HIRING
73% of employers in India hired actively in June quarter: Survey
In the first quarter of FY25, 73% of employers in India actively hired, a 7% increase from the previous quarter, according to the Indeed Hiring Tracker. The focus was on sales and marketing roles, which comprised 30% and 23% of new hires, respectively. The demand for IT roles remains strong, with data analysts, data engineers, and data scientists in high demand due to ongoing digital transformation.
Is the tide turning in IT hiring? Indeed thinks so
Tech hiring has been cautious recently, with even major tech firms reducing their workforce. However, the demand for IT professionals remains strong due to ongoing needs for updates, new features, and security patches, driven by advancements in AI, machine learning, and blockchain.
10 Japanese firms interact with Karnataka colleges to enable hiring of Indian talent
The Japan External Trade Organisation (JETRO) organised University Connect in Bengaluru to facilitate connections between Japanese businesses seeking Indian talent and Karnataka's top colleges. The event featured 10 Japanese companies and 7 Indian institutions, aiming to encourage students to explore job opportunities in Japan. JETRO plans to expand its university network in Karnataka to support Japanese businesses in hiring skilled Indian professionals.
Tata Group to hire 4,000 women technicians from Uttarakhand for Tamil Nadu and Karnataka facilities
Candidates will be required to undergo tests for selection. According to the letter from Tata Group, successful candidates will be appointed as shop floor technicians. In addition to a fixed salary, the selected candidates will be provided with accommodation, food, and transportation facilities. Other benefits will also be offered in line with company policy.
72% employers plan to hire freshers in the second half of 2024: TeamLease EdTech 'Career Outlook Report
TeamLease EdTech's survey found that 72% of employers aim to hire freshers in the second half of 2024, up from earlier periods. Top sectors hiring include e-commerce, engineering, and retail, with key roles like full stack developer and SEO executive in demand. Industry-academia collaboration is increasingly vital for aligning education with industry needs.
6 career paths that didn’t exist a decade ago but are now creating hiring opportunities
Over the past decade, advances in technology birthed career paths that were once unimaginable. Roles like content creators, telemedicine physicians, SEO specialists, prompt engineers, drone operators, and sustainability managers have emerged, driven by needs in social media, healthtech, AI, drone technology, and eco-friendly initiatives. Many of these jobs are now in high demand.
- Go To Page 1
Global capability centres score may go up in 2nd half of hiring game
Captive service units of multinational companies in India employed around 152,000 people in the first half of 2024, up 14% from the prior six months but 9% below the previous year, according to a survey conducted by Xpheno. More than 75% of hires were due to employee replacements. Semiconductor manufacturing, oil & gas, and food & beverage sectors saw the highest net additions. The survey indicated that hiring trends might pick up in the latter half of 2024, driven by India's tech talent and support from southern states like Karnataka promoting themselves as GCC hubs.
High festive sales pitch sets tempo for temp hiring; demand to surge 15-20% YoY
The festive season is set to generate 600,000-700,000 temporary jobs across various industries, with a 15-20% increase in demand for such positions compared to last year. This surge in temporary hiring is driven by expected increases in consumer spending, a recovering rural economy, and a vibrant stock market.
'E-commerce sector to hire 10 lakh gig workers, 2.5 lakh contractual staff this festive season'
The e-commerce sector saw an impressive hiring spree, employing 10 lakh gig workers and 2.5 lakh contractual staff to meet a projected 35 percent increase in festive season sales. This highlights e-commerce's substantial role in job creation and contribution to India's vision of a USD 5 trillion economy by 2025.
90% women see GenAI as pivotal for career growth, but only a third feel ready to use it: Report
The report, titled ‘GenAI: The Diversity Game Changer We Can’t Ignore’, was launched on the sidelines of the Nasscom Global Inclusion Summit in Bengaluru. It analyses the adoption of AI/GenAI among women and proposes actionable steps to foster an inclusive environment and promote sustainable growth.
IT hiring likely to grow by 8.5 pc by next year as demand grows: Report
IT companies are recovering from last year's decline, boosting hiring efforts. Indeed's report predicts an 8.5% increase in job roles by next year. The surge is driven by a growing need for software roles due to the adoption of AI, machine learning, and blockchain technologies. Startups and established companies are actively hiring developers to build and update software.
Godrej Industries ramps up hiring at group companies to push growth
Godrej Industries Group has been expanding its hiring across various businesses including real estate, financial services, and agriculture. The company seeks to support growth and scaling up while maintaining a reduced attrition rate. Additionally, new policies aimed at talent retention and employee well-being have been introduced.
Most companies offer pay hikes to retain talent: Survey
India Inc. witnessed an 11% year-on-year increase in fresh talent hiring in July, with significant salary growth in technology and other high-growth sectors. Despite some declines in automotive and BFSI, Tier II cities like Coimbatore saw strong job growth. Freshers in IT enjoyed the highest salary packages, highlighting robust demand for IT skills.
Only 16% of corporates believe graduates are industry-ready: Report
HirePro's report highlighted a gap between academia and corporate expectations, with only 16% of companies considering graduates industry-ready, compared to 70% of academic institutions. The report also found students prioritizing technical skills over CGPA for job placements and stressed the importance of internships. There is a call for better alignment between education and industry needs.
