SPECIALISED SKILLS
Envisioning a career in legaltech? Check out the in-demand roles, skills & more
The widespread adoption of technology has transformed the legal industry, giving rise to 'legaltech.' Legaltech offers various opportunities, including roles for tech innovators, product managers, and consultants. Hemant Krishna from Shardul Amarchand Mangaldas & Co. notes that AI has significantly boosted the legal tech industry's prominence.
Fancy 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 and certifications cater to these roles, enhancing employability. Essential skills include proficiency in game engines, programming languages, and soft skills like creativity and communication.
To address talent shortage, chipmakers skilling engineering students
Firms like Intel India, AMD, Applied Materials and Tessolve are teaming up students and employees to work on real-life projects, establishing labs in institutes like IIT-Bombay, driving industry-academia partnerships to conduct research in core design and AI training and sponsoring students pursuing research.
AI jobs command premium pay as companies fill specialised roles
Experts and staffing firms told ET that qualified AI professionals in India are raking in serious cash. Compared to traditional IT roles, AI specialists can command a salary premium of up to 40-80%. The demand for AI talent is exploding as companies race to fill these new and specialised positions.
View: Time to reskill the skilling plan
India's 'Skill India' initiative has improved access to quality education and skilling, including new ITI capacities, increased apprenticeship engagement, and the launch of Skill India Digital Hub. The National Education Policy (NEP 2020) envisions integrating skilling into all education forms, inspiring reforms like the National Credit Framework (NCrF) and National Curriculum Framework (NCF).
Freshers, take note: Data proficiency is becoming the key to multiple career opportunities
Data analysis is a crucial skill valued by employers across industries. It involves extracting insights from raw data using statistical tools. Lokesh Nigam and Krishna Kumar emphasize its importance in decision-making and career growth.
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Hiring 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 in hiring compared to the previous year. Tier-2 cities are becoming increasingly attractive hubs for businesses seeking expansion opportunities and tapping into diverse talent pools for sustainable growth.
How to build your career capital
Invest in yourself by developing skills, relationships and reputation to future-proof your income and ensure lifelong career growth.
Recommendation letters can give freshers more visibility in a crowded hiring market
Recommendation letters can be valuable for early career professionals in enhancing job applications. They offer a personalized touch, validate skills, and help candidates stand out in competitive markets.
Global capability centres go big on hiring gig employees
India's multinational hubs are increasingly turning to hiring contingent workers to meet immediate talent needs while remaining cautious about permanent recruitment due to a bearish global outlook. There has been a significant rise in demand for gig employees in the last six months, with an expected increase of up to 70,000 gig workers in the next six months. This trend allows companies to create a balanced workforce that is agile and cost-effective, with access to specialized skills.
GCCs open multiple career opportunities for freshers
India's economy has experienced significant growth due to the establishment of global capability centres (GCCs), which benefit from the country's skilled workforce, low operational costs, and digitisation. These offshore units, set up by multinational corporations, centralise various business functions and operations to improve productivity, presenting numerous job and career advancement opportunities, especially for early career professionals.
Future of green jobs holds immense promise in India: Ramesh Alluri Reddy, TeamLease Degree Apprenticeship
India’s transition towards sustainability holds immense potential in creating new employment opportunities.
Rubicon, apna.co partner to enable 50,000+ job opportunities in FY25
apna.co partners with Rubicon to empower job seekers with essential skills. Nirmit Parikh, Founder & CEO, and Dhanya Narayanan, COO of Rubicon, aim to bridge the gap between education and employment for 2 million job seekers by 2030, focusing on India's diverse workforce.
Hiring surge in travel and tourism: What it means for mid-career and senior roles
India's travel and tourism sector has rebounded post-pandemic, contributing Rs 16.5 trillion to the economy and creating 39 million jobs by 2020. The sector is also witnessing a spike in demand for AI specialists and data operations in the hospitality industry.
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.
