BUSINESS
Eldercare services become new preferred post-pandemic employee benefit
More companies are offering health coverage and other benefits for parents and in-laws as they seek the return of employees to the office.
BUSINESS
As candidates ask for deletion of personal and professional data, companies look at law firms
Under the current SPDI Rules, companies may retain data of unsuccessful candidates provided that such retention is required for any future assessment of the candidate for a suitable opportunity.
BUSINESS
Upskilling demand at edtechs jumps as GCCs become Global Competency Centres
The change signals the importance of Indian GCCs, says Anand Ramakrishnan, MD of Equiniti India.
BUSINESS
Major hospitals face huge attrition; offer ESOPs, incentives to retain employees
Fortis Heathcare, Medanta, and Yatharth Hospitals among others continue to witness employee attrition of more than 30 percent.
BUSINESS
B20 India Summit | Global execs recognise inequality as top global issue
Though inequality among countries has decreased, there is an increase in inequality within those countries, executives said.
BUSINESS
Auto majors opt for XR-painting to ensure safety, lower training cost
One of the major advantages of extended reality is the ability to simulate a conveyor belt on the shop floor for painting. It is economically impossible to have a conveyor system just for training purposes. Also, this can save the costs of stopping the conveyor belt when there is a mistake
INDIA
Two board exams, subject flexibility: All your queries on new curriculum framework answered
Union Education Minister Dharmendra Pradhan on August 23 said the government has given the curriculum to the National Council of Educational Research and Training
BUSINESS
What back-to-office? Virtual hiring interviews refuse to die down
The in-person interview is no doubt a hassle for jobseekers, especially those in non-metro cities. However, the notion that face-to-face interviews guarantee a greater chance of success in assessment and hiring is also now under question, thanks to pandemic-forced interventions.
BUSINESS
Bullish on India | Why these top academics returned after a stint abroad
Of late, several Indian higher educational institutions have seen academicians joining them after working abroad. This, they say, is because the country’s rising position in the global arena led by rapid economic growth is making people who migrated rethink.
BUSINESS
Online gaming industry looking at layoffs, hiring pause after 28% GST move
The current active talent demand from major Indian gaming firms is just under 90 job openings, a significant drop from a cohort that is otherwise in mid-three-digit figures, shows data put together for Moneycontrol by Xpheno
BUSINESS
How a 23-year-old gamer bagged Chief Gaming Officer role with a Rs 10 lakh package
"My parents were surprised that something they used to scold me for would one day make me India's first CGO. Before this, my parents had old-fashioned beliefs and didn't think I could ever turn gaming into a career," 23-year-old Shwetank Pandey told Moneycontrol.
BUSINESS
India Inc ‘shifts’ game to counter gender stereotypes
Women-centric shifts are not just limited to factories or white-collar jobs. Companies have employed women in crucial roles such as security, in large numbers.
BUSINESS
Culture-building sessions undergo change in the post-pandemic world
Companies are seemingly eager to emphasise their ability to quickly adapt and reach out to employees in their time of need. At culture-building sessions these days, the menu ranges from leadership sessions showcasing corporate business continuity plans to comprehensive health benefits, among a host of others.
BUSINESS
India Inc plans to scale up manager-less teams to reduce turnaround time
To be sure, there is no one-size-fits-all approach when it comes to constituting such teams. Every organisation has its own personalised model to decide which department and employees are eligible for self-driven teams or SDTs
BUSINESS
Independence Day 2023 | These major India Inc firms are hiring army veterans
Firms like Amazon India, Marsh McLennan, JP Morgan, and Carelon Global Solutions India have been looking for military veterans ready for another challenge and helping them shift to the corporate culture after serving the nation.
BUSINESS
Tier 2, 3 city candidates see rising success rates in securing government positions
Banking as a career option has risen in popularity in recent years. Contrary to the initial assumption that the sector might be less popular in tier 2 and 3 cities, data shows a different trend
BUSINESS
Talent demand in pharma industry drops 20%, newer skills get a boost
For six straight quarters, specialised talent search firm Biojobz saw around 25-30 percent increase in fresh positions and a similar jump in replacement hiring. However, fresh hiring, a marker of growth, has come down to around 10 percent since Q4 2023
BUSINESS
Startups hike salaries by 8-12%; stock options gain ground: Report
About half the companies were looking at offering additional equity grants, largely in response to subdued cash increments.
BUSINESS
Actual hiring of new talent to remain subdued in 2023 even as hiring intent remains strong: Report
The TeamLease EdTech study says the top three industries with the highest hiring intent for freshers are e-commerce and technology startups (59 percent), telecommunications (53 percent), and engineering and infrastructure (50 percent).
BUSINESS
Red dress, ‘Scooter Ride’: Companies help employees tackle the first day of the workweek
A study published by Lehigh University found that operations performance on Mondays was “worse than other weekdays”. Even social media is regularly flooded with memes and jokes about the ‘Monday blues’.
BUSINESS
Grant Thornton Bharat goes metaverse way to onboard new employees on virtual office
Built using 4 percent of the total HR budget and internal tech team, Grant Thornton has conducted 3-4 Monday inductions with around 40 people so far. The company plans to onboard 10,000 new employees in the next three years.
BUSINESS
Projects requiring niche tech skills lose sheen among Indian freelancers: Report
As for tech jobs, the freelancing portal sees two main trends: an increase in iOS development in the form of iPad, iPhone and Objective C skills, and a rise in network administration
BUSINESS
Amid a sea of pink slips across the industry, these edtechs are hiring
While domain expert tutors remain among the most in-demand professionals, there is a substantial requirement for content creators and techies.
BUSINESS
Generative AI-based software HYRGPT eliminates first 2 steps of hiring
The software does away with traditional hiring methods where recruiters manually scan each CV and then reach out to shortlisted candidates for interviews.
