Unfazed: India Inc hiring to gain momentum in 2022 Across sectors including edtech, consulting and manufacturing, firms are bullish on hiring this year. A recent Manpower survey put the hiring intent for the current quarter at a nearly eight-year high.

EPFO data suggests a significant acceleration in formalisation of the job market: Economic Survey The net additional subscription witnessed a decline again in November 2020 and also during the second wave of Covid-19 (April-June 2021). However, the magnitude of decline in both the cases was less compared to that dur…

Indian startups generated over 6 lakh jobs: President Kovind A Nasscom-Zinnov report said this month that Indian startups raised a record $24.1 billion in 2021, a two-fold increase over pre-Covid levels, while $6 billion were raised via public markets with 11 startup IPOs. The Indian tech startup base continues to w…

B-schools' Class of 2022 secures top grades on hiring street At IIM Kozhikode, average salaries have shot up by around 30% from last year despite the institute having to place its largest batch till date - 546 students across three programmes. Bhavan's SPJIMR saw a 23% jump in average salary to Rs 32.05 lakh…

Remote working new normal; 82% employees prefer working from home: Study The study further revealed that 64 per cent employees said they are more productive working from home and feel less stressed.

Industry struggles to attract talent amid exodus of senior professionals Of the 300 middle and senior-level moves in investment banking in the last 12 months, about 65% have joined other domains, from startups to large corporations, according to data from executive search firm Native. At the same time, for several t…

Pay hikes in India may go back to pre-Covid levels Companies are upbeat about the economy and consumer confidence as most see Covid-19 as being unlikely to have an impact on the business cycle this year.

SPJIMR completes its final placements with average annual salary of Rs 32.05 lakh Consulting emerged as the top recruiting sector with offers rolled out to 38% of the batch of 238 participants. Participating companies included Accenture Strategy, Alvarez & Marsal, Bain & Co., Boston Consulting Group, Deloitt…

Job postings in Travel & Tourism sector sees 4% rise in Dec: Report The report is based on data from the Monster Employment Index, a broad and comprehensive monthly analysis of online job posting activity conducted by Monster India. It is also encouraging that the Ministry of Tourism and the Indian government ha…

Jump in number of offers, top packages and average salaries at National Institutes of Technology NIT Hamirpur has received five ₹1 crore-plus offers for international roles, its director, Lalit Kumar Awasthi, told ET. Before this, it had got one ₹1 crore offer in 2019.

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Covid-19 pandemic changed everything about work, except the humble resume In Monster's recent "Future of Work, report, recruiters in the United States ranked resume search - the ability to look through uploaded resumes on sites such as Monster or Indeed - as the most effective tool for finding candidates. T…

French rail giant Alstom to hire 7,500 worldwide The firm said it seeks to recruit 3,900 people in Europe, 1,700 in the Asia-Pacific region, 1,500 in North and South America, and 400 in Africa, the Middle East and Central Asia.

Netradyne to hire over 300 employees “Our operations in India are growing at a good pace and we need to fast track hiring of our team(s) accordingly. As the skill sets needed for our line of work are niche in nature, we would be adopting various routes to bring in these specialists from leading campuses such as IISC…

It's time to update your CVs, India Inc's is going big on hiring The demand is driven by several traditional groups and large companies going into newer growth areas, enhancing capacity and investing in digital and new business areas amid the massive disruption caused by the pandemic.

MBA grads set for pay cheer, B-school freshers may see 6.4% jump in pay packages The Aon data, shared exclusively with ET, projects a 6.4% annual increase in compensation offered to students at Indian Institutes of Management (IIMs) and top tier colleges for 2022 against 4.9% last year and near to nil movement in 20…

71% of employees rethinking their careers: Report While economies across the globe struggled with a new wave of Covid-19, the event had a significant impact on the labour market, the report by global job site Indeed revealed that as many as 71 per cent of employees surveyed said they are rethinking their careers and…

Significant percentage of India's workforce considering changing jobs in 2022: LinkedIn "As confidence in new opportunities grows, it is evident that the Great Reshuffle in India is clearly being led by job seekers, and talent is in the driver's seat right now - with flexibility as their no. 1 priority …

Gaming firms hire more women to keep pace with changing user base The US company, which has about 600 employees in India, is focusing on a two-tiered approach: inspiring female students to consider the gaming industry as a career by pairing them up with game designers and developers within Zynga for mentorship, and …

Tech hiring in India shrugs off Omicron jitters, remains buoyant Hiring action in India’s tech sector continues to remain buoyant, undeterred by the steep climb of the third Covid-19 wave. Top technology company executives said they expect a “minimal impact” on their hiring plans as clients across sectors continue t…

Future Digital Jobs: Karnataka's tech education dept & digital economy mission sign MoU The collaboration would help us to organize future digital jobs drives exclusively for students of government institutions and to provide career counseling and guidance to students in government institutions.

Manpower shortage may worsen for several sectors Several sectors - especially manufacturing, engineering, construction, real estate, healthcare and pharmaceutical - are finding it increasingly challenging to source labour.

HomeLane concludes ESOP buyback worth Rs 27 crore for employees HomeLane provided liquidity to all those who held vested Esops including active and former employees. Former employees were offered 100% liquidity, while active employees had the option to exercise up to 35% of their vested Esops. However, the active em…

Big data analytics forecasted to be the most in-demand skill in 2022: Monster Annual Trends Report With rapid tech adoption across industries and entirely tech-enabled sectors such as IT and BFSI, the role of AI and Machine learning will only continue to grow in 2022, with a significant increase in the demand for re…

McKinsey’s top executive wants to change how the firm operates Bob Sternfels, the consulting company’s new leader, discusses speeding up decision making, rethinking performance evaluations and avoiding future scandals

Meta Platforms’ head of communications leaves company John Pinette ran the company’s public relations teams since 2019