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founders or hold senior positions in India Inc) to help students get jobs, including for those whose offers have been revoked.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
Covid-19: Cos try to save jobs while struggling to meet payroll commitments
Buffeted by the turmoil unleashed by the Covid-19 pandemic, a bunch of companies are trying to save jobs even while India Inc struggles to meet payroll commitments.from Jobs-Economic Times https://ift.tt/2yN0owR
Indian universities association joins hands with Jeevitam for online campus placements
Under this, digital campus placement will be run individually for each institute, thereby ensuring complete privacy and data confidentiality. Besides, digital registration of all candidates willing to participate in the digital campus placement will be done by calling on a pre-specified number or by submitting information through a link.from Jobs-Economic Times https://ift.tt/2wvKd6w
Wednesday, 8 April 2020
Bengaluru voted best city for IT professionals: Survey
Hyderabad and Pune secured the second and third spots, respectively, with 13 per cent and 11 per cent votes, it said. Delhi-NCR (20 per cent) secured the least votes among the preferred city chart. While Kolkata with 21 per cent votes fared slightly better than Delhi-NCR, it added.from Jobs-Economic Times https://ift.tt/2XkSzZy
Minimal impact on students' job offers, summer internships amid COVID-19 crisis: IIM-C
Several recruiters made alternate arrangements to start the internship as per their original commitment via digital media, leveraging their IT capabilities. Some others deferred the joining dates to April 13 or April 20 to deal with emerging challenges of the lockdown. At this time, 90 per cent of the employers are expected to start their internships by April 20.from Jobs-Economic Times https://ift.tt/2Xh7N1M
Grofers to hire 5,000 people over 2 weeks to ramp up capacity
The company has also partnered with resident welfare associations (RWAs) of over 100 societies across metros to make essentials available to a larger number of people amid the 21-day lockdown imposed to contain the spread of COVID-19.from Jobs-Economic Times https://ift.tt/2y2MCWo
Tuesday, 7 April 2020
Hiring activity declines 18 per cent in March: Naukri JobSpeak
The job market across cities registered a drop in hiring activity, the index revealed, adding that the decline was led by metros wherein Delhi declined by 26 per cent followed by Chennai and Hyderabad at 24 per cent and 18 per cent, respectively. Hiring activity in Delhi and the National Capital Region witnessed a negative growth of 26 per cent.from Jobs-Economic Times https://ift.tt/2Xcdo9D
India jobless rate swells above 23% amid coronavirus lockdown, survey shows
There was a significant fall in jobs and there is a simultaneous significant rise in unemployment in March 2020, according to CMIE, whose usual sample size for monthly estimates is more than 117,000 individuals. The govt publishes unemployment data every year. The last report, released in 2019, put the unemployment rate at a 45-year high of 6.1%.from Jobs-Economic Times https://ift.tt/2V80lmT
Monday, 6 April 2020
COVID-19 impact: Pay delays leave freelancers in the cold
Freelancers are facing payment delays in view of the Covid-19 outbreak induced lockdown. While domestic payments have been delayed to 24 days from an average 19 days earlier, international payments are taking double the time than usual.from Jobs-Economic Times https://ift.tt/2UREnWx
PMKVY 3.0 delay holds up new enrolments
Fresh enrolments under the country's flagship skills training plan have halted in the absence of a plan to switch over from the Pradhan Mantri Kaushal Vikas Yojana 2.0 that ended on March 31 to its next version.from Jobs-Economic Times https://ift.tt/2JIMFJA
Pay cuts, job losses may lead to defaults on unsecured loans
Banks have offered customers a moratorium on payment of loan instalments for three months starting March. However, customers will have to pay back additional interest on them.from Jobs-Economic Times https://ift.tt/2JLjPbS
Only a few IT companies like, Wipro, Accenture & Tech Mahindra honour job offers
Accenture is one of the largest employers in the IT sector, hiring an average of about 2,500 people every month in India in the last one year.from Jobs-Economic Times https://ift.tt/34dKwPK
HRD Min appeals to companies not to withdraw job offers made in campus placements
HRD Ministry appealed to companies to not withdraw any job offers made to students in campus placements due to economic issues by the coronavirus pandemic.from Jobs-Economic Times https://ift.tt/2UPZmsN
Sunday, 5 April 2020
India under lockdown: Job offers in hand, IIM & IIT grads stare at hazy future
Placement cells across top IITs and IIMs that ET spoke to said they are apprehensive that fallout could include postponement of joining dates, cut in salaries or in the worst-case scenario, even job offers being revoked. So far though, placement sources say, only Gartner, an US-headquartered research and advisory firm has revoked offers, but institutes are working on back-up plansfrom Jobs-Economic Times https://ift.tt/3bSjsrH
Lockdown would have deeper impact, 52% CEOs foresee job losses: CII Snap Poll
A majority of the firms engaging in production of essential products and supply of ancillary goods are facing constrained operations during the lockdown. Firms have revealed that access to manpower and movement of products have emerged as major constraints in essentials trade, be it manufacturing or warehousing and transport or retail sales.from Jobs-Economic Times https://ift.tt/2UKr6yA
Friday, 3 April 2020
Govt reserves jobs in J&K for domiciles; amends Apr 1 order after angry reax
"Any person who fulfils the following conditions shall be a domicile of the Union territory of Jammu and Kashmir for the purposes of appointment to any post under the Union territory of Jammu and Kashmir," the revised notification said.from Jobs-Economic Times https://ift.tt/2V3MMF5
COVID-19: Biggbasket to hire 10,000 people for warehouses, delivery
E-commerce companies have been struggling to deliver orders after the 21-day lockdown, imposed to contain the spread of the deadly coronavirus, came into effect from March 25.from Jobs-Economic Times https://ift.tt/3bL9VCQ
Thursday, 2 April 2020
Work-from-home going to stay, even after Covid-19 scare is over
HR heads see it as a win-win solution helping employees save on commute time and cos to cut establishment cost, raising productivity. HR heads also say arrangements such as hot-desking will become more common, bringing down establishment costs.from Jobs-Economic Times https://ift.tt/3aF57Pl
LinkedIn offers free job postings to accelerate hiring for critical roles to fight COVID-19
Besides, LinkedIn has expanded its 'Recruiting For Good' programme to deploy its own team of recruiters to help source and screen talent for organisations on the front lines so that these organisations can fill urgent paid and volunteer positions.from Jobs-Economic Times https://ift.tt/3bL0u6A
Wednesday, 1 April 2020
Government looking to amend rules for availing unemployment benefit under ESIC
Proposed changes could include providing unemployment benefits of up to 50% of the last drawn salary for three months as against 25% of the salary available under the Atal Beema Vyakti Kalyan Yojana (ABVKY) currently. Time period could be extended further if needed, the official said.from Jobs-Economic Times https://ift.tt/3bGo5VQ
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