Boxed / Fluid

Tuesday, 31 March 2020

Online grocery, pharmacy stores step up hiring to meet demand

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India’s biggest delivery brands need experienced riders, so pick up your phone immediately and call us, said a message sent by Releski Jobs to workers in the restaurant industry. Releski Jobs is an online portal which connects job seekers and employers in the restaurant, hospitality and retail sectors.

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Sunday, 29 March 2020

Why India Inc needs to invest in resilience

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The economic package announced by the Central Government may accord a momentary glimmer of light at the end of the tunnel. But industry leaders know that once the storm is over, it will be a long, hard road to recovery – and that it will take far more than building greater competencies in domain or technical skills, to get the job done.

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Thursday, 26 March 2020

India under lockdown: Jobs and salaries safe despite disruption, companies tell staff

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From paying advance salary to honouring joining date for new joinees, cos going all out to reassure employees.

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Firms may delay hiring for a quarter

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Startups, though, are revising growth plans and consequently, hiring is mostly on hold. “Almost 50% of ongoing interviews, new requirements, onboardings have stopped for the last two weeks now, particularly in the IT sector,” said Kamal Karanth, cofounder of Xpheno, a staffing agency that focuses on hiring for tech services companies and startups.

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Wednesday, 25 March 2020

Is work from home stressful? Companies rope in psychiatrists, experts for counselling

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Microsoft, P&G and Deloitte are among companies that have sought professional assistance to help employees tackle the turmoil due to social distancing, now extended for three weeks, and working remotely.

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Covid 19: B-schools defer summer internships as cos unable to on-board

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B-school managements are discussing the options available with host companies, said officials and human resource heads of companies. A delay in internships may have an adverse impact on student placements, they said, since most firms offer students full-time positions based on the internships (pre-placement offers or PPOs).

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Big-ticket expat hirings stuck, all joining dates rescheduled

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Even if they want to come and join, some companies will be hesitant to appoint a person from an affected country at the moment, executive search experts said. Expat hiring will get pushed out at least temporarily, including for OCI cardholders, said Puneet Pratap Singh, partner-in-charge, India, Heidrick & Struggles.

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Monday, 23 March 2020

Experts urge India Inc to avoid layoffs, pay cuts during coronavirus outbreak for faster recovery

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Experts are of the view that it is the time for India Inc to send across a long-lasting message and it is their duty to provide a sense of security to their workforce by retaining their existing staff members and that can be achieved as any fresh hiring is anyway unlikely to happen at the time.

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Tech firms switch to video interviews to hire fresh talent

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Companies such as Cognizant, Wipro and NTT are using virtual meetings to interview and select candidates in an effort to carry out business as usual. However, onboarding of selected candidates is being postponed until April. Experts from staffing firms suggested that video-based recruitment will be the norm in the coming weeks.

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Covid-19: Public, pvt cos told not to cut salaries, lay off staff

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The government asked public and private establishment employers not to cut salaries or lay off employees during the coronavirus pandemic.

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Companies' recruitment strategy shift to virtual platforms amid coronavirus outbreak

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Companies are checking the travel history (official and personal) of the past three months, also their medical history is getting checked. However, if they have any illness, status of illness, track of residence locations, any address update that need to be done is also done.

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Sunday, 22 March 2020

COVID-19 to delay job interviews; impact hiring: Experts

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"Since the outbreak of COVID-19, companies have been cancelling interviews. We expect 60-65 per cent interviews getting dropped or delayed as there is lockdown in many parts of the country and people are encouraged to stay at home to curtail the spread of the virus," TeamLease Services Business Head BFSI and government vertical, Amit Vadera told.

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Thursday, 19 March 2020

Coronavirus impact: Hikes, bonuses on the block as IT firms get ready for slump

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India’s technology services firms have asked those employees who can deliver remotely to work from home. They have sent trainees back home from campuses in a bid to keep to social distancing norms and reduce the spread of the virus.

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Coronavirus impact may render 3.8 crore people jobless in tourism, hospitality sector

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The Federation of Associations in Indian Tourism & Hospitality (FAITH) also said there should be a support fund for twelve months to support basic salaries with "direct transfer" to the affected tourism employees. "As a result of this pandemic, Indian tourism industry is looking at pan India bankruptcies, closure of businesses and mass unemployment," FAITH said in a letter to PM Modi.

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Hiring of top executives likely to be delayed by a quarter due to coronavirus spread

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Usually, hiring of top executives such as chief executives, and operations and finance chiefs remains much less affected than others, because companies can't hold off hiring for critical roles. But now, the next few weeks will be the deciding factor and even crucial roles will get impacted if the situation escalates, experts fear.

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Wednesday, 18 March 2020

Jobs in times of coronavirus

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For now, most employers are holding off, with many seeking govt intervention.

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Tuesday, 17 March 2020

Coronavirus impact: Companies allowed to hold AGMs, EGMS via video conferences

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The decision will be notified in the next couple of days, the official said. Most companies usually have their AGMs around this time of the year.

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Coronavirus: ‘Special leave’ to ensure isolation doesn’t hit pay

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The leave can be taken for any number of days required for the employee to recover during which period the person will be entitled to full pay and the other regular leaves such as sick leave and privilege leaves will remain unaffected.

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Monday, 16 March 2020

Should you consider pursuing an MBA for career growth?

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Marginal decline in number of jobseekers between 2015 and 2017

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“As per the information received from the states/UTs, the number of job seekers, all of whom may not necessarily be unemployed, registered on live register of employment exchanges in the country to the extent available were 4.35 crore, 4.34 crore and 4.24 crore during 2015, 2016 and 2017 respectively,” the minister told Lok Sabha.

