Employment

Bank executive pays compensation for quitting too soon: SC says it's fair

Court's judgment in Vijay Bank case could shape how companies make employment contracts, say legal experts

Microsoft lays off 6,000 employees amid AI expansion | Know the full story

Women hold just 33% of entry-level roles in private jobs in India: Report

Workforce gender gap begins early in India with women holding just one in three entry-level private sector roles and only 24 per cent of managerial positions, a report said on Wednesday. In India, despite forming half of the university graduate pool, women continue to face systemic barriers to entry, advancement, and retention in formal employment, according to McKinsey & Company's 'Women in the Workplace' report. It showed that women hold just one in three entry-level private sector roles and only 24 per cent of manager positions, signalling a wide gap between potential and actual representation. The report is based on insights of 324 organisations across India, Nigeria, and Kenya employing roughly 1.4 million people, including 77 private sector organisations from India (having a total of 9 lakh employees). The gender imbalance in India is further highlighted by a seven-year age gap at the entry level where women average 39 years compared to men at 32 years, the widest gap across

Enterprises with output below Rs 500 cr account for 63% of employment

But these enterprises, a pilot study showed, accounted for only 36.84 per cent of total compensation

One million gig workers registered on e-Shram portal: Mansukh Mandaviya

"The registration of gig workers is an ongoing process, and we're working in line with the Budget announcement. We are likely to register 3-4 million in the next three months," the minister said

Delhi govt hikes minimum wages across worker categories; know full details here | Jobs | employment

Telangana women, Goa men spent most time on job activities in 2024

Among union territories (UTs), men in Delhi spent the highest time (406 minutes) on 'employment-related activities'

Global Capability Centers salaries poised to grow 9.8% over next 12 months

The strong salary growth spans across junior and mid-level roles, fueled by demand in fields like AI, ML, Cloud Computing, and Cybersecurity

Over 2 million AI jobs in India with a 1 million talent gap: Bain & Company

In 2025, India's total AI talent pool will grow from 800,000 in 2024 to 940,000. However, the baseline demand for AI talent, which will be 1.5 million, could peak at 2 million.

The employment paradox: Skilling schemes need more realistic streamlining

Last year, a study by TeamLease showed that India produces a staggering 1.5 million engineers every year, but only 45 per cent meet industry standards

White-collar job market sees 4% growth in Feb; AI job demand leads: Report

The Indian white-collar job market maintained its growth momentum in February this year, recording a 4 per cent year-on-year increase, mainly led by recruitments in the Artificial Intelligence (AI-ML) and hospitality sectors, a report said on Monday. The job market has begun the new year on a positive note, reporting positive growth in both January and February. "Moreover, considering that February last year saw an 8 per cent de-growth, it looks even more promising this year around. While AI/ML hiring continues its buoyant trend, it is also encouraging to see sectors like Hospitality driving growth," Naukri Chief Business Officer Pawan Goyal said, quoting the Naukri JobSpeak Index report. The Naukri JobSpeak is a monthly Index that tracks Indian job market trends and hiring activity based on new job listings and recruiter searches on Naukri.com's resume database. Further, the report revealed that the other sectors which demonstrated positive performance in February include real est

Blaming welfare schemes for labour woes ignores real economic shifts

For India Inc, like big business everywhere, the standard response is to view welfarism as an impediment to business plans

GCCs expected to create 425,000 to 450,000 jobs this year, says report

Most of the hiring will be for entry-level talent, with demand for skills in customer experience and support services (17 per cent), cybersecurity and data protection (17 per cent)

LinkedIn to tell job seekers how likely they are to get a response

Three of the biggest job search sites - LinkedIn, Indeed and Greenhouse - have put tools in place to highlight which companies frequently respond to applicants in a timely manner

Salaried, self-employed real wages below 2017-18 levels: Eco Survey

Corporate profits grew 22.3% in FY24 and employment 1.5%, it says

AI set to reshape 38 mn jobs in India by 2030, boost productivity: EY

EY's analysis of over 10,000 tasks across industries highlights varying productivity gains across sectors

Farm workers, drivers largest growing jobs; cashiers most declining: Study

Farm workers and drivers will figure among the fastest growing jobs over the next five years, while roles of cashiers and ticket clerks will see the largest decline, a new study showed on Wednesday. In its Future of Jobs Report 2025, the World Economic Forum (WEF) also said that 170 million new jobs will be created by 2030, while 92 million are projected to be displaced, resulting in 78 million net new jobs. The report, released days before the WEF Annual Meeting in Davos from January 20-25, said that job disruption will equate to 22 per cent of jobs by 2030. Technological advancements, demographic shifts, geoeconomic tensions, and economic pressures are the key drivers of these changes, reshaping industries and professions worldwide. Drawing on data from over 1,000 companies, the study found that the skills gap continues to be the most significant barrier to business transformation today. Nearly 40 per cent of skills required on the job are set to change, and 63 per cent of employ

Job creation slows in unincorporated sector in 2023-24: NSO report

This is according to the latest factsheet titled 'Annual Survey of Unincorporated Sector Enterprises (ASUSE)' released by the National Statistical Office (NSO) on Tuesday

Himachal to resolve pending cases of employment on compassionate ground: CM

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Tuesday directed officials to formulate a comprehensive policy for employment on compassionate grounds and said his government intends to settle all pending cases. Chairing a high-level meeting, he asked the officials to compile and present data like the department, age and educational qualification of the applicants seeking employment on compassionate grounds, a statement said. The state government is adopting a "liberal and sympathetic" approach to offer employment in the government sector to those who lost their family members during service, he said and instructed the officers to come up with the requisite data in the next meeting on January 10. The government is committed to supporting the well-being of dependents by giving preference to widows and orphans in providing employment on compassionate grounds, he said and added that various aspects would be viewed to benefit the maximum number of applicants. Sukhu said that

Housing in tier-II cities: Assess job prospects, infra before investing

Tier 2 cities are emerging as attractive real estate destinations due to expanding employment opportunities