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Hiring will be focused on specialized skills; TCS and HCLTech doubling their focus on hiring specialized skills
Even as institutes offer dedicated entrepreneurship courses, they struggle to choose between promoting entrepreneurial skills or traditional employment paths
NITES alleged that despite fulfilling all requirements on their part, these professionals have been kept in limbo for more than two years, causing immense frustration, anxiety, and uncertainty
Budget 2024: As part of the Centre's employment-linked incentive scheme, first-time employees in the formal sector will be offered one month's salary as subsidy up to Rs 15,000
EPFO data says women subscribers also rose after falling last year
The salary of a fresher engineer joining the IT services sector starts at around Rs 3.5 lakh per annum. Whereas, freshers who get selected through this tiered framework can get 6.25-12 lakh per annum
Net fresher addition in Q4 for the company stood at 3,096 freshers. For the entire FY24, HCLTech added 12,141 freshers. The company's total headcount in Q4 was 227,481
Intent to hire freshers in the first half of this year has improved by 6 per cent compared to the same period a year ago, as employers' confidence grows in the country, a report said on Tuesday. There is an increase of 6 per cent for the first half of 2024 compared to H1 of 2023 for freshers' hiring in India, TeamLease EdTech's Career Outlook Report HY1 (January-June) report said. "Employers played the conservative card for some time now and hiring had slowed down amidst global turmoil. However, our recent report reveals employer confidence in India's growth story. "Organisations are more confident about their future paths, which reflects in their high confidence to recruit fresh talent and strengthen their talent pool," TeamLease EdTech founder and CEO Shantanu Rooj said. The TeamLease EdTech's Career Outlook Report HY1 (January-June) report is based on a survey among 377 freshers and 149 employers conducted during July-September 2023. The report further revealed that the top thr
The intent to hire freshers in India has increased as compared to last year: TeamLease EdTech report
Experts have stated that non-compete obligations are valid only during employment and cannot hinder an employee from joining a competitor post-employment
As many as 2.6 million freshers were actively looking for job opportunities in the last 30 days
Sales and business development roles have the highest hiring demand in the travel & tourism industry, and demand for gig workers, such as photographers, event planners, etc have increased by 14%
With the travel and hospitality industry booming, the hiring intent in the sector is expected to grow by 15 per cent for freshers in the second half (H2) of this year, according to a report. The hiring intent for the travel and hospitality sector stands at 15 per cent for H2 (July-December), compared to 10 per cent in the first half of this year, according to learning and employability solution company TeamLease EdTech's 'Career Outlook Report HY2, 2023'. In the sector there are top 5 job roles that are poised to shape the careers of Indian freshers within the vibrant travel and hospitality domain, including food and beverage (F&B) associate, travel consultant, event coordinator, junior chef and business development executive, it said. "Our Career Outlook Report HY2, 2023 highlights the ever-changing landscape for freshers, with the travel and hospitality sector presenting bright prospects. We remain steadfast in our commitment to empowering young professionals with the knowledge .
Freshers are facing a 'fresher glut' created by a spike in the talent pool of young professionals with experience of one to two years
As the tech giant continues to restructure its internal operations and continuing global layoff, new hires have also been impacted
The demand for interns is the highest in the IT industry which accounts for 35 per cent of all openings: foundit data
The study revealed that several factors contributed to the slowdown in hiring, which includes increased focus on upskilling and reskilling of existing employees, rather than hiring new ones
On February 21, Wipro asked the candidates hired under the Turbo programme at Rs 6.5 LPA if they would be interested to join the company at Rs 3.5 LPA
Recruiters foresee maximum layoffs for senior professionals, with 20% of recruiters predicting the same. Freshers are expected to be least impacted by hiring corrections
This is nearly 4.5 times higher than the global average of 14 per cent