YOUNG WORKFORCE
Not just employers with benefits! India Inc looks to be more to woo talent Corporate India is offering new-age benefits, realizing that attracting and retaining talent requires more than just high salaries. Cos offer new-age perks like cash for self-development, health insurance for siblings and pet care to woo talent
08 Jun, 2024, 02.34 PM ISTMeet India's Insolvency professionals: Male, chartered accountants and not so young The typical Indian insolvency professional (IP) is a middle-aged male chartered accountant. Only 10% of the 4,352 registered IPs are women, and just 7% are under 40 years old, according to data from the Insolvency and Bankruptcy Board of India (IBBI...
29 May, 2024, 10.53 AM ISTRetail, ecommerce create job openings for freshers and experienced professionals A recent report by GI Group Holding India reveals increasing job opportunities in retail and e-commerce, with retail seeking fresh hires and e-commerce targeting experienced professionals. Applications for retail jobs rose by 8% in 2023, driven by y...
27 May, 2024, 10.07 AM IST- ADVERTISEMENT
MSMEs should build support fund for women to encourage their participation: Lohit Bhatia, Indian Staffing Federation MSMEs should work towards increasing female workforce participation by making structural changes to their ecosystem, says Lohit Bhatia, President, Indian Staffing Federation (ISF).
27 May, 2024, 09.58 AM ISTIndian consumer market sees significant drop in average buyer age across cars, smartphones, and TVs Over the past 5-6 years, the average age of Indian consumers purchasing cars, premium smartphones, and large televisions has decreased significantly, indicating a shift towards younger demographics. Major car manufacturers like Maruti Suzuki, Hyunda...
18 May, 2024, 12.41 AM ISTEntry-level jobs in telecom industry thrive despite broader workforce slowdown: TeamLease Despite a general slowdown in headcount expansion in the Indian telecom industry, demand for entry-level customer-facing and technology roles remained strong. TeamLease Services data shows a growth in associate workforce by 51.05% in FY22, with a 31...
17 May, 2024, 02.51 PM ISTRazorpay revamps health insurance policy, provides coverage for vital medical treatments Razorpay unveils new employee health insurance policy covering vital treatments like HIV/AIDS and conditions such as polycystic ovary syndrome. Employees can customize plans to include siblings, LGBTQIA+ partners, and enhanced maternity benefits. Th...
14 May, 2024, 05.10 PM ISTIndia's young harbour big plans India's youth population is set to reach 420 million in 2024, comprising 29% of the total population, with 20 million being first-time voters. These young individuals hold significant power to influence India's future. The People Research on India's...
03 May, 2024, 10.51 PM ISTSmartphone companies dial up after-sales service network "Established industry players are increasingly embracing apprenticeship initiatives aimed at cultivating a skilled workforce. These programmes offer courses such as service engineer IT hardware, repair technician, wireman control panel electronics, ...
29 Apr, 2024, 07.37 AM ISTHow Software and IT Jobs are disappearing in favour of AI and what is going to fill that vacuum AI and technology advancements threaten 400 million jobs globally, impacting India's IT sector. Addressing rising unemployment requires skill evolution and innovative educational approaches to prepare for the future workforce demands.
27 Apr, 2024, 10.55 AM ISTCompanies shopping for workers floored by women "There is a preference to hire women on assembly lines," said Lohit Bhatia, president of workforce management at leading staffing company Quess Corp. "Many automobile, EV and component makers as well as electronics and mobile manufacturers want to s...
21 Apr, 2024, 10.39 AM ISTWomen in tech workforce in GCCs to rise to 35% by 2027 from 25% now: Report The rise of women in tech to 35% by 2027 in global capability centers, highlighting in-demand roles and challenges faced. Efforts are needed to bridge the gender gap and provide equal opportunities for women in tech.
17 Apr, 2024, 01.31 PM ISTThere is a critical need for upskilling initiatives in India, says Pearson executive In an interview with ET’s Sreeradha Basu, Jane Baker, vice-president, Workforce Skills at learning company Pearson said India stands out as a leader in the global upskilling market due to its sheer volume of learners seeking to enhance their skills ...
16 Apr, 2024, 11.54 AM ISTEducated and unemployed: India's angry young voters The World Bank warned this month that India -- like other South Asian nations -- was "not creating enough jobs to keep pace with its rapidly increasing working-age population". South Asia is failing "to fully capitalise on its demographic dividend",...
12 Apr, 2024, 09.12 AM ISTGender diversity, inclusion not just ideal, but a strategic necessity for businesses: Industry The Indian IT industry has made progress in gender diversity, but there is still underrepresentation of women in top positions and boardrooms. Companies should offer flexible work options, mentorship programs, and robust support structures to suppor...
08 Mar, 2024, 11.20 AM ISTWorkforce attrition in restaurant sector at three-year high amid expansion Investment and funding have picked up in recent months, with new local entrants and global chains driven by India’s young population, among other factors, adding to new work opportunities and hence, faster churn, as workers are switching jobs even f...
25 Feb, 2024, 12.05 AM ISTSnap to lay off 10% of its workforce as spate of job cuts continue The Snapchat parent expects pre-tax charges in the range of $55 million to $75 million, primarily consisting of severance and related costs, and other charges, of which $45 million to $55 million are expected to be future cash expenditures.
05 Feb, 2024, 10.39 PM ISTWhat University 5.0 means for people planning to enter the workforce The New Education Policy (NEP) 2020, also known as University 5.0, is reshaping higher education by embracing technology and addressing global requirements. It goes beyond traditional learning institutions and focuses on holistic education, incorpor...
30 Jan, 2024, 05.32 PM ISTIndia’s employable youth up from 33.9% in 2014 to 51.3% in 2024: DEA In its review of the economy for January 2024, the department of economic affairs under the ministry of finance, said there is ample scope to mainstream skilling into education curriculum and upskilling a large chunk of the existing workforce into f...
30 Jan, 2024, 12.03 AM ISTFoxconn CEO Young Liu honoured with Padma Bhushan Foxconn is the world's largest electronics manufacturer and a leading global science and technology solutions provider. As per Foxconn's official website, Liu is a recognised entrepreneur and innovator with over four decades of industry experience.
26 Jan, 2024, 02.51 PM IST