TeamLease Services

Corporate India is likely to see salary increments in the range of 8.6 per cent to 10.2 per cent across industries this financial year, primarily driven by sustained demand for skilled and execution-focused talent, a report said on Tuesday. TeamLease Services' report, Jobs and Salaries Primer 2026-27, projects average salary increments of 8.6 per cent to 10.2 per cent, mainly led by high growth sectors including EV and EV Infrastructure, FinTech, Healthcare and Pharmaceuticals. "India's salary landscape in 2026-27 is becoming more differentiated and execution-led. Increment trends are increasingly being shaped by sector-specific growth and specialised skills. At the same time, compensation growth is no longer concentrated only in traditional metro markets. "Emerging cities are steadily strengthening their position in the talent economy, supported by industrial expansion, enterprise investments, and evolving business ecosystems," TeamLease Services Senior Vice President Balasubramani

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TeamLease shares rallied over 11 per cent after the government brought all four labour codes into effect, starting Friday

Recruitment firm TeamLease said that it added 11,000 people during the September quarter, including 315 net additions in its specialised staffing business

TeamLease Services shares saw the steepest rally in over 1 year after it reported strong Q1 numbers; analysts remained bullish on a medium to long-term basis

TeamLease reports 27% Q4 profit surge on strong staffing demand; revenue grows 17.5% to ₹285.8 crore and specialised segments see steady growth

The staffing services provider's consolidated net profit fell to Rs 28.43 crore ($3.29 million) for the three months ended Dec. 31, from Rs 31 crore a year ago

The management expects Q3 to be muted as the BFSI sector is expected to face certain headwinds on account of the new RBI regulations, ICICI Securities said in a note

Staffing company TeamLease Services on Wednesday reported a 10.12 per cent decline in consolidated net profit to Rs 24.85 crore for the quarter ending September 2024. The company's net profit stood at Rs 27.65 crore during the corresponding period of the previous financial year, TeamLease Services said in a regulatory filing. Its revenue from operations rose 23 per cent to Rs 2,796.83 crore in the quarter under review compared to Rs 2,272.60 crore a year ago. "We have crossed 3.5 lakh billable headcount in our employment cluster owing to strong growth across sectors. Profit expansion is the key focus area this year, and we are confident of maintaining strong double-digit growth in the sequential profits. "Our planned investments in Hiretech and Hrtech solutions, through organic and inorganic routes, will give us enhanced capabilities in the coming quarters," TeamLease Services Managing Director Ashok Reddy said. The company's shares on Wednesday closed at Rs 2,841.35, up 5.36 per

Revenue from its specialised IT staffing services business climbed 3.6 per cent, whereas that from its general staffing business rose 20 per cent

Neeti Sharma would be the new CEO of TeamLease Digital with effect from March 26

Intent to hire freshers in the first half of this year has improved by 6 per cent compared to the same period a year ago, as employers' confidence grows in the country, a report said on Tuesday. There is an increase of 6 per cent for the first half of 2024 compared to H1 of 2023 for freshers' hiring in India, TeamLease EdTech's Career Outlook Report HY1 (January-June) report said. "Employers played the conservative card for some time now and hiring had slowed down amidst global turmoil. However, our recent report reveals employer confidence in India's growth story. "Organisations are more confident about their future paths, which reflects in their high confidence to recruit fresh talent and strengthen their talent pool," TeamLease EdTech founder and CEO Shantanu Rooj said. The TeamLease EdTech's Career Outlook Report HY1 (January-June) report is based on a survey among 377 freshers and 149 employers conducted during July-September 2023. The report further revealed that the top thr

Overall consolidated revenue from operations rose nearly 22% to 24.45 billion rupees

The study underlined India's pledge to reach a 500 GW clean energy goal by 2030 that has resulted in an 81 per cent YoY surge in demand for green jobs in January 2023

Most companies, however, believe that employees will have to be upskilled and re-skilled to fully leverage the 5G technology: TeamLease Services

The average salary in the hospitality sector also fell to a five-year low in FY22: TeamLease report

60% of employers in survey express hiring intent; pharma has the highest positive hiring sentiment (68%) followed by white goods (67%) and textile products (62%)

But valuations have turned attractive after sharp corrections since January

The government had launched ABRY to incentivise employers for creation of new jobs and restoration of retrenched workers during Covid-19

The management said that the headwinds in the IT industry have started impacting the specialized staffing growth and may continue for a while