Hiring

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

Vacancies in company law tribunals hinder insolvency resolutions: SC

The NCLT currently operates with 43 members out of its authorised strength of 63. Legal experts believe that if the NCLT had been at full capacity, Jet Airways might have had a chance at revival

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Canada tightens its foreign worker regulation to favour domestic workers

The newly implemented regulations aim to incentivise companies to hire Canadians before resorting to foreign talent

Raymond Lifestyle to hire 9,000 workers for hundreds of new stores

Raymond's garments business, which exports to the United States, Europe and Japan, reported sales of Rs 1,139 cr last year, accounting for over a tenth of the group's revenue

Assurance Intl plans to hire 2,000 people in India over next two years

Automotive ancillaries player Assurance Intl Ltd on Friday said it is planning to hire 2,000 people in India over the next two years as part of its growth strategy and elevate sales of licensed products for various global brands. The recruitment drive will focus on attracting top talent across key regions in India, offering diverse opportunities in engineering, sales, customer support, and operations, the company said in a statement. "The addition of 2,000 new positions will not only support our strategic initiatives but also play a vital role in enhancing sales and delivering exceptional customer value," Assurance Intl CEO Mukesh Sharma said. This recruitment initiative is a crucial component of Assurance Intl's long-term strategy to remain competitive in the rapidly evolving automotive landscape. Gurugram-headquartered Assurance Intl is into manufacturing and marketing company for automotive products known as lubricants, batteries, filters, accessories, and spare parts. It has ab

Fresh formal hirings increase in July by 2.5% to 1.05 million: EPFO data

The EPFO data is considered crucial as only the formal workforce enjoys social security benefits and is protected by labour laws

Hiring of entry-level graduates falls in FY24 as companies scale back

Internships, lateral hires, and recruitment for CAs and CFAs grew, but MBA and diploma holder hiring saw the least growth in FY24 compared to FY23

Led by smaller cities, seasonal hiring to jump 20% this festive season

Seasonal jobs are short-term jobs taken up during a particular period of time. They may be part-time or full-time and typically last six months or less

BFSI on hiring sprint, IT sector stumbles in headcount marathon in FY24

In comparison, BFSI firms hired 172,000 people on a net basis in 2022-23 (FY23), while IT services companies had a net recruitment of 131,000 employees

IT hiring declines in August, but AI-ML jobs outlier with 14% rise: Report

The overall white-collar hiring activity during the month witnessed a dip of 3% on a yearly basis in August this year, said the report

Will ELI scheme fix India's jobs crisis? A comprehensive rethink needed

The proposed employment incentive scheme is a commendable start, but it risks worsening India's employment problem

IIT Bombay placements: Avg package hits Rs 23.5L, 22 offers exceed Rs 1 cr

A total of 430 students were placed in 106 core engineering companies, primarily in entry-level roles. This IIT Bombay placement season recorded a 12% increase in the number of recruiting companies

AI talent recruitment struggles in India due to high salary demands: Report

A recent survey revealed that 66 per cent of the 250 organisations surveyed indicated that high salary expectations were a major obstacle in attracting AI talent

Tech, new hires drive evolving HR trends, says industry executives

This has been accentuated by the need for culture assimilation for the large size of hiring undertaken during the pandemic, say HR executives at the Business Standard's BSmart HR Conclave

How can the road ahead for lateral entry in bureaucracy be smoother?

The govt's biggest lateral hiring initiative came undone in three days, but the issue remains alive

Festival season fuels temp hiring across industries, 700k new jobs expected

The festive season - which begins on August 19 with Raksha Bandhan through to Christmas and the New Year - is likely to see a boost in consumer spending, leading to a surge in temporary hires

Hiring activity up 12% in July, most sectors report double-digit growth

White-collar hiring activity grew by 12 per cent in July compared to the same month last year as most sectors reported healthy double-digit growths, a report said on Friday. India's white-collar hiring activity grew to 2,877 job postings in July 2024, registering a 12 per cent year-on-year increase compared to 2,573 during the corresponding month last year, according to the Naukri JobSpeak Index. The Naukri JobSpeak is a monthly index representing India's job market and hiring activity based on new job listings and job-related searches by recruiters on the resume database of Naukri.com. Most sectors reported healthy double digit growths, with pharma/biotech (26 per cent), FMCG (26 per cent), real estate (23 per cent), and AI-ML (47 per cent) leading the way, said the report. However, the report said, it could be due to an impacted base of July 2023, when there was an atypical dip in hiring activity on account of IT sector's woes. The IT sector experienced a healthy 17 per cent gro

Hiring of freshers by IT companies likely to go off-campus in FY25

HR experts concurred that the fiscal year 2024-25 will be better than the last fiscal. The total intake from campuses for the sector may hover around 100,000-120,000, according to estimates by Xpheno

Hiring in power, energy sector in country witnesses 9% growth in H1FY25

Hiring activity in the power and energy sector increased by 9.01 per cent in the first half of this financial year (H1FY25) compared to the same period last year, as the country works towards achieving net-zero emissions by 2070, a report has stated. India's energy sector is undergoing a significant transformation in line with the nation's commitment to achieving net-zero emissions by 2070. This is reflected in the impressive 9.01 per cent net employment change in the power and energy sector, indicating a move towards a low-carbon future driven by significant government initiatives, according to TeamLease Services 'Employment Outlook Report' for H1FY25. TeamLease Services 'Employment Outlook Report, showcases changes in employment for the period between April-September 2024-25, based on a survey of 1,417 employers across 23 industries. The report further revealed that in the power and energy sector, Delhi leads existing job locations at 56 per cent, followed by Bengaluru at 53 per .