Saturday, 29 February 2020
India Inc gradually shifting to recruiting firms for quality talent: Study
Titled, 'CIELWorks 2020: Latest Trends in Indian Talent Market 2020' the study noted that social media platforms and job sites were still relevant at hiring candidates, however, an increasing number of companies now prefer to go through employment agencies.from Jobs-Economic Times https://ift.tt/2vv7xAB
Friday, 28 February 2020
Coronavirus: Chinese expats may not get back to India jobs
The situation may not drastically improve in the next four to six weeks. The virus may cease to spread but worries associated with the contagion may linger.from Jobs-Economic Times https://ift.tt/3a6Tb8m
Logistics vertical sees maximum job growth in 2019: OLX People survey
The study on India’s blue collar jobs industry takes a closer look at the job situation in the blue collar sector in India and how it is going to shape up in 2020. With over 1.3 million monthly active users and over 426 active clients present across 200+ cities, the conversion ratio of selections made-to-jobs posted was 33.85% in 2018, which rose to a whopping 70% in 2019.from Jobs-Economic Times https://ift.tt/2VwqttE
Thursday, 27 February 2020
Will coronavirus & tepid GDP hurt your appraisal? Here are the trends for this year
The 24th edition of Aon's annual Salary Increase Survey in India shows that while e-commerce and professional service firms are expected to give a 10% hike this year, transport and logistics sector, at 7.6%, ranks the lowest in terms of projected salary hikes for 2020.from Jobs-Economic Times https://ift.tt/385vnAl
Monday, 24 February 2020
Job offers at premier undergrad colleges belie slowdown, average packages zoom
Recruiters flocked premier undergraduate colleges to woo fresh talent, despite a slowdown.from Jobs-Economic Times https://ift.tt/2Vfj29X
Microsoft, SBI join hands to train differently-abled people to find jobs
A company statement said SBI Foundation and Microsoft will develop an artificial intelligence powered market place that will enable the BFSI industry to connect more easily with differently-abled people for upskilling and employment opportunities.from Jobs-Economic Times https://ift.tt/38SpRlG
Sunday, 23 February 2020
Top B-schools rope in new recruiters to give hiring a leg-up
Despite talent from top institutes being in high demand, the schools were taking no chances this year, with increasingly large batch sizes to place.from Jobs-Economic Times https://ift.tt/2SPrfzU
Friday, 21 February 2020
Income tax department to reward officials for good performance
Officers who have unearthed unique modus operandi by tax evaders, helped in tax mop-ups and even those who have implemented the Prime Minister’s Swachh Bharat Abhiyan will be feted. The Central Board of Direct Taxes (CBDT) has decided to award such officials at public ceremonies and use their body of work for future references.from Jobs-Economic Times https://ift.tt/37TXh2h
How finding jobs becomes difficult for acid attack survivors
While companies like Shoppers Stop, mall brand Select Citywalk and Italian automotive parts maker Magneti Marelli have supported the cause as part of their CSR, a lot still needs to be done to employ survivors.from Jobs-Economic Times https://ift.tt/2vWXnsg
Thursday, 20 February 2020
Placements for the class of 2020: Non-bluechip B-schools beat slowdown blues
Business schools other than the top six IIMs (Ahmedabad, Bangalore, Calcutta, Kozhikode, Lucknow and Indore) have seen a jump in average salaries and number of recruiters for the class of 2020. The top six do well pretty much every year. It’s campuses just below them that have sprung a surprise.from Jobs-Economic Times https://ift.tt/2vUschf
Wednesday, 19 February 2020
Going for the skill? Learn the TCS, Infosys way
Currently, skilling platforms of Infosys TCS train over 700,000 employees, as they look to reskill their workforce.from Jobs-Economic Times https://ift.tt/2SFxKp1
Tuesday, 18 February 2020
Govt data shows fall in job creation by schemes
According to details provided by minister for labour and employment Santosh Kumar Gangwar, the number of jobs generated under PMEGP plummeted from about 5.9 lakh in 2018-19 to about 2.6 lakh in 2019-20 (until December 31, 2019). The fall is less sharp compared to 2017-18 when the number of persons benefited was 3.9 lakh.from Jobs-Economic Times https://ift.tt/2woJ7sB
E-commerce, professional service firms projected to offer biggest pay hikes in 2020: Survey
While e-commerce and professional services firms are expected to give a 10 per cent each in terms of pay hike in 2020, the transport and logistics sector ranks the lowest in salary hike for 2020 at 7.6 per cent. Aon plc, a leading global professional services firm, today, released the 24th edition of its annual Salary Increase Survey in India.from Jobs-Economic Times https://ift.tt/2vGsdFB
