Monday, 30 December 2019
Headhunters see uptick in tech leadership hiring
Technology heads are going to be in high demand in 2020, with some headhunters predicting an almost 100% increase in hiring for this leadership profile across software services, manufacturing, technology and product companies.from Jobs-Economic Times https://ift.tt/2Qajjrz
Sunday, 29 December 2019
Questions for 2020: Job crisis over?
The real crisis has been in the blue-collar, semi-skilled, unskilled manual labour space, including those in the rural economy, where the slowdown in the economy has made the deepest impact, starting from severe loss of mandays in the automobile sector, to marked deterioration in the construction and exports sectors, and then through the demand compression for agro-industries.from Jobs-Economic Times https://ift.tt/368kgXf
Private equity funds go talent shopping for portfolio companies
Advent International, Blackstone, Carlyle, General Atlantic, SoftBank tapping managers for leadership roles. In the past few years, PE funds have preferred to invest in ventures where they get controlling stakes. This helps them to have greater control over operational aspects of the company.from Jobs-Economic Times https://ift.tt/39qwHPV
Companies will move from hiring to attracting in 2020: Study
About 78 per cent of companies in a survey admit that hiring and retaining has become more difficult compared to the previous year, according to 'The 2020 Talent Technology Outlook' study by research-backed innovative talent solution provider SCIKEY.from Jobs-Economic Times https://ift.tt/2F4X5kF
Friday, 27 December 2019
Tech talent crunch in 2020 likely to go up to 200,000
The profiles in demand include information security analysts, cloud engineers, network analysts, cybersecurity experts, digital transformation consultants, data governance experts, digital marketing specialist, data scientists, blockchain developers and AI specialists.from Jobs-Economic Times https://ift.tt/2rD0fcg
Thursday, 26 December 2019
Diversity makes business sense for India Inc
Some companies are widening the search for recruits from among those who have been marginalised. Apart from more women, companies are looking to recruit persons with disability (PwDs), LGBTQ candidates and army veterans. The reason — it makes good business sense. The numbers are small, but interest is growing.from Jobs-Economic Times https://ift.tt/37fUYGS
Wednesday, 25 December 2019
Ecommerce companies, startups step up campus hiring
Companies seeking freshers who are quick to learn new-age tech skills and adapt to fast-paced business environments. Udaan, Droom, Flipkart, Amazon, Toppr, Testbook and NoBroker are among those hiring aggressively from campuses across multiple functions including operations, human resources, finance, business development.from Jobs-Economic Times https://ift.tt/2ZljGCS
Tuesday, 24 December 2019
Skilling flagship may see over 2x allocation boost
The new technologies to be covered under the widened PMKVY may include artificial intelligence, internet of things, big data, 3D printing, virtual reality and robotics. This is in sync with Prime Minister Narendra Modi’s vision of making India the skill capital of the world, the official said.from Jobs-Economic Times https://ift.tt/2MqVfi5
12.44 lakh new jobs created in October: ESIC payroll data
Gross enrolments of new subscribers with ESIC were 1.49 crore during the entire financial year 2018-19, the National Statistical Office (NSO) said in a report. It also showed that during the September 2017-October 2019 period, around 3.22 crore new subscribers joined the ESIC scheme. The report showed that gross new enrolments with ESIC during the September 2017-March 2018 period were 83.35 lakh.from Jobs-Economic Times https://ift.tt/34Pn4H1
SPJIMR completes placements with Rs 26.36 lakh average annual salary, 15.1% jump over last year
Apart from traditional recruiters, several new companies from diverse sectors were on campus this year. Despite challenging market conditions, a total of 44 new recruiters were on campus including Alvarez & Marsal, The Bridgespan Group, Praxis Global Alliance, Bank of America, Landmark Group, Intuit, Cisco, Sabre Partners, Spark Capital, Udaan, BYJU'S, Ola cabs, Swiggy and Dabur.from Jobs-Economic Times https://ift.tt/398GGte
Monday, 23 December 2019
Companies are looking to hire digital, new age technology professionals in 2020
There are a little over 60,000 job openings currently for the top 10 new age tech skills for 2020, according to an estimate by specialist staffing firm Xpheno that was shared exclusively with ET. These include data analytics, AWS, data science, ML, NLP, data visualisation, IoT, AI and blockchain.from Jobs-Economic Times https://ift.tt/2POQQYq
Saturday, 21 December 2019
Code decode: Newer challenges for professional coders
