXOs amid macro woes

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Leading executive search firms including Korn Ferry India, Heidrick & Struggles, EMA Partners and Insist Consulting have seen a 25-30% increase in CEO/CXO mandates in the first four months of this fiscal year compared to a year ago across sectors such as industrial, manufacturing, commodities, engineering, financial services and healthcare.

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MNCs may hire half a million in India this fiscal

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The in-house units of global companies in India across sectors such as banking, financial services and insurance (BFSI), pharmaceuticals, retail, energy, automotive and telecom are set to clock half a million gross hires, including attrition refills, this fiscal year, according to data from specialist staffing firm Xpheno.

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It's raining sops for delivery workers going the extra mile amid surge in online orders

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Delhi-based food delivery companies such as Zomato, Swiggy and Zepto are providing additional incentives for their delivery personnel to meet an increase in demand driven by heavy rainfall in the region. Riders are being offered rain gear, rain jackets and free medical and accidental insurance. In addition, delivery associates are being given a "rain fee" incentive while riders are rewarded with prizes such as televisions and refrigerators for meeting delivery targets during the bad weather.

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Karnataka government to purchase 4,000 buses, recruit 13,000 drivers and conductors: CM Siddaramaiah

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The government of Karnataka, India, has pledged to purchase 4,000 buses from the state's road transport corporation, and will recruit 13,000 drivers, conductors and mechanics. The announcement was made by Karnataka Chief Minister Siddaramaiah on 20 July. The moves followed the successful implementation of the Shakti scheme, which offered free travel to women on state buses.

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India Inc looks to shelter employees

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Many companies, such as Deloitte, KPMG, Airtel, Coca-Cola, Wipro, UpGrad and ABB, with pan-India offices are considering offering work-from-home (WFH) or flexible work options to employees in case of extreme weather conditions in the coming days, their executives told ET.

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After a lull IT hiring mandates are up 10% in July

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The tech hiring in the IT sector has shown green shoots of demand in July, with a 10% increase in overall hiring requirements compared to last month, according to staffing firms. The increased demand is driven by companies with a better visibility of demand, with GCC and ER&D demand flow remaining stable. Experts said that the growth in headcount will reflect in the October-December quarter.

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Job scams thrive amid hiring slowdown & layoffs

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Job scams - where fraudsters pass themselves off as representatives of leading recruitment firms to establish authenticity - have become rampant in a lacklustre hiring market, worsened by layoffs in some sectors.

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Demand for white-collar talent up 5% in June as non-tech hiring picks up

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Even as the core sector is showing positive hiring sentiment, talent demand in the Indian IT services sector, which has some of the biggest employers, fell to its lowest level since December 2020 - down 56% from a year earlier and 4% sequentially, according to data collated by specialist staffing firm Xpheno from LinkedIn and other top company job boards.

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