Friday, 31 January 2020
Single test for non-gazetted govt jobs
The government has decided to set up a single test for recruitment to non gazzetted posts.from Jobs-Economic Times https://ift.tt/2RQ47B3
Government moves to provide internships to fresh engineers to help with employability
India produces millions of engineers a year, only few of whom find jobs due to inadequate skills.from Jobs-Economic Times https://ift.tt/38WSs95
Economic Survey: How to solve India's jobs crisis, the China way
The survey cites the example of China to underline how India can become a trade super power by way of exports. During the period between 2001-2006, labour-intensive exports helped China generate 70 million jobs for workers with primary education.from Jobs-Economic Times https://ift.tt/36P02Bq
Economic Survey suggests widening scope of Make in India to create 4 crore jobs by 2025
This can be done by integrating “assemble in India for the world” into Make in India.from Jobs-Economic Times https://ift.tt/31cd2zR
Thursday, 30 January 2020
MNC Esops to Indian staff face tax scrutiny
Many multinationals give Esops to their Indian employees and then cross charge the cost to their Indian arm. The department is questioning the valuation of Esops for the purposes of domestic and international taxation, said the persons cited above.from Jobs-Economic Times https://ift.tt/2GG0NBS
ET Online poll: Great job! The factor that'll make India give it up for FM on Budget day
The worsening employment scene is likely to hit Indian economy in a number of ways.from Jobs-Economic Times https://ift.tt/2uJoAyb
Cyber security professionals in big demand: Over 67,000 job openings, says estimate
The quantum of digital and cyber data assets that the growth in internet penetration throws into the cloud and hardware infrastructure, has led to multiplying of the need for monitoring and securing this data thus leading to the increase in demand for cyber security experts. The thrust to Cyber Security is also due to eGovernance and centralization.from Jobs-Economic Times https://ift.tt/2Ub7Bzw
Cyber security professionals in big demand: Over 67,000 job openings, says estimate
Some of the high stake cyber security openings and marquee positions are with companies such as Deloitte, KPMG, EY, PwC, Shell, Amazon, Wells Fargo, Paytm, Walmart, CISCO, Accenture, Capgemini, Ericsson, Yokohama, Palladian Networks, Adobe, Infosys, among others, the Xpheno study suggested.from Jobs-Economic Times https://ift.tt/3aSASVy
Monday, 27 January 2020
IIM Kozhikode completes 2018-20 batch placements, mean salary rises 12%
Around 131 recruiters, representing a 22.4% increase compared to the number last year, made offers to 413 of the 418 students who participated in the placements. Five students opted out of the process.from Jobs-Economic Times https://ift.tt/3aN71xQ
Oyo gives B-schools a miss amid company rejig
The SoftBank-backed hospitality chain, which is under pressure to rein in costs and streamline operations, has/will be giving most Bschools, including IIM Bangalore, IIM Calcutta, IIM Kozhikode and SPJIMR where it was a recruiter last year, a miss during final placements, the institutes told.from Jobs-Economic Times https://ift.tt/2U1qpkM
Work-life balance key to employee work performance in India, shows survey
The India@Work report, which surveyed 585 Gen-Y professionals from varied sectors and senior levels across India, showed that 90% employees feel a flexible work environment is important.from Jobs-Economic Times https://ift.tt/37wxy0k
Friday, 24 January 2020
Jobs are back in formal economy
Cumulatively, 2,642,549 employees were added in November under the three social security schemes of the govt as per the payroll data released by the ministry of statistics and programme implementation. While 1,162,863 net additions were in EPFO, 1433,000 people were added under the Employees’ State Insurance Scheme and 46,686 were added under the National Pension Scheme.from Jobs-Economic Times https://ift.tt/37q3zHk
Payroll data: Over 23 lakh formal jobs created in November
The government has been publishing the data on employment created in the formal sector using information on the number of subscribers who have subscribed under three major schemes, namely the Employees’ Provident Fund (EPF) Scheme, the Employees’ State Insurance (ESI) Scheme and the National Pension Scheme (NPS).from Jobs-Economic Times https://ift.tt/2tCM4Fd
