WHITE COLLAR SPACE
Small cities home to big dream jobs: Hiring scene in tier 2, 3 cities gets busy
Job opportunities are growing across sectors in tier 2 and 3 cities, and professionals are eager to join, recruiters and firms said. Escalating living costs and infrastructural challenges in metros are prompting executives to move to smaller cities. Companies, on their part, are drawn by cheaper land costs, lower salaries and easy talent availability, besides rising disposable incomes in these cities.
IT sector slowdown's impact being seen in overall white-collar job market
The number of open positions in the IT services sector stood at 50,000 at the end of January, down 21% from a year ago and over 60% from two years ago, according to data from LinkedIn and other top job boards put together by specialist staffing firm Xpheno.
Grapple patronising, patriocratic spaces
While due diligence is non-negotiable, and using technicalities to suspend an organisation is kosher, the signalling has been awful. It seems like an afterthought, a damage-control exercise to offset bad handling of the case from January, when national sportspersons began their protests against Singh. One is left to wonder how many young women have been dissuaded from taking up wrestling as a profession since because of official waffling.
White-collar hiring rises amid positive indicators
Data showed that for the first time in five months, the IT sector collective-the largest employment segment comprising tech services, products, global in-house centres of multinationals in India, as well as startups-posted a 32% m-o-m rise in open positions. However, despite the recovery in the active demand in IT, the sector closed 40% lower than the same period last year as companies remain cautious amid global headwinds.
White-collar hiring rise in July amid positive domestic economic indicators
The number of open positions closed with 272,000 in July, up from 230,000 in June, according to data put together by specialist staffing firm Xpheno. Companies both in the technology and non-tech space put out more vacancies in July, with the non-tech cohort continuing its domination in the white-collar job market for the 10th month in a row, contributing 62% to the total openings with a volume growth of 10% month-on-month.
Murky frontier of rules for the space industry
Elon Musk, Jeff Bezos and Richard Branson are racing to establish a presence in space. But what rights and obligations come with that?
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White-collar job posting activity witnesses two per cent growth in March: Report
White-collar hiring in India grew by 2% in March, boosted by demand from the retail, telecoms and tourism sectors. The annual rise in hiring was driven by recruitment in these sectors, according to Foundit Insights Tracker (FIT). However, hiring activity decreased by 1% month-on-month due to hiring slowdowns by several sectors. Gig workers saw an 11% year-on-year growth, the report said.
Demand for white-collar gig roles increases in March, shows foundit jobs report
The demand for gig workers in white-collar jobs in India increased by 11% YoY in March. The white-collar job posting activity also showed a rise of just 2% YoY in March, whereas it declined 1% month-on-month. Industries such as retail, travel, and tourism exhibited a yearly increase in hiring demand, whereas import and export had a 12-13% dip and IT, telecoms, and manufacturing had a 3-4% decline month-on-month.
Marginal increase in e-recruitment in white-collar space in February 2023: Report
"Despite rising concerns at a macroeconomic level, there is a rise in hiring freshers as well as enabling a diverse and inclusive workplace. In February, there was a marginal growth of 1 per cent in e-recruitment space compared to same month last year. The tech industry, despite a few setbacks, remains the single largest employer of fresh talent and women," foundit, a Quess company, CEO Sekhar Garisa said.
Hiring activity in e-recruitment space dips by 2% in January: Report
Demand for jobs in production and manufacturing declined by 8 per cent as did in healthcare (7 per cent), IT hardware and software (7 per cent), telecom (5 per cent) and banking, financial services and insurance (3 per cent), according to Foundit (formerly Monster) Insights Tracker (fit) for January 2023 .
Online sales continue to surge; experts flag grievance panel concerns
While offline trade boomed from this fiscal with withdrawal of all Covid restrictions and low infection rates, ecommerce continued its pace of growth with consumers adopting both the offline and online channels.
The Commuterist Manifesto: A white-collar right to travel to work daily
· It is high time that commuterists should openly, in the face of the whole world, share their views, their aims, their tendencies, and meet this nursery tale of the Spectre of Commuterism with a manifesto itself.
