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White collar hiring activity dips by 7.62% in June: Report
In June, white-collar hiring activity dropped by 7.62 per cent, with sectors like telecom, BPO/ITES, education, and Global Capability Centres witnessing a decline. Insurance, FMCG/food industry, and pharmaceutical sectors saw positive growth. Cities in Rajasthan and Gujarat showed resilience, with Jodhpur, Kota, Rajkot, and Surat leading in new job creation. Mini-metros outpaced metros in hiring, with Gujarat emerging as a silver lining, according to Naukri JobSpeak Index.
As tech grip on medical industry becomes stronger, it creates space for new jobs profiles
Ebenazer Paul highlights the increasing demand for skilled professionals in medical billing and coding, driven by technological advancements and evolving healthcare regulations. The industry offers diverse opportunities for growth and specialization, with a focus on continuous education and certifications to stay competitive.
Most 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.
White collar hiring improving as demand from Oil & Gas, Banking, FMCG sectors rises: Report
White collar hiring in major sectors like Oil and Gas, Banking, and FMCG showed steady improvement, with a 6% increase in May compared to April, driven by Healthcare and Travel and Hospitality. However, overall white-collar hiring was down by 2 per cent year-on-year, with declines in IT, BPO, and Education sectors. Smaller cities outperformed major metropolitan areas, with strong demand for senior professionals contributing to a healthy growth in opportunities.
View: Gotta get ready for the AI-ternative
The integration of AI, nano robotics, space tech, and battery tech is transforming industries and reshaping economic models. As digital workers replace human roles in areas like call centers and logistics, governments must address potential job losses. Suggested measures include reskilling programs, focusing on labor-intensive industries, and implementing universal basic income (UBI) to support displaced workers. This proactive approach will help manage the transition and harness the benefits of these groundbreaking technologies.
'Vive La AIvolution!' in the air
AI impacts diverse sectors like jobs, empowerment, technology, and social structures. It necessitates skill development, infrastructure access, and empowerment initiatives to harness its potential for positive change and combat societal challenges effectively.
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Hiring sees green shoots in IT, oil & gas and senior roles, shows Naukri index
Naukri’s JobSpeak Index shows positive trends in hiring for oil & gas, IT, and senior managers. Demand for experienced professionals and AI/ML talent is on the rise, with notable growth in key cities and sectors.
Oil and gas sector sees 20%-plus jump in hiring in March
March job market: oil and gas, pharma, senior professionals thrive. Unicorns show hiring interest. AI/ML talent in demand. Niche roles like machine learning engineer see growth despite overall IT hiring decline.
Want to change career path? Use pivot internships to test the waters
Pivot internships offer a low-risk path for career changes, bridging industries through transferable skills. Despite challenges like pay cuts and self-doubt, successful transitions are achievable with dedication and skill leverage.
India’s monthly hiring rises 3% in March: Foundit
Hiring in India rose 3% sequentially in March, but fell 4% year-on-year, reflecting global economic uncertainties. White-collar gig hiring surged 184% year-on-year, led by the IT sector, which accounted for 46% of gig jobs. Metro cities like Delhi, Bengaluru, and Mumbai spearheaded gig employment, offering cost-effective solutions and flexibility.
Average increment in India expected to slip to 9% in 2024, says Deloitte survey
Deloitte India Talent Outlook 2024 Survey shows that while overall average increment is lower than last year’s, increment projection for 2024 is higher than the pre-Covid levels across all sectors, except IT and BPO/ KPO. The survey also predicts that companies are likely to offer double-digit increments to junior management employees but with a high focus on performance-based differentiation.
Feb saw 56% jump in white collar jobs for women in India, IT sector led the list
The number of white collar jobs for women in India increased by 56% YoY in Feb 2024. The IT/computers-software sector led in offering opportunities. Engineering and production sector showed growth driven by the EV and automobile industry. Bengaluru and Hyderabad were leaders in hiring women.
BPO employees face maximum risk of getting replaced by AI pretty quickly: Nasscom chairman
Generative AI will impact white collar jobs more, Nasscom chairman said, adding that this is a departure from the past, where every technological input aimed at productivity gains has focused on automating tasks being executed at the lower end of the spectrum.
Hiring activity falls 8% in February, says Foundit Insight tracker
Hiring activity in the country fell 8% YoY in February, but improved 3% sequentially. Manufacturing and energy sectors showed positive momentum. Production and manufacturing rebounded. Telecom/ISP, home appliances, media, FMCG, and chemicals sectors grew. BPO/ITeS, office equipment/automation, health care, advertising, and banking/finance sectors declined.
Mushrooming of GCCs to lead to spurt in leadership roles in 2024
India's demographic dividend and large talent pool are attracting global capability centres (GCCs) to the country, leading to an increased demand for leadership roles. India is projected to have 1,900 GCCs by 2025, with the market size expected to reach $110 billion.
