Page 6 - Employment

50% of gig workforce interested in full-time employment, says report

A half of the gig workforce surveyed is interested in full-time employment with stability a major concern among them, according to a report. Over 50 per cent of gig workers, also known as temporary workers, who were a part of the survey, said they will eventually pursue full-time employment, according to the report by staffing firm Ciel HR Services, which was released on Friday. The report is based on a survey of 1,200 white-collar gig workers from over 400 organisations across sectors in the country. While gig work has gained popularity as an alternative form of employment, it appeared that a considerable number of them view it as a temporary or transitional phase in their careers, with the intention of eventually securing a permanent, full-time position, the report added. It said 41 per cent men and 40 per cent women respondents shared a strong interest in working on different projects. This suggested that gig workers, regardless of gender, appreciate the opportunity to engage i

62% corporate employees get salary hikes, small cities do better: Study

19% executives in leadership positions receive increments in the 5-10 per cent range

Rajasthan govt tables bill for minimum income, employment, pension

The Bill has three broad components- Right to Minimum Guaranteed Income, Right to Guaranteed Employment and Right to Guaranteed Social Security Pension

TN skill development centre eyes to create 10,000 new jobs in BFSI segment

Tamil Nadu Skill Development Centre has drawn up plans to generate 10,000 jobs in the banking and financial services sector under the government's 'Naan Mudhalvan' scheme. Industry leaders engaged in the BFSI sector at a recent round table meeting extended their support to the state government's skilling initiatives to train the youth and college students. Naan Mudhalvan CEO (Tamil Nadu skilling and capability enhancement platform) M Jayaprakasan, chief mentor Sai Reddy highlighted the need for scaling up the BFSI sector at the meeting. "We want you to enter colleges, and do skill-based courses. We are more interested in course objectives, course outcomes, and skills imparted... the government is keen in making Tamil Nadu the skill capital for the region", Jayaprakasan said. Under the 'Naan Mudhalvan' initiative, he said over 10,000 students underwent various skilling courses in the banking, financial services, and insurance sector. "Over 4,000 of them got placed and the process i

Delhi, Mumbai lead in hiring by companies; southern city third: Report

Demand by employers shows a thaw in hiring freeze in some sectors, says trend shows a thaw in hiring freeze in some sectors

US layoffs nearly halve in June as job cuts ease in technology sector

Like its peers, Amazon.com in March had said it would axe another 9,000 roles as a part of its second retrenchment drive, as investors also persuaded the firms to cut costs

India's manufacturing PMI softens slightly to 57.8 in June from 58.7 in May

'Client interest' continues to support industry and helping growth of output and employment, it says

Domestic automakers accelerate employment of women in shop floors

Homegrown automakers Tata Motors, Mahindra & Mahindra, Ashok Leyland and Hero MotoCorp are accelerating the drive to employ more women in shop floors as they press hard on the pedal to enhance diversity. Once outsiders but no longer, thousands of women are now rolling out from two-wheelers to popular SUVs and heavy commercial vehicles across different factories of these companies. Tata Motors has over 4,500 women working in the shop floors across six manufacturing plants, including an all-women line at its Pune facility with over 1,500 of them producing popular SUVs such as Harrier and Safari. "We are an equal opportunity employer and believe a gender-balanced workforce leads to increased productivity, better decisions, enhanced collaboration, and more innovative ideas. Our focus is on enhancing diversity, especially on the shop floor and 25 per cent of all our new recruits are women," Tata Motors Chief Human Resources Officer (CHRO) Ravindra Kumar GP told PTI. He further said, ...

Kerala launches new scheme to provide jobs opportunities to transgenders

The Kerala government has launched a new scheme to provide employment opportunities to the transgender community in diverse and innovative sectors. Chief Minister Pinarayi Vijayan on Wednesday said the Pride project is being implemented with the objective of ensuring the participation of the marginalised group in the knowledge employment sector. The state-run Knowledge Economy Mission and the Social Justice Department are jointly implementing the programme, he said in a Facebook post. The project is also part of the government's initiative to provide employment to 20 lakh people by 2026, he explained. The Chief Minister said the LDF government is committed to ensuring all kinds of civil and human rights and providing support to the TG community. The project would help them resolve their unemployment issues and address the invisibility crisis they were facing in the society through better job opportunities, he added.