Breaking into computer programming has become easier than ever, with online training & code libraries. But that hasn’t made life easier for professional coders, who face newer challenges. Globally, the thinking that programming as a skill should be acquired by even school children has been gaining ground, as it combines skills of design, language & problem-solving.from Jobs-Economic Times https://ift.tt/2EGgKaf
Thursday, 19 December 2019
IIT Delhi students receives 10% more job offers than last year
Over 960 students at the IIT Delhi have got job offers in the first phase of placement that started on December 1 and ended on December 13. Students have bagged 187 pre-placement offers (PPOs) up to now, an increase of 8% over last year. This is the highest number of offers received by the institute compared to the past years from various domestic and international organisations, according to the IIT.from Jobs-Economic Times https://ift.tt/2McXGEQ
Hiring trickling down in IT, startups & MNCs
The top 100 companies, including funded startups, IT services companies and in-house centres of global corporations, have altogether employed 2.1 million people this year, registering a growth of 7%, which is a drop from the 26% growth seen in the previous two-year period.from Jobs-Economic Times https://ift.tt/34DwYeT
Wednesday, 18 December 2019
Content marketing jobs become a bestseller
India has emerged as one of the top markets for such jobs, which include mostly marketing and social media related roles, according to a report by US-based online marketing analytics firm SEMrush, which shared the data exclusively with ET.from Jobs-Economic Times https://ift.tt/2PZvIxp
Fraudsters prey on IT job seekers with fake offers
On Monday, the 24-year old engineering graduate from Coimbatore reached Cognizant’s campus in the city, joining letter in hand. He was in for a shock, though.from Jobs-Economic Times https://ift.tt/34EBDNv
Tech startups created over 60,000 direct jobs this year: Nasscom
Speaking at the launch of 'Future Skills PRIME' programme, a joint skilling initiative by the IT ministry and industry association, Debjani Ghosh, President of Nasscom said, "Even our startups are creating jobs, tech startups have created over 60,000 direct jobs... just this year".from Jobs-Economic Times https://ift.tt/2EtuJ30
Tuesday, 17 December 2019
No slowdown in jobs for IITians
First round campus recruitment in top tech institutes show companies are eager to pick up talent and willing to pay well to get the best. This year, most IITs including Delhi, Kanpur, Kharagpur, Madras, have placed over 65-70 per cent of students registered for placements in the first phase itself. Here is a detailed report card.from Jobs-Economic Times https://ift.tt/2tpxfoJ
Monday, 16 December 2019
They aren’t ‘IT coolies’, India’s engineers turning into designers
Design thinking is beginning to get deeply embedded in the psyche of Indian companies — in startups, and big companies. Indian IT has been derided as body shoppers and its employees as IT coolies. But the reality is, there’s a lot more creativity today in the technology industry.from Jobs-Economic Times https://ift.tt/35twB7L
IIT’s AI course as hot as Rajinikanth movies
Faculty member at IIT-Madras says artificial intelligence (AI) and machine learning (ML) are the two most sought-after courses/electives at IITs these days. The professor says that these two emerging technologies have gained so much interest that IIT-Madras finds itself reinventing the course structure and introducing new aspects.from Jobs-Economic Times https://ift.tt/2RXg9J5
North East & Kashmir placements trip on unrest, clampdown
Leading schools such as the Indian Institute of Management (IIM) Shillong and the Indian Institute of Technology (IIT) Guwahati are feeling the impact of unrest due to the Citizenship Amendment Act (CAA).from Jobs-Economic Times https://ift.tt/2tqY8J5
Sunday, 15 December 2019
EY to hire 23,000 people in FY20
The firm is set to hire more than 23,000 professionals in financial year 2020, cementing India’s position as EY’s largest workforce outside of the US.from Jobs-Economic Times https://ift.tt/35srgOm
Unsure of future, telco staff seek opportunity elsewhere
Despite some relief from the government and tariff hikes, employees are still seeking other opportunities, the recruiters added.from Jobs-Economic Times https://ift.tt/2PPpY9l
Saturday, 14 December 2019
How IIT graduates are giving up on their dollar dreams for startups and new-age tech companies
There are some significant shifts in IIT campus placements over a decade — between 2009-10 and 2019-20. These offer insights into the present corporate environment — and the future.from Jobs-Economic Times https://ift.tt/36ELu7H
Friday, 13 December 2019
IITs see a surge in global offers for the class of 2020
International job offers for the Class of 2020 during final placements have jumped upwards of 60% at IIT Madras and IIT-Hyderabad, while the IITs at Kanpur, Kharagpur, BHU and Guwahati have seen a surge of 100-400%. The 2020 batch is being offered more positions in locations such as the United States, Singapore and Japan, compared to the 2019 batchfrom Jobs-Economic Times https://ift.tt/2qQvQXz
