Showing posts from November, 2023Show all

Six expert tips to level up your resume as a fresher

Six expert tips to level up your resume as a fresher Experts say freshers should take special care to highlight their achievements and skills as they won’t have a body of work or experience to speak for them. Agrawal, founder and CEO of Internshala, an internship and online training platform, says there are some ef…

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Indian banks set a decadal record with 123,000 hirings in FY23

Indian banks set a decadal record with 123,000 hirings in FY23 Net headcount addition in FY23 surged 61% over FY22 and is expected to beat the record high of FY11. The record additions are being driven by aggressive hiring by private banks across functions such as customer interface, lending, assurance, and technol…

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Short of skilled hands, companies turn to apprentices

Short of skilled hands, companies turn to apprentices The findings across 700 companies show about 47% of firms intend to have 10% of their total workforce as apprentices in the next 6 months, while a substantial 31% are currently maintaining an apprenticeship share of 5-10% within their organisation.

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Generative AI a bigger threat to select white-collar jobs

Generative AI a bigger threat to select white-collar jobs In India, Gen AI could be deployed to handle around 30% or more of the time spent on tasks involved in the working week of some white-collar roles. In comparison, in many cases, less than 1% of a blue-collar worker's job in a working week could be done b…

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IT's not all: MNCs engineer shift in offshore hiring

IT's not all: MNCs engineer shift in offshore hiring Several MNCs have been shipping out research, design and engineering jobs to India, marking a shift in the profile of offshored jobs from the traditional IT and shared services support to engineering and technical or product-related roles, the experts said.��…

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Understanding the skill talent gap in the banking industry

Understanding the skill talent gap in the banking industry Compliance being stringent, major decisions even in hiring leadership talent are nominated and recommended by these governing bodies. Limitation of talent in the services rendering and knowledge teams of banks which slows down new products and ideas rollout…

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IIT Madras sees 51% increase in firms offering internships

IIT Madras sees 51% increase in firms offering internships The Indian Institute of Technology (IIT) Madras has seen a 51% increase in internship recruitment this year, with companies such as Texas Instruments, JP Morgan Chase & Co., Adobe, Procter and Gamble, and Dr Reddy's Laboratories offering internships…

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Tricky interview question: How to explain the employment gap

Tricky interview question: How to explain the employment gap “Can you explain the employment gap on your resume?” is a tricky interview question such people should be ready to answer. They should be prepared for a close scrutiny of this break. The response to this question can significantly influence the hiring dec…

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What leaders need to address in the AI-driven future of work

What leaders need to address in the AI-driven future of work As many as 74% of the executives on the LinkedIn Executive Confidence Index say generative AI will benefit their employees. As more AI-assisted technologies become available, the executives say these tools can help their organisations to optimise operatio…

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Pre-placement job offers at the IITs bring relief

Pre-placement job offers at the IITs bring relief PPOs translate into jobs in hand for the students who have accepted them, even before final placements begin on December 1 at the old IITs. For campus placement teams, it means fewer students to place in a year when many companies have slashed hiring numbers, and so…

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Razorpay offers ‘returnship’ for women on career break

Razorpay offers ‘returnship’ for women on career break “To start with, we have opened this up for various roles in our engineering team. While training them on the job, during the course of this programme we help upskill them using learning and development programmes to bridge the gap in terms of what they missed o…

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IT staff forced to work 50 hours/week to meet deadlines: data

IT staff forced to work 50 hours/week to meet deadlines: data IT employees in the country work on an average work for around 45-50 hours per week, translating around 10 hours a day in the 5-day week while the standard is 40 hours a week as a large part of them is often compelled to work longer hours to meet project…

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Companies race to campuses to have more women at finish line

Companies race to campuses to have more women at finish line Companies are targeting female graduates at leading engineering and management schools (IITs, IIMs, NITs, etc) and undergraduate colleges such as St. Stephens, Lady Shri Ram College, Shri Ram College of Commerce, and St. Xavier's College for entry-lev…

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Amid layoffs, edtech sharpens its career options

Amid layoffs, edtech sharpens its career options Organisations are listing demand for professionals in areas such as interesting and dynamic content creation, specialists in creating demand and professionals in the marketing domain, especially in functions like SEO, he says. There is also a requirement for professi…

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Independent directors' pay more than doubles in 5 years

Independent directors' pay more than doubles in 5 years The median compensation for independent directors at at India's top blue-chip companies has more than doubled to ₹72 lakh in FY23, from ₹35.5 lakh five years ago, an analysis of Nifty 50 companies by specialised executive compensation advisory firm, Ex…

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The Role of Product Management in Innovation

The Role of Product Management in Innovation Working together yields both ground-breaking concepts and the market insights that inspire them. Product innovation is a team sport that involves several individuals from various organizational levels.

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How mid-career professionals can prepare for C-suite roles

How mid-career professionals can prepare for C-suite roles Very few organisations have an effective talent development or leadership development function that focuses on a sustained leadership career development path for mid-career professionals, says Gibin Varghese, Partner, WalkWater Talent Advisors. So employees…

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Companies go on a big legal talent hunt

Companies go on a big legal talent hunt The scramble for the best and the brightest legal talent has been ignited by a constantly changing regulatory environment, rising focus on corporate governance and ethical standards, and regularly evolving GST structures. This is leading to a massive churn in CLOs, said HR co…

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