Monday, 17 February 2020
Learn math, it’s at the core of today’s tech
Last year, IISc introduced an MTech programme in AI. It received 1,600-plus applications for just 40 seats — a measure of the way the wind is blowing. “A large number of students are interested in a Master’s in computer science,” says Narahari.from Jobs-Economic Times https://ift.tt/328acfI
Highest salary at FMS Delhi touches Rs 58.6 lakh per annum this year
The average package increased by 11% over the last year and the median package stood at Rs 23.4 LPA. There has been a 36% increase in the number of PPOs and a 42% increase in the number of consulting offers being made as compared to last year. For the first time, 75% of the offers were above Rs 20 LPA with average CTC of top quartile at Rs 37.3 LPA.from Jobs-Economic Times https://ift.tt/2vElOuI
Sunday, 16 February 2020
Hiring companies face heat as coronavirus hits mobility
The coronavirus epidemic has begun to impact hiring as travel restrictions slow down or halt the process of interviews. With industries such as hospitality, pharma and consumer electronics taking a hit, hiring is expected to suffer the collateral damage.from Jobs-Economic Times https://ift.tt/39DJ36B
McKinsey, BCG, TCS make highest offers at IIM Ahmedabad
McKinsey made the most offers (including Pre-Placement Offers) at the end of the final placement process with 27 offers, followed by BCG with 23 offers. This year, 153 firms participated with 182 different roles in the placement process in 2020. Firms from multiple domains participated across the three clusters in final placements.from Jobs-Economic Times https://ift.tt/2P0DSWD
Sony India feels the heat from Chinese cos, cuts over 120 jobs
Sony India has axed about a seventh of its local workforce, totalling more than 120 jobs across functions, as the Japanese electronics major struggles to sell its pricier television sets in a market where cheaper Chinese alternatives are increasingly dominating retail shelves amid an overall slowdown in TV sales.from Jobs-Economic Times https://ift.tt/37A5zfe
Friday, 14 February 2020
IIM Bangalore students bag 147 offers from consulting firms
Among the consulting companies were Accenture (26 offers), followed by The Boston Consulting Group (23 offers). Other top recruiters included Bain & Company (20), Kearney (15), McKinsey & Co (14), GEP Consulting (7), Strategy& (5), Alvarez & Marsal (5) and EY-Parthenon (1). In addition, there were 27 offers in the technology consulting domain with PricewaterhouseCoopers making the maximum of 12 offers.from Jobs-Economic Times https://ift.tt/39ydGdH
Indian IT salary in US higher than average pay
One data point indicates that Indian IT firms are estimated to have paid an average compensation of $96,300 to its US employees in 2018, higher than the average wage of $94,800 that IT professionals get in the US. This is data from US research firm IHS Markit Research.from Jobs-Economic Times https://ift.tt/2SLxkfw
Thursday, 13 February 2020
IIMA Cluster 3 placement: DaytoDayHealth, HCL, Edfora and FIITJEE top recruiters
The third cluster placement was conducted on February 13, which comprised of 12 cohorts. These cohorts included BFSI, Consumer Tech, Core Manufacturing & Infrastructure, Education & Tech, Enterprise Tech, Food & Dairy, government enterprises, IT Consulting, Pharma & Healthcare, Renewable Energy & Green Tech, Social Enterprises & NGO, and Textiles.from Jobs-Economic Times https://ift.tt/2tXiD0H
BNY Mellon looks to add up to 10% to 13,000-strong employee base in India
The announcement comes at a time when some of the back offices in India promoted by global financial majors are facing difficulties with headlines like job cuts dominating largely due to the woes of the parents. The bank's employees are spread across two centres in Pune and Chennai, and handle both operations as well as technological functions.from Jobs-Economic Times https://ift.tt/2SloQNb
Sack, furlough or reskill? India Inc’s talent dilemma
Among HR circles, furloughing is increasingly being proposed as the alternative, ‘softer’ approach. The idea is simple. Companies will work out the seasonality of demand for workload, and by corollary, the number of employees that need to be actively engaged at various points in a given year. Accordingly, it prepares a roster, for a chunk of the employees, who are then sent on furlough, in this case – leave without pay, for a period of weeks, if not months, to cover the lean period for the company.from Jobs-Economic Times https://ift.tt/3bCd8VU
Wednesday, 12 February 2020
IIFT concludes 2020 recruitment drive
