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Talent Management

Employers expect cautious hiring in Q4 as 80% face talent shortage: Survey

Employers in India are expecting cautious hiring in the first quarter of 2025, as ongoing talent shortages are likely to continue to hinder recruitment efforts, according to a survey. The ManpowerGroup Talent Shortage Survey collected data from more than 3,000 employers across four regions of the country. Despite the highest hiring demand globally (53 per cent), 80 per cent of employers in India are struggling to find the right talent, a trend that has persisted since 2022 and is more than the global average of 74 per cent that has remained unchanged over 2024. The survey highlights that no region is immune to shortages, and talent scarcity remains a defining feature of the global labour market. "The persistent talent shortage, with 80 per cent of organisations struggling to fill roles in 2025, underscores the urgent need for collective action," said ManpowerGroup India and Middle East Managing Director Sandeep Gulati. Industries like IT, energy, and utilities are feeling the grea

Updated On: 23 Jan 2025 | 1:15 PM IST

Attracting and retaining talent remains key concern in banking: KPMG Report

Majority banking leaders across the world say they would be willing to reward employees who made effort to return to office

Updated On: 20 Nov 2024 | 4:37 PM IST

Not just foreign cos, Indian corporations also jumping on the GCC bandwagon

In the last four years, large Indian conglomerates like the Reliance Industries, the Adani Group, Dr Reddy's Laboratories (DRL), and Bank of Baroda have established GCCs locally

Updated On: 16 Oct 2024 | 1:25 PM IST

Cut-throat competition forces Blinkit to revise 'zero notice' policy

Facing pressure from rivals such as Zepto, Flipkart, and Swiggy, which are aggressively competing to attract and retain top talent, Blinkit has extended its notice period policy from zero to 2 months

Updated On: 15 Oct 2024 | 4:05 PM IST

Foxconn considers rotating chief executives in management reshuffle

For companies around the world, the rotating chief executive structure is uncommon, but analysts say it can promote teamwork and prevent leadership from becoming entrenched

Updated On: 11 Apr 2024 | 8:23 AM IST

Indian-American Preesha, 9, among world's brightest students: Johns Hopkins

Preesha, who goes to Warm Spring Elementary in California's Fremont, was among 16,000 students from 90 countries to take the US-based JH-CTY test in Summer 2023 as a Grade 3 student

Updated On: 16 Jan 2024 | 11:02 AM IST

Most Indian organisations' skilling programmes below average: Study

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

Updated On: 16 Nov 2023 | 5:16 PM IST

Stabilising the talent battle

CEOs grappling with talent challenges could draw inspiration from the structured transfer window system used in European football leagues

Updated On: 08 Nov 2023 | 9:17 PM IST

Allegis Group names Venkat Shastry as new India managing director

Talent solutions firm says executive will focus on revenue, customers and partner relationships

Updated On: 05 Jan 2023 | 3:43 PM IST

CIEL HR acquires talent assessment company, plans IPO in Q2 of FY24

Skilling solutions firm is in talks to acquire two other professional staffing companies before its goes public

Updated On: 02 Dec 2022 | 12:30 AM IST

Monster.com makeover: Renamed foundit.in, it's now a talent management firm

Platform will offer comprehensive solutions to recruiters, highly personalised services to job seekers; firm says transition is in line with its mission to connect talent with right opportunities

Updated On: 23 Nov 2022 | 4:58 PM IST

Technology and talent two pillars of India's development journey: PM Modi

Prime Minister Narendra Modi on Tuesday said technology and talent are two pillars of India's development journey and emphasised on the importance of technology as an agent of inclusion in the country. In a video message to the Second United Nations World Geospatial Information Congress-2022 being held here, the Prime Minister said the country has been working on a vision of Antyodaya, which means empowering the last person at the last mile in a mission mode. It is the mission that has guided us in last-mile empowerment and that too on a massive scale, he said. "Providing banking to 450 million unbanked people, a population greater than that of the United States. Insuring 135 million uninsured people, about the size of the population of France. Taking sanitation facilities to 110 million families and tap water connections to over 60 million families, India is ensuring no one is left behind," Modi said. India is the world's number one in real-time digital payments and even the ...

Updated On: 11 Oct 2022 | 1:28 PM IST

France's Teleperformance bets on India for mid to senior leadership talent

Indian is also significant in the company's stated target of becoming a Euro 10 billion company by 2025

Updated On: 07 Oct 2022 | 12:36 AM IST

Salesforce plans to focus on India from revenue, talent perspective

US cloud-based service provider Salesforce has a big focus on India from a revenue and talent perspective, its executive vice president of real estate and workplace services Relina Bulchandani said on Thursday. According to Bulchandani, the future is incredibly bright for India. The San Francisco-based company is really committed to increasing its headcount in India, she said. "We have a big focus on India from a revenue and talent perspective... India is an incredible country from a growth perspective,' she told PTI on the sidelines of Salesforce's Dreamforce 2022 conference. Currently, Salesforce has offices in six Indian cities -- Mumbai, Hyderabad, Bengaluru, Pune, Gurugram and Jaipur. Bulchandani pointed out that Salesforce increased its headcount significantly during the pandemic period to 7,500 from 2,500 in April 2020. "Currently, we are growing rapidly. Like I said, in the last two years, we have grown 3x. "So, I would like to see that growth continuing going forward,"

Updated On: 22 Sep 2022 | 5:10 PM IST

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How can India Inc stay ahead of the curve on moonlighting?

While most IT firms discourage employees from taking up side jobs outside regular working hours, some like Swiggy or CRED are encouraging it. Can India Inc stay ahead of the curve on moonlighting?

Updated On: 14 Sep 2022 | 7:00 AM IST

Firms to give 9.1%, salary increments in 2022, beat pre-Covid levels: Study

Almost all 450 organisations that participated in Deloitte Touche Tohmatsu survey are planning to give hikes.

Updated On: 02 Mar 2022 | 11:34 PM IST

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What is Sekhar Garisa's take on the job trends for 2022?

In an interview with Business Standard's Krishna Veera Vanamali, Monster India CEO Sekhar Garisa says demand for talents is back to the pre-pandemic level across industry sectors. Let's join the chat

Updated On: 20 Dec 2021 | 8:30 AM IST

Short-term incentives here to stay post-pandemic to retain talent: Mercer

Respondents in survey say it imperative the HR team structures short- and long-term incentive plans to ensure the incentives are aspirational, sizeable, fair and simple, while also being achievable

Updated On: 02 Dec 2021 | 3:28 PM IST

Singapore govt lauds foreign talent policy as Oppn targets India

Singapore could lose good investments and jobs if it imposes tighter restrictions on global companies' ability to employ the talent they need, Finance Minister Lawrence Wong said on Tuesday

Updated On: 14 Sep 2021 | 11:14 PM IST

Banks need to increase focus on AI, data management, talent creation: IDRBT

Established by the Reserve Bank of India (RBI) in 1996, IDRBT spearheads efforts in providing state-of-the-art technologies for the country''s banking and financial sector

Updated On: 12 Sep 2020 | 12:06 AM IST