Boom in e-commerce opens door for multiple jobs at all levels
The e-commerce industry is booming due to increased smartphone and internet access, offering a plethora of job opportunities. Evolving consumer behavior and technology advancements are driving this growth, with a projected surge in India's online consumer base. The sector demands a wide range of skills, from tech-related roles to digital marketing and content creation.
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.
Early career promotion sounds juicy but learn how to digest it first
Young professionals are no longer waiting years for promotions, instead stepping up early in their careers. Early promotions offer skill development, confidence, and career advancement. Employers value leadership potential, problem-solving skills, adaptability, and market awareness. Challenges include workplace biases and maintaining work-life balance. Strategies for success include showcasing achievements, improving skills, taking risks, and building relationships.
Why hiring functional heads needs special attention in today’s age
Functional unit leaders require diverse skills like agility, credibility, emotional intelligence, and problem-solving abilities. Companies seek individuals with global leadership experience, focusing on succession planning and market positioning for external hires.
Contemplating a career in cybersecurity? Check out the in-demand skills, roles, and pay
The rise in technology has brought about a surge in cyberattacks, emphasizing the critical need for robust cybersecurity measures. With a shortage of professionals globally, the industry is witnessing high demand for roles such as security analysts, data scientists, and incident responders.
Eyeing a career in robotics? Understand the roles, skills and pay in this emerging industry
The robotics industry's exponential growth offers promising career prospects in various roles like robotics engineer, researcher, and technician. Specific skills, educational backgrounds, and training are essential to excel in this dynamic field, ensuring competitive pay structures for entry-level positions.
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.
Makeover of business administration: Indian B-schools adapt for tomorrow's challenges
While the charm of MBA is fading globally, Indians are still in a mad rush for it. The leading B-schools in the country are reimagining the course to fit the future of business.
Space sector’s emergence to create demand for leadership with specialised skills
The space sector in India is experiencing significant growth, leading to a demand for leaders at senior levels. With private players entering the industry, leadership roles are crucial for protecting long-term investments and overseeing specialized ventures. Skills like risk management, communication, and learning agility are essential for success in these roles.
Cybersecurity, tech skills key in India Inc's checklist for independent directors: Survey
Domain expertise in digital, tech, cybersecurity, and risk is crucial for non-executive independent directors. The India Board Report 2023-24 highlights the importance of corporate reputation, stakeholder trust, and ESG implementation. Gender diversity in boards is increasing, and independent directors play a vital role in corporate governance.
RBI governor on fintechs; Google, Indian apps in temporary truce
The banking regulator's recent actions are not directed against any fintech but against a regulated entity, the Governor underlined in a reference to the Paytm case that has caused major ripples in India's fintech industry.
IT companies eye specialised talent in small drives to future-proof business
IT majors such as TCS and Infosys are rolling out programmes to hire junior and mid-level talent with a focus on specific technology skills. In addition, some top IT firms are planning to enter the job market in anticipation of a growth pickup in the second half of the next fiscal year that starts in April.
Generative AI will bring down the entry barriers for specialised jobs
Cognizant CEO Ravi Kumar S believes that generative artificial intelligence (AI) will reshape job dynamics, skills, tasks, and occupations, fostering upward social mobility. Unlike previous technological disruptions, generative AI's adoption curve will be steeper due to its natural language interface. While it may not replace jobs immediately, it will alter tasks within them. Kumar predicts a levelling effect, benefiting less productive workers and knowledge workers more than blue-collar workers.
Specialised skills are killing it! MBA seen losing edge
Several company officials and HR heads ET spoke to say a classical MBA degree is losing out to the current market trend of hiring talent with specialised skills and those who come at a lesser cost. Ironically, this fall in demand for MBA degree holders comes at a time when their supply is increasing. A record 330,000 candidates from across India registered for the Common Admission Test (CAT) in 2023, a 30% increase from the previous year - a reflection of the aspirational value of the degree.
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