HDFC Bank and Federal Bank were among the first-time recruiters in the BFSI sector. Other marquee recruiters such as Goldman Sachs, JP Morgan & Chase, D.E. Shaw, Yes Bank, Citibank, HSBC Global Banking and Markets, EPIKInDifi, L&T, among others visited this year as usual.from Jobs-Economic Times https://ift.tt/39wLQyE
Average salary at record Rs 28 lakh in IIM Calcutta final placements
439 students bagged 492 offers from 136 firms participating in the placements process. The Consulting sector was the largest recruiter with 31% offers. Marquee Finance and Private Equity-Venture Capital (PE-VC) firms made 83 offers (17%). 22% of overall offers were rolled out in Product Management, IT/Analytics and Operations domains.from Jobs-Economic Times https://ift.tt/2OMxFgJ
Monday, 10 February 2020
ThoughtWorks rolls out gender affirmation policy
The new policy enables transgender employees to go through their transition process as a means to express themselves and feel comfortable in their own skin, according to the US-based firm.from Jobs-Economic Times https://ift.tt/2OHOR7l
Hiring activity increases by 6% in January 2020 as compared to January 2019: Naukri JobSpeak
The major contributors to growth in hiring were industries like Accounting & Finance (37%), Education/Teaching (23%), Insurance (19%) and BPO/ITES (18%) . Demand for job roles in Teaching & Education (20%), BPO/ITES (17%), Accounting (14%) and Sales/Business Development (10%) also led to the overall uptick in hiring.from Jobs-Economic Times https://ift.tt/2Sg5VmM
IMI Kolkata completes summer placements for PGDM 2019-21 with highest monthly stipend of Rs 1 lakh
The institute received 180 offers from over 39 recruiters including JSW, Amazon, Max Life Insurance, Allied Blenders and Distillers and Reserve Bank of India. IMI Kolkata witnessed participation from 23 first-time recruiters. The average monthly stipend for the top 10 percentile students was Rs 47,778 and top 25 percentile students was Rs 30,511.from Jobs-Economic Times https://ift.tt/3bsrubF
How to build connections and overcome boundaries as a woman technologist
from Jobs-Economic Times https://ift.tt/2vgZyH8
Sunday, 9 February 2020
Sales executives quit companies to log onto gig economy
Other than the growing opportunities in sales within the traditional sectors, multiple avenues have opened up in the new-age economy as well. In an internal survey of Axis Bank, it was found that 45% of employees who had quit the sales function a year ago were not engaged in any major job and were instead doing multiple gigs.from Jobs-Economic Times https://ift.tt/39oG5mi
Friday, 7 February 2020
IIMA concludes Cluster 1 placement: McKinsey & BCG- top recruiters
Other recruiters included Accenture Strategy, Kearney, Avendus, Bain & Co., Citi, Credit Suisse, Goldman Sachs, HSBC, JP Morgan, KPMG, Monitor Deloitte, Matrix Partners, Multiples, Nomura,Oliver Wyman, among others, according to the information shared by the institute.from Jobs-Economic Times https://ift.tt/3740Li4
Top talent leaving Flipkart in search of greener pastures
Growth opportunities in new startups, fund crunch prompting top executives to exit ecomm.from Jobs-Economic Times https://ift.tt/2UxPKD6
Thursday, 6 February 2020
Layoffs in industry, but crowd of startups hiring at B-schools growing
The Indian Institute of Management (IIM), Kozhikode; Management Development Institute (MDI), Gurgaon and Bharatiya Vidya Bhavan’s SPJIMR said the sector recorded the biggest on-year jump in the number of offers during final placements for the Class of 2020.from Jobs-Economic Times https://ift.tt/2OyZ7P7
Wednesday, 5 February 2020
Cognizant's Vice Chairman Francisco D'Souza steps down from the board; Vinita Bali joins
Cognizant warned of job cuts in October to invest in growth areas such as cloud and internet of things and cushion the impact from a decline in spending by its financial customers, which the company expected to continue through the second half of 2019.from Jobs-Economic Times https://ift.tt/39fwYEL
Unemployment rate at 6.1 pc in 2017-18, govt cites new survey in Rajya Sabha
Minister of State for Labour Santosh Gangwar said the government is conducting a new Periodic Labour Force Survey with new parameters and bigger sample size, and its results cannot be compared with previous surveys in this regard. He asserted that it was an attempt to provide authentic data with the new survey conducted through the Ministry of Statistics.from Jobs-Economic Times https://ift.tt/2vT3HkL
XLRI students get an average salary of Rs 24.30 lpa
"We are happy to announce that this year’s placement season has once again witnessed remarkable success in spite of the longish economic slowdown. Interest in XLRI’s students has been tremendous, with top companies coming for recruitment," said Fr. J Christie, Director, XLRI - Xavier School of Management.from Jobs-Economic Times https://ift.tt/393E9zA
Tuesday, 4 February 2020
Quess who’s India’s largest private employer?