Thursday, 23 January 2020
People analytics is future of HR in India, shows LinkedIn report
This year’s Global Talent Trends report focuses on how empathy is reshaping the way employers hire and retain talent, with companies working harder than ever to understand their employees more deeply, and better serve them. The four key trends of this year include employee experience, people analytics, internal recruiting and multi-generational workforce.from Jobs-Economic Times https://ift.tt/2GeSsVH
69% of routine work currently done by managers will be completely automated by 2024: Gartner
"Currently, managers often need to spend time filling in forms, updating information and approving workflows. By using AI to automate these tasks, they can spend less time managing transactions and can invest more time on learning, performance management and goal setting," Helen Poitevin, research vice- president at Gartner, said.from Jobs-Economic Times https://ift.tt/37n2i3J
Wednesday, 22 January 2020
HCL Tech to double fresher hiring
“Beginning this fiscal, we have also increased the compensation by 15-20% for all those we take in at the management and technical cadre,” said chief human resources officer Apparao V V. The bulk of the hires will get annual salaries of Rs 3.6-3.8 lakh.from Jobs-Economic Times https://ift.tt/30M2zdU
Cabinet clears decks for more seafarer jobs
Indian seafarers will be eligible to be placed on ships under the flag of another country for employment, thus leading to increased employment opportunities, the government said. “The bilateral MoU would, therefore, make the seafarers of both countries eligible for employment on ships of either party, based on the certificates so recognised,” an official statement said.from Jobs-Economic Times https://ift.tt/2RGBipp
Tuesday, 21 January 2020
Letting top talent in is key for US to retain innovation edge: Sanjay Mehrotra, CEO, Micron Technology
“I am a great example of, you know, an immigrant. Of course, I have created several jobs here in the US and I look forward to policies and opportunities to continue to make America that magnet of bringing top talent,” Mehrotra said.from Jobs-Economic Times https://ift.tt/2Rgvxji
Monday, 20 January 2020
Nearly half billion people lack decent jobs: UN
More than 470 million people worldwide are currently unemployed or underemployed, the UN said. But while the rate which stood at 5.4 percent last year is not expected to change much, overall jobless numbers are likely to inch up as slowing economies reduce the number of jobs available to a growing population.from Jobs-Economic Times https://ift.tt/3aqmDad
Average salary offer at MDI Gurgaon rises 9.5 per cent to Rs 22.05 lakh
Amazon offered the top salary package of Rs 40.50 lakh per annum, slightly less than last year’s highest salary offer of Rs 40.79 lakh made by Google. This year’s median cost to company (CTC), however, rose nearly 11% to Rs 22 lakh from Rs 19.82 lakh last year, said Kanwal Kapil, dean of placements at MDI, Gurgaon.from Jobs-Economic Times https://ift.tt/30KWLS3
Sunday, 19 January 2020
97,000 posts in analytics and data vacant in 2019, claims report
In 2019, close to 97,000 positions related to analytics and data were vacant due to a dearth of qualified talent.from Jobs-Economic Times https://ift.tt/2R79k6U
Friday, 17 January 2020
Global talent crunch hits record high, 54% companies globally face talent shortage
According to the research, 54 per cent of companies reported skill shortages with businesses in 36 out of 44 countries finding it more difficult to attract skilled talent than in 2018. Employers in the US (69 per cent), Mexico (52 per cent), Italy (47 per cent) and Spain (41 per cent) reported the most acute shortages.from Jobs-Economic Times https://ift.tt/2R3RWjF
Wednesday, 15 January 2020
CGI to hire 15,000 over the next 5 years
Eyeing acquisitions, new hires to counteract looming slowdown in US , UK, says chief Serge Godin. CGI mainly delivers services to the India offices of global clients. It earns half of its revenue from managed IT services or outsourcing. The firm which has made 110 acquisitions in the past four decades, may look at acquisitions in India too.from Jobs-Economic Times https://ift.tt/36TBR5s
