Page 7 - Hiring

L&T's middle east order book swells with Saudi Arabia's construction boom

As of June, L&T reported an outstanding order book of Rs 4.12 trillion, with Rs 1 trillion of these orders originating from the Middle East

92% feel AI has made HR role more strategic since last year: Report

As Artificial Intelligence (AI) is bringing in a new era of work, a report on Wednesday revealed that 92 per cent of recruitment professionals in India feel their role has become more strategic in the last year, specifically in the area of talent acquisition. To ready their workforce for the changes ahead in the era of AI, business leaders interviewed in the country are relying on human resource and recruitment teams to lead the way, a report by the Microsoft-owned social platform LinkedIn said. The skills needed for jobs are estimated to change by at least 65 per cent by 2030 as rapid developments in AI accelerate workplace change, noted the report. The report revealed that around 92 per cent of talent professionals in India say their role has become more strategic in the last year, specifically in the area of talent acquisition. The majority (80 per cent) of HR professionals globally believe AI will be a tool that helps them in the next five years, enabling them to focus on the m

Recruiters start getting pink slips as corporate hiring slows down

Due to a slowdown in the hiring market, many recruiters are now finding it difficult to get opportunities

Employers in India anticipate measured hiring in next 3 months: Survey

Employers in India are anticipating a measured hiring pace in the next three months, as organisations are focused on investing in the professional development of their workforce and creating a positive work culture, a survey said on Tuesday. According to the latest ManpowerGroup Employment Outlook Survey of nearly 3,020 employers across sectors and regions, hiring intentions have declined by 17 per cent when compared with the same time last year, while on a quarter-on-quarter basis, it has seen a marginal improvement of 1 per cent. The Net Employment Outlook for the October-December quarter stood at 37 per cent, up 1 per cent from the July-September quarter of 2023, and decreased by 17 per cent when compared with the same time last year. The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity. Employers cited professional ...

Access Healthcare to hire over 1,500 professionals in next 2 months

Third-party revenue cycle management company Access Healthcare on Tuesday said it is planning to recruit over 1,500 professionals in the next two months in the country. The hirings will be for various roles such as experienced callers, certified medical coders, medical billing professionals, finance and accounting, and roles in Artificial Intelligence (AI) and automation, Access Healthcare said in a statement. Fresh graduates will also be hired for call centre jobs, it said. Currently, Access Healthcare has 22,272 employees at its six centres in the country -- Chennai, Coimbatore, Mumbai, Pune, Noida, and Thiruvananthapuram. The new recruitments are for all centres, it added. "This expansion underscores our commitment to leading the healthcare sector into a future defined by technological excellence," Access Healthcare Founder and Vice Chairman Vardhman Jain said. Every hire is a strategic stakeholder in the company's vision, and the professionals will get opportunities to learn,

India's hiring outlook for festive season shining, shows Indeed survey

69 per cent of employers surveyed are looking to hire temporary workers this festive season

'X' introduces job listing feature, to be available for verified users

The feature will be available to premium users for a monthly payment of $1,000 or Rs 82,300

Top headlines: Boeing starts production of Apache choppers for Indian Army

Business Standard brings you the latest headlines at this hour

Reliance, Vodafone, Airtel may increase their headcount by 25% in FY24

Reliance Jio's total headcount at FY23 end was 95,326; Airtel's headcount was 64,407; and Vodafone Idea's was 15,604

QwikSkills plans to hire 300 trained professionals by end of 2023

Skill development player QwikSkills on Wednesday said it is planning to hire 300 skilled professionals by the end of 2023. "By adding 300 proficient professionals to our ranks, we are augmenting our operational capabilities and reinforcing our commitment to delivering world-class skill training. Our goal is clear - to empower individuals with the most relevant skills, equipping them to thrive in an ever-evolving world," QwikSkills CEO Varun Mahajan said in a statement. At present, the company has 110 employees.

