Sunday, 10 May 2020
Coronavirus crisis: Workers refusing to rejoin factories may face action
Labour department officials in states such as Gujarat, Madhya Pradesh, Karnataka and Uttar Pradesh told ET that issuing such an advisory to factories in their states is being considered at the top levels to bring workers back.from Jobs-Economic Times https://bit.ly/2LjZVFo
Laid off workers get priority on online job portals
Naukri’s Step-Up initiative, launched around two weeks back, tracks companies and industries that are currently hiring along with active jobs to apply to in addition to driving personalised hiring drives.from Jobs-Economic Times https://bit.ly/2Lj8W1I
View: Many things about jobs could change in the post-lockdown era
During this entire time of working from home, their lives have been shaken up in one way or another. Professionals would have figured out what they would like to keep or change in their careers and will be making some choices by looking at things differently. We foresee a big wave of professionals wanting to change their lives and jobs.from Jobs-Economic Times https://bit.ly/2WjQMTO
Friday, 8 May 2020
In times of Covid, diamond jobs are not forever
After the lockdown was imposed, imports of rough stones dried up, and nearly 70% of workers left for their hometowns in Bihar, Uttar Pradesh, Odisha and interiors of Gujarat.from Jobs-Economic Times https://bit.ly/2WDtzuK
Wednesday, 6 May 2020
Amid vast unemployment, India's biggest job creator short of labour
The challenge of retaining staff despite 12.2 crore people losing their jobs in India last month shows how difficult it will be for Modi to restart Asia’s No. 3 economy, where the bulk of the workforce comprises so-called informal labour that are denied security and benefits. Economists predict a rare contraction in national output.from Jobs-Economic Times https://bit.ly/2W9Ogz6
Nine in 10 employees stressed about returning to office post lockdown: Survey
As India Inc prepares for offices to open post the lockdown, the survey assesses the anxiety level of employees and shows a strong desire to do what’s right by their co-workers by complying to new health monitoring compliances, along with a high degree of awareness of changes in routine that await them.from Jobs-Economic Times https://bit.ly/2SGiA2o
Most employers keen to retain existing workforce amid COVID-19 crisis, says survey
According to staffing company Genius Consultants '9th Hiring, Attrition and Compensation Trend 2020-21', around 81 per cent of the respondents have shown interest to carry on with existing manpower and retaining them.from Jobs-Economic Times https://bit.ly/2L36Jae
Hiring activity sees decline of 62% in April 2020 compared to April 2019: Naukri JobSpeak
The decline in hiring is led by industries like hotel/restaurant/travel/airlines (-91%), auto/ancillary (-82%), retail (-77%) and accounting/finance (-70%). The job market across cities registered a double-digit dip in hiring. The decline was led by metros wherein Delhi declined by 70% followed by Chennai (-62%), Kolkata (-60%) and Mumbai (-60%).from Jobs-Economic Times https://bit.ly/2WtRmgB
Tuesday, 5 May 2020
CSS Corp rolls out pay hikes, to hire 1000 people this quarter
The company is planning to hire 1000 employees by the end of June across markets. Companies such as Infosys, Wipro, TCS, WNS and others have delayed pay hikes and put promotions on hold as they see uncertainty over business growth in the wake of the coronavirus outbreak across key markets. CSS Corp has also paid 100% of variable salary to the majority of its employees.from Jobs-Economic Times https://bit.ly/2SE61Vh
86% fear job losses as coronavirus scare mounts: Survey
Worries about job losses are the highest in the country as 86 per cent being worried about losing their jobs and livelihood post-COVID-19 lockdowns. In comparison, this is only 31 per cent in Britain, 33 per cent in Australia and 41 per cent in the US and a high 71 per cent Hongkongers fear job loses, says the survey.from Jobs-Economic Times https://bit.ly/2L3mHBi
One in three Indian professionals now have decreased income: LinkedIn survey
IT, media, and manufacturing employees think their firms will do worse in the next 6 months. However, they’re confident about long-term growth - 77% of manufacturing professionals, 67% of media professionals, and 65% of IT professionals thought their companies would pick up in the next 2 years.from Jobs-Economic Times https://bit.ly/2zdZiuc
Talent demand for remote jobs will continue to rise post lockdown: TimesJobs survey
The survey titled ‘Covid-19 and its impact on jobs at India Inc’ aims to understand the impact of the lockdown on the country’s employment scenario. It received 1,345 responses from HR professionals working in different sectors.from Jobs-Economic Times https://bit.ly/35wWpRv
India’s jobless rate jumps to 27.1%, survey says
The data could get worse, which “should be expected as the lockdown continues to get prolonged,” CMIE chief said. “Initially, a lockdown only hurts the most vulnerable labor that is informally employed in unorganized sectors. Gradually, it starts hitting the more secure jobs. Startups have announced lay-offs and industry associations have warned of job losses.”from Jobs-Economic Times https://bit.ly/2xzypR2
