MANPOWER DEMAND
Diversity initiatives are bringing more women to certain roles: Survey
Indian companies are prioritizing diversity, equity, inclusion, and belonging (DEIB) initiatives, with varying levels of women's representation across roles highlighted in a Manpower Group survey. Administrative and operational roles show higher female presence, while top-level management and STEM roles exhibit lower representation. Key findings emphasize the importance of trust, relationship building, and technology-driven solutions like AI for unbiased recruitment.
L&T hit by 'severe' skilled manpower shortage: 45,000 engineers & techies needed
Larsen & Toubro (L&T) faces a severe shortage of skilled labor, with a deficit of 25,000 workers in engineering and construction, and 20,000 in IT and IT services, per its Chairman S N Subrahmanyan. This shortfall, due to various factors including high attrition and migration, is affecting project execution.
IKEA gears up for Delhi-NCR launch with strengthened supply chains, better demand forecasting
With an eye on its launch in the Delhi NCR market early next year, the Swedish furniture retailer is looking to corner a bigger chunk of India’s market pie.
Hospitality 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 more than 200 per cent in apprentice and trainee hires over the last two years. According to industry reports, the hospitality industry is currently one of the biggest employment generators with the formal sector offering jobs to over 40-50 lakh people, while for the informal sector, it is difficult to give a number, but it is huge.
Unrelenting heat sets AC demand on fire, scorches buyers' pockets as India's torrid summer goes on and on
As an unprecedented heat wave drives much of India indoors, AC prices have shot up in most regions of the country. Along with prices, sales too have jumped conspicuously. For some players, keeping pace with rising demand has become quite a task, leading to shortages in several parts of the market.
Congress accuses govt of 'destroying' railways, demands Ashwini Vaishnaw's resignation
Congress president Mallikarjun Kharge said whenever there is a train accident, Modi government's railway minister reaches the spot under the glare of cameras and behaves as if everything is fine.
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Maratha quota: Manoj Jarange suspends indefinite fast; gives 1 month to govt to accept community's demands
Addressing people at the protest site, Jarange said, "We are giving a month's time to the government to fulfil the demands of the Maratha community. But we will also go ahead with our preparations for the upcoming assembly elections. If the government doesn't provide reservation to us, we will go and take it."
Companies cautious on short-term hiring, but overall outlook stays upbeat
Employers in India are showing caution in short-term hiring for the July-September quarter, with a net employment outlook of 30%, six percentage points lower than the current quarter and the same period last year. While 48% of employers plan to hire more people, 18% expect a decrease in hiring or have no plans to hire. The most optimistic sectors are finance and real estate, healthcare and life sciences, and IT, while communication services and transport, logistics, and automotive are less optimistic.
Why breaks are important to work hard and achieve success, of both employees and organisations
Aditya Narayan Mishra, Managing Director and CEO of CIEL HR Services, emphasizes the importance of breaks and holidays for workplace respect and gratitude. Somdutta Singh, Founder and CEO of Assiduus Global Inc, highlights the role of breaks in preventing burnouts and promoting overall well-being.
Midcap IT companies in India poach talent from industry majors
Midcap IT companies in India are attracting more employees from larger rivals in the past two years. This trend is seen in the technology services sector amidst macroeconomic challenges and a focus on hiring deployable talent.
Extreme summer heat & loss of productivity lead to an all-time high demand for delivery personnel
Extreme summer heat, rising absenteeism, and productivity loss have led to a high demand for last-mile delivery and warehouse personnel in India. About 2,000 delivery personnel are dropping off daily in quick commerce and 5,000 in food delivery, with an estimated 2.1-2.2 lakh people needed for replacement hiring daily. The monthly attrition of riders, warehouse staff, pickers, packers, and loaders is at a high of 30-40%.
As mercury rises, so does the demand for home delivery
Ecommerce platforms are experiencing a surge in demand for essentials like groceries, leading to a spike in deliveries. This surge is also increasing the demand for manpower at dark stores and distribution centers. Orders in the National Capital Region have seen a sharp increase, with consumers also ordering ice-creams and beverages online.
Talent demand in EV segment drives in new roles and contract hiring
The electric vehicle (EV) industry is booming, creating a demand for diverse skills and expertise. Opportunities span technical, leadership, and operational roles. Contract staffing is playing a crucial role in meeting the industry's needs, with a focus on talent development and agile solutions. Leaders face challenges in talent acquisition and navigating industry dynamics amidst rapid advancements.
Most Indian cities reeling from labour crisis in election season
The second-longest Lok Sabha elections in the history of the nation spanning 44 days have thrown up a slew of handsome and instant earning opportunities for migrant workers back home, from attending election rallies and door-to-door pamphlet distribution to tenting, vehicle business, catering and food supply.
Hotels up hiring game: About 100,000 jobs likely to be created in 12-18 months
Hotels across segments are ramping up their workforce as they are adding more rooms and entering new markets amid a strong pickup in business and leisure travel. The jobs they are recruiting for are a mix of permanent, temporary and gig, said Balasubramanian A, vice president and head of consumer, hospitality and ecommerce at TeamLease.