India has a shortage of qualified designers says expert
By 2020, the potential market for design in India is expected to be Rs 188.32 billion. The number of designers required by 2020 in India’s industrial, graphic, communication, packaging and other design domains is potentially 62,000. There are around 7,000 qualified desginers in India with perhaps 5,000 studying design,” says expert.from Jobs-Economic Times https://ift.tt/2RUXFsZ
Wednesday, 11 December 2019
IIT Kharagpur students receive 1300+ jobs in 11 days
Indian Institute of Technology (IIT) Kharagpur saw its first phase of placements starting on 1st December 2019 and continued till 11th December 2019, in which 280 pre-placement offers were extended to students and over 1300 students got placed. The median salary calculated on the available data stands at Rs 15 lakh per annum.from Jobs-Economic Times https://ift.tt/36oD1W3
2.85 lakh jobs created in DPIIT recognised startups: Piyush Goyal
As on November 21, 2019, SIDBI has committed Rs 3123.20 crore to 47 SEBI registered Alternative Investment Funds (AIFs). These funds have raised a corpus fund of Rs 25,728 Crore. “Rs 695.94 Crore have been drawn from the Fund of Funds for start-ups. Rs 2,669.83 Crore have been invested into 279 startups,” Union Commerce Minister Piyush Goyal said.from Jobs-Economic Times https://ift.tt/2PBs8JK
Tuesday, 10 December 2019
Employability of graduates jumps to nearly 50% in 2019 from 33% in 2014: Survey
The most employable candidates are MBA passouts with 54% of the being found employable. According to India Skills Report by Wheebox, People Strong and CII, there is an overall positive trend in talent supply as over 46 percent of the students surveyed are found to be employable or ready to take-up jobs in 2019 against only 33 percent in 2014.from Jobs-Economic Times https://ift.tt/2LHrN7b
Monday, 9 December 2019
Maha has most employable talent, followed by TN, UP: Study
Maharashtra topped the list of states with the highest employable talent, followed by Tamil Nadu and Uttar Pradesh while Mumbai, Hyderabad and Pune stood out as the most employable cities.from Jobs-Economic Times https://ift.tt/356FoN3
India Inc has long way to go in employing disabled people
Only 34 lakh of the about 1.34 crore people with disabilities (PwDs) in the employable age have a job in India, according to Equiv.in, a recruitment platform that cited government data for the numbers. That is an unemployment rate of more than 70%.from Jobs-Economic Times https://ift.tt/342W8Dh
2.72 crore male, 1.56 crore female registered job seekers in the country: Government tells LS
Union Labour Minister Santosh Gangwar released the statistics for the number of people who have registered with employment exchanges across the country in the Lok Sabha on Monday.from Jobs-Economic Times https://ift.tt/38kf04f
IIT-M Phase I placements season shows stable campus hiring
Including the accepted Pre-Placement Offers (PPOs), a total of 848 students have already been placed at the end of Phase I Placements for 2019-20 Academic Year. This is around the same as last year (2018-19) when 844 students had been placed at the end of Phase I, the institute said. The jobs include 34 offers to work from locations abroad, the institute said in a release.from Jobs-Economic Times https://ift.tt/2E3JZU0
Saturday, 7 December 2019
Students of IIT-Kharagpur receive over 1000 job offers in five days
Students got job offers from companies in the software, hardware, consulting, core engineering, banking and finance sectors, it said. Some of the top recruiters are Honeywell with 36 offers, followed by Exel which made 25 offers while there are 19 from PSU companies.from Jobs-Economic Times https://ift.tt/2sUOXQW
Friday, 6 December 2019
Topline recruiters make beeline for emerging engineering talent
The final placements at the top IITs including Bombay, Delhi, Kanpur, Madras start from December 1 while at the new IITs, the final placements start a bit early. Among the engineering colleges in the country, NITs are the first to begin the final placements in August. Top recruiters get the early slots based largely on salaries and profiles.from Jobs-Economic Times https://ift.tt/36lDPLt
IIT Delhi students receive 700+ job offers
The total number of job offers to IIT Delhi students stand over 750. The students selected are from undergraduate, post graduate and PhD programmes. Some companies who made domestic job offers include Microsoft with 30 offers including 2 international offers, Societe Generale - 13 offers, Mastercard - 11 offers, Standard Chartered - 10 offers among others.from Jobs-Economic Times https://ift.tt/2YngrKB
Retailers, services more open to hiring apprentices: Report
"The government has taken multiple initiatives like easing FDI norms, to boost retail sector, which have led to an increase in retail activity by way of expansion of local chains and malls. The only way to create workforce for this industry is through apprenticeship," TeamLease Skill University said in the report.from Jobs-Economic Times https://ift.tt/2Yryn70
