Hiring In India

Hiring intent for manufacturing, services sector up 10% in Q1FY24: Report

Even as there is an ongoing global turmoil, hiring intentions in services and manufacturing sectors for the first quarter of 2023-24 are 10 per cent more than the year-ago period, a report said on Tuesday. According to the TeamLease Services' 'Employment Outlook Report' for the Services and Manufacturing sectors for Q1, FY24, despite the ongoing global turmoil, hiring intent in India has steadily increased over the past year. In comparison to the same quarter in the previous year (April-June 2022-23), hiring intentions in the services and manufacturing sector in the first quarter of FY24 is 10 per cent higher as close to 64 per cent of employers the employers interviewed said they are keen to increase their resource pool across industries. However, compared to the fourth quarter of FY23, the hiring outlook has witnessed a dip of 4 per cent. The TeamLease Employment Outlook Report for the Services and Manufacturing sectors is based on a survey of 809 small, medium and large companie

PwC will hire around 30,000 people in India in couple of years: Chairman

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 ...

Overall hiring intent for freshers improves for Jan-Jun 2023: Report

Learning solutions provider TeamLease EdTech on Thursday said a large number of Indian employers have expressed their intention to hire freshers in the first half of this calendar year. According to TeamLease EdTech's Career Outlook Report for January-June 2023, in spite of the global gloom, Indian employers' intent to hire freshers has marginally increased by 3 per cent to 62 per cent, as compared to July-December 2022, when it stood at 59 per cent. TeamLease EdTech surveyed 874 large, medium and small businesses between October-November 2022 for this report. The top three industries with the most robust intent to hire freshers are information technology (67 per cent), e-commerce & technology startups (52 per cent) and telecommunications (51 per cent). Amongst the Tier I cities, Bengaluru comes at the top with maximum openings for freshers at 75 per cent, closely followed by Mumbai (56 per cent) and Delhi (47 per cent). "Even in the face of a global muted sentiments around team .

Four out of five Indian professionals looking for new job in 2023: Research

The report has come at a time when the global macroeconomic environment appears uncertain and several companies move towards slowing down the hiring activity

Hiring activity in white collar professional segment rise by 4% in Dec

The hiring activity in the white collar professional segment showed an increase of 4 per cent in December 2022, compared to the same month in the previous year, according to a report

Majority of employers in manufacturing sector keen to hire in Q4: Report

Majority of manufacturing companies plan to hire more people in the next three months amid increasing domestic demand, according to a survey. A TeamLease 'Employment Outlook Report' for the fourth quarter on Tuesday said the positive higher hiring sentiment is driven by large scale enterprises (69 per cent), followed by medium (44 per cent) and small (39 per cent) businesses. The findings are based on a survey of 301 manufacturing companies across 14 cities in India. More than 60 per cent of employers in the manufacturing segment aim to recruit and expand their resource pool. The overall intent to hire for both the manufacturing and services sectors combined has grown to 68 per cent in the said quarter from 65 per cent in the third quarter, it said. "The global employment rate has increased considerably post the last Covid-19 wave and is poised to grow stronger in the coming quarters. With domestic demand increasing, despite stringent external conditions, the manufacturing industr

77% service sector firms keen on hiring new employees in Q4: Report

79% employers willing to hire graduates and entry-level employees in country

Travel fintech platform SanKash to hire over 500 in India in next 6 months

Travel fintech platform SanKash on Monday said it plans to hire 500 professionals in India over the next six months

Will acquire more firms in India, hire thousands: Insight Enterprises CEO

Software and information technology company says it will recruit in India for the next 5 years

50 mn networking conversations witnessed among rising workforce in Q3: Apna

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

Start-up PickMyWork says will take up 500,000 gig workers in FY23

Gurugram-based company assists clients in getting customers, saving them cost and effort

Mumbai Angels raises $ 2mn funding for recruitment automation start-up

TurboHire ensures accuracy in candidate selection and reduces the cost and time spent on hiring

Joining delayed? Blame sudden global slowdown, overhiring in FY22

Industry analysts add companies hired in a big way in FY21. With a sudden global slowdown they will go slow and it is evident in the hiring targets for FY22

Most job vacancies recorded during third Covid wave were in health sector

Besides health, trade and IT/BPO sectors saw vacancies increasing during the pandemic's Omicron phase

Bangalore emerges as top city in intent of hiring for 2nd quarter: Report

Driven by growth in IT, ecommerce, FMCG and other allied sectors, Bangalore has emerged as the top city with the highest intent to hire in the second quarter followed by Chennai and Mumbai, according to a report. In the July to September quarter, according to the TeamLease Employment Outlook Report, 95 per cent of employers expressed the intent to hire more, compared to 91 per cent in the April-June quarter. From a pan-India perspective, 61 per cent of employers surveyed were keen to hire during the period, a 7 percentage point increase over last quarter, it added. In Bangalore, both manufacturing and services have shown positive intent to hire, the report stated. In the manufacturing sector, leading industries were FMCG (48 per cent), healthcare and pharmaceuticals (43 per cent), manufacturing, engineering and infrastructure (38 per cent), power and energy (34 per cent) and agriculture and agrochemicals (30 per cent), it revealed. From the services sector perspective, leading ...

Number of companies looking for freshers to triple in H2CY22, shows data

The study, which analyses freshers' hiring sentiment, covers 865 companies across 18 industries and 14 locations

NLMC to hire company secretary as it preps for commencing operations

SPV is tasked to monetise 3,479 acres surplus land of state-owned firms

Lifestyle & grocery retailers reverse FY21 trend, hire over 180,000 people

The total number of employees in eight of the top retailers in India went up 57 per cent to 4,90,000 in FY22, with Reliance Retail hiring the most number of people at 1,61,000

No signs of slowdown in attrition at TCS; firm says it has enough hands

TCS which had shared in Q4 of FY22 the hiring target of 40,000 for FY23, said the target remains

India Inc hiring intent up 7% in September quarter: TeamLease report

Indian firms top on this metric among major global markets; intent to hire at 64% in Sept quarter, up from 54% in previous three-month period; could touch 70% in next few quarters