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Sunday, 15 March 2020

Covid-19 and slowdown bug India Inc's hiring speed

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HR heads of various corporates ET spoke with said overall recruitment levels are very likely to drop with business slowing down globally on account of Covid-19 and restrictions on travel even as companies are monitoring the situation closely.

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What it takes to include talent with disabilities, into the workforce

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Friday, 13 March 2020

812 Pradhan Mantri Kaushal Kendras allocated in 707 districts across the country: Junior skill development minister RK Singh

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Govt promotes establishment of model and aspirational skill centres known as Pradhan Mantri Kaushal Kendra (PMKK) in every district in the country for imparting skill training in the districts. For establishment of PMKK, capital expenditure up to 75% of the project investment as well as operational support is provided through the implementing agency, the NSDC.

from Jobs-Economic Times https://ift.tt/3aWj8HV

Thursday, 12 March 2020

Hiring activity remains flat in February 2020: Report

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According to the report, the flat trend was primarily led by a decline in growth rates across sectors such as insurance (-23 per cent), hotel/ restaurants/airlines/travel (-18 per cent), auto /auto ancillary (-16 per cent) and recruitment/employment (-15 per cent) compared to February 2019.

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COVID-19 Impact: Talent demand dips

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The projects/infrastructure sector noted the sharpest dip in the month-on-month talent demand followed by petrochemicals/oil and gas, export/import/merchandising and logistics & warehousing sectors that also registered a decline in the talent demand.

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Wednesday, 11 March 2020

Tech companies tap core engineering talent to cater to changing needs

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Capgemini, which has set up two technology labs in Paris and Mumbai to develop 5G technology services, will look to increase talent in emerging technology areas.

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Tuesday, 10 March 2020

Tata Steel Europe to cut 1,250 jobs in turnaround push

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Besides the job cuts, which would be less than half of what the company had announced last year, Tata Steel said it will not replace employees who have retired or left the company.

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Saturday, 7 March 2020

More women in ‘soft’ jobs, fewer managers: UN body report

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“Barriers to women’s involvement vary by industry and, often, reflect industry cultures as well as overarching economic and social factors … Women are preferred in teaching, clerical and low-level jobs,” the latest report says.

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Thursday, 5 March 2020

Online fashion company Koovs sacks about half its staff

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In 2018, Biyani’s Future Lifestyle Fashions had announced plans to buy 30% stake in Koovs for Rs 140 crore, making the Indian retail group the largest shareholder in the AIM London-listed fashion retailer.

from Jobs-Economic Times https://ift.tt/3cynV44

49 pc IIM women alumni say they do not have equal opportunities for career growth: Survey

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The survey was done online among 400 alumni and current students from 20 IIMs across the country. Around 49% of the respondents said they do not have equal opportunities for career growth as the men in their organisations. More than 65% respondents said women representation in their organisations' top leadership tier is insignificant.

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Wednesday, 4 March 2020

Productivity in India not at par with global standard, says survey

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The ‘Future of Work – Trends at Work and Workplace’ study highlights employer sentiments on the trends that will impact the future of work, enabled by disruptive technologies. The study purports to identify the leading elements impacting the workforce, and its immediate ramifications for organisations.

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Coronavirus impact: Microsoft asks staff in Seattle area, Silicon Valley to work from home

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Microsoft asked many of its employees in the Seattle region near its headquarters and the San Francisco Bay Area to work from home if possible until March 25.

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IIM Indore completes final placements with average salary of Rs 22.92 lakh

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Consulting, sales & marketing and finance were the most sought-after domains among the many roles that were offered. The batch also saw candidates get two international offers this year, as the institute completed placements for its largest outgoing batch of 578 students -- the post graduate programme (PGP) 2018-20 and the 5 year integrated programme in management (IPM) batch.

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Tuesday, 3 March 2020

Average pay hikes for India Inc likely to be around 7.8% for 2020: Deloitte Survey

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While the projected salary increment figure reflects an overall simple average, when adjusted for company size (measured via headcount), salary increment decreases to 7.1%. If the IT sector is excluded, headcount weighted projected pay increase drops further to 6.8%. This implies that larger organisations are being more cautious with respect to salary increments.

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Monday, 2 March 2020

Pay for this tech course only if you get job with over Rs 6 lakh salary

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The contract between the student and institution is called the income share agreement (ISA). If the student gets a job with at least that salary, he/she will pay 15-17% of the monthly salary to the institution for the first two-three years.

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How Modi govt plans to fix the problem of joblessness

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Under Skill India Mission, Ministry of Skill Development and Entrepreneurship is implementing a flagship scheme known as the Pradhan Mantri Kaushal VikasYojana (PMKVY) 2016-20 with an objective to provide skilling to one crore people.

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Government may fall short of its skill development goal of training one crore youth

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Under the PMKVY-2.0, launched in October 2016, ministry had targeted to impart skill training to one crore youth for over four years (2016-20). Out of this, 60,00,000 was the target under short-term training while 40,00,000 was the target under the recognition of prior learning (RPL) component for 2016-20.

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Sunday, 1 March 2020

Only 9.5% non-technical students among internship seekers: Survey

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A major learning from the report is that content writing, data entry, and management profiles including business development and marketing, digital marketing, and human resources, are some of the highly popular internships among the non-tech students pursuing internships.

from Jobs-Economic Times https://ift.tt/2vjLs8h

Capgemini to hire up to 30,000 employees in India this year

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The Indian workforce constitutes for over half of its global employees base. "India forms a very important part of our business and we will hire 25,000-30,000 people here this year on a gross basis," Capgemini country chief executive Ashwin Yardi said. At present, it is focusing efforts on re-skilling employees for the technologies of the future, he said.

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Coronavirus crisis: Workers refusing to rejoin factories may face action

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