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Abhishek Sahu

Correspondent

Moneycontrol

ChatGPT and HR: Talent experts predict a “formidable partnership”

BUSINESS

ChatGPT and HR: Talent experts predict a “formidable partnership”

“There is always an underlying fear that machines and technology may replace HR. But machines and technology will not eradicate HR jobs, they will only enhance HR jobs,” Ruchi Ahluwalia, CHRO of business services major Quess Corp told Moneycontrol.

Is overhiring responsible for mass layoffs? Where were the strategists and risk managers?

BUSINESS

Is overhiring responsible for mass layoffs? Where were the strategists and risk managers?

Amid caution over the global economy, staffing experts say tech companies are reassessing their spending and bracing for a potential recession.

Budget 2023: Staffing firms upbeat on hopes of large number of job opportunities

BUSINESS

Budget 2023: Staffing firms upbeat on hopes of large number of job opportunities

Staffing firms believe the announcement in the budget would give the required impetus to India’s ability to generate employment opportunities, especially for youth.

Union Budget 2023: What is in it for salaried professionals?

BUSINESS

Union Budget 2023: What is in it for salaried professionals?

Union Budget 2023: Now, an individual with an income of Rs 15 lakh would be required to pay only Rs 1.5 lakh or 10 percent of his or her income.

Budget 2023 | Grant for lab-grown diamonds to digital library, here is what FM offered students

BUSINESS

Budget 2023 | Grant for lab-grown diamonds to digital library, here is what FM offered students

Union Budget 2023-24: The government will launch the PM Kaushal Vikaas Yoajna 4.0 to skill youth in new-age courses for Industry 4.0 over the next three years, Sitharama said

Budget 2023 | Rs 1.12 lakh crore allocated for education sector

BUSINESS

Budget 2023 | Rs 1.12 lakh crore allocated for education sector

FY24’s budget allocation for the education sector is Rs 8,621 crore crore more than the budget estimate for 2022-23.

Budget 2023: IITs to receive research grants for lab grown diamonds

BUSINESS

Budget 2023: IITs to receive research grants for lab grown diamonds

"Lab grown diamonds is a technology and innovation and energy driven sector with high employment potential," the FM said.

Budget 2023: FM announces recruitment of 38,800 teachers and support staff

BUSINESS

Budget 2023: FM announces recruitment of 38,800 teachers and support staff

The 'National Digital Library' for children and adolescents will be set up for facilitating the availability of quality books across geographies, languages, genres, and levels and device agnostic accessibilities for them.

Social service spending decreases to 8.3% of GDP, shows Economic Survey 2023

BUSINESS

Social service spending decreases to 8.3% of GDP, shows Economic Survey 2023

Allocation for education remained the same as the last two years’ revised estimate of 2.9 percent

eClerx plans to hire 8,000 people across digital, finance and operations

BUSINESS

eClerx plans to hire 8,000 people across digital, finance and operations

The company has over 20,000 employees globally and its growth segments include digital, analytics, technology, financial markets and customer operations.

ChatGPT: Educationists divided over benefits, some say it can disincentivise learning

BUSINESS

ChatGPT: Educationists divided over benefits, some say it can disincentivise learning

Educationists say ChatGPT can create personalised lesson plans and assignments and design viva questions, but the potential for plagiarism is a major concern.

ChatGPT and HR: Great support tool but not a replacement for human judgement

BUSINESS

ChatGPT and HR: Great support tool but not a replacement for human judgement

Due to its interactive nature, HR tech industry leaders feel it can quickly provide excellent employee support and help HR professionals to do away with some mundane regular tasks, and let them focus on more strategic work.

Decoding the aftereffects of layoffs: Non-tech jobs gain an edge, startups lose sheen

BUSINESS

Decoding the aftereffects of layoffs: Non-tech jobs gain an edge, startups lose sheen

The Tech sector has lost its sheen in terms of talent demand. It's not an employees’ market and startups are no longer everyone’s choice as career starters.

Avoiding layoffs: Here are the crucial checks before joining a company

BUSINESS

Avoiding layoffs: Here are the crucial checks before joining a company

Though anticipating layoffs in a company might not be easy for employees, HR and career experts feel there are a few red flag employees, especially freshers, should notice before the ship sinks.

Ashneer Grover’s suggestion to avoid layoffs: Band-aid or long-term solution?

BUSINESS

Ashneer Grover’s suggestion to avoid layoffs: Band-aid or long-term solution?

Former co-founder and MD of BharatPe, suggests salary reduction as an alternative to mass firings. Easier said than done, says many. Many others say taking gig workers on a project-by-project basis by paying them higher would be a better option.

Decoding the evolving job roles and skill requirements of the BPM industry

BUSINESS

Decoding the evolving job roles and skill requirements of the BPM industry

There are new roles that didn't exist until some years ago. For instance, Accenture Operations has campaign management specialists and social media community managers, sourcing specialists and analytics modelling experts.

More CEOs jumping ship as India Inc gauges post-COVID business scenario

BUSINESS

More CEOs jumping ship as India Inc gauges post-COVID business scenario

Stanton Chase studied data of about 240 C-level job changes across 200 companies that took place over the last two months and found that 70 CEOs and MDs had moved. Roles in HR (37), Marketing (31) and Finance (31) saw the most shifts after CEOs/MDs.

Godrej Properties to hire over 800 people across its value chain

BUSINESS

Godrej Properties to hire over 800 people across its value chain

The hiring will be across sales, architecture, engineering, relationship management, legal, strategy and finance, the company has said

Budget 2023: Educators seek tax incentives, focus on technical upskilling, footprint outside India

BUSINESS

Budget 2023: Educators seek tax incentives, focus on technical upskilling, footprint outside India

The government’s expenditure on education constituted 4.5 percent of India’s GDP in 2020, according to World Bank data.

Budget 2023 | Salaried professionals expect more options for safe investments, tax reduction

BUSINESS

Budget 2023 | Salaried professionals expect more options for safe investments, tax reduction

Budget 2023-24: With the cost of education rising, HR leaders say childcare expenses should be tax deductible up to a certain limit, and employees who have contributed to provident funds should be considered for healthcare coverage.

Indians lead in completing freelance projects for PHP and graphic design globally

BUSINESS

Indians lead in completing freelance projects for PHP and graphic design globally

Last year, clients across the world posted over 5.6 lakh PHP and graphic design projects and India-based freelancers completed 73,558 of them.

What Tata Steel looks for in candidates: Sponge and T-shaped talent

BUSINESS

What Tata Steel looks for in candidates: Sponge and T-shaped talent

Tata Steel seeks accountability, responsiveness, people development and collaboration, its HR chief said.

How Tata Steel turned to ‘diamond mining’ to retain talent: A walk-through with HR chief

BUSINESS

How Tata Steel turned to ‘diamond mining’ to retain talent: A walk-through with HR chief

In an exclusive interaction with Moneycontrol, Atrayee Sanyal, VP of HRM at Tata Steel, talks about the evolving needs of talent in the manufacturing industry, ethical moonlighting, strategies for bringing down attrition and the four-tier focus on diversity.

US-based Exusia summoned by PF Commissioner for non-payment of dues

BUSINESS

US-based Exusia summoned by PF Commissioner for non-payment of dues

Several ex-employees have alleged that the company has been deducting TDS and PF from employees' salaries but not depositing the same.