ATTRACT TALENT
India Inc now picks its C-level champions from indoor pool Indian companies like Mahindra and Aditya Birla Group are increasingly focusing on internal talent pipelines for leadership roles, showcasing a shift towards nurturing seasoned professionals for longer tenures within the organization.
04 Jul, 2024, 04.43 PM ISTInfosys hunts for talent among women professionals out on a career break The women should meet two criteria, they should have work experience of at least two years before taking the break and should have had a break of six months. Shaji Mathew, group head of HR at Infosys, said the company has crafted a strategic approac...
27 Jun, 2024, 03.35 PM ISTMost entry-level job seekers prioritise competitive wages, benefits: Survey Employers are focusing on competitive wages and growth opportunities to attract top talent amid shift in preference among employees away from 9-5 jobs.
20 Jun, 2024, 01.20 PM IST- ADVERTISEMENT
Beyond the paycheck: What employees look for and how employers can fix hiring gaps The changing work culture is causing a gap between employer and employee expectations in hiring and retention. Companies struggle with mismatched salary expectations, required skills, and cultural fit issues. Nonprofits and FMCG companies face the m...
20 Jun, 2024, 10.34 AM ISTHospitality industry faces huge talent crunch; to add a million jobs in next few years, say experts The surge in tourism post the pandemic has catalysed an unprecedented increase in hospitality hiring, particularly in entry-level apprenticeship and trainee positions, Randstad India said, adding that the sector has witnessed a remarkable growth of ...
19 Jun, 2024, 10.01 PM ISTPay gap shrinks: Will BTech grads stay MBA course? A Deloitte survey revealed a significant narrowing of starting salaries between MBA and BTech graduates in India. The pay gap has reduced to 57% in 2024 from 102% in 2021, potentially impacting the appeal of costly management courses for BTech gradu...
16 Jun, 2024, 05.30 AM ISTIndia Inc makes a play for equality: L&T and Amazon lead the way with all-women teams in engineering and delivery Engineering giant L&T has established an all-women team at Tata Steel's mining site in Odisha, handling large machinery repairs, inspired by a successful pilot. Amazon, which initiated all-women virtual customer service in 2020, now operates nine al...
15 Jun, 2024, 05.30 AM ISTNot just employers with benefits! India Inc looks to be more to woo talent Corporate India is offering new-age benefits, realizing that attracting and retaining talent requires more than just high salaries. Cos offer new-age perks like cash for self-development, health insurance for siblings and pet care to woo talent
08 Jun, 2024, 02.34 PM ISTAre senior GCC roles creating an opportunity for IT services professionals? The mushrooming of global capability centers is driving the need for senior talent sourced from the IT services industry, with a shift to GCCs. Indian GCCs offer value in cost efficiency, innovation, and market expansion, attracting senior IT execut...
05 Jun, 2024, 04.13 PM ISTHiring in tier-2 cities showing consistent growth: foundit Tier-2 cities in India have seen consistent growth in hiring compared to metropolitan areas, with cities like Kochi, Coimbatore, and Jaipur emerging as key hiring locations. The overall hiring index shifted to 295 in May 2024, with an 11% increase i...
05 Jun, 2024, 01.25 PM ISTAustralia retains minimum age requirement for post-study work visas for research students Australia's Department of Home Affairs maintains minimum age of 50 for post-study work visas for research students in the Post-Higher Education Work Stream under the Temporary Graduate 485 visa streams, effective July 1, 2024, with confirmed post-st...
03 Jun, 2024, 12.19 PM ISTStrategic acquisition of mid-level talent is pivotal for D2C companies to grow in this market The D2C market in India is experiencing significant growth, driven by a surge in consumer numbers and a diversification of offerings. AI and automation are playing a crucial role in revolutionizing operations, while the impact of the Open Network fo...
02 Jun, 2024, 12.59 PM ISTAttrition a major challenge in consumer durables and electronics industry: Report A report by TeamLease Services revealed key insights into the temporary workforce in India's consumer durables and electronics industry. The average worker is a 31-year-old male with a monthly CTC of Rs 24,005 and additional Rs 6,356 in incentives. ...
31 May, 2024, 01.43 PM ISTInfra push, talent access helps satellite cities reshape India's commercial realty India's commercial real estate landscape in satellite and tier II cities is undergoing significant transformation due to robust infrastructure development, strategic urban planning, talent availability, and lower cost of living. Cities like Navi Mum...
29 May, 2024, 06.29 PM ISTCost of living doesn't influence salaries; Pune among safest cities: KPMG Survey A survey by KPMG revealed that cost of living differences across Indian cities do not affect compensation decisions, with most HR leaders stating there is no city compensatory allowance anymore. Employees consider various factors like rent, property...
29 May, 2024, 05.36 PM ISTGlobal capability centres lease 17% more space in FY24 Global capability centres (GCCs) increased their space usage by 17% in FY 2023-24, reaching 22.5 million sq ft, driven by engineering, BFSI, and technology sectors, according to CBRE. GCCs are a key driver in India's office sector, projected to leas...
29 May, 2024, 12.43 AM ISTZerodha cofounder Nikhil Kamath invests in Collective Artists Network This investment, a secondary transaction, facilitates a return of over 5X, via a strategic exit for Naveen Tiwari-founded InMobi’s Glance, which previously invested in Collective in 2021, as per a statement.
22 May, 2024, 07.15 PM ISTCorporate India's big push for diversity: Companies intensify efforts to recruit women from entry level Corporate giants in India, such as RPG Group, Deloitte, Tata Steel, Amazon, and Zinnov, are doubling down on diversity by ramping up efforts to recruit more women from the ground up. Strategies include targeted campus hiring, incentivizing recruitme...
16 May, 2024, 11.27 PM ISTAustralia overhauls immigration system with new Innovation Visa The Australian government introduces an innovation visa to attract talented workers, replacing the Global Talent visa program. The move marks the end of the Business Innovation and Investment visa program (BIIP) and includes measures to address post...
15 May, 2024, 06.35 PM ISTSouth side story: Can attractive sops turn Chennai into a hub for GCCs? Can a slew of attractive sops from the state government and a competitive workforce turn Chennai into a hub for GCCs, positioning the state as a healthy alternative to Bengaluru and Hyderabad? In addition to banks and automotive firms, manufacturing...
12 May, 2024, 10.34 AM IST