Talk like an American: Business of accent training
A sharp uptick in business dealings with American clients is driving growth in the business of accent training. The demand for US accenttrained corporate employees has been high since 2017, says Salman Ansari, CEO of Talent Resourze, a company that provides accent training. Demand has been growing at 15% for the last two years, according to Ansari.from Jobs-Economic Times https://ift.tt/2tpDGbV
Xiaomi generates employment for over 50,000 people in India
This has been built over the last five years since 2014 and comprising of partners from manufacturing, after sales, offline sales, logistics and corporate employees.from Jobs-Economic Times https://ift.tt/3a7Jbg1
Tuesday, 14 January 2020
Rural development ministry opens application for director general of NIRD&PR
Rural development ministry has invited applications for the post of director general of the National Institute of Rural Development and Panchayati Raj (NIRD&PR) to be done directly or through deputation for w term of five years from the date of assuming charge or until the age of 60 years, whichever is earlier.from Jobs-Economic Times https://ift.tt/2R8XRm4
Silicon Valley Bank looks to hire over 200 employees for Bengaluru office
The organisation has started hiring engineers, systems architects and data analysts to work on projects and initiatives including product design, development and support for core functional areas of SVB’s business.from Jobs-Economic Times https://ift.tt/2Tj6E7T
Number of internship positions crossed 1 million mark in 2019: Report
The platform’s annual intern hiring trends report for 2020 shows that this number crossed the 1 million mark in 2019 - a key indicator of the growing opportunities for Indian students to gain practical exposure and build their skill-set via internships.from Jobs-Economic Times https://ift.tt/3826Ign
Monday, 13 January 2020
How to manage the 'internal customer': India Inc has a serious battle looming
How well do organisations in India truly understand their workforce? And as a corollary, how genuinely invested are they in employee engagement and well-being? The questions at this present juncture may sound regrettably rhetorical — but they are the ones HR leaders in companies across India need to be asking themselves urgently.from Jobs-Economic Times https://ift.tt/36Vg9hm
Slowdown may hurt job creation: SBI
The estimated 17.6% decline in fresh jobs is based on an analysis of data from the Employees’ Provident Fund Organisation (EPFO). Apart from a slowdown in new jobs, the report also said that the pace of formalisation has declined.from Jobs-Economic Times https://ift.tt/2TngpCa
Fewer new jobs in FY'20: Report
While the EPFO data suggests that annualised new enrolments could be 106.2 lakh crore for FY’20, the SBI research team calculations show that actual annualised net new payroll could be 73.9 lakhs, about 21 per cent or 15.8 lakh lower than actual net new pay roll generated in FY’18.from Jobs-Economic Times https://ift.tt/2RalECg
STEM jobs in India increase 44% in 2016-2019, shows data
Delhi is leading the way for STEM jobs with 31% of overall postings among metros, followed by Mumbai (21%), Bengaluru (14%), Pune (12%), Hyderabad (12%) & Chennai (10%). The West has beaten the rest of the country to the top spot, with 34% of all postings from this region. The North-South of India come in at a close second with 31% of postings.from Jobs-Economic Times https://ift.tt/2tQH7Z8
Sunday, 12 January 2020
State Bank warns India creating fewer jobs for biggest workforce
There’s also evidence that people who migrate within the country for employment are sending less money home to some of the poorest states, Soumya Kanti Ghosh, chief economic adviser for the nation’s biggest bank, wrote in a report on Monday.from Jobs-Economic Times https://ift.tt/2Thpnkf
Walmart India lets go of top executives across divisions
Walmart announced the layoffs of more than 100 senior executives including vice presidents across sourcing, agri-business and the fast-moving consumer goods (FMCG) divisions at a townhall on Friday. It also plans to shut the Mumbai fulfilment centre, its largest warehouse, and halt new-store expansion in India.from Jobs-Economic Times https://ift.tt/35Jp3x7