Hiring picks up pace with a year on year 11% uptick: Foundit Insights Tracker
Hiring is on the rise with an 11% year-on-year increase in July 2024, despite a 1% month-on-month decline, as reported by Foundit. Salary growth has been consistent, driven by high-demand sectors like IT and digital marketing. Fresh graduates, especially in retail and telecommunications, saw notable salary increases.
Task force in works to lay out road map for cos to hire interns
The government plans to establish a task force under the corporate affairs ministry to develop the proposed internship scheme, aiming to provide one-year internship opportunities in the top 500 companies to 10 million youth over five years. This was announced by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25.
Record funding, policy support drive hiring boom in spacetech sector
Indian startups in the space sector are significantly boosting their hiring efforts as they expand, driven by a funding boom and supportive government policies. Companies like Skyroot Aerospace, Digantara, Pixxel, Agnikul Cosmos, Dhruva Space, SatSure, and Manastu Space plan to scale up their headcounts, in some cases even doubling or tripling their team sizes, to maintain a competitive edge in the industry.
Hiring activity shows 12% increase in July: Naukri JobSpeak Index
Hiring activity in the white-collar sector increased by 12% YoY in July 2024, with key sectors like Pharma/Biotech, FMCG, Real Estate, and AI/ML leading the growth. Overall, the broad-based growth across sectors and geographies signals a positive trend, with the IT sector and fresher hiring experiencing significant upticks.
Are you a ‘personality hire’? What the new GenZ workplace term means
Personality hires are chosen for their interpersonal skills and cultural fit rather than technical expertise. This hiring method can enhance team cohesion and morale but may also introduce biases and reduce innovation. A balanced approach is recommended to harness benefits while mitigating challenges.
Surviving first day at work: A quick guide for freshers
Freshers face challenges on their first day at work, including nervousness and learning new processes. Experts advise early arrival, punctuality, and active participation. Freshers should also introduce themselves, ask questions, and demonstrate eagerness to learn. These actions can leave a positive impression on seniors and ease the transition into the corporate environment.
Top companies find there are not enough women in colleges to fill their gender diversity goals
Deloitte's 2024 study reveals that only 17% of engineering and 34% of management campus recruits are women, falling short of the 45% gender diversity target set by 200 surveyed companies. The study covered 508 campuses, highlighting a significant gap between companies' diversity goals and available talent pools.
UP Police Constable Recruitment 2024: UPPRPB announces re-exam dates. Check details
This examination will be conducted in 2 shifts daily on the said dates and about 5 lakh candidates will appear in this examination in each shift.
Infosys resumes campus recruitments, plans to hire 15,000-20,000 fresh graduates
Infosys and TCS are set to recruit thousands of fresh graduates this fiscal year, adjusting hiring strategies to include both on-campus and off-campus placements. IT firms focusing on agile hiring approaches to meet evolving market demands.
In post-Covid job market, small towns offer big opportunities
Executives at large companies attributed the rise in talent demand in small cities to increase in consumption, rise in ecommerce and retail sales, and greater penetration of banks and financial services institutions. That apart, several companies in manufacturing sectors - like auto and electronics - are setting up their units outside large cities to expand the talent pool and due to the cost advantage.
Degree apprenticeships can help position aviation industry get talent for sustained growth
Aviation sector facing severe skill gaps with 17% shortage, projected to exceed 25%! Anticipated growth to create 72,900 new jobs by 2035. Pilots, technicians, and AMEs in high demand. India set to dominate air passenger market by 2030. Government initiatives and apprenticeships crucial to bridge employment gap and ensure industry growth!
As beauty and wellness sector expands, hiring strategy embraces competition to find talent
The beauty and wellness sector is experiencing significant growth, with innovative hiring methods being adopted by companies. Government skilling programs are playing a key role in shaping the workforce. Opportunities are expected to expand, with a focus on skill-based hiring and industry development.
Yubi Group revamps top deck, goes on a hiring spree
Yubi Group, formerly CredAvenue, is hiring extensively and promoting leaders. Bharat Krishnamurthy is now CTO of Yubi and Aspero. Other promotions include Ramesh Ramanathan as deputy CFO, Amitesh Bhattacharya as group general counsel, and Vinod Deiveegan as chief business officer of Corpository. Over 90 campus hires joined this quarter, and 2.2 million shares were added to the employee stock option plan.
Hiring in manufacturing gets a boost amid rapid growth
India’s manufacturing sector grew 40% between June 2022-2024. CNC jobs rose 160%, production supervisors 155%, machine operators 119%. Indeed attributes this to modernisation and specialised skills. Sashi Kumar cited communication skills (17% demand), CNC skills (10%), manufacturing (9%), English (8%), and CNC programming (6%).
Mid-career roles are seeing a boom in hiring in these sectors
Mid-career professionals contemplating a job shift must carefully assess their skills and interests to align with emerging opportunities in sectors like e-commerce, manufacturing, and BFSI. Industry experts suggest exploring roles in data science, cloud architecture, digital marketing, and cybersecurity to stay competitive in today's job market.
Load More
