India’s white-collar job openings at 30-month high in May The number of vacancies accepting applications in May was 61% higher from a year earlier and 8% more than last month’s 305,000, showed the data put together by specialist staffing firm Xpheno. Pre-Covid, the monthly average number of vacancies was around 230,…

A wrapup of the key takeaways as industry leaders share vision of tech-led job roles and skills of tomorrow The ET Future of Jobs 2022 brought together industry leaders and experts to share insights on the job roles and skills that will define the technology-led future of industries.

Telecom Sector may see job openings doubling to 38k in FY23 as 5G Looms The current scale and pace in the telecom industry is driven by "the rapid evolution of new technologies like AI, the Internet of Things (IoT), 5G, advanced data analytics and Edge computing," said Deval Singh, business head - telecom,…

How CPA Australia and the CPA Program can act as a stepping stone for serving international clients Innovation is at the core of everything that Mayur Panchal CPA (Aust.) does, whether in his accounting business or personal development.

27.3 million people in India need digital skill training immediately: Amazon Web Services Amazon Internet Services Private Limited (AISPL) Head of Business Development for Education & Training Amit Mehta said that the digital transformation wave is a unique opportunity where India can be a global talent pool and…

Investing in skills of future can add USD 8.3 trillion to global economy: WEF The Reskilling Revolution initiative, a coalition of 50 CEOs, 25 ministers and 350 organisations committed to realising these gains for their economies, societies and organisations, marked two years of progress at the World Economic Forum …

Explained: Why Indian techies are leaving their jobs

Hiring may slow down soon as Russia crisis, rising rates bite Leading recruitment firms and HR experts said the second half of the calendar year may see a 10-20% slowing down from current levels across replacement hiring as well as new job creation, with companies pulling back on astronomical hikes and counteroffers…

India Inc optimistic about new job openings in FY23: Report According to 'The 11th Hiring, Attrition and Compensation Trends Report 2022-23' by Genius Consultants, 72 per cent corporates believed that there will be vacancies opening up for new positions, while 18 per cent indicated towards replacement hiring…

Net new EPFO enrollments cross all records at 12.2 million in FY22 Even the net new enrollments in March at 1.53 million were the highest addition in a month in the last fiscal and a jump of 19.5% compared to February when it stood at 1.28 million, shows the provisional data.

Maruti accepts Haryana's job quota policy after securing concessions After an intervention by Haryana CM Manohar Lal Khattar and his deputy and industries minister Dushyant Singh Chautala, the country's top carmaker dropped its opposition to the contentious clause as it announced plans to invest Rs 18,000 cr…

Senior executives in India may get an 8.9% salary increase in 2022: Survey The median CEO compensation for 2022 has reached Rs 7.05 crore, revealed the survey that analysed data across 475 companies from more than 20 industries. Among top five sectors, manufacturing leads in salary hikes for senior executives at 9.3…

Opportunities in 5G phenomenal, to spawn new jobs in India: K Rajaraman, Secretary, DoT The onset of new services will also necessitate setting of new types of network equipment, especially in rural, remote and hilly areas, the official said. “So therefore, we must promote the skilling of people to handle this.”

At ET Future of Jobs 2022, industry leaders will explore the jobs and skills that will be critical tomorrow As part of ET’s Future Series, the ET Future of Jobs 2022 Summit will convene industry leaders, experts, and innovators on Friday, May 20 for incisive conversations on the jobs and skills that will define the …

Global Capacity Centres in India to add 2,00,000 jobs in FY22 Companies on top of the hiring action include Amex, Bank of America, Wells Fargo, Citi, Barclays, Morgan Stanley, HSBC, Standard Chartered, Goldman Sachs, Amazon, Target, Walmart, Shell, GSK, Abbott, Pfizer, J&J, Novartis, and AstraZeneca, among other…

Job guarantee tops priority list for freshers while choosing upskilling programme: Survey 90% of respondents wanted upskilling courses with a job guarantee, and only 4% were accepting a programme that did not offer a job guarantee. Similarly, nearly 82% of respondents feel that the crucial aspect to consider while c…

HCL Tech to double headcount in nearshore locations in 3-5 yrs: CEO IT services company HCL Tech plans to double its headcount in nearshore locations over the next 3-5 years, CEO C Vijayakumar said and asserted that the Russia-Ukraine war has not impacted demand from Europe. HCL Tech employs about 10,000 people in a…

Amid edtech layoffs, Kota factories going big on hiring Resonance Kota managing director RK Verma said, "Things are looking up after the pandemic. The Allen deal is an affirmation of that positive outlook and is good for Kota in general. We are focusing on our traditional strength of in-person, offline classes …

Fresh techies seeking greener pastures in first year Attrition among BE/BTech graduates in 2022 is higher than other degree holders including bachelors and masters of business administration, pharmacy, engineering and technology, according to the Deloitte Campus Workforce Trends survey shared exclusively with ET.���…

Jobs return to India Inc: Temp hiring sees record off-season numbers Manufacturing, retail, fast-moving consumer goods and durables, ecommerce, logistics, edtech, fintech, BFSI and NBFC, and telecom industries are all hiring, as are newer clients in electric vehicles (EV), solar and renewable energy, staffing firms …

Broking Houses doling out mega bonuses, increments Leading discount broking platform 5paisa.com has given an average salary increment of 15% this year, up from 12% a year ago. The top performers got much more than that, said Pankaj Adhav, head HR business partner.

Railways cuts flab, surrenders 72,000 'non-essential' posts in 6 years According to the documents, the 16 zonal railways have surrendered 56,888 "non-essential" posts during the financial years 2015-16 to 2020-21, with 15,495 more scheduled to be surrendered.

Optimism for hiring workforce at 11-year high: Report As the economy recovers from the onslaught of the Covid-19 pandemic, the optimism for hiring among India Inc is at an 11-year high, as per data analytics firm Dun & Bradstreet. A report by TeamLease on Thursday showed that a majority of jobs are now Covid-pro…

RIL-backed Fynd to hire over 1,200 engineers this year The company aims to tap the Ahmedabad market as the city has an enormous pool of tech talent that prefers working from their own city/state compared to shifting to other cities like Mumbai and Bangalore.

Annual salary hikes inch closer to pre-Covid levels; to be around 8.13% this year: Report The median salary increment this year is likely to be around 8.13 per cent as the country recovered from the after effects of pandemic-related disruptions, a report said. According to the 'Jobs and Salary Primer Report for …

Most jobs Covid-proof now; pay near normal: TeamLease Services Jobs and Salaries Primer 2022 On the salary front, top paymasters for 2022 include ecommerce and tech startups, healthcare and allied industries, IT and knowledge services, which saw increments of more than 10%.