HIRING TRENDS
GCCs on the hunt: IT companies becoming hotspots for senior talent According to the findings, there are about 120 top GCCs in India with some 21,000 senior executive roles, including those of vice-president, assistant vice-president, senior vice-president and director. These senior executives have a minimum experie...
06 Jul, 2024, 07.41 AM ISTIndia 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 ISTStrong ER&D demand helps IT buck overall soft hiring trend India's $250 billion IT services industry is facing sluggish hiring, but a bright spot is emerging in Engineering, Research & Development (ER&D). Demand for ER&D services is surging, driving a 15% increase in recruitment for these roles. Staffing fi...
02 Jul, 2024, 06.00 AM IST- ADVERTISEMENT
Job Market Outlook: AI integration set to boost employment in financial and real estate sectors Manpower Group's latest Net Employment Outlook for June to September 2024 showcases positive trends in India's employment sector, ranking sixth globally. Despite some decline, the Financial Services and Real Estate sectors are driving growth, with A...
28 Jun, 2024, 10.07 AM ISTFancy a career in gaming? Check out the in-demand roles, skills and more Video games have evolved from mere leisure activities to lucrative career options, driven by technological advancements and increased accessibility. The industry demands skilled professionals like developers, designers, and testers. Various courses ...
25 Jun, 2024, 04.19 PM ISTBeyond 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 ISTHiring activity registers 11% surge: Foundit Insights Tracker A recent report by foundit reveals a significant increase in hiring index, with the production and manufacturing sector showing remarkable growth. This upswing is attributed to factors like government support in PLI and infrastructure development.
14 Jun, 2024, 01.04 PM ISTFreshers hiring witnesses 5 pc growth over last 6 months: Report The highest share of job postings for freshers was witnessed by the IT and staffing industry with over 32 per cent and 12 per cent share of jobs, respectively, dedicated to entry-level professionals, foundit (formerly Monster APAC & ME) report on fr...
13 Jun, 2024, 07.30 PM ISTWhite 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 ...
05 Jun, 2024, 06.42 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 ISTStartups are driving job growth for freshers: Foundit Insights Tracker A recent report by foundit, formerly Monster APAC & ME, highlights India's booming startup ecosystem and job opportunities for freshers.
28 May, 2024, 12.58 PM ISTAttrition rates continue to remain high for MBA graduates; drop in pre-placement offers: Study Deloitte India's study on MBA graduates reveals high attrition rates, location preferences, and trends in compensation and skills assessment.
22 May, 2024, 05.30 PM ISTAttrition for MBA campus talent highest across degrees; employee turnover among campus hires drops in 2023 vs 2022, survey shows A survey by Deloitte has revealed that the attrition rate among MBA graduates hired directly from campus was the highest across disciplines in 2023, with the highest one-year (40%) and two-year (38%) attrition rates. Infant attrition was the highest...
22 May, 2024, 08.09 AM ISTWhite-collar hiring falls 3% in April, shows Naukri JobSpeak Index Despite a 3% year-on-year and 1% month-on-month decline in white-collar hiring, various sectors experienced job growth. Notably, demand surged for specific roles like drilling engineers, brand managers, and IT professionals in different cities.
07 May, 2024, 03.02 PM ISTMidcap IT companies buck the trend to add more employees Mid-sized IT firms showed workforce growth in fiscal 2024, contrasting major Indian IT firms' decline. Demand rose for tech services from domestic and global sectors. Automation may impact headcount. Mid-tier firms excel in engineering services with...
03 May, 2024, 06.00 AM ISTTrend of IT services companies not hiring or reducing headcount will continue for now: Rituparna Chakraborty, TeamLease Rituparna Chakraborty discusses the evolving job market influenced by AI and automation, emphasizing the need for updated skill sets to align with technological advancements. The narrative explores the changing dynamics of the IT sector and the impo...
23 Apr, 2024, 01.11 PM ISTCiel HR’s Aditya Narayan Mishra on IT hiring and salary trends Aditya Narayan Mishra highlights the impact of AI, ML, cloud, and full stack development on pay packages. Global competency centers pay freshers more for problem-solving skills. Market shifts towards newer technologies, impacting attrition rates and...
23 Apr, 2024, 10.51 AM ISTCan India's quick commerce revolution be a catalyst for job creation? Q-commerce in India, led by major players like BlinkIt, Swiggy Instamart, and Zepto, is reshaping the retail landscape. The sector's rapid expansion offers significant job opportunities, especially in logistics, warehousing, and technology-driven ro...
17 Apr, 2024, 02.39 PM ISTOil 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.
15 Apr, 2024, 02.29 PM ISTHealthtech sector hiring up 9% in 2023 despite startup funding winter India's healthtech sector saw a 9% increase in hiring in 2023, despite challenges such as reduced investments. Sales and business development roles were the most sought-after, followed by technology and product development positions. Companies are a...
01 Apr, 2024, 05.45 PM IST