STEM-related job postings rise 44% in 3 years: Report
According to data from job site Indeed, STEM-related job roles in India are among the most promising for job seekers, as these job openings have seen consistent growth in the past three years.from Jobs-Economic Times https://ift.tt/2FE8Xuh
BharatPe to hire 75 product managers, engineers this year
"BharatPe is coming up with a state-of-the-art tech-hub in Delhi to house its expanded product and technology team. The company plans to hire over 75 engineers and project managers this year and thereby expand its tech team," a statement said.from Jobs-Economic Times https://ift.tt/39ZVUkF
Friday, 10 January 2020
Hiring activity rises 10% YoY in December 2019: Naukri JobSpeak
The major contributors to this growth were industries like BPO (27%) Pharma (18%) and IT – Software (18%). Demand for job roles in ITES/ BPO (31%) and Accounts (16%) also led to this overall uptick in hiring. Amongst cities, Hyderabad (27%), Pune (14%) and Delhi (11%) led the way in terms of growth in hiring.from Jobs-Economic Times https://ift.tt/2TaSANO
Thursday, 9 January 2020
Slump to hit increments but hot skills to command a premium
“The skill differentiation and the performance differentiation will be almost equal in terms of increments paid out,” said Anandorup Ghose, a partner at Deloitte. “There may be someone with a particular kind of machine learning skill who hasn’t had a great output this year.from Jobs-Economic Times https://ift.tt/2T8pe2w
Tuesday, 7 January 2020
Indian insurance firms build own tech teams as focus turns to data
The insurers have stepped up hiring from premier institutes, including the Indian Institutes of Technology and Indian Statistical Institute. Some are also expected to increase the number of freshers hired to more than a couple of hundred.from Jobs-Economic Times https://ift.tt/2ut0uaV
Monday, 6 January 2020
Recruitment up at fund-rich logistics firms looking to expand turf
Recruitment companies such as Quess and PeopleStrong said there would be a 20-25% uptick in jobs in sorting and packing centres and in middle and last-mile delivery. Other in-demand work profiles would include fleet and warehouse managers, loading supervisors, and seafarers.from Jobs-Economic Times https://ift.tt/2QW4urS
Radio Mirchi turns Santa in advance to fulfill job dreams
In November a unique initiative saw Radio Mirchi, India’s largest private FM radio broadcaster, join hands with leading jobs portal, TimesJobs to give the r...from Jobs-Economic Times https://ift.tt/39KLcys
National Financial Reporting Authority to hire legal, finance experts
The independent watchdog for auditing profession has sought applications for 10 posts of consultants and senior consultants on one-year contract basis. These people would assist the NFRA in data analysis and identification of audit reports to be taken up for review, preparation of draft charge sheets, among other works, according to a public notice.from Jobs-Economic Times https://ift.tt/2rYtmqF
Saturday, 4 January 2020
How the online shopping boom has created a new sector of employment
Customers turning to their apps for everything from shopping, food delivery to service providers has meant shifting dynamics in jobs at the bottom of the urban pyramid.from Jobs-Economic Times https://ift.tt/2rVOIVF
Thursday, 2 January 2020
What will technology jobs look like a decade from now?
Individuals will need to upskill to ensure career longevity even as automation takes over certain jobs. Careers in vogue right now may not even exist a decade later. Blockchain, cryptocurrency, robotics and autonomous vehicles —all emerging technologies — will become mainstream over the next decade, requiring thousands of specialists.from Jobs-Economic Times https://ift.tt/2FsldxX
Wednesday, 1 January 2020
Private companies to generate 7 lakh jobs in 2020: Survey
"Around 7 lakh new jobs are expected to be created in new calendar year 2020. Major contributors will be start-ups which are expected to create more jobs in every sector," MyHiringClub.com & Sarkari-Naukri.info CEO Rajesh Kumar said. The survey covered 4,278 companies across 12 industry sectors in 42 major cities.from Jobs-Economic Times https://ift.tt/2u46CWM
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