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Around 79 per cent of employers polled are keen to increase their apprentice pool in the last quarter of this financial year in order to develop a strong talent pipeline, a report said on Monday. Teamlease's Apprenticeship Outlook Report for Q4 2022 (January to March 2023) indicates that 79 per cent of employers are foreseeing to increase their apprentice intake in the fourth quarter 2022 (JanuaryMarch 2023). Interestingly, the report revealed that more employers (about 37 per cent) are willing to increase their intake due to the fact that apprentices are real-time skilled talent available in the market. Additionally, 23 per cent of employers feel that apprentices also help unlock business growth opportunities, the report added. The Apprenticeship Outlook Report is based on a survey covering 14 cities and 24 industries. The report has surveyed 597 employers from January to March 2023. The report further revealed that 12 out of the 24 industries see an increase in their Net ...

Updated On: 13 Mar 2023 | 7:12 PM IST

Global consultancy firm PwC will hire around 30,000 people in India in the next couple of years, company Chairman Bob Moritz said on Friday. In a panel discussion at the Global Business Summit organised by the Economic Times, he said India can be a supplier of that talent to the world, thanks to its technology advancements and the use of AI (artificial intelligence), which the rest of the world doesn't have that skill set. "So, today we've got about 31,000 people. Just so we're clear, and some of that's been reported on this, and our plan is to hire another 30,000 in the next couple of years. "That's the boldness," Moritz said when asked about the company's headcount in India. Schneider Electric Chairman & CEO Jean-Pascal Tricoire also said he was "super optimistic about India". "There is no other place in the world where we have invested most, more than in India over the past 20 years...India is today our third largest business in the world after the US and China," he ...

Updated On: 17 Feb 2023 | 10:47 PM IST

Rajasthan Chief Minister Ashok Gehlot on Thursday announced one lakh recruitment in the coming financial year as he called the state budget "excellent." Gehlot made the announcement while replying to a debate on the budget for the financial year 2023-24 in the state assembly. "While presenting the budget on February 10, I had announced to ensure recruitment on the vacant posts in the coming financial year in addition to the appointments which are under process," he said. "In this sequence, now I announce one lakh more recruitment in the coming (financial) year," the CM added.

Updated On: 16 Feb 2023 | 6:02 PM IST

India suffers from a poorly educated workforce that is confined to poor quality jobs. Most employment is informal and in the unorganised sector

Updated On: 30 Jan 2023 | 11:59 PM IST

This layoff period, coupled with a lull in hiring, is expected to last over the next two or three quarters, say experts

Updated On: 25 Jan 2023 | 4:08 PM IST

Around 0.28 million women aged 20-29 entered the labour force in this period, according to CMIE's Consumer Pyramids Household Survey data

Updated On: 17 Jan 2023 | 12:43 PM IST

The Index of Consumer Sentiments shrunk by 0.9% in December 2022 after having declined by 1.7% in November

Updated On: 09 Jan 2023 | 11:59 PM IST

India today is a land of opportunity and can be a trusted partner for global and American corporations in their supply chains and investment portfolios, Commerce and Industry Minister Piyush Goyal said. He also exuded confidence that the country will soon be the third largest economy in the world, as transformational reforms and a young population drive future growth. I would urge all of you to take this message to the world, to the Americans and American corporations and to the sphere of influence that each one of you has that India is the place to be, India can be your trusted partner in your supply chains, in your investment portfolio, in your business, Goyal said on Sunday as he addressed diaspora and members of the Indian-American community at a reception here. Goyal arrived in New York on Sunday on an official visit till January 11 during which he will also travel to Washington DC. In the first leg of the visit, he will interact with CEOs of multinational enterprises, join ...

Updated On: 09 Jan 2023 | 4:37 PM IST

60 per cent of all the grey and blue-collar hires were "freshers" with a prior work experience of 0 to 3 years: Billion Careers

Updated On: 06 Jan 2023 | 12:07 PM IST

Companies are also focusing on hiring second-career women - those who are returning to work after a career break

Updated On: 26 Dec 2022 | 4:58 PM IST

Karnataka Chief Minister Basavaraj Bommai on Saturday said that a mini textile park will be made functional in Hulagur this year aiming to give employment to women

Updated On: 25 Dec 2022 | 8:54 AM IST

About 65 per cent of jobseekers (more than 6 in 10) in India feel that the ongoing layoffs may hinder their willingness to go the extra mile in their jobs, a report showed on Thursday

Updated On: 22 Dec 2022 | 4:59 PM IST

The company will train and upskill "thousands" of unskilled workers and provide digital certificates

Updated On: 20 Dec 2022 | 4:33 PM IST

The unemployment rate was over 8% in all three weeks that ended in December

Updated On: 19 Dec 2022 | 11:59 PM IST

An increase in the worker population ratio reflects the higher engagement of people in productive activities, said union minister Jitendra Singh

Updated On: 15 Dec 2022 | 10:39 PM IST

Average wages paid by listed companies is more than twice the salaries paid by other enterprises

Updated On: 12 Dec 2022 | 11:59 PM IST

Prime Minister Kaushal Vikas Yojana (PMKVY), aiming to skill the youth of the country has performed poorly so far as placement of the trained or certified people under the scheme is concerned

Updated On: 11 Dec 2022 | 10:19 AM IST

'It's hard to see 2023 as a great year for the urban middle-class as global tech-industry layoffs affect jobs and capital availability for startups. Rural demand is anyway sluggish'

Updated On: 05 Dec 2022 | 8:21 AM IST

Start-ups leading technology development, can emerge from small villages even: Minister

Updated On: 30 Nov 2022 | 5:43 PM IST

Samsung India is planning to hire around 1,000 engineers for its research and development institutes across India, the company said on Wednesday. The young engineers will join the company in 2023, and will work on new-age technologies at its R&D institutes in Bengaluru, Noida, Delhi and at Samsung Semiconductor India Research in Bengaluru. "Strengthening their focus on innovation and cutting-edge technology, Samsung's R&D centres aim to hire new talent from India's top engineering institutes who will work on breakthrough innovations, technologies, products and designs, including India-centric innovations, that enrich people's lives. "This will further our vision of Powering Digital India," Samsung India head for Human Resources Sameer Wadhawan said in a statement. The Korean electronics major will recruit engineers from multiple streams such as Computer Science and allied branches including artificial intelligence, machine learning, computer vision and VLSI, information ...

Updated On: 30 Nov 2022 | 2:23 PM IST