Going by Quess Corp's latest quarterly filing, the Bengaluru-based company now has the largest roster of employees and associates — 3.85 lakh — in the private sector in India. Quess provides staffing solutions and its employees function as outsourced service providers for its over 2,000 clients, including Samsung, Amazon etc. Quess has also shot past TCS.from Jobs-Economic Times https://ift.tt/2GXaGvi
Monday, 3 February 2020
Recruiters indicate positive hiring outlook for H1 2020: Survey
Around 55 per cent recruiters anticipate new jobs as well as replacement hiring to happen in the first half of the year while 26 per cent predict only new jobs and 13 per cent expect to do replacement hiring only, the survey noted. Of those surveyed, 3 per cent indicated a scenario of "no hiring" at all while only 1 per cent of the total recruiters anticipated layoffs.from Jobs-Economic Times https://ift.tt/2tr8k4C
Average increment rate pegged at 9.2% in 2020: Korn Ferry
Increment rates have been slowing down over the last decade or so, said Chaudhary, showing the impact of business performance on payouts as well as the growing consciousness of organisations around P&L margins and budgets.from Jobs-Economic Times https://ift.tt/36ZE7ap
India is next playground for game development, jobs
Currently, close to 23,000 gaming-based job openings are available, with salary packages ranging from Rs 3 lakh to a little over Rs 40 lakh, according to specialist staffing firm Xpheno. UBISOFT, 99Games, GSN, Moonfrog Labs, EA, Nazara Technologies, Octro and Dream 11 are some of the big names that are hiring.from Jobs-Economic Times https://ift.tt/31kPSav
Sunday, 2 February 2020
Engineers as interns is an idea that needs some doing: Experts
Since data shows as much as 60% of the more than 8 lakh who graduate from the country’s engineering colleges every year remain unemployed, some have expressed doubt over state’s expertise in implementing internship programmes.from Jobs-Economic Times https://ift.tt/31ijK7r
Saturday, 1 February 2020
'Single online test for non-gazetted posts; scores to be valid for 3 years'
Finance Minister Nirmala Sitharaman said a National Recruitment Agency (NRA) was proposed for conduct of a computer-based CET for recruitment to non-gazetted posts. A test centre in every district, particularly in the aspirational districts, would be set up.from Jobs-Economic Times https://ift.tt/37RQcjj
Govt departments to create over 2.6 lakh jobs between 2019 and 2021: Budget estimate
The strength of government establishments was 32,62,908 as on March 1, 2019, which will increase to 35,25,388 by the same date in 2021 — an increase of 2,62,480, it said. The budget documents give a break-up of the jobs likely to created in central government departments between 2019 and March 2021. The highest 79,353 jobs are estimated to be created in policing.from Jobs-Economic Times https://ift.tt/36OboWa
Subscribe to:
Posts
(
Atom
)
Featured post
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 ...
-
Society of Indian Automobile Manufacturers President Rajan Wadhera reiterated the demand for lowering of GST on autmobiles from 28 percent t...
-
Breaking into computer programming has become easier than ever, with online training & code libraries. But that hasn’t made life easier ...