Lulu Group to invest Rs 10,000 cr in India to complete ongoing projects

UAE-based Lulu Group will be investing Rs 10,000 crore in India on various ongoing projects over the next three years and the UAE-based conglomerate has already invested over Rs 20,000 crore in the country, Lulu Chairman Yusuff Ali MA said here on Monday. He also said his aim is to provide employment to 50,000 people in India and added that so far his various enterprises have employed over 22,000 people. Yusuff Ali, in the presence of Telangana Minister for Industries K T Rama Rao, also said that Lulu Group has committed about Rs 3,500 crore in investments in Telangana in the next five years on various projects including Destination shopping malls (Rs 3,000 crore) here and also in other cities in the state. Destination shops, stores or malls are ones that shoppers purposely plan to visit because they offer either special pricing, unusual items or friendly atmosphere, such as Ikea or Decathlon for example. "We have investments of more than Rs 20,000 crore in different areas includin

Massive increase in employment in 9 yrs; 12.5 mn got jobs: Bhupender Yadav

Union Labour and Employment Minister Bhupender Yadav on Thursday said the country has seen massive increase in employment opportunities in the last nine years and about 1.25 crore new jobs have been created since 2014. Referring to a number of institution-based labour surveys done by the ministry, Yadav said that there has been a massive increase in employment during the period from 2014 to 2022. The minister was addressing a press conference on the performance of the labour ministry during the last nine years. About 1.25 crore jobs were generated in the country during the period, he said. The minister referred to the data of the Employees Provident Fund Organisation (EPFO) to substantiate his statement. "If you see the EPFO data, the number of pensioners (under the Employees' Pension Scheme 1995) has increased from 51 lakh in 2014-15 to 72 lakh in 2021-22. If you see that around 22 lakh people retired but the registrations under the social security scheme run by the EPFO have ...

TN Minister Senthil misused office to engineer cash-for-jobs 'scam': ED

Tamil Nadu minister Senthil Balaji allegedly "misused" his office for illegal gratification and "engineered" a job racket scam in the state transport undertakings during 2014-15 with purported kickbacks paid by candidates through his associates, the ED informed a local court on Wednesday hours after arresting the DMK leader. Calling him the "prime suspect" in the cash-for-jobs case, the federal probe agency also stated in its custody papers that alleged unaccounted cash deposits worth about Rs 1.60 crore were made in the bank accounts of Balaji and his wife. Balaji, 47, was arrested under the criminal sections of the Prevention of Money Laundering Act (PMLA) by the agency here on Wednesday after it launched searches the previous day at his premises and those linked to him in Chennai and some other locations. Chief Minister M K Stalin slammed the ED raids against Balaji as "intimidation politics" by the Centre. Balaji was admitted to a city government hospital after he complained of

Maharashtra to generate 5,220 MW renewable power, create 6,760 new jobs

In a major initiative, the Maharashtra government has signed MoUs to set up projects to generate 5,220-MW of renewable energy at a cost of Rs 41,000-crore

Around 70% companies planning to recruit this fiscal year: Report

Job postings for small and midsize businesses (SMBs) have witnessed record highs in the last five months, and about 70 per cent of companies are actively planning to recruit this financial year, a report said on Tuesday. The report by jobs and professional networking platform apna.co said it has witnessed a substantial upsurge in SMB job postings from January to May 2023, with around 300,000 jobs listed on the platform. About 70 per cent of SMBs in India are actively planning to recruit full-time professionals for key areas like business growth and expansion, HR, accounts and sales, it added. This report was based on job postings on the Apna platform from January to May in comparison to the same period last year. In terms of cities, the report further stated that Jaipur and Lucknow exhibited a high demand for Tele-calling roles, while Bhubaneswar and Kochi sought after business development professionals. In Ahmedabad, accounts and finance expertise was highly sought after, it ...

Rozgar Mela: Govt committed to create employment, says Shripad Naik

Union Minister of State for Tourism Shripad Naik on Tuesday said that the government is committed to create jobs

PM says Oppn all about rate card for jobs, his govt youth's 'safeguard'

Prime Minister Narendra Modi on Tuesday drew the battle lines between the ruling BJP and the Opposition, asserting that the country will now decide whether the future of youth will depend on dynastic parties which looted them with "rate cards" for jobs or his government which is working to "safeguard" their prospects. Modi used a "Rozgar Mela" (employment fair) to launch a blistering attack on the Congress and other opposition parties, linking their stint in power with political corruption, nepotism and malpractice in different schemes, including in recruitment process, while crediting his government for ushering in an era of transparent and quicker employment exercise. He also accused some parties of using language as a weapon to spread conflict and division in the country while his government has used it to create employment and empower people. The prime minister took no names but made an apparent reference to reports about "rate card" for different government jobs in the Trinamo

Japan aims to raise female executives ratio at top firms to 30% by 2030

The Japanese government approved a women empowerment policy package with the target of having female executives account for more than 30 per cent of board members

Indian economy on rise with growing employment, spike in manufacturing: PM

Prime Minister Narendra Modi on Tuesday said that the Indian economy is on a rise being fuelled by a spike in manufacturing activity and growing employment despite the growing geopolitical tensions

T'gana posts 31% growth in IT exports, adds 127,000 jobs during 2022-23

Telangana registered 31.44 per cent growth in information technology exports and added nearly 1.27 lakh new jobs during 2022-23, surpassing the expectations

Global unemployment to fall 5.3%; low-income nations lag in recovery: ILO

ILO said it has developed a new indicator 'jobs gap' which offers more elaborate measure of the unmet demand for employment, especially in developing countries