States urged to reform, seize export space being vacated by China
ET has gathered that the thrust was on initiating key state-level reforms to increase exports by grabbing the low-skill manufacturing base China is exiting as wages rise there.
White collar job openings dip in June amid slowing tech intake
The overall drop in hiring numbers comes even as non-tech sectors continued to open more job positions amid rising attrition and an uptick in consumption, data put together exclusively for ET by specialist staffing firm Xpheno showed. The total number of active white collar job openings in June stood at 300,000, down from 330,000 in May, according to data collated from LinkedIn and several company job boards.
India a country of two halves in terms of job growth: Monster.com CEO
“On the white collar side, we have only seen the job creation data going up positively over the last few quarters, post the dip in the pandemic in March 2020. We consistently see that across the 27 sectors and 13 cities that we track, the employment data has been very, very encouraging.”
Big companies in India don't see new variant impacting white collar jobs
The growth that the white-collar employment space has been witnessing over the last 4-5 months is expected to continue unless there is an intense third wave of the pandemic that leads to stricter restrictions and disruption of the supply chain.
'Sex and the City' star Willie Garson loses battle to cancer at 57
The actor was set to appear in the upcoming reboot series for 'And Just Like That...'.
White-collar women professionals face biases, stigmas due to health issues, shows survey
86% of the working women have observed their colleagues/relatives/friends drop out of the workforce, 59% of whom cited health issues as the main reason, shows Indian Women’s Health Report by Emcure Pharmaceuticals.
How tech can drive away hiring blues
Staffing firms are employing apps and online onboarding tools to shortlist and employ blue-collar staff, as companies look to tap a workforce that is both fungible as well as flexible post-pandemic. Dia Rekhi gives you the details
At General Motors, blue and white collar give way to remote and on-site
In North America, GM has already sought to expand its recruiting footprint beyond its Detroit area base by setting up "innovation centers" for employees in technical and marketing fields in Austin, Texas; Chandler, Ariz. and Roswell, GA.
Deloitte India's Anandorup Ghose decodes latest India hiring trends with special focus on MSMEs' travails
"The problem is more with the MSME segment which employees 12 to 14 crore people in the country, and where one can already see businesses shutting down. When that kind of stuff happens, it creates challenges in terms of work coming back."
Charge of white-collar brigade may continue in Q4: 10-30% jump in hiring mandates seen in Jan-March
Information technology (IT), ecommerce, ed-tech, logistics, healthcare and fast-moving consumer goods (FMCG) are among the sectors leading on the job-creation front. However, sectors such as banking and financial services, manufacturing, auto and power have also seen a rebound, said hiring firms such as ABC Consultants, Michael Page, Antal, TeamLease Services, Adecco and CIEL.
Tata Steel's work-from-anywhere for white collar workforce
Tata Steel, one of the country’s largest steelmakers, will roll out a work-from-anywhere policy this month that will allow a large section of its white-collar workforce to operate from any part of the country or the world, even after the pandemic subsides.
E-commerce, logistics firms bring back blue-collar jobs as companies prepare for festive season
This comes at a time when internet companies including Amazon, Grofers, Big Basket and DealShare have already hired thousands of blue-collar and gig workers in the past month.
Co-location 'super white-collar crime', probe Chidambaram's NSE interest, says Jignesh Shah
Jignesh Shah blamed P Chidambaram for all the troubles his business empire had to face.
How white collar pros are fuelling the gig economy
India leads the global gig economy with a 24% share of the online labour market, with demand across software developers, creative and marketing professionals.
RPG tweaks culture to attract talent
The drive is being led by group chairman Harsh Goenka, who spends a lot of his time and interest in human resource activities and “culture building” that he says is an important pivot for the group.
What made 50 IITians give up their cushy, white-collar jobs to form a political party
BAP has been formed to fight for the rights of the Scheduled Castes, Scheduled Tribes and Other Backward Classes. The party is awaiting EC's approval.
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