Thursday, 5 December 2019
How inclusive is your workplace? This story will make you look around
from Jobs-Economic Times https://ift.tt/2LqkXCI
Tuesday, 3 December 2019
Only 1 agency to do majority of public sector recruitment through single exam: Centre
The Union Public Service Commission (UPSC) conducts civil services examination annually to select officers of Indian Administrative Service (IAS), Indian Foreign Service (IFS), Indian Police Service (IPS) and Indian Forest Service (IFoS), besides other Group A and Group B (gazetted) services.from Jobs-Economic Times https://ift.tt/2rSSDSt
Monday, 2 December 2019
Kotak Mahindra, Axis Bank to recruit 5,000 fresh grads
Two of the country’s largest private sector banks said they will hire a total of about 5,000 fresh graduates, with a greater emphasis on tech talent.from Jobs-Economic Times https://ift.tt/2DFKhAo
IIT placement season sees record number of Rs. 30 lakh-Rs. 1 cr offers
The current placement season at IITs is witnessing record salary offers from the likes of Google, JP Morgan, Goldman Sachs. Annual pay packages of Rs. 30 lakh and more-going up to Rs. 1 crore and beyond- are more numerous than ever before.from Jobs-Economic Times https://ift.tt/2OIghdx
In two days, 302 placement offers made at IIT-Guwahati
Monday was the second day of campus recruitment and the premier institute has received offers from companies to the likes of Microsoft (19 offers), Uber, Goldman Sachs (9 offers), JPMC (9 offers), IBM, Nutanix, American Express, Quadeye, Oracle (14 offers), Bajaj, Google, etc.from Jobs-Economic Times https://ift.tt/35VilVs
IIT Delhi students receive 244 offers on Day 1
Microsoft has offered the highest number of offers to 30 students including 2 international offers, followed by Intel which gave 27 domestic offers. Other international offers include one each from Uber USA and Squarepoint Singapore. Among other companies offering high number of offers include Qualcomm with 16 offers and Goldman with 12 offers.from Jobs-Economic Times https://ift.tt/2LfUIil
Salaries in India likely to rise by 9.2 pc in 2020; inflation-adjusted real-wage at 5 pc: Report
According to Korn Ferry Global Salary Forecast, India's salary growth for 2020 stood at 9.2% down from 10 per cent last year, while real-wage after adjusting inflation may remain constant at 5% in 2020. The report added that India has emerged as the leader of salary growth projection in Asia. Salaries are predicted to grow at a rate of around 4.9% globally.from Jobs-Economic Times https://ift.tt/2DzeYHl
Sunday, 1 December 2019
US roles with fat pay cheques increase at IITs
Japan, which has been the frontrunner among international recruiters at the IITs in the last few placement seasons, continues its strong run, with the likes of Sony Japan, Mercari, Honda Japan, NTT-AT, SMS Datatech, Tonichi Insatsu Co and Diverta Inc vying for tech talent.from Jobs-Economic Times https://ift.tt/33DEkyr
Five Rs 1 crore-plus offers on Day 1 of IIT Kharagpur final placements
"We feel that the placement trends are very promising and we expect the overall season to be very fruitful, " said GP Raja Sekhar, chairperson, CDC in a statement.from Jobs-Economic Times https://ift.tt/2P5I6eZ
102 job offers made as placement season at IIT-Madras
The offers recorded an increase from 85 during Session I of last year at IIT, Madras, a press release said. "In this placement season, IIT Madras has exceeded the number of offers achieved in session 1.1 of last year. We expect the positive trend to continue..," IIT Madras, Training and Placement, Advisors Manu Santhanam and Professor C S Shankar Ram said.from Jobs-Economic Times https://ift.tt/2Lb542R
Friday, 29 November 2019
B-schoolers prefer tech roles to investment banks
Well-paying consulting and technology companies are now on the top of the preference list for fresh graduates of Indian Institutes of Management and other business schools.from Jobs-Economic Times https://ift.tt/35SSvkZ
Thursday, 28 November 2019
Top 5 IT firms’ hiring jumps 18% in first half
The five software services providers hired over 64,332 employees in the six months to September, compared to 54,642 people in the same period last year, according to an ET analysis of employee hiring at these companies. The digital business contributes to over a third of revenue for most IT companies.from Jobs-Economic Times https://ift.tt/2R7go3M
Kaun banega crorepati at IITs from Sunday
Salesforce is likely to emerge the top paymaster for the Class of 2020, as it has lined up offers of around Rs 1.8 crore (including variable pay and stock options) for software developer roles, IIT placement officials said. Making its debut at the premier engineering colleges is Clumio, a startup which is offering a package of Rs 89.5 lakh.from Jobs-Economic Times https://ift.tt/2OsPyS0
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