Indian Workforce

50% organisations don't have clarity on skills their employees will need in future, it says

A significant percentage of organizations understand the current skills and development needs of their employees and are providing access to upskilling or reskilling opportunities to all employees, says a study. According to Mercer's 2023 Global Talent Trends study, 64 per cent of companies surveyed offer flexible work options for all employees and 54 per cent of organizations have total well-being initiatives. Mercer conducts a comprehensive Global Talent Trends study that includes the perspectives of CXOs, HR leaders and experts, and employees. As many as 124 HR leaders participated in the pulse survey, representing approximately 8,00,000 employees across technology, auto, manufacturing, professional and financial services sectors. Amid external challenging environmental situations laden with inflation, recession and tight labour market concerns, 45 per cent of the companies in India are redesigning work with employee well-being in mind such as realistic workload, no-meeting days

These enterprises, the study by Ficci and Randstad says, are well capitalised and have raised series A and B funding rounds

This upward trend in salaried employment is certainly a cheery outcome for Gujarat as it suggests an improvement in the quality of jobs in the state

Global layoff-driven dip in IT hiring drags overall growth figure to 0.8%

The proposed recommendation also includes having an effective outcome focused learning approach with structured impact evaluation metrics

Country will need 30 mn digitally skilled professionals by 2026; 50% workforce will have to re-skill

India's current Group of Twenty (G20) Presidency is an opportunity to strengthen cooperation in digital skilling as a significant step towards an inclusive future of work

A top India-centric American business advocacy group, in collaboration with various US government agencies and a prestigious university, has announced an alliance to increase the number of women in STEM education and the workforce in India. The launch of the US-India Alliance for Women's Economic Empowerment STEM Collaborative was announced by Mukesh Aghi, president and CEO of the US-India Strategic and Partnership Forum during the US-India Alliance Shatter Summit. India and the US tech synergy is well evinced in India being an IT powerhouse and the US having the most robust tech economy. However, there is still a lacuna in the number of male and female STEM graduates, Aghi said. For India to unleash its full potential, there needs to be a concerted effort to get more young girls and women in STEM (science, technology, engineering and maths), he said. The US-India Alliance for Women's Economic Empowerment is a public-private partnership between the State Department, USAID, USISPF,

The firm is a SaaS platform for frontline workforce management, with a user base of 1,100 large enterprises

Massive fresher hiring the past few years has pushed share of Gen Z to 18-20% and Millennials to 68-70% of total tech industry employee base in FY22

With more and more companies preferring to hire employees on project basis, a report has revealed that there is likely to be 90-110 lakh additions to the gig workforce by 2025, a report said on Wednesday. The gig economy has been one of the most pivotal economic shifts in a long time and people are choosing gig jobs because it works with their lifestyle, they can choose when and how much they work, or it allows them to earn money between jobs, global job site Indeed said in the report. According to the report, companies have also started investing in gig work platforms and processes, which indicates how integral they are to the future of jobs growth in India. A majority of the employers surveyed (58 per cent) estimate the gig workforce to grow to 90-110 lakh, or even exceed this number by 2025, the report revealed. Gig workers are freelancers or contractors who work independently, typically on a short-term basis for multiple clients. "With the emergence of app-based models for rol

It was observed that there was a gradual shift in Indian migrants' key destinations from largely low-skilled, informal employment in the GCC countries to a dominant share of high-income countries

A large and abundant workforce also gives it an edge against South East Asian rivals

The global workforce reductions are expected to affect 3,700 jobs - about half of the company.

The lay-offs in India were across segments such as policy, communication, engineering and development, said sources in the know

She also urged them to take up the responsibility of educating the uneducated and spreading the light of knowledge

Gender wealth equity varies the most in the Asia-Pacific regions and the least in North America, finds the WTW Global Gender Wealth Equity report

Software development, UI/UX design, data analytics top three skills companies need

Apna.co said it has facilitated professional networking through various algorithms and technology tools