Geopolitical tensions, including wars in the Middle East, have impacted the Indian workplace with 63 per cent of respondents confirming that their companies are either freezing hiring or downsizing teams, claims a report. Over 63 per cent of respondents said their companies are either freezing hiring or downsizing teams with another 15 per cent noting a visible shift toward contract-based or freelance roles as the geopolitical tension escalates, the report by staffing solutions and HR services provider Genius Consultants has claimed. The report is based on an online survey among 2,006 employees from across sectors in the country during May 12 to June 6. Further, the report revealed that 36 per cent of the employees interviewed stated that their salary growth, bonuses, or appraisals are affected in light of geopolitical instability. Over 21 per cent said there is an increase in workload pressure and project timelines while 22 per cent reported that international business exposure or
An Amrop study shows EY and Deloitte ramping up hiring in tech and business consulting practices, with SAP, Oracle and digital roles driving talent and promotion growth
India's job market remained stable in May with strong AI/ML hiring, sustained senior-level demand, and fresher opportunities rising in non-tech sectors
According to a new report, 82 per cent of employers actively hired between January and March 2025, marking a 3 per cent rise in overall hiring compared to the previous quarter
India recorded the world's highest Y-o-Y growth in AI hiring and became the second-largest contributor to AI-related GitHub projects in 2024, but still lags behind in private investments
The hiring outlook for this financial year remained positive as 45 per cent of employers interviewed said they plan to hire for new permanent positions, a report said on Saturday. A significant 45 per cent of employers plan to hire for new permanent positions, while 13 per cent plan to replace manpower in their existing positions, workforce solutions and HR services provider Genius Consultants said in a report - Hiring, Compensation & Attrition Management Outlook Survey for 2025-26. The report is based on insights from 1,520 CXOs and senior-level dignitaries of organisations across various industries for the upcoming financial year. The report further revealed that the growth of the importance of temporary hiring is widely visible, as 26 per cent of the employers focus on temporary, contractual, or project-based roles. However, 16 per cent of organisations indicated no hiring plans for FY26, highlighting a cautious approach. When asked about the primary focus of hiring, the report
Digital lending SaaS platform Biz2X, which has a current workforce of about 1,000, will hire over 200 professionals across AI, data science, engineering, product management, and technology in India in the next financial year. Biz2X is a turnkey global SaaS platform that enables financial institutions to provide a customised online lending experience for their small and mid-size business customers. India's digital lending landscape is undergoing a paradigm shift, with artificial intelligence (AI) emerging as the backbone of financial sector especially for risk assessment and credit decisioning, said Rohit Arora, co-founder and CEO of Biz2Credit and Biz2X. Arora outlined Biz2X's ambitious AI-led expansion plans, which includes the development of real-time credit models, partnerships with financial institutions. "The company also has robust hiring plans in the year ahead. Biz2X, with current workforce of 1,000 plus, will look to hire over 200+ professionals across AI, data science, ..
The Gujarat government cannot enact a law requiring industries to give 85 per cent of their jobs to local residents due to certain constitutional provisions, Minister of Labour and Employment Balvantsinh Rajput told the legislative assembly on Thursday. Responding to a query raised by Congress MLA Tushar Chaudhary, Rajput pointed out that Articles 14 and 21 of the Constitution prevent a state government from enacting a law which mandates that 85 per cent jobs in an industrial unit must be given to locals. Article 14 of the Constitution guarantees equality and equal protection of the law, while Article 21 guarantees the right to life and personal liberty. In March 1995, the then-BJP government in the state, through a government resolution (GR), had ordered all commercial entities, including central PSUs and private factories, to hire 85 per cent of their workforce from Gujarat, said Rajput. Chaudhary wanted to know how many industrial units had violated the GR on local hiring in ...
Naukri report highlights robust hiring in high-salary roles, with jobs offering over ₹20 lakh annually growing 21%, reflecting strong demand for experienced professionals
According to a report by hiring platform Indeed, employers are increasingly prioritising skills over degrees, reshaping the job market and opening doors for non-traditional talent
Given that almost 42 per cent of hiring managers report difficulties in finding candidates with the necessary skills
Recent advance growth estimates released by the National Statistics Office (NSO) have projected investment demand, represented by gross fixed capital formation, to grow 6.4 per cent
White-collar hiring activity in December witnessed a 9 per cent increase compared to the same period of the previous year, driven by high-skill and strategic roles, a report said on Thursday. According to Naukri JobSpeak, the index reached an impressive 2,651 points in December 2024, reflecting a robust 9 per cent year-on-year growth, a promising sign for the year ahead. Key sectors that were primary growth drivers in December 2024, included AI/ML (36 per cent), Oil and Gas (13 per cent), FMCG (12 per cent) and Healthcare (12 per cent), said the report. Top metro cities collectively posted a 10 per cent growth as the year came to an end, it added. The Naukri JobSpeak is a monthly Index representing the Indian job market and hiring activity based on new job listings and job-related searches by recruiters on the resume database of Naukri.com. Meanwhile, according to the report, fresher hiring, which had majorly been muted through 2024, saw an impressive 6 per cent growth in December
While the IT/ software services sector faced challenges earlier in the year, including a 17 per cent decline in the first quarter, the sector rebounded with a 12 per cent growth by the third quarter
In an eight-minute video shared on LinkedIn, YesMadam CEO Mayank Arya acknowledged that the campaign had been 'poorly communicated' but stood by its intent
Hiring will be focused on specialized skills; TCS and HCLTech doubling their focus on hiring specialized skills
The Indian IT sector companies are resuming campus recruitment after a year, showing signs of recovery for the industry. The companies are looking to hire skilled freshers rather than entry-level jobs
Companies are actively hiring for roles such as application developer, software engineer, full-stack developer, and senior software engineer, said the report
Around 34 per cent of organisations in the country struggle to find the right talent and one in three grapples with retaining existing employees as the gap between employer expectations and employee realities regarding hiring and retention continues to grow, according to a report. Even as employers and job seekers agree that flexibility, higher salaries and career progression are top priorities, employees value company culture and ethics more than the organisations realise while organisations overvalue the importance of brand and incentives, said Michael Page 'Talent Trends 2024 - India Expectation Gap' report. Coming out of the pandemic, a convergence of factors resulted in a subtle but transformative change in workplace dynamics, with people thinking more holistically about the value their job gives to their lives, said Nicolas Dumoulin, Michael Page Senior Managing Director for India, Thailand, Philippines, and Vietnam. Michael Page 'Talent Trends 2024 - India Expectation Gap' .
Ashneer Grover said that a lengthy hiring process can still fail to yield the desired results as candidates are on their best behaviour at that time but may not meet expectations later