Showing posts from September, 2022Show all

Developers to ramp up hiring by over 50%

Developers to ramp up hiring by over 50% "In our endeavour to get the best talent which may not necessarily be found amongst talent with core industry experience, we undertake cross industry hiring which works well for the organisation as well as those who choose a reputed and dynamic work culture," Aradhy…

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Big four consulting firms plan to offer more jobs to freshers

Big four consulting firms plan to offer more jobs to freshers Hiring from campuses is growing as talent is in short supply, said Deloitte's chief talent officer SV Nathan. However, he said, frenzied hiring will give way to a more temperate intake of fresh talent. Some industry insiders said even as hiring may go…

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Housing.com to hire about 200 people in FY'23

Housing.com to hire about 200 people in FY'23 Housing.com -- one of the leading real estate classified platforms in India -- contributed around 80 per cent to the total revenue, and housing brokerage platform PropTiger.com the balance 20 per cent. Makaan.com's revenue was negligible.

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Startups campus hiring may see a pullback

Startups campus hiring may see a pullback ​​​ET reached out to over a dozen recruiters from the ecosystem on their campus hiring plans. While a few including Zomato, Indus Insights and ProcMart said their campus hiring targets had gone up compared to last year, others including Razorpay, Simplilearn, CashKaro and No…

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US jobless claims rise slightly, still remain historically low

US jobless claims rise slightly, still remain historically low Initial unemployment claims increased by 5,000 to 213,000 in the week ended Sept. 17, after a downward revision in the prior week, Labor Department data showed Thursday. The median estimate in a Bloomberg survey of economists called for 217,000 new appli…

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Companies push towards workforce formalisation

Companies push towards workforce formalisation A large number of the employers cited that managing an informal workforce has become extremely challenging with 45% stating that the primary challenge is to manage wages, while 21% employers find persistent skill gaps among the workforce. About 15% of employers have als…

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Formal job creation jumps 24.5% to 1.82 million in July

Formal job creation jumps 24.5% to 1.82 million in July The provisional payroll data of EPFO, released on Tuesday, however shows miniscule change in month-on-month jobs creation with July numbers nearly the same as June. EPFO had created 1.83 million formal jobs in June 2022, 1.68 million in May 2022 and 1.53 millio…

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On-campus hiring at NIT takes a momentous leap

On-campus hiring at NIT takes a momentous leap A strong line-up of recruiters, higher average salaries and a greater number of offers so far in comparison to last year at the NITs in Hamirpur, Jalandhar, Calicut, Durgapur and Jamshedpur are early signs pointing to a strong placement season.

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Leverage Edu ​looks to double workforce in next 12 months

Leverage Edu ​looks to double workforce in next 12 months Leverage Edu has hired over 1,000 employees in the last 12 months and has also quadrupled its workforce during the pandemic to strengthen teams across departments. It will now be bolstering teams in counseling, marketing, operations, product and its newly lau…

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On-campus hiring at NITs off to a good start

On-campus hiring at NITs off to a good start Last year, the highest domestic package offered at NIT Hamirpur was Rs 35 lakh by Amazon, while this year, the top domestic offer (pre-placement) was Rs 52 lakh by CRED. The average salary at NIT Jalandhar till end-August was Rs 22.73 lakh, an over 50% increase in compari…

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Dream big, your small business idea is no longer small!

Dream big, your small business idea is no longer small! Over the years, India has successfully become one of the fastest-growing economies in the world. In fact, as per a recent research report released by State Bank of India, India is at present the fifth largest economy, overtaking the United Kingdom, and is on it…

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