AI roles, senior professionals are most in demand
The Naukri JobSpeak Index for January 2024 reveals notable year-on-year job growth in the healthcare, hospitality, and FMCG sectors amidst a cautious market environment. Overall, the index reached 2455, marking a 1% increase from the previous month but an 11% decline compared to the same period last year.
C-suite hiring: Experts remain divided on when and where hiring wave will start
Decoding the senior leadership hiring trends has revealed that there is expected to be an uptick of over 14-15% in CXO-level hiring in 2024. However, CXO hiring is predicted to remain weak in the first half of the next fiscal year. Sectors such as Pharma, BFSI, and industrial products are experiencing higher demand for leadership, while education and e-commerce have seen a decrease in demand.
Varanium Cloud set to open second office and BPO centre in Maharashtra's Sawantwadi
Varanium Cloud also plans to expand its presence in the Konkan region, establishing multiple edge data centres and ed-tech centres.
White collar hiring dips 16 pc in December amid cautious recruitment in IT, other sectors: Report
White collar hiring in India declined by 16% in December compared to the previous year. Due to cautious hiring sentiments in IT, BPO, education, retail, and healthcare sectors, the Naukri JobSpeak Index showed a year-on-year decline of 17%, 11%, 11%, and 10% in job offers in December respectively.
White-collar hiring down 6 per cent in 2023
Companies in several sectors tightened their hiring funnel amid global macroeconomic headwinds and prolonged geopolitical uncertainties even as sectors that have seen business growth in the last one year, including oil & gas, power, infrastructure, energy, BFSI, travel, and real estate, recorded double-digit growth in hiring numbers, data showed.
Demand for facility management personnel seen increasing in New Year
About 350,000 jobs are likely to be created in the facility management industry in 2024, an increase of 15-20% over 2023, according to estimates by large service providers.
79% IT/ITeS employers foresee increase in apprentice hiring: Quess Corp
Currently, more than 900,000 youths who are apprentices are in the age group of 23-26 years. As per the Quess report, employers in the IT/ITES sectors are likely to pay Rs 11,000-75,000 per month to apprentices aged 20-24 years. However, the stipend pay for other sectors differs depending on educational qualifications. In the current scenario of apprentice hiring, registration of women candidates has seen nearly a sevenfold increase in the past five years, to about 148,000 in 2022-23 from 22,427 in 2018-19.
White-collar jobs trip in October, but some sectors see a pick-up on festive boost
In October, white-collar job hiring in India experienced a 1% sequential decline and a 3% year-on-year decrease, impacted by heightened geopolitical tensions and macroeconomic challenges, according to findings from talent platform foundit (formerly Monster APAC & ME). Despite this, sectors tied to festive and year-end demand, such as hospitality, travel, tourism, retail, and shipping and marine, witnessed increased recruitment activity.
White-collar job hiring falls 1% in October vs September, dips 3% yearly
Certain sectors such as hospitality, travel and tourism, retail, and shipping and marine showed a spurt in recruitment activity thanks to festivals and seasonal year-end demand.
Hospitality, BFSI, healthcare and immersive hiring for freshers saw upswing in September
According to Naukri's JobSpeak index, hiring activity in September 2023 increased by 6% compared to the previous month, but decreased by 8.6% compared to the same period last year. The hospitality and travel sectors saw significant growth, driven by the monsoon season, festive season, and upcoming winter season.
White-collar hiring sees 8.6 pc decline in September: Naukri JobSpeak Index
White-collar hiring in India declined by 8.6% in September compared to the previous year, with sectors such as IT, BPO/ITES, and FMCG being particularly affected, according to a report by Naukri.com. However, there was a month-on-month growth of almost 6% in job postings. The IT sector has been facing challenges due to global headwinds, while the banking sector has shown robust growth.
Data science job openings drop, non-IT and BFSI lends a helping hand: Report
The overall open jobs for analytics and data science in India has dropped by 20% this year compared to the previous year, according to a report by Great Learning. However, non-IT analytics jobs have increased and the banking and financial services sector has the highest demand for these roles. The report also highlighted a trend towards stabilisation in the job market since 2023.
White-collar hiring in India sees 3 pc decline in June: Report
According to the Naukri JobSpeak Index, on a year-on-year basis, June witnessed a 3 per cent decline with 2,795 job postings compared to 2,878 in June 2022. On a month-on-month basis, the job postings fell by 2 per cent.
India Inc hiring activity slows by 7% amid macroeconomic headwinds, says foundit jobs tracker
A combination of factors is leading to the hiring slowdown including a slowing economy that has forced companies to cut expenses and the ongoing technological disruption that is leading to change of roles.
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