Micron to hire over 1,800 engineers in three years Micron Technology President and CEO Sanjay Mehrotra said that the company sees the opportunity for new semiconductor designs to solve problems that are unsolvable in the past. "I'm very proud of what we have accomplished in India and the continued transform…

Govt survey shows rising trend in organised sector employment: Bhupender Yadav The Ministry of Labour and Employment (MOLE) on Thursday released the report of the Quarterly Employment Survey (QES) for the period October-December 2021 period.

M&As, talent war put CXO severance packages in focus As more acquisitions happen and the war for talent intensifies, severance pay agreements in India are witnessing a shift. An increasing number of CXOs who have equity as a significant part of their compensation are now asking for an accelerated vesting clause …

HCL sweetens deal for freshers with better pay HCL Tech reported an operating margin of 18% for the quarter ended March 31 and 18.9% for the full fiscal year, which were at the lower end of estimates due to higher employee costs and a seasonal dip in its products and platforms (P&P) business. The entry level com…

Salaries head north at all levels as EV companies race for talent Salaries have gone up in all levels as EV manufacturers poach and get poached. They are also hiring from adjacent industries. At the top, senior executives are often getting a 50% or higher jump in salaries, while at the mid-level the increase is almo…

What's behind India's shrinking labor force?: CMIE Chief Mahesh Vyas explains

Formal job creation remains uneven for second month in a row The provisional payroll data by the ministry of statistics and programme implementation, released on Monday, shows net new subscriber addition under the EPFO grew 2.9% month-on-month to 1.41 million in February compared to 1.37 million added in January 202…

Majority of India’s 900 million workforce stop looking for jobs With India betting on young workers to drive growth in one of the world’s fastest-expanding economies, the latest numbers are an ominous harbinger. Between 2017 and 2022, the overall labor participation rate dropped from 46% to 40%. Among women, the dat…

HCL sweetens deal for freshers with better pay HCL Tech reported an operating margin of 18% for the quarter ended March 31 and 18.9% for the full fiscal year, which were at the lower end of estimates due to higher employee costs and a seasonal dip in its products and platforms (P&P) business. The entry level com…

CXO hiring likely to touch a new record this year Demand is coming in across sectors - led by digital and tech, but also buoyant across consumer, manufacturing, infrastructure, industrial, banking and financial services, automotive, clean energy, healthcare and lifesciences, among others, experts said.

Over 1.5 lakh active job offers across various sectors on NCS portal: Govt "The NCS portal has more than 1.5 lakh active vacancies across all regions in the country, spanning across different growing sectors like IT and communication, wholesale and retail, civil and construction works, government jobs, etc... S…

Infosys justifies non-compete clause in job contracts Infosys also points out that the conditions are fully disclosed to all job aspirants before they decide to join Infosys.

CXO hiring likely to touch a new record this year Demand is coming in across sectors - led by digital and tech, but also buoyant across consumer, manufacturing, infrastructure, industrial, banking and financial services, automotive, clean energy, healthcare and lifesciences, among others, experts said.

Over 1.5 lakh active job offers across various sectors on NCS portal: Govt "The NCS portal has more than 1.5 lakh active vacancies across all regions in the country, spanning across different growing sectors like IT and communication, wholesale and retail, civil and construction works, government jobs, etc... S…

Saving on commute, health and safety and more family time top reasons why employees choose WFH: Survey Companies are planning to hire more employees in the next 12 months compared to the preceding 12 months. Percentage of companies wanting to hire between 25-50 employees have grown from 8% to 25% while for companies…

Majority of professionals may seek new jobs in next 6 months: Report The report with data-backed insights drawn from a survey of 3,069 respondents across 15 sectors in 12 APAC markets, including India, gives a depiction of what the talent market looks like today, and how it will likely pan out over the year.

Over 8.25 lakh jobs created under PMEGP in FY22: Govt According to the ministry, this is for the first time since the launch of the Prime Minister Employment Generation Programme (PMEGP) Scheme in 2008, that Khadi and Village Industries Commission (KVIC) has established over one lakh new units in a financial year.��…

Hospitality, beauty & wellness jobs show big rise in Jan-Mar, shows apna.co data The beauty and wellness sector, which was one of the worst impacted sectors of the lockdown and restrictions when the Covid 19 pandemic started in 2020, showed an 80% increase in job openings in Jan-Mar compared to the previous quar…

Only way to get women back to office - don't try More than 90% participants said they either want to work in hybrid mode (a mix of work from office and home) or complete work from home, as per the survey by recruitment and staffing services firm CIEL HR Services which covered about 700 women who had joined the w…

Indian job market shows highest growth of 6% y-o-y in March: Monster Employment Index Even as a marginal dip of 2.4% was witnessed in month-on-month hiring activity, owing to appraisal season, the index remained positive from an annual perspective as recruitment activity continued across a broad range of sectors. In…

Healthcare segment continues to see increase in hiring, shows report “With the additional pressure on the medical infrastructure in the past and in the coming future, the understaffed healthcare industry has gained much-needed attention,” said Sidharth Agarwal, director, Spectrum Talent Management.

More professionals could quit their jobs in next six months, says new survey India ranks the highest in terms of professionals wanting to move out, among all the markets covered in the larger Asia Pacific survey titled The Great X. This is despite the fact that people churn has been happening in the country for some…

Essential Communication Strategies for LeadershipSuccess

Winzo expects to generate over one lakh jobs from gaming business over the next year As of date that number has grown to 1 lakh influencers who are earning Rs 75,000 to Rs 1 lakh on an average per month. We expect the numbers to double, that is to become 2 lakh within the next one year and their payout is also expec…

Only way to get women back to office - don't try More than 90% participants said they either want to work in hybrid mode (a mix of work from office and home) or complete work from home, as per the survey by recruitment and staffing services firm CIEL HR Services which covered about 700 women who had joined the w…