EXECUTIVE JOB SEARCH
CXO-level shifts rearrange top deck at Indian startups
The world of startups witnessed a series of top-level movements in the first half of 2024, including Naveen Tahilyani taking the helm as CEO of Tata Digital and the resignation of Surinder Chawla, managing director and chief executive officer of Paytm Payments Bank.
Change your job search strategy to deal with age bias; how to search jobs aligned with age
For better or worse, there are tons of younger job seekers competing for fewer jobs than before, and willing to work longer hours for a lower title and salary. How can you optimise your job strategy based on the challenges for your age bracket?
Bengaluru emerges as a hub for machine learning engineers
Vacancies for machine learning (ML) engineers more than doubled in Bengaluru, underscoring the city's status as a hub for advanced technology roles. HR generalists surged by 53%, and operations managers by 45%.
CEO succession planning is important. But how you go about it makes all the difference
Succession planning, including CEO succession plans and leadership pipelines, is crucial for company stability and success. Companies with robust succession plans outperform peers by 20% in revenue growth. Neglecting leadership pipelines can cost companies nearly $1 trillion annually, emphasizing the importance of effective planning.
How to create a successful green career: Read what experienced professionals have to say
The green industry is booming with opportunities for young professionals seeking fulfilling careers. Insights from industry experts reveal the motivations behind choosing green roles, the evolving scope of sustainability positions, educational requirements, salary expectations, and challenges faced in navigating this dynamic sector.
Govt headhunter finds no one suitable for HPCL top job
The Public Enterprises Selection Board (PESB) has rejected all candidates it interviewed for the top job at Hindustan Petroleum Corp Ltd (HPCL), marking the third time in three years that the board has rejected all applicants for CEO roles at state oil firms. The board advised the ministry of petroleum and natural gas to choose an appropriate course of selection, including the search-cum-selection committee (SCSC) or as deemed appropriate with the approval of the competent authority.
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SEO skills are a must for freshers to thrive in the modern job space
Professionals need SEO skills to drive organic traffic and improve website visibility. Employers value fresh talent with SEO expertise for innovative ideas, cost-effective strategies, and enhancing online presence.
Government seeks candidates for new chief at Indian Oil
The petroleum ministry recommended a tenure extension for SM Vaidya, but the prime minister's office rejected it. Speculation arises about Vaidya's future as his term nears an end.
Job market recovery may slow, for now
The absence of a decisive mandate in the 2024 elections may impact job market recovery temporarily. Coalition partners will have a stronger voice in policy decisions, affecting investor sentiment. Experts anticipate a short-term slowdown in job creation.
The man who escaped the scam rings of Cambodia
Thousands of workers are trafficked to Southeast Asia to commit cyber fraud on their fellow citizens over social media. Ex-serviceman Botcha Sankhar, who was forced to work in the scam compounds of Cambodia for six months, unravels the modus operandi of this new and terrifying form of crime and forced labour
Fake job offers in India or abroad: How to spot a fraudulent job offer, know the full list of authorised agents for foreign jobs
Fake job offers: India is such a country where millions of young people reside and many of them are searching for a job either within India or abroad. Younger people have aspirations and enthusiasm which fraudsters are using to dupe them with fake job offers. In the recent past many young Indians were taken abroad to work in scam jobs, etc.
67% startup employees prefer moving to established firms: CIEL HR survey
According to the findings of a survey on hiring and recruitment trends by Ciel HR Services, about 67% of the workforce is open to transition to established firms. The report is based on the data and analysis of 130,896 employees across 70 startups in India, along with 8746 job postings sourced from various job portals.
Is it a good idea for laid off H-1B workers to switch to a US tourist visa, and back again?
When laid-off H-1B workers consider transitioning to B-1/B-2 visitor status for job searching, they gain valuable time and a streamlined process back to H-1B, endorsed by USCIS. This strategic move offers a safety net and opportunity for a successful career transition in the U.S.
Myth Debunking 101: Unpaid internships are the only way freshers an gain experience
Freshers entering the job market often face the dilemma of choosing unpaid internships for gaining experience. While such opportunities can be valuable, experts caution against the financial burden and limited growth prospects. They recommend exploring alternatives like apprenticeships, freelance projects, and upskilling programs to enhance skills and career prospects effectively.
