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All you need to know about HCL's First Careers program
HCL Technologies has announced a ‘First Careers’ program, which it says will help college graduates get their first step right in building their global IT career. According to the company," the advantage of HCL First Careers program lies in its ability to identify your first job at HCL, train you to be successful in it within 6 months and place you in it at the end of training."
Hiring activity in India grows by 43% annually in October 2021: Report
Demand for tech professionals continued to soar as the sector witnessed a significant 85% Y-O-Y growth in Oct’21. The upcoming launch of 5G and related services coupled with the government’s product linked incentive scheme (PLI) and the recent relief package for players in the field has boosted employment opportunities in the Telecom/ISP sector that grew by 84% in Oct ’21.
White collar job openings rose to a 20-month high in October
Entry-level openings formed the bulk of the overall volume at 31 per cent, up by one per cent. Mid-junior openings, which is 28% of the volume, grew by 13%, followed by mid-senior roles, which at 23% of the volume, was up by 11%.
ANS Commerce to hire over 400 employees in FY22
ANS Commerce said it has taken steps to "reduce the impact of conscious or subconscious biases" while recruiting talent and encouraging equal opportunities for everyone. "The hiring assessment will be based on objective tests, exercises, and assignments so that candidates can demonstrate their skills, as it will be the core criteria for recruitment. The company is also trying to mitigate language barriers so that candidates can interact in their preferred language choice," it added.
Fireworks start in job market ahead of Diwali
Job openings are at a new high and the competition for talent - especially those in technology - is at a level not seen in many years, more than half-a-dozen recruitment firms and job sites told ET.
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Cognizant plans employee sops to arrest highest attrition rate among peers
Cognizant clocked an attrition rate of 33% in the quarter ended September 30, far exceeding those recorded by TCS (11.9%), HCL Technologies (15.7%), and Infosys, Wipro and Tech Mahindra (20%).
India’s Top 5 IT firms nearly matched FY21 hiring numbers in H1 FY22
TCS, Infosys, Wipro, HCL Technologies and Tech Mahindra Ltd added 122,546 employees in April-September 2021. That compares an estimated 138,000 people that were onboarded in the fiscal ended March 31.
Hiring boom in financial services amid deals, IPO rush, digitisation
Across hierarchy levels – including middle and junior management – there is an average 30-50% pick up in hiring activity, while some have even increased their team strength up to four times compared with pre-pandemic days, according to top company officials and HR heads.
Vedanta building pipeline of women CXOs across group
Vedanta has linked gender diversity goals to the top management’s KPI (key performance indicator) with an aim to catapult women to the group’s top 200 leaders within a fixed time frame of six to 18 months, said Madhu Srivastava, group chief HR officer of Vedanta Ltd.
NSDC partners with Global Partners to launch skill impact bond
Along with the NSDC, the global coalition comprises of HRH Prince Charles's British Asian Trust, the Michael & Susan Dell Foundation (MSDF), The Children's Investment Fund Foundation (CIFF), HSBC India, JSW Foundation and Dubai Cares, with FCDO (UK Government) & USAID as technical partners.
Hiring activities increase in current quarter, says report
The buoyancy in hiring activities reflect the increase in economic activities, mass vaccination drive carried out by the government in the last few months and ebbing of the second COVID wave, it added. Non-IT sectors such as legal and human resources also witnessed a substantial increase in job opportunities in the third quarter of FY22.
Shipsy rolls out career reboot programme
“Diversity and inclusion lie at the core of Shipsy. We celebrate and honour individuals’ decisions and commitment towards other important areas of life, be it a family, nation, health, exploring a different career choice, or pursuing a hobby. We believe in creating equal opportunity for all and have made progress towards broader and dynamic representation,” said Soham Chokshi, CEO and co-founder of Shipsy.
14% employment rise in Q3 2021 from Q3 2020: Michael Page India
“The current quarter has seen a 14% increase in hiring. But looking at the larger picture, we are seeing an increase by over 50% growth in job closures as compared to last year,” said Nicolas Dumoulin, Managing Director, Michael Page India.
LTI to hire 5,500 freshers in FY22 to meet demand
LTI is building a larger talent pool through fresher hiring, non-tech hiring, upskilling of in-house talent and more on the back of broad-based demand from the new normal across industries and newer areas like ESG and cybersecurity, its CEO and managing director Sanjay Jalona said.
B-school internships bounce up with sentiment; stipends at top institutes rise up to 67%
Average stipend for the two-month internship was ₹2 lakh or more across most campuses; for FMS, IIM Lucknow and XLRI, it's the highest ever. At FMS, it was ₹2.62 lakh; at IIM Lucknow, ₹2.6 lakh; at XLRI, ₹2.56 lakh; at MDI Gurgaon, ₹2.4 lakh and ₹2 lakh at IIM Kozhikode and IIM Indore.
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Even with a dream job, you can be antiwork
There are many potential reasons for workers’ reluctance to work terrible jobs.
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