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Fewer distress-induced job transitions occurred in Q2CY2021, and only around 20 per cent of salaried and self-employed workers transitioned either into casual-wage work or exited the labour force
15.79 per cent of these start-ups want to keep their headcount unchanged: FICCI - Randstad Start-up Hiring Trends Survey
There is a steady increase in the hiring of tech talents in the EPC (engineering, procurement and construction) sector amid constant technology upgradation by firms and the government's focus on accelerating infrastructure development, according to a report. Following positive sentiments around the 2023 Budget, the EPC sector is witnessing a rise in hiring of tech talents, both top-level management and freshers, according to CIEL HR Services report 'Employment Trends Today in EPC Sector in India - February 2023'. The report revealed that among the non-tech sectors, the EPC takes the lead (11 per cent) with regard to the most sought-after role of software development (2,367 jobs) compared to FMCG (3 per cent), Pharma (2 per cent) and Banking (10 per cent). The report is based on a survey of leading 52 EPC companies employing over 80,000 employees. The analysis included 21,865 jobs posted on job portals in January 2023. The report further revealed that with constant technology ...
Company's product helps in conducting interviews and selecting talent for IT and non-IT roles
Akasa Air plans to hire nearly 1,000 people and take the total staff strength to more than 3,000 by the end of March 2024 as the airline continues to expand its fleet as well as routes, according to its chief Vinay Dube. The airline, which took to the skies a little over seven months ago, also plans to start international operations by the end of this year, and the possible overseas destinations are still in the process of being finalised. In an interview with PTI, Dube, the founder and CEO of Akasa Air, said the airline will place a "three-digit aircraft order" by the end of this year. It has placed an order for 72 Boeing 737 Max aircraft, and 19 of them are already in its fleet. The 20th aircraft will be inducted in April, following which it will also be eligible to fly overseas. In the next financial year, the carrier aims to add another 9 planes to its fleet, taking the total size to 28. Currently, it operates 110 flights every day. "We have more than 2,000 employees today, an
The rise in demand for STEM-qualified women is expected to rise the highest in the retail and e-commerce industry
The majority of Apple's divisions had already moved to a once-a-year schedule for bonuses and promotions, including software engineering and services
Hiring intentions will remain marginally lower during the second quarter (April-June) this year as employers continue to have difficulty in finding people with the right skills, according to a survey. Employers in India continue to anticipate hiring workers in the second quarter, reporting a seasonally adjusted Net Employment Outlook of 30 per cent, which is marginally lower from the January-March quarter, according to ManpowerGroup Employment Outlook Survey. Hiring intentions remain marginally lower by 2 per cent quarter-on-quarter, while employers continue to have difficulty finding the right talent, it added. The ManpowerGroup Employment Outlook Survey is based on an analysis of nearly 3,020 employers. The survey further revealed that the talent supply with the requisite skills depicted in the sliding shift of employers, experiencing a talent shortage by 3 per cent. "While the skill gap continues to be concerning, in spite of the global economic pressures, India's innate abilit
While there are pockets of recessionary tendencies that we see in different parts of the world, I believe that India is in a good spot, says IBM India MD Sandip Patel
The Directorate General of Civil Aviation (DGCA) plans to ramp up its technical staff to 1,100 by hiring another 400 people in the next one to two years as well as increase the number of offices to 19 as the watchdog strengthens the safety oversight capabilities, according to its chief Arun Kumar. Kumar, who will be superannuating on February 28 after being at the helm for nearly four years, described his tenure as a "roller coaster ride" during which various steps were taken to improve aviation safety and the regulator also dealt with multiple headwinds, including engine issues and safety concerns over SpiceJet. India's aviation safety oversight ranking jumping to the 55th position from 112th place earlier under the International Civil Aviation Organization (ICAO) coordinated validation mission, rollout of eGCA for processes at the regulator, introduction of regulations for transgenders who want to be pilots as well as compulsory breath analyser tests for air traffic controllers are
In all, listed IT companies accounted for 47 per cent of incremental growth in India Inc's salary and wages bill in the last 12 months
At present Air India has 115 aircraft. This calendar year it will receive six Airbus A350s and 25 Boeing 737 Max planes; will also take 36 aircraft on lease
The company, which had 720 stores as of end-2022 and nearly 4,000 employees overall, said last March it would add 260 new stores that sells brands such as Mochi, Walkaway and Metro
The funding will be utilised for serving a robust new customer pipeline, expanding global presence and accelerating hiring to augment product engineering, sales and delivery teams, Instangles said
Candidates offered annual salary of Rs 6.5 lakh asked if they will take up projects for Rs 3.5 lakh
Global layoff-driven dip in IT hiring drags overall growth figure to 0.8%
Recruiters foresee maximum layoffs for senior professionals, with 20% of recruiters predicting the same. Freshers are expected to be least impacted by hiring corrections
Industry players said IT hiring was not as strong as it was in 2022
Total workforce up 10% so far in FY23; recruitment also driven by merger of group firms
Companies increase input inventories by purchasing additional materials, but hiring remains unchanged broadly