ESIC scheme adds 15.26 lakh new members in December June, July and August figures show an increase in enrolments after easing of COVID-induced restrictions by states post the second wave of the pandemic that hit the country in mid-April last year.

Formal job creation surged in December 2021, shows new payroll data The NSO report is based on the payroll data of new subscribers of various social security schemes run by ESIC, the Employees' Provident Fund Organisation (EPFO) and Pension Fund Regulatory and Development Authority (PFRDA). It has been releasing…

More blue-collar jobs up for grabs as economy opens up Data from QJobs, an online employment platform that is a part of staffing services company Quess Corp, show the month of February clocked more than 1 million active blue-collar job openings. These included 800,000 new jobs, the highest number of fresh vacancies …

Remote work model sees a rise in compensation for employees in India: Indeed Report As per the new report, 60% of the employees surveyed say remote work has been the biggest work trend, post-pandemic, followed by hybrid work (42%). Employers share a similar view, with 64% considering remote work, followed by hybrid …

Job guarantee model offered by edtech firms is picking up traction in India The war for talent has been about acquiring digital skillsets, said the recent Aon Salary Increase Survey, which put attrition at 21% in 2021, the highest in around two decades.

513 IIM Bangalore students bag 662 offers; consulting and product management domains lead recruitment Overall, there has been a 37% increase in the number of offers YoY, driven primarily by Consulting and Product Management roles. “Strategy Consulting continued to be the most sought-after role among the students, fo…

513 students get 662 offers at Indian Institute of Management Bangalore There were 71 offers overall in the Finance domain. Among banks, Goldman Sachs made the maximum of 22 offers followed by Avendus Capital (7), Citi Bank (5) and Deutsche Bank (5).

Four in 10 workers in India could switch jobs this year: Survey The study was carried out between August and December 2021, and includes 1,024 respondents of 18 years of age or older employed full-time across a range of industries in India.

Six in 10 employees sit for almost nine hours at work: Survey ​​When the respondents were asked what they could do differently, 73% of employees did not know while only 27% had said that they had tried standing as an alternative posture. The fundamental cause of these problems is the long hours that users spend seat…

Akasa Air plans to hire 350 cabin crew and pilots by March 2023 Akasa Air is out in the market to hire about 300-350 cabin crew members and pilots by March 2023.

IT firms hire freshers in record numbers to arrest attrition IT companies including TCS, Infosys, Wipro, Cognizant, HCL Tech, Tech Mahindra, Accenture, Capgemini and others have already added over 2.3 lakh new graduate talent in fiscal year 2022- a record figure - and have conveyed plans to expand their fresher hiri…

Indian women freelancers see rise in income as demand for gig workers increase Professional women freelancers in the country observed a substantial increase of 42% in their average hourly earnings rate to $22/hour in 2022 against $14/hour in 2020, according to a global survey by American digital payments services co…

Formal job creation jumped by 16.4% in December 2021 Month-on-month, EPFO registered a growth of 19.9% in December compared to November 2021 with the labour ministry revising down the net new additions in November from 1.39 million earlier to 1.21 million now.

Tata Technologies to hire 1,000 more people in FY23 to support growth Tata Technologies has been growing rapidly on the back of the move to autonomous, connected, electrification and shared (ACES) mobility and accelerated investment in digital as manufacturing companies adapt to meet new and evolving customer needs.…

Is India's gaming industry set to take off and create jobs for Gen-Z? The pandemic, leading to several lockdowns and restrictions has changed the landscape of the gaming industry in India, which is one of the leaders in the global market today. India's internet penetration is estimated at 30 per cent.

Employers' intent to hire freshers rises by 30% for Jan-Jun The economic revival and focus on growth are the key reasons driving the upbeat movement. The report noted that data analytics, investment banking, cybersecurity, AR/VR and content writing will be most sought after, while job roles like digital marketin…

Old economy companies warm up to hybrid work culture for employees Companies such as Ceat, Tata Steel, ITC, Mahindra Finance, Thermax and Forbes Marshall are allowing flexible work options including hybrid working involving two-three day work from office and rest remote, permanent remote working, work-from-home (WFH…

Employers keen to hire more freshers The hiring intent across all categories of job seekers in India - fresh or experienced - has risen to 50% from 31% over the same duration.

Companies reverting to pre-Covid levels of increment; average hike seen at ~9% in 2022: Mercer study Across all employee categories, increments in tech was back to 2019 levels of 9% and higher than all industries average of 8% for 2021. Over a four-year period of 2018 -21, the median to median increase in tech salar…

Salaries in India expected to increase 9.9% in 2022, highest in five years: Aon Survey According to the survey, which analysed data across 1,500 companies from more than 40 industries, this is the highest hike in the last five years. The industries with the highest projected salary increases are e-commerce, venture …

FMS Delhi students receive highest-ever average pay package This is one of the best placement seasons at FMS Delhi. All students sitting for the placements have job offers. 12 students have taken placement holidays to pursue entrepreneurship.

Top ecommerce companies, startups step up campus hiring at B-schools Placement cells at management schools, including the Indian Institutes of Management at Kozhikode and Indore, Symbiosis Institute of Business Management, Pune, also confirmed the sharp jump in hiring by such companies this year.

IIM-Udaipur's MBA programme in global supply chain management records 100 per cent placement Professor Janat Shah, the director of the institute, said, "With 100 per cent of the batch placed much before the course ends, it is indeed gratifying to see the continued faith and support of the industry in the on…

Tata Administrative Services (TAS) makes highest number of domestic offers in Cluster 2 of IIM Ahmedabad final placements The second cluster for the PGP batch of 2022 mainly comprised six cohorts: Advertising & Media, Conglomerates, Consumer Goods & Durables, Consumer Services, Pharma & Healthcare and Re…

Gender gap's closing, at least in the IT sector Most of them are now chasing a target of 45-50% for female employees in their total headcount in the coming quarters, with several initiatives lined up, like increased campus and lateral hiring, building leadership pipelines and skilling focused on women.