Fully remote work leads to 18% drop in productivity, shows research

The researchers, who studied newly hired data entry workers in India who were randomly assigned to either the home or the office, said that two-thirds of the drop in productivity was evident

Sebi initiates process to hire 2 executive directors, invites application

The appointment of executive director will either be on a deputation or contractual basis, for a period of three years, the regulator said in a public notice

Cognizant appoints six women executives as senior vice-presidents

Sailaja Josyula promoted as SVP; she is also the company's centre head in Hyderabad

White-collar hiring in India witnesses 3% decline in June: Report

White-collar hiring in India witnessed 3 per cent decline in June as sectors such as IT, Retail, BPO, Education, FMCG and Insurance also showed cautious hiring sentiments, a report said on Monday. According to the Naukri JobSpeak Index, on a year-on-year basis, June witnessed a 3 per cent decline with 2,795 job postings compared to 2,878 in June 2022. On a month-on-month basis, the job postings fell by 2 per cent. The Naukri JobSpeak is a monthly Index representing the state of the Indian job market & hiring activity based on new job listings and job-related searches by recruiters on the resume database of Naukri.com. "The white collar job market of India is witnessing a structural shift. For a long time, jobs in the tech sector and in top metros were the key drivers of white collar job growth. "Of late, jobs in the emerging sectors such as real estate, oil and gas, pharma and BFSI have emerged as significant contributors to job growth," Naukri.com Chief Business Officer Pawan ...

TCS writes to board members about details on recruitment scam allegations

TCS is consulting with external auditors to investigate the situation, said a person aware of the development

Sebi invites applications to hire for 25 senior-level posts in legal dept

Capital markets regulator Sebi on Thursday invited applications for 25 senior-level posts in the legal department. The recruitment drive would beef up the headcount at the Securities and Exchange Board of India (Sebi) for faster and more effective execution of its regulatory role. In its public notice, Sebi has invited applications from Indian citizens for the post of Officer Grade A (Assistant Manager) in the legal stream. The candidates can apply for the posts through online mode till July 9. The regulator will conduct online examinations for the recruitment of these positions during August-September. To apply for this position, the applicants are required to have a bachelor's degree in Law from a recognised university or institute. While inviting applications, Sebi has also cautioned candidates against falling prey to any unscrupulous elements who may try to deceive them by false promises of securing jobs in the regulator, according to a public notice. In case any candidate co

Sun Life Financial's GCC to hire 1k people in India, Philippines in 2 years

Hiring comes at a time when GCCs in India expanding. According to the latest Nasscom-Zinnov report, India had 1,580 unique GCCs as of FY23

Zoho freezes hiring, selective recruitment for customer-facing roles

Amid global macro headwinds, Zoho on Wednesday said it has decided against layoffs but will adopt a prudent approach involving a hiring freeze for engineering roles and pruning marketing spending, although selective recruitment for customer-facing roles will continue. The software-as-a-service (SaaS) company announced investments across its entire portfolio to accelerate momentum in the mid-market and enterprise market - a segment it collectively refers to as 'upmarket'. The company, during a briefing, said it has logged a 65 per cent compound annual growth rate (CAGR) within the mid-market and enterprise segment, in the last three years. Praval Singh, VP of Marketing and Customer Experience, noted that while there are economic shifts, CIOs are looking to optimise on cost and value, and Zoho solutions are even more relevant in these times. "That is the silver lining and that is the reason for us being bullish more so in India. Certain parts of the world are more challenging but in .

Hiring appetite positive for Jul-Sep quarter amidst layoffs: Survey

The Indian labour market is indicating positive sentiments for the July-September quarter of this year and businesses in the IT industry continue to report the brightest hiring outlook, a survey said on Tuesday. According to the ManpowerGroup Employment Outlook Survey of nearly 3,020 employers, the labour market is indicating positive sentiments in the third quarter of 2023 despite news of layoffs and anticipated global economic slowdown. As many as 49 per cent of employers report higher intentions for hiring, while 13 per cent do not expect to hire, leading to a seasonally adjusted net employment outlook of 36 per cent. When compared to the same period last year, hiring sentiments have declined by 15 per cent, while there is a 6 percentage points growth when compared to the last quarter. Globally, employers in all 41 countries anticipate a net positive hiring outlook, with Costa Rica topping the chart with a net employment outlook of 43 per cent, followed by the Netherlands (39 pe

Slowdown in hiring by 7% witnessed in May, tier-2 cities shine: Report

The report also indicates that hiring activity is declining across industries with a 4 per cent month-on-month (MoM) decline. The decline can be attributed to several factors