Thursday, 31 October 2019
Manufacturing, services sectors to drive apprentice hiring in H2 2019
The report revealed that the top manufacturing sectors to hire apprentices in the second half of this year are FMCG & durables (45%) and automobile and ancillaries (42%). It is followed by services sector with retail (45%) and travel and hospitality (44 per cent). The growth is primarily attributed to employers increasingly invested in the apprenticeship model.from Jobs-Economic Times https://ift.tt/322UTDp
Wednesday, 30 October 2019
Faculty of Management Studies secures 100% summer internship placements
There was a record 42% increase in the e-commerce/IT/Operation roles compared to last year with 47 accepted offers from recruiters such as Amazon, Adobe, Flipkart, Google, Media.Net, Microsoft, Ola, Swiggy and Uber.from Jobs-Economic Times https://ift.tt/36jSPtK
Tuesday, 29 October 2019
More people employed in May-August 2019, says CMIE
This meant that 2.5 mn more people were employed during this period compared to a year ago when employment was 402.4 million, according to a CMIE survey. This reverses the trend of falling employment seen in last two years in the same period.from Jobs-Economic Times https://ift.tt/2PuhqpP
Executive search firm Positive Moves hires six new partners
Among the top hires includes chief HR officer Gautam Anand, formerly chief people’s officer at Airtel. This is the first time an HR executive has moved to executive search, a statement issued by the company said.from Jobs-Economic Times https://ift.tt/2WlneU8
HRD Ministry examining IIT's proposal of Australia-like student loans
Human Resource Development (HRD) Ministry is currently examining the matter, R Subramaniam, Secretary Higher Education in the HRD Ministry confirmed to ANI.from Jobs-Economic Times https://ift.tt/36dpuRH
Monday, 28 October 2019
Clean energy CXOs make hay while sun shines
Executive search firms say they are seeing an up to 100% increase in mandates for CXO roles in the clean energy sector. The typical compensation at the chief executive level is upwards of Rs 2 cr, while functional heads command Rs 80 lakh to Rs 1.4 cr.from Jobs-Economic Times https://ift.tt/346S7OI
More and more IT professionals looking for a new job
Those who are looking for a change mostly have work experience of 15 years and upwards, as per the study.from Jobs-Economic Times https://ift.tt/2Wn7ss0
Sunday, 27 October 2019
Cost-wary tech majors ramp up onsite hiring
Experts say onsite hire-train-deploy model could give Indian IT companies a competitive edge. Conmpanies are looking to cut subcontracting costs. TCS reported that fees to ‘external consultants’ had increased to Rs 11,330 crore in March 2019.from Jobs-Economic Times https://ift.tt/2q0VcAY
Saturday, 26 October 2019
IIM Calcutta wraps up summer placements for 480 students
An estimated 136 cos offered nearly 200 roles to the class of 2021. Several students exercised "Dream" options that allowed them to get multiple offers from top firms. Finance & Consulting firms accounted for 43.2% of total offers.from Jobs-Economic Times https://ift.tt/32ScgaX
Education is not mapped to the market, says Mona Mourshed, president & CEO, Generation
Generation's Mona Mourshed explains how skilling challenges can be tackled and how people can be made job-ready. Generation aims to bridge the education-to-employment gap by gauging the demand for profiles at the employer end.from Jobs-Economic Times https://ift.tt/36divZl
Friday, 25 October 2019
13.08 lakh new jobs created in August: ESIC payroll data
The NSO said the present report gives different perspectives on the levels of employment in the formal sector and does not measure employment at a holistic level.from Jobs-Economic Times https://ift.tt/2BFRKOP
Thursday, 24 October 2019
ET India dialogues: India needs to shift the focus to large-scale employment
Rule-based jobs, which are a small proportion of employment in the country, will be disrupted by advances in technology, such as artificial intelligence (AI), machine learning and robotics, in line with what is happening in the West.from Jobs-Economic Times https://ift.tt/2MKbZkP
The Economic Times India dialogues: Gig economy not best model for job creation
India is still struggling with realising the full potential of its demographic dividend. Though, the gig economy employs millions of people, these are the first kind of jobs that are far more likely to be eliminated or automated.from Jobs-Economic Times https://ift.tt/2BMGu3b
One-size-fits-all policy won’t work for job creation in Bengaluru
Panellists ask policymakers to take a leaf out of China’s success story and build sector-based clusters and incentivise job creation for a better future. Some sectors such as garments could be moved outside of the city so that workers can cut their cost of living.from Jobs-Economic Times https://ift.tt/33Zwi3x
Wednesday, 23 October 2019
India Inc bullish on apprentice hiring: Study
According to the study, 40% of employers in manufacturing revealed a positive intent of hiring apprentices. In the services sector, 42% companies said they are willing to hire apprentices in the second half.from Jobs-Economic Times https://ift.tt/31LnRHr
HSBC India tweaks childcare policy to benefit women employees
Women employees can now claim reimbursement for day-care expenses on actuals until the child turns six.from Jobs-Economic Times https://ift.tt/2W4FrVX
Tuesday, 22 October 2019
How to invest in talented individuals to help them achieve their potential
Though, the core concept of income share agreement model is related to investing in people, but it can be used in many other contexts. There are innovative models of investment, which have wide applicability especially in the relatively unexplored areas.from Jobs-Economic Times https://ift.tt/33SsQYp
