Page 14 - Jobs

Dunzo defers employee salaries