Human Resources

Public offer expected to comprise a fresh issue of around Rs 350 cr and an offer for sale by earlier shareholders

Speaking at the Business Standard BSmart HR Conclave, top HR executives from leading Indian companies differed on the impact of remote work, and its need in a post-pandemic environment

Automation, AI, and digitisation are not limited to a particular sector and while jobs have evolved, skillsets haven't

The Union Ministry of Corporate Affairs is holding discussions with corporate HR leaders in Delhi and Mumbai to finalise the contours of the scheme

With India emerging as the hub of Global Capability Centres, a report on Saturday revealed that 78 per cent professionals expect the GCC sector to become a catalyst for creating jobs, particularly benefiting temporary workforce in the country. A majority of 78 per cent foresee GCCs as catalysts for creating new job opportunities, particularly benefiting gig workers and the temporary workforce in India, said a report by HR Services and Workforce Solutions provider Genius Consultants. This optimism about job creation reflects a positive outlook on GCCs' potential to diversify and expand employment avenues in the evolving job market, the survey stated. The report on GCCs and their potential impact on the Indian industrial market is based on an analysis of inputs from 1,033 professionals. Almost all the respondents agreed on the pivotal role that GCCs play in advancing the adoption of cutting-edge technologies such as Artificial Intelligence (AI), cloud computing, and Internet of Thing

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HR and Ed-tech industry experts on Tuesday said budget proposals on skilling, internship and job creation will help address the need for a skilled workforce and boost employment generation for youth. Experts termed the Budget for 2024-25 presented by Finance Minister Nirmala Sitharaman as forward-thinking which aligns with the vision of a 'Viksit Bharat'. Direct Benefit Transfer (DBT) of up to Rs 15,000 is set to boost formal employment by making it more attractive for industries to hire new talent, they added. Sitharaman in the budget announced an outlay of Rs 2 lakh crore for several schemes targeting 4.1 crore youth. The minister announced a provision of Rs 1.48 lakh crore for education, employment and skilling programmes. TeamLease Degree Apprenticeship Chief Strategy Officer Sumit Kumar said with targeted outreach to 4.1 crore youth over five years, the initiative is poised to make a significant impact by seamlessly integrating education, skill development and employment. "Up

AU Small Finance Bank may find it challenging to manage the asset quality of Fincare SFB's microfinance institution portfolio

HR solutions provider says acquisition will help it expand business abroad

Hiring among these startups increased by 20 per cent during the year compared to 2022. Moreover, they reported that the reduction in their workforce decreased by 7 per cent in 2023

Kaura, who joins the private sector lender from Crisil's London office, has been appointed to "spearhead organisational transformation", according to a statement

Data-driven hiring ways, inclusive and diversity-focused practices and nearly double-digit salary hikes are likely to leave their stamp on the human resource landscape in 2024 as companies continue to scout for the right talent amid economic uncertainties. Over the last few years, the expectations of candidates and employers have changed dramatically. Employees want workplace flexibility, a greater emphasis on diversity, and impartial hiring processes, while companies are eager to provide fair, engaging and streamlined candidate experiences to attract and retain top talent, according to experts. Designing comprehensive well-being programmes, including flexible work arrangements, inclusive culture and work-life balance policies will be among the priorities for companies. Experts said that data-driven hiring will be one of the key trends that will redefine the HR landscape. AI-powered tools will revolutionise HR practices by automating repetitive tasks and providing personalised ...

The Company has appointed Vivek Anand as Chief Financial Officer (CFO) and Rachna Kumar as the Chief Human Resources Officer (CHRO)

Cornerstone OnDemand's Talent Health Index Report finds that 60% organisations lag in automation and learning strategies

Three out of four business professionals believe that artificial intelligence (AI) and human resource (HR) functions will coexist, states the Keka's Report

Paul highlights major infra push given in healthcare sector

As Artificial Intelligence (AI) is bringing in a new era of work, a report on Wednesday revealed that 92 per cent of recruitment professionals in India feel their role has become more strategic in the last year, specifically in the area of talent acquisition. To ready their workforce for the changes ahead in the era of AI, business leaders interviewed in the country are relying on human resource and recruitment teams to lead the way, a report by the Microsoft-owned social platform LinkedIn said. The skills needed for jobs are estimated to change by at least 65 per cent by 2030 as rapid developments in AI accelerate workplace change, noted the report. The report revealed that around 92 per cent of talent professionals in India say their role has become more strategic in the last year, specifically in the area of talent acquisition. The majority (80 per cent) of HR professionals globally believe AI will be a tool that helps them in the next five years, enabling them to focus on the m

India's HR payroll software market is projected to reach $14.31 billion by 2030

Due to a slowdown in the hiring market, many recruiters are now finding it difficult to get opportunities

Yadav will look after teams such as human resources business partners, human resources operations, talent acquisition, and administration