Auto Industry ramps up C-suite hiring amid post-pandemic sales surge
The Indian automobile industry is experiencing a surge in hiring for C-suite executives from diverse consumer-facing sectors to address a talent shortage at the top level amid a post-pandemic sales rebound. Over the past 12-18 months, senior executives from FMCG, consumer durables, and retail backgrounds have transitioned to carmakers like Maruti Suzuki, Bajaj Auto, and TVS Motor Company, traditionally known for hiring engineers and technology experts.
Foreign lands turn hunting ground for CXO search companies
Global CEO and CXO searches by Indian companies and MNCs focus on specialist roles in high-tech sectors like automotive and pharmaceuticals, emphasizing expertise in data centers, cloud computing, and EV technologies. Returning Indians are sought for their industry knowledge.
Transformations across sectors and demand for niche skills driving attrition trends
Attrition at senior levels in various industries like software, internet, gaming, and BFSI is influenced by factors like intra-industry migration, competitive salaries, and the growing need for digital expertise, leading to role consolidations and redundancy.
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.
C-suite hiring trends open doors to new roles in non-tech industries
Hirings and firings in the technology sector are creating opportunities in emerging roles in non-tech sectors like manufacturing, healthcare, and various industries. Demand for leadership talent is increasing, focusing on skills like data science and ESG. Cultural fitment is a challenge for organizations and talent.
Buzz in travel sector leading to more hiring in senior leadership level
The surge in travel post-pandemic has led to a rise in travel employment, with a 37% increase in travel sales and a 179% increase in outbound tourism from India. This has resulted in a demand for senior leadership roles in the travel sector, particularly CEOs and CXOs. The industry is expected to contribute $250 billion to India's GDP by 2030 and create employment for 137 million individuals.
AI officer is the hot new job that pays over $1 million
Businesses are now scrambling to appoint AI leaders, with some metaverse executives reinventing themselves as AI experts. Compensation packages for AI leaders average above $1 million. Most companies have moved on from the metaverse trend, focusing instead on AI. The fickle nature of technology trends is evident in the shifting focus from metaverse to AI.
The making of a chief strategy officer: Traits, skills and abilities
The role of the chief strategy officer (CSO) is to set and steer the firm's strategy. The CSO plays a pivotal, cross-functional role within the company, designing and implementing various strategies. They collaborate closely with other executives and departments, matching business objectives with internal capabilities, competitive landscapes, and market trends.
The making of a resume: What to keep in mind while creating a CV for a CEO role
Experts advise that a CEO's resume should be concise, compelling, and tailored to the specific role or industry. It should effectively communicate the CEO's leadership abilities, strategic vision, and accomplishments. The resume should include a professional summary that highlights the executive's skills and experience.
Job hunting? Five hottest tech jobs for freshers
Continuous evolution in the tech sector raises demand for freshers proficient in updated skills like coding, UI/UX, and data analysis, says CEO of online job search platform Foundit
Want that C-suite role? Here is what you must do
To land C-suite roles, executives must possess traits like being strategic visionaries, decisive architects, communication virtuosos, agile navigators, and perpetual learning enthusiasts. They should also be able to motivate and inspire people, manage crises, and have strong personal branding and strategic networking skills.
Class of 2024: Entrepreneurship takes root in the age of uncertainty and funding winter
Many colleges in India have incubator and entrepreneurship support programmes, and the government has been encouraging startups. In recent years, campus placements in the IT sector have seen a dip, and a funding crunch has impacted many startups. Despite the challenges, interest in entrepreneurship has increased, particularly in bioinformatics and biotechnology startups focused on vaccine and antibody production.
How to get a job in the age of AI: Tips from a top LinkedIn executive
The biggest unknown, and probably the biggest change, is that almost every role is going to be rewritten in the context of AI. From engineers to salespeople, marketers, finance professionals to lawyers — everyone's going to be leveraging AI in some way. And so how does the talent team think about hiring people based on knowledge of leveraging AI? And how do they equip people to learn the new skills that are required?
Career Wrap: The evolution of hiring and firing in 2023 and beyond
2023 job market was extremely dynamic - the domestic tailwinds slowed marginally by global headwinds created an interesting environment for both HR heads and job seekers. The year witnessed a paradigm shift with strong ‘back to office’ signals from tech giants and polarized debates around work hours per week.
The CEO Hunt: Small banks grapple with the search for top executives
For many old-generation private and small finance banks, financial constraints prevent them from offering competitive salaries required to attract candidates with a profound understanding of the evolving economic landscape.
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