Green career path looks promising but remember that it is a nascent industry
The green job sector is rapidly expanding with numerous growth opportunities, but also presents challenges due to its nascent stage. Individuals must navigate issues like evolving landscapes, skill gaps, and market fluctuations. Strategies include pursuing relevant education, upskilling, leveraging AI, networking, and remaining adaptable to excel in this dynamic industry.
Sweltering heat pushes up demand for temporary workers in rural markets
There is a 20% year-on-year increase in rural job vacancies, according to executives at recruitment services and consumer companies. They estimate 20,000-50,000 new temporary jobs are being created this year thanks to robust summer season demand in rural and semi-urban areas while companies with a large focus on rural businesses are looking to bolster sales and distribution presence in the hinterlands.
Tata Power to target 20% share in PM Surya Ghar Muft Bijli Yojana: CEO
"The expectation is that in the next 4-5 years, about 25-30 GW of capacity will be added. We are looking to cover about 20% of this but it will be over five years. It will be flat in the initial years but possibly from the second or third year, we will see much more capacity getting added."
Seasonal manpower demand soars, 2024 looks set to be a record year for temporary summer jobs
Most in demand are delivery, in-store, on-ground, after-sales service and manufacturing workers for industries producing summer goods with companies struggling to find people to fill roles.
Real estate sector needs more hands to plan, build & sell in boom time
The real estate sector in India has undergone significant transformation in recent years, from the increasing volume of sales to the implementation of regulatory reforms including RERA. These changes have brought about a heightened demand for professionalism, transparency, and expertise, not just in the primary market but also within the secondary market, particularly in the high-end luxury segments.
Consumer durables industry: Demand for temporary workers increase in small towns & hinterlands by up to 30% from last year
The demand for more workers is mainly from places such as Panipat, Varanasi, Asansol, Dhanbad, Guwahati, Raipur, Nagpur, Jaipur, Patna, Salem, Calicut, Coimbatore, Vizag, Cuttack, Guntur, Nellore and Madurai, as large Indian companies and MNCs look to expand their network amid a rise in demand for air-conditioners, coolers, refrigerators, fans and inverters in tier 2 and 3 regions.
Madras HC stays Rs 80 cr GST demand on Hyundai seconded employees pay
The company had challenged the December 23, 2023 tax demand notice from the GST authorities, which had considered the entire salary amount paid to seconded employees as taxable. Secondment, a common practice among global companies, is a temporary arrangement in which an employee transitions from one role to another, typically within the same group of companies, within or outside the country for a specified duration.
Demand for entry to junior-level frontline manpower in BFSI increases by 20–25% in 2024
Demand for entry-level positions in the BFSI sector has increased due to a surge in housing loans, personal loans, and credit cards. This demand is not limited to tier-1 cities and is also seen in tier-2 and -3 cities. Attrition continues to be a major challenge for companies in the sector.
MCD passes proposal to hire gardeners to maintain parks, greenery in Delhi
According to the tabled document, the proposed manpower will be hired cluster-wise by the horticulture department of the corporation for five months. A total cost of Rs 24,81,09,100 will be incurred for hiring the manpower across five clusters. "Maintenance of parks and greenery cannot be achieved without deploying manpower as the department is dependent on outsourced manpower for maintenance of parks and gardens," the proposal reasoned.
Ram temple tourism: Hospitality, travel industries create up to 20,000 jobs in Ayodhya
According to several officials in the hospitality sector, thousands of jobs in areas such as hospitality managers, restaurant and hotel staff, logistics managers, drivers, etc are likely to open up towards the end of this year or the first half of 2025 – not just in Ayodhya but in neighbouring cities like Lucknow, Kanpur, Gorakhpur, etc - with hotel companies and restaurant owners keeping a close eye on how the demand-supply situation pans out.
More women learning on the job as manpower crunch hits shop floors
“Factories are becoming increasingly gender agnostic as they are facing a big talent shortage,” said Sumit Kumar, chief business officer of TeamLease Degree Apprenticeship. “India has a skill shortage of approximately 130-150 million people across various sectors,” he said. The uptick is largely driven by a boom in auto, EV, electronics and phone manufacturing, Kumar said.
Skilling is empowering, promotes justice: PM Modi
Indian Prime Minister Narendra Modi has stated that there is a growing demand for skilled manpower from India globally. He made this comment during a virtual meeting after launching 511 skill development centers in rural areas of Maharashtra. Modi emphasized the importance of skill development for social justice and empowering marginalized communities.
India approves major foreign service restructuring after 19 years, to add 200+ IFS officers
The Union Cabinet has approved the cadre review and restructuring proposal of the Indian Foreign Service (IFS) to address the need for specialized manpower and meet the increasing demand for Indian missions abroad. Approximately 215 officers will be added over the next five years. This decision comes after 19 years since the last restructuring and aims to strengthen the cadre.
As consumption revives, Tier 2 & 3 cities turn temp-ting for job seekers
The demand for temporary workers in tier 2 and 3 cities in India is increasing during the festive season, driven by growing consumption and expectations of a revival in discretionary spending. Staffing firms such as Manpower, Randstad, Quess, TeamLease Services, Adecco, and Persolkelly have reported a doubling in demand compared to last year.
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