Showing posts from March, 2023Show all

CXO hiring unfazed by downturn in job market

CXO hiring unfazed by downturn in job market Even hiring in technology sector - which has seen a sharp comedown overall - continues at senior levels, especially for niche skills in areas such as cloud, artificial intelligence and automation, as companies across sectors focus on digitising businesses. IT services fir…

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Trends shaping the future of jobs amid layoffs

Trends shaping the future of jobs amid layoffs Despite confusion surrounding market conditions, layoffs, and AI impact, some Indian companies are hiring judiciously. Ernst and Young's "Future of Pay" report identified positive hiring sectors including cement, steel, auto components, renewable energy, a…

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Bit-by-Bit, Indian Semiconductor firms build talent pool

Bit-by-Bit, Indian Semiconductor firms build talent pool Companies are also focusing on building up fresh talent on campuses. Analog Devices provides a platform for university students under its Anveshan initiative, for building or prototyping complete system designs. The programme has helped to identify key talent …

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FMCG executives in demand as biggies jostle for talent

FMCG executives in demand as biggies jostle for talent In the last four months, the FMCG arm of Reliance Retail Ventures has announced entries into soft drinks with the Campa and Sosyo Hajoori brands it had acquired; beauty soaps with Glimmer; and natural and hygiene categories under Get Real and Puric brand names, …

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Enabling platforms for gig workers and their future

Enabling platforms for gig workers and their future A NITI Aayog report reveals that gig workers in India have increased to 7.7 million in 2020-21 and will reach 23.5 million by 2029-30. However, gig workers face challenges such as lack of access to formal credit, skill development opportunities, benefits, and prote…

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Hitachi Payment Services appoints Sumil Vikamsey as MD

Hitachi Payment Services appoints Sumil Vikamsey as MD Sunil Vikamsey has been associated with the company since 2010 with experience in finance, strategy, and development, analytics, and allied business domains. Rustom Irani will retire as the managing director and will continue to be an advisor after the appointme…

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Startup versus Corporates: What’s best for you

Startup versus Corporates: What’s best for you The decision between working for a startup and an established company has a significant impact on the next few years of a GenZ's life. Startups prioritize employee comfort, offer a plethora of opportunities, and allow for personal growth, but insecurity, low pay, an…

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India Inc's Q1 hiring intent slips 4%: Report

India Inc's Q1 hiring intent slips 4%: Report According to the survey, which covered over 800 small, medium and large companies in 14 industries, 64% of the firms plan to increase their manpower resource pool in Q1 of FY24, down from 68% in Q4 FY23 as companies turn more cautious about their hiring plans.

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Hiring of tech talents increasing in EPC sector: Report

Hiring of tech talents increasing in EPC sector: Report Following positive sentiments around the 2023 Budget, the EPC sector is witnessing a rise in hiring of tech talents, both top-level management and freshers, according to CIEL HR Services report 'Employment Trends Today in EPC Sector in India - February 2023…

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Leadership traits executive recruiters look for

Leadership traits executive recruiters look for The average tenure for C-suite roles is approximately 4.9 years, and executive recruiters are often the first port of call for companies and leaders when searching for suitable candidates. When recruiting a new leader, one must ensure that they possess self-motivation,…

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