Monday, 4 May 2020
Five in 10 organisations across industries keeping their salary increment budgets unchanged: Survey
According to the survey, five in 10 companies have deferred or suspended their promotion schedule; at the same time a downward trend on promotions numbers across all job levels was observed wherein 33% of organisations admitted to having reduced it. However, most organisations in IT/ITES, life sciences/pharma and retail sector have refrained from any downwards trend in overall promotion cycle.from Jobs-Economic Times https://bit.ly/2L17h0g
Eight in 10 Indian companies not currently considering permanent staff layoffs or redundancies: Korn Ferry survey
Given the government’s extensive requests on avoiding laying off employees, the majority of companies have not implemented or are not currently considering permanent staff layoff/redundancies (84%) or temporary layoff/furlough (83% without government subsidy support and 91% leveraging government subsidy).from Jobs-Economic Times https://bit.ly/2WskbtT
Sunday, 3 May 2020
Rising distress, mounting job losses
About Rs 10 lakh crore worth of output is gone for good while job losses are estimated to have crossed 140 million.from Jobs-Economic Times https://bit.ly/3fdEbZz
No hiring freeze: Companies hunting top talent despite salary, job cuts
More than 200 director-level and above posts were available over the past week, according to Xpheno, a staffing firm that compiles data from job portals, LinkedIn and company sites.from Jobs-Economic Times https://bit.ly/2WjhavI
India plans a more employer-friendly apprenticeship to cater to MNCs
The skill development and entrepreneurship ministry has received multiple queries from firms abroad on apprenticeship norms in India as they scout for new destinations under their ‘one plus one strategy’ of having at least one manufacturing facility outside China.from Jobs-Economic Times https://bit.ly/2VXF6FQ
Friday, 1 May 2020
Work-from-home job offers for women rise amid COVID-19 crisis
"This is a time when working from home is the new normal. The number of women looking to start or restart their careers has also risen dramatically in recent times," said JobsForHer Founder and CEO Neha Bagaria. The rise has been particularly noted in metro cities including Delh- NCR, Bengaluru , Chennai, Mumbai, Hyderabad and Pune, it added.from Jobs-Economic Times https://bit.ly/2yfKnQ4
Thursday, 30 April 2020
Dialysis services provider NephroPlus to hire 2,000 clinical staff by FY21
The company foresees a huge demand for dialysis technicians in the country and has decided to increase the number of franchisees of its Enpidia Training Academy, NephroPlus said in a statement.from Jobs-Economic Times https://bit.ly/3f2QojL
Wednesday, 29 April 2020
1.6 billion informal workers in danger of losing their jobs: International Labour Organization
Total working hours in the second quarter are expected to be 10.5% lower, equivalent to 305 million full-time jobs, than the last pre-crisis quarter, the ILO said, with the biggest declines forecast for the Americas, Europe and Central Asia.from Jobs-Economic Times https://bit.ly/35eYrFP
Business Correspondents: The neglected COVID warriors
To minimize the difficulties of the poor in nationwide lockdown, the government is giving cash to them through Direct Benefit Transfer (DBT). Around 31 crore beneficiaries have already received the assistance in their bank accounts.from Jobs-Economic Times https://bit.ly/2KGQL5C
Monday, 27 April 2020
Workplaces won’t be sealed if Covid case is found: Officials
The district magistrate will act as per the advice of health experts, said another official. “But there are no instructions to seal the building for three months,” the official added.from Jobs-Economic Times https://bit.ly/3cRvBOg
Virus takes a toll on blue collar staff; no pay for 12 crore
Jobs are also expected to nosedive in the remaining quarters of the year unless demand picks up by the festive season later this year, experts tracking the sector said. Travel, hospitality, tourism, aviation, retail, outdoor entertainment, food and beverages and real estate sectors have been hit the most, staffing agency TeamLease said.from Jobs-Economic Times https://bit.ly/2Sdtv3w
Thursday, 23 April 2020
View: Millennials face second age of underemployment
There are many eulogies floating around for millennials these days. Now sandwiched between two economic calamities, we’ve racked up a lot of debt, saved very little and flooded into informal jobs with few worker protections, such as paid sick leave and retirement benefits.from Jobs-Economic Times https://bit.ly/2Ku6Uvh
Job offers drying up for IITians this placement season
IITs are also reaching out to alumni (most of who are either startup founders or hold senior positions in India Inc) to help students get jobs, including for those whose offers have been revoked. Some are even taking the hiring process online as 30% of students have not been placed yet.from Jobs-Economic Times https://bit.ly/3bzXZUL
Wednesday, 22 April 2020
