Guess which sector faced highest attrition in 2020

Big salary hikes may be a thing of the past at India Inc

Consultants are of the view that salary hikes over 10% are unlikely before 2024. Only after the entire population is vaccinated and an economic recovery is on in full swing will things look up on the salary front, they opine

XLRI-Xavier School of Management completes final placements; average salaries rise

Average salary increased to Rs 25.08 lakh per annum this year from Rs 24.3 lakh per annum in 2020.

RBI Office Attendant Recruitment: Notification out for 841 vacancies @rbi.org.in; check here for other details

Interested and eligible candidates can apply on the RBI's official website i.e. rbi.org.in. According to the notification, the application forms are available from today and the last date for applying is March 15.

India Inc likely to offer 7.7% average salary hike in 2021, Aon survey reveals

The Salary Increase Survey by professional services firm Aon showed that 88 percent of surveyed companies reported that they intend to increase salaries in 2021 in India.

UK jobless rate hits 5.1% as Rishi Sunak readies more job support

Separate data from the Office for National Statistics showed that the number of employees on company payrolls in January rose by 83,000 from December, the second monthly increase and its biggest since January 2015.

Female participation in workforce rises 17% in December 2020, shows EPFO data

Gender-wise analysis of EPFO payroll data for December, 2020, also showed that the share of females in the workforce stood at approximately 23 percent.

Startups in edtech, logistics, gig economy will drive the job market: Report

More than 50 percent of the companies said they would step up hiring in the March quarter.

Want to get an employment guarantee? This is the course you should pursue

The India Skills Report 2021 showed that BE/BTech and MBA have the highest employability score of 47 percent.

On track to bring in more new hires in Q1 2021 than ever before: Cognizant

The US-based company, which has over two lakh employees in India, expects to hire more than 23,000 fresh graduates this year in the country.

Indian tech industry to add 1.38 lakh jobs in FY20-FY21

The fast-paced growth that India's technology industry has been witnessing in the last few quarters is here to stay, as a majority of CEOs surveyed by industry body Nasscom expect to see significantly higher growth and hiring than 2020 as more companies adopt technology to grow their business in the post pandemic world. As part of its annual strategic report shared on February 15, Nasscom also said the size of the technology industry is estimated to grow 2.3 percent to $194 billion for the year ending March 2021, compared to $190 billion last year. Exports stood at an estimated $150 billion from $147 billion last year. The industry grew 7.7 percent in FY20. Indian tech contributed ~8% relative share to the national GDP, with 52% relative share in services exports, and 50% share in total FDI (Based on FDI inflows for the period April to September 2020). The report further said that the Indian tech industry continues to be a net hirer with significant focus on digital upskilling. The industry is expected to add over 138,000 net new hires in FY2020-21, taking the total employee base to 4.47 million in FY2020-21. Digital talent pool is expected to cross 1.17 million, growing at 32% over last year. Moneycontrol's Chandra R Srikanth caught up with Nasscom President Debjani Ghosh and Nasscom chairman UB Pravin Rao. Listen in

Nasscom CEO Survey 2021: Indian tech industry to add 1.38 lakh jobs in FY20-21

CEOs surveyed by industry body expect growth to take place in the digital space. Companies upskill 2.5 lakh employees in the digital space every year. Deal value for cloud grew 80 percent between April and September 2020, compared to October-March 2020 at the back of COVID-19.

Lufthansa fires 103 Indian cabin crew members citing COVID-19 pandemic impact: Report

The severance package was only a month’s salary and some of the terminated staff were employed with Lufthansa for close to 15 years, according to a news report.

Launch urban employment guarantee scheme, Jean Dreze tells Govt

The suggestion was made by Dreze at a three-day International Conference on Gender Equality (ICGE II 2021), organised by the Gender Park under Kerala governments Department of Women and Child Development in association with UN Women on Thursday.

Hiring activity remains stable in January 2021: Monster Employment Index

Agro-based industries and media/entertainment have grown by 15 percent and 2 percent respectively in January 2021 compared to the same time last year.

TCS to recruit 1,500 tech staff in UK

The Mumbai-headquartered company has grown its business in the UK almost four-fold over the last decade entirely organically, making it one of the largest providers of IT and IT-enabled services in the nation. TCS is also one of the UK's largest recruiters of IT talent.

Heineken to cut 8,000 jobs as virus takes fizz out of sales

Heineken, the world's number two brewer, said it recorded a net loss of 204 million euros ($247 million) in 2020, a 109 percent fall in profits from the year before.

Governor Bhagat Singh Koshyari takes dig at Maharashtra govt over job for athlete

The governor, who has in the past been critical of the Maha Vikas Aghadi (MVA) government on certain issues, made the remarks on Wednesday at an event in Nashik district.

Watch: The Jobs Bonanza From Budget

One of the big themes of the budget 2021 was a big push to public spending. The budget also lays special emphasis on shoring up infrastructure and not to forget the big privatisation push. But what happens when the govt decides to spend money on building roads or improving rail networks? It creates jobs! In this video, Moneycontrol decodes the job bonanza from the budget 2021. 

Union Budget 2021 to create job opportunities for white-collar workforce: Experts

While the Budget announcements are aimed at spurring job creation for blue-collar workers, human resource (HR) experts are of the opinion that the proposed schemes and outlays also carry ample potential of creating white-collar jobs.

Managing Up: How to deal with a bad boss during COVID-19 quarantine

By this point, those of us who have moved to working from home have figured out the big stuff. Nearly a year into the pandemic most of us are making it work, but there are certain things about communicating digitally that don’t always translate so easily, and of those things, experts said, is how we communicate with our bosses.

Budget 2021: Labour ministry outlay marginally lower even as jobs creation stays in focus

The Labour ministry has been allocated Rs 13,306 crore for 2021-22 against revised budget of Rs 13,720 crore for 2020-21.

Siemens Energy to cut 7,800 jobs in bid to raise margins

"The energy market is significantly changing which offers us opportunities but at the same time (it) presents us with great challenges," Chief Executive Officer Christian Bruch said.

Budget 2021 | Investment focus on infrastructure, manufacturing to create job opportunities: HR experts

Further, the announcement of social security benefits to gig workers and platform workers and the proposed setting up of a portal to collect information on gig workers will create the right impetus for remote and flexible work, the experts said.

Budget 2021: Education sector gets Rs 93,224-crore boost

But when compared to the Budget Estimate 2020-21, there was a 6.1 percent decline in the allocation for the country's education sector in today's budget announcement.