Factory workers can only be brought back if there is assurance of advance payment and compensation, besides safety at the workplace, say manufacturers.
The recruitment scenario may be grim right now but the market is gearing up for a U-turn and there is already a silver lining showing in the automobiles sector, which is actively hiring for the manufacturing, sales and quality control roles, says a study. According to TimesJobs RecruiteX, the automobiles sector noted an 8 per cent growth in talent demand in December 2019 as compared to November 2019. It further noted that the infrastructure sector posted the highest growth of 14 per cent in talent demand. "The hiring sentiment right now is hinting at the 'revival mode'. The automobiles sector is a classic example here. The sector is undergoing a major revamp in its offerings as electric vehicles and alongside it is also prepping up its personnel requirement to fit the new scheme of thing," said Sanjay Goyal, business head, TimesJobs and TechGigsaid. "In December 2019, the sector was actively looking for professionals who can make (R&D) and sell the new product lines. The ...
AP law reserving jobs for locals is a bad precedent
AP law reserving jobs for locals is a bad precedent
Total employment in the economy stood at 474.2 million during 2011-12, which declined to 465.1 million during 2017-18
The apprentice hiring sentiment is expected to grow by 41 per cent from second half of 2019, as manufacturing and services sectors have opened their doors for apprentices, according to a report. According to TeamLease Skills University report, 'The Apprenticeship Outlook and Index', the apprentice hiring sentiment is expected to grow from current levels of 36 per cent to 41 per cent in JulyDecember 2019. The report revealed that the top manufacturing sectors to hire apprentices in the second half of this year are FMCG & durables (45 per cent) and automobile and ancillaries (42 per cent). It is followed by services sector with retail (45 per cent) and travel and hospitality (44 per cent), it added. The growth is primarily attributed to employers increasingly invested in the apprenticeship model over the last two years especially for cost effective talent creation and enhancedproductivity, it said. The other factors that are driving apprenticeship adoption are the ...
According to TeamLease Services biannual 'Employment Outlook' report for April-September FY20, these industries will witness a 2 per cent increase in net employment