Outplacement service providers for layoffs, restructuring witnessing 30% rise in queries
Sectors like hospitality, aviation, retail, auto, engineering and manufacturing and BFSI are taking the lead right now in terms of queries, as companies undertake active research on outplacement, while at the same time also enquire about services connected to employee health and well-being.from Jobs-Economic Times https://bit.ly/2wXNdsm
Coronavirus impact: JLR to put about 20k employees in UK on furlough
The Tata Motors spokesperson said the British subsidiary was working towards an orderly return to production as soon as conditions permitted and was tightly managing all costs and investments, as well as working capital.from Jobs-Economic Times https://bit.ly/3aoXY4M
Tuesday, 21 April 2020
India Inc resets workspaces for life after Covid-19 lockdown
Businesses will redefine seating at offices as per social distancing norms, introduce shift-based work, go virtual with meetings, ramp up cleaning protocol with frequent sanitisation and reintroduction of access cards in place of biometrics.from Jobs-Economic Times https://bit.ly/2VQp2V4
Adverse business impact of COVID-19 may drive companies to consider 'workforce optimisation': Survey
The survey titled, COVID-19 India Readiness Survey, noted that 19 per cent expect an adverse impact to last over a two-year period, while only 5 per cent of organisations expect a positive business impact within the next 12 to 24 months.from Jobs-Economic Times https://bit.ly/2Vr7sbx
No impact on placements even under prevailing circumstances: IIT Guwahati
The premier engineering institution said that no offers have been withdrawn.from Jobs-Economic Times https://bit.ly/2VNNaaT
Monday, 20 April 2020
Indian professionals confident about future opportunities; tread cautiously in short-term: Survey
Indian professionals feel confident about long-term employment outlook, but are troubled with overarching concerns in the short-term regarding availability of jobs, company's financial situation, and the impact on income and personal savings, a survey said on Monday.from Jobs-Economic Times https://bit.ly/3etWKs6
Sunday, 19 April 2020
In Covid-19 times, 200,000 reasons for job market cheer
Some of the top employers are Amazon, Google, Tech Mahindra, Walmart Labs, VMWare, IBM, Capgemini, Deloitte, JPMorgan Chase, Flipkart, Byju’s, Grofers and BigBasket, as per data collated for ET by search firm Xpheno.from Jobs-Economic Times https://bit.ly/2xLAQAb
Saturday, 18 April 2020
Amid cos rescinding internship offers, RIL keeps commitment, digitally onboards 84 summer interns
The coronavirus-led recession has dramatically changed job markets globally. Some companies are freezing all hiring while many firms that recruit MBA students are scaling back their hiring plans. Some have cancelled summer internships and a few are beginning to rescind the internship and job offers already made to MBA students.from Jobs-Economic Times https://bit.ly/2VF4AXq
Rupeek ends Aasaanjobs' HR contract
Rupeek, which operates an online marketplace for gold loans, terminated a human resource contract with Aasaanjobs, a recruitment marketplace for blue and grey-collar jobs, allegedly indirectly impacting 600 jobs.from Jobs-Economic Times https://bit.ly/2Vj5x8F
Friday, 17 April 2020
IT's clicking: TCS seeks to be work from home bellwether
TCS’s chief operating officer N Ganapathy Subramaniam said the company believes that it does not “need to have more than 25% of workforce at our facilities in order to make all the 100% productive.” Pointing out that every employee need not be present in the office all time he said, “I think it’s sufficient that they spend 25% of their time in our offices.”from Jobs-Economic Times https://bit.ly/2XJVOtL
Demand for contract workers may increase as companies prepare to ramp up production
Conglomerates such as Tata Steel, KEC International, Larsen & Toubro, Mahindra & Mahindra and Maruti Suzuki, among others, have managed to hold back several batches of factory personnel to rev up production lines once the lockdown eases. However, there are some companies that may need to hire in order to fill in for the migrant workers who have moved back.from Jobs-Economic Times https://bit.ly/2XMol1N
Thursday, 16 April 2020
Can’t sack staff: Companies get lawyers’ notice
Citing the prime minister's appeal to employers not to lay off any employee during the lockdown period, advocate Rajesh Inamdar and T C Shaikh sent legal notices to two Pune-based firms and a Gurgaon-based company for issuing termination letters to nearly 100 employees and also announcing salary cuts for others.from Jobs-Economic Times https://bit.ly/3bhwKyi
Retailers, e-commerce, FMCG to hire migrant workers
Large retail chain, FMCG companies like Amul and Parle Products, e-commerce firms like Flipkart and Grofers, RPG Group and several temp staffing companies like TeamLease and CIEL HR Services have already hired some of the workers or are in the process, company executives said.from Jobs-Economic Times https://bit.ly/2Vf0Dd1
Wednesday, 15 April 2020
6 ft of separation, masks must for work from office