Average stipend goes up 12.14% to Rs 1.2 lakh per month in XLRI's summer internship placements
The 361-strong batch saw the highest stipend at Rs 2.5 lakhs per month offered in the BFSI sector. The median stipend offered too was Rs. 1.2 lakhs per month.from Jobs-Economic Times https://ift.tt/31zNM4P
Overall hiring intention of Indian IT employers weakens: Survey
According to the Experis IT Employment Outlook Survey (EITEOS), the overall IT hiring intention of Indian employers for the period between October 2019-March 2020 stood at 47.54 per cent, down from 53.41 per cent in the last six months.from Jobs-Economic Times https://ift.tt/31zvOQ0
Monday, 21 October 2019
What the future of jobs in India looks like, according to JPMorgan CEO
We have seen time and time again that when people have a fair shot and are able to participate in and benefit from growth, the economy is stronger and our world is a better, healthier, safer place, says Dimon.from Jobs-Economic Times https://ift.tt/2MBOw5t
Consulting and Sales and Marketing firms increase share in placements at IIM Bangalore
"The entire process of summer placements was completed in record time due to process improvements in resume verification and effective management of pre-placement talks and interview schedules," said Chair of Career Development Services, IIMB.from Jobs-Economic Times https://ift.tt/32Fc7b6
IIM Ahmedabad to start summer internship recruitment on 1st November
The cluster 1 summer placement will take place on 1st November, placement for cluster 2 and cluster 3 will take place on 4th November and 7th November, respectively.from Jobs-Economic Times https://ift.tt/2VYWVTz
IIM Bangalore campus placements see 446 offers made to 437 students
A total of 79 offers were made in the marketing and sales domain by recruiters including AB InBev, Vodafone Idea Limited, Bajaj Auto, Dr. Reddy’s Laboratories, Mondelez, Procter & Gamble, etc, according to the institute release.from Jobs-Economic Times https://ift.tt/33IkMcG
Thursday, 17 October 2019
IIFT completes summer placements; average stipend at Rs 2 lakh per month
Summer placements for 2019-21 batch witnessed an average stipend of 2 lakh per month at IIFT. This year the number of companies with an average stipend of over Rs 2,00,000 has increased by 46 per cent," it said in a statement.from Jobs-Economic Times https://ift.tt/31pAmbw
996 culture catching up in India, shows Godrej Interio survey
The number 996 refers to working from 9 am to 9 pm six days a week and is said to be common among China's big technology companies and startups. The study also finds that most Indians acknowledged the failure to find balance.from Jobs-Economic Times https://ift.tt/2OTGC8V
Monday, 14 October 2019
Job market: What’s trending in a slowing economy
Here's how the jobs market has been in major sectors.from Jobs-Economic Times https://ift.tt/32hgk4q
Thursday, 10 October 2019
Festive season hiring continues amid muted job growth
According to Indian Staffing Federation, flexi hiring is expected to witness 10-15 per cent rise over last year's volumes this festive season.from Jobs-Economic Times https://ift.tt/2p2TyhX
Wednesday, 9 October 2019
AI hiring tools can be Just as biased as humans
Employers are increasingly turning to artificial intelligence-driven tools to carry out recruitment and hiring.from Jobs-Economic Times https://ift.tt/35p7YcP
Direct selling companies see a spurt in jobs in tough market
The total number of direct sellers employed by these firms rose to 5.7 million in 2018-19 from 5.1 million in 2016-17.from Jobs-Economic Times https://ift.tt/35modrl
Tuesday, 8 October 2019
MG Motor India rolls out initiative to support women resuming work after career break
The returneeship programme invites women aiming to resume their careers with a minimum work experience of two years.from Jobs-Economic Times https://ift.tt/2LWBHSN
Monday, 7 October 2019
Ecommerce companies are the coolest place for summer internships
Cos like Amazon, Flipkart, Udaan make up for dips in offers from BFSI, automobile and telecom sectors.from Jobs-Economic Times https://ift.tt/2OsuV99
Employees' financial well-being need of the hour for new-age companies
Corporates focus on finances as an integral part of their staff’s holistic health.from Jobs-Economic Times https://ift.tt/31T2u84
Instagram, Twitter are turning into new hiring destinations for Indian companies
Over 70% of global Instagram are less than 35 years of age, and recruiters are keen to target this audience.from Jobs-Economic Times https://ift.tt/33fwhIf
Artificial intelligence, machine learning spawn new jobs in eCommerce
Currently, new technological solutions, powered by AI, are disrupting how retail companies do business, in ways that are innovative and beneficial to their customers.from Jobs-Economic Times https://ift.tt/31VIku6
Sunday, 6 October 2019
HP India may cut 500 jobs, say analysts
The company last week said it would let go 7,000-9,000 employees globally by 2022 as part of a restructuring of operations intended to cut costs.from Jobs-Economic Times https://ift.tt/2oVC8nu
Saturday, 5 October 2019
RBI study: Over 50% of Indians feel job scene is getting worse
The perceptions about the overall economic situation also seem to be influencing people’s spending choices, with the proportions of those reporting that their spending on non-essential items had gone down or had remained the same being the highest since Sep 2015.from Jobs-Economic Times https://ift.tt/320LNrD
Thursday, 3 October 2019
What gloom? It is raining jobs on Tamil Nadu engineering college campuses
IT majors TCS, Wipro, Cognizant and Infosys increased campus hiring by 20% so far.from Jobs-Economic Times https://ift.tt/30LErqr
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