Hiring Activity

Air India's premium avatar by mid-2024; Maharaja stays: CEO Wilson

Airline to speed up $400-mn cabin refurbishment, says CEO

Hiring activity in e-recruitment space dips by 2% in January: Report

Hiring activity in the e-recruitment white-collar space in January witnessed 2 per cent year-on-year decline mainly due to slowdown in sectors including IT, telecom, manufacturing and healthcare, a report said on Wednesday. E-recruitment refers to the process of employing talents using various online sources. Demand for jobs in production and manufacturing declined by 8 per cent as did in healthcare (7 per cent), IT hardware and software (7 per cent), telecom (5 per cent) and banking, financial services and insurance (3 per cent), according to Foundit (formerly Monster) Insights Tracker (fit) for January 2023 . While IT faces a lull due to global macro conditions and course correction from last year's hiring surge, production hiring was impacted due to cost pressures and a rise in input prices. BFSI (banking, financial, services and insurance) sector, which had continuously witnessed positive hiring numbers, has noted a marginal dip of 1 per cent annually, the report stated. The .

Tech giant Apple begins hiring retail store employees in India: Report

Apple's website currently shows over a hundred results for job positions in India.

Bucking the trend, IT companies in India to increase hiring in 2023: Survey

India is going to be an overall employment gainer in 2023 due to a stable geographical, economic and political foundation: Randstad

NextG Apex plans to increase its employee count to 5,360 by FY25

Business consulting firm NextG Apex on Friday said it is planning to increase its manpower to 5,361 by FY25 to support its expansion into several verticals, including FMCG and health. At present, NextG Apex has a headcount of 543 employees that they want to raise to 902 by end of FY23 and 5,361 by 2024-25, the company said in a statement. This hiring is mainly in line with the company's plans for expanding business operations across verticals like FMCG, health and beauty and F&B over the next 2-3 years, it added. The recruitment will mainly be in cities that contribute over 80 per cent of the business, and going forward 40-50 per cent of the hiring will shift to tier II and III cities, it said. "Our hiring plans are majorly focussed on field operations and thus 70 per cent of the total hiring will add to our feet-on-street fleet. There's another 20 per cent requirement for mid-level supervisory people, 5 per cent for managerial talent, 3 per cent for back-end positions and 2 per ..

5G: 90% telecom sector firms may hire professionals in December quarter

The intent to hire professionals in the telecom sector has improved in the December quarter when compared to the preceding quarter, according to the TeamLease report.

Growth in India's services sector quickens in Oct, PMI edges up to 55.1

The rate of inflation outpaced its long-run average, suggesting no respite from higher cost pressures in Asia's third-largest economy

Hiring of permanent workers fell 61% in start-ups: RazorpayX Payroll report

Technology-related jobs have managed to marginally increase their contribution to the overall workforce by 4 per cent, while the hiring trend is slowing down in general

Even as overall hiring slows down, no dearth of jobs for senior execs: Rpt

The demand for CXOs has been relatively high in the industrial and manufacturing sectors, auto, chemicals, financial services, and energy firms

HCLTech to boost presence in Mexico; to hire 1300 employees over next 2 yrs

The new centre in Guadalaraja will enable the company to serve its local and international client base across industries

CEOs rethinking strategies to hire, retain talent: KPMG 2022 CEO Outlook

KPMG's latest poll asked more than 1,300 CEOs of the world's leading companies about their hiring plans and expectations

68% companies believe AI in HR raises overall job accuracy: Report

Around 68 per cent of companies surveyed believe that the implementation of Artificial Intelligence in the Human Resource process increases overall job accuracy, according to a report. The report revealed that 72 per cent of respondents agreed that using AI in the HR process boosts productivity and saves time as they believe it can automate many HR-related procedures and boost the effectiveness of the system through chatbots. The report by HR solutions provider Genius Consultants is based on an online survey with over 825 organisations spread across sectors including banking and finance, construction and engineering, education, FMCG, hospitality, HR solutions, IT, ITES and BPO, logistics, manufacturing, media, oil and gas, pharma, among others. It further revealed that over 44 per cent of respondents indicated that AI-based chatbots are currently the preferred tool for initial interactions during the hiring process, which also helps new hires settle into their responsibilities and .

Indian job market sees record 22% YoY growth in June, says report

Hiring activity in India has shown an upward growth trajectory with a record 22 per cent year-on-year growth in June 2022 compared to last year, according to a report on Tuesday.

Hiring activity up 6% in March on improving economic scene: Monster report

However, there was a marginal dip of 2.4% in hiring activity as compared to February, owing to the appraisal season, according to the Monster Employment Index

Hiring activities witness 31% increase in February: Report

Hiring activity witnessed a 31 per cent increase in February as multiple sectors recorded strong growth compared to the previous year, according to a report.

Hiring demand almost flat in January due to Omicron conditions: Report

Hiring demand was almost flat in January witnessing a one per cent fall compared to the previous month, reflecting the cautious approach of Indian employers due to Omicron conditions, according to a report. On account of the third COVID-19 wave, the retail sector saw of dip of 8 per cent in demand sequentially, travel and tourism also witnessed an 8 per cent fall, while home appliances slipped 5 per cent, according to the Monster Employment Index (MEI), a comprehensive monthly job analysis report by Monster India. While agro (5 per cent) and BFSI (4 per cent) sectors continued to grow on a monthly basis, according to the report. The fall of 5 per cent in home appliances was followed by a drop of 5 per cent in FMCG and food & packaged food, BPO/ITES (-3 per cent), production and manufacturing (2 per cent), and engineering, cement, construction, iron/ steel (2 per cent) industries that showed a negative trend. Further, education, telecom/ISP, and healthcare, biotech and life ...

Hiring intent can rise 9 percentage points in Q4FY22 if no curbs: TeamLease

Out of the 21 sectors reviewed, around 7 can record a growth of more than 10 percentage points in their intent to hire, making the current quarter a good time for talent.

Indian corporate hiring outlook in Jan-March strongest in 8 years: Survey

Indian employers have robust hiring intentions for the next three months, with 49 per cent of companies planning to add more staff in the January-March quarter, a survey said

TeamLease Services posts net loss of Rs 49 crore for Sept quarter

The leading staffing firm on Friday reported a net loss

Hiring activity in India grows by 43% annually in October, says report

Hiring activity expanded by 43 per cent year-on-year in October driven by strong demand for technology professionals, according to a report.