From April 20, offices that are allowed to open will have to ensure every employee wears a face mask, no employee is closer than 6 feet from another, that there are no meetings of 10 people or more, that lunch breaks are staggered so that all employees don’t gather at the same point at the same time, that employees work in shifts and that there is an hour’s gap between shifts. IT/ITES offices have been told to work at 50% staff capacity.from Jobs-Economic Times https://bit.ly/2xxFwcN
Coronavirus impact: Staffing body seeks job security for 33-lakh temporary workers
At least, four companies told ET that they were thinking of reducing their temporary staff by 40-60% this month to rein in costs amid uncertainty due to the Covid-19 pandemic.from Jobs-Economic Times https://bit.ly/2VwHzpl
World economy working from home gets a glimpse of the virtual future
Virus lockdowns have seen millions lose their jobs as waiters, flight attendants, Pilates instructors and other service providers are shuttered. That means sustaining those sectors that can function online has never been more important for a global economy facing one of its darkest periods since the Great Depression.from Jobs-Economic Times https://bit.ly/34DeTPG
Tuesday, 14 April 2020
Talent demand down by 5% in March 2020 as firms grapple with Covid-19 setback: RecruiteX
The year 2020 started on a cheerful note for India Inc with overall talent demand registering 12% m-o-m growth in January. However, as the coronavirus pandemic spread quickly from China to India, most industries started operating remotely and the talent demand in February 2020 noted a dipfrom Jobs-Economic Times https://bit.ly/2Vq6k6Q
Why companies need a role-based model in the Covid-19 paradigm
While companies grapple with survival and customer retention, even as stress and burnout, job insecurity, retrenchment, downsizing, emotional and psychological trauma assume centre-stage, it’s increasingly clear that recovery and turnarounds too, will have to be accelerated, post the immediate crisis.from Jobs-Economic Times https://bit.ly/2Vnw1oq
Monday, 13 April 2020
Many large companies will honour hiring pledge
Among these are technology and IT firms including Google, Cisco, Capgemini, TCS, Accenture, Wipro and Cognizant. And others such as Hindustan Unilever (HUL), Godrej, PepsiCo, Biocon, consultancy firms Boston Consulting Group (BCG), McKinsey, and Bain & Company, and banking biggies Kotak Mahindra, ICICI Bank, Citi and Axis Bankfrom Jobs-Economic Times https://bit.ly/2XxByvj
Sunday, 12 April 2020
Side-effects of lockdown: Anxiety levels up among employees as appraisals get delayed, job loss fears rise
Experts said there is high stress that the current crisis has brought upon employees as well as organisations, and with the lockdown not looking to end soon, the emotional challenges employees are confronting have increased manifold.from Jobs-Economic Times https://bit.ly/3b8FR4o
Saturday, 11 April 2020
Extensive hiring freeze, delayed onboarding imminent: Survey
Three out of five companies looked at both hiring freeze and postponed candidate onboarding as a likelihood while 15% of companies considered potential layoffs in a survey on the impact of Covid-19 and the resultant lockdown, on corporate India hiring.from Jobs-Economic Times https://bit.ly/2XoTiJk
Friday, 10 April 2020
15 million export jobs may succumb to Covid blows
The apparel exports sector estimates 2.5-3 million job losses because of order cancellations and buyers not clearing dues. The apparel sector employs about 12.9 million people and around 70% of apparel units are MSMEs. While the handicraft sector has pegged job losses at 2 million, a representative of the gems and jewellery export sector said that there will be retrenchment even though the estimate is yet to be finalised.from Jobs-Economic Times https://ift.tt/3b3Gqwi
Several recruiters commit to honoring offers to students amid job uncertainty due to coronovirus
Companies like Capgemini, HUL, ITC, Airtel, Aditya Birla group, Vedanta Group, Flipkart, Godrej, L’Oreal, KPMG, Dabur, Capgemini, Whirlpool, Dabur and PayU that ET spoke to said they would honour all job offers handed out across all campuses they visited.from Jobs-Economic Times https://ift.tt/2UWbc4m
Thursday, 9 April 2020
Double whammy: Coronavirus threat, fear of job loss
The toll-free helpline started by the central government to deal with psycho-social problems faced by people in the wake of Covid-19 crisis is getting close to 600 calls daily. People are calling to express their fear of contracting the viral infection and passing them over to families. They want to know how fatal the disease could be and what can they do to prevent it.from Jobs-Economic Times https://ift.tt/3eaOZqT
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Coronavirus crisis: Workers refusing to rejoin factories may face action
Labour department officials in states such as Gujarat, Madhya Pradesh, Karnataka and Uttar Pradesh told ET that issuing such an advisory to ...
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Other companies that visited the campus this placement year include Directi, Codenation, Siemens, MAQ Software, PlaySimple Games, Nucleus So...
