Page 2 - Hiring Activity

5G: 90% telecom sector firms may hire professionals in December quarter

The intent to hire professionals in the telecom sector has improved in the December quarter when compared to the preceding quarter, according to the TeamLease report.

Growth in India's services sector quickens in Oct, PMI edges up to 55.1

The rate of inflation outpaced its long-run average, suggesting no respite from higher cost pressures in Asia's third-largest economy

Hiring of permanent workers fell 61% in start-ups: RazorpayX Payroll report

Technology-related jobs have managed to marginally increase their contribution to the overall workforce by 4 per cent, while the hiring trend is slowing down in general

Even as overall hiring slows down, no dearth of jobs for senior execs: Rpt

The demand for CXOs has been relatively high in the industrial and manufacturing sectors, auto, chemicals, financial services, and energy firms

HCLTech to boost presence in Mexico; to hire 1300 employees over next 2 yrs

The new centre in Guadalaraja will enable the company to serve its local and international client base across industries

CEOs rethinking strategies to hire, retain talent: KPMG 2022 CEO Outlook

KPMG's latest poll asked more than 1,300 CEOs of the world's leading companies about their hiring plans and expectations

68% companies believe AI in HR raises overall job accuracy: Report

Around 68 per cent of companies surveyed believe that the implementation of Artificial Intelligence in the Human Resource process increases overall job accuracy, according to a report. The report revealed that 72 per cent of respondents agreed that using AI in the HR process boosts productivity and saves time as they believe it can automate many HR-related procedures and boost the effectiveness of the system through chatbots. The report by HR solutions provider Genius Consultants is based on an online survey with over 825 organisations spread across sectors including banking and finance, construction and engineering, education, FMCG, hospitality, HR solutions, IT, ITES and BPO, logistics, manufacturing, media, oil and gas, pharma, among others. It further revealed that over 44 per cent of respondents indicated that AI-based chatbots are currently the preferred tool for initial interactions during the hiring process, which also helps new hires settle into their responsibilities and .

Indian job market sees record 22% YoY growth in June, says report

Hiring activity in India has shown an upward growth trajectory with a record 22 per cent year-on-year growth in June 2022 compared to last year, according to a report on Tuesday.

Hiring activity up 6% in March on improving economic scene: Monster report

However, there was a marginal dip of 2.4% in hiring activity as compared to February, owing to the appraisal season, according to the Monster Employment Index

Hiring activities witness 31% increase in February: Report

Hiring activity witnessed a 31 per cent increase in February as multiple sectors recorded strong growth compared to the previous year, according to a report.

Hiring demand almost flat in January due to Omicron conditions: Report

Hiring demand was almost flat in January witnessing a one per cent fall compared to the previous month, reflecting the cautious approach of Indian employers due to Omicron conditions, according to a report. On account of the third COVID-19 wave, the retail sector saw of dip of 8 per cent in demand sequentially, travel and tourism also witnessed an 8 per cent fall, while home appliances slipped 5 per cent, according to the Monster Employment Index (MEI), a comprehensive monthly job analysis report by Monster India. While agro (5 per cent) and BFSI (4 per cent) sectors continued to grow on a monthly basis, according to the report. The fall of 5 per cent in home appliances was followed by a drop of 5 per cent in FMCG and food & packaged food, BPO/ITES (-3 per cent), production and manufacturing (2 per cent), and engineering, cement, construction, iron/ steel (2 per cent) industries that showed a negative trend. Further, education, telecom/ISP, and healthcare, biotech and life ...

Hiring intent can rise 9 percentage points in Q4FY22 if no curbs: TeamLease

Out of the 21 sectors reviewed, around 7 can record a growth of more than 10 percentage points in their intent to hire, making the current quarter a good time for talent.

Indian corporate hiring outlook in Jan-March strongest in 8 years: Survey

Indian employers have robust hiring intentions for the next three months, with 49 per cent of companies planning to add more staff in the January-March quarter, a survey said

TeamLease Services posts net loss of Rs 49 crore for Sept quarter

The leading staffing firm on Friday reported a net loss

Hiring activity in India grows by 43% annually in October, says report

Hiring activity expanded by 43 per cent year-on-year in October driven by strong demand for technology professionals, according to a report.

Hiring activities increasing in current quarter, says report

The report was released by global recruitment specialists Michael Page and is based on its proprietary data for India.

Hiring activity almost flat, sees 3% growth sequentially in Sept: Report

With the onset of the festive season and easing of lockdown restrictions, the hiring activity has stabilised sequentially in September with a marginal growth of three per cent, according to a report

Hiring activity witnesses marginal growth sequentially in August: Report

Hiring activity witnessed a marginal growth of 1 per cent in August sequentially due to decline in job postings in sectors including engineering, logistic, agro-based industries among others

Hiring activity in India on steady recovery: LinkedIn India report

Hiring activity in India has been on a steady recovery and the hiring rate in July this year was around 65 per cent above the pre-COVID level, a report said. According to the LinkedIn India Labour Market Update (July 2021), there was a deepening hiring dip in April 2021, corresponding to the second wave of COVID-19 cases in India. Since then, it has been recovering steadily. Compared to the pre-COVID levels in 2019, the hiring rate was 35 per cent higher at the end of May 2021, 42 per cent higher at the end of June 2021, and now 65 per cent higher at the end of July 2021, it said. Hiring rate is a measure of hires divided by LinkedIn membership. This analysis looks at the changes in hiring rate between the month under review and the same month in 2019. "As large sectors such as IT, manufacturing, and hardware begin to ramp up hiring after a year of hiring freezes, we are hopeful that hiring will continue to grow," the report said. It said hiring has been on a steady recovery, lar

Hiring activity in India touches pre-pandemic level, says report

The overall economic activity has shown signs of improvement, and for the first time in months, hiring activity in India is at a pre-pandemic level, according to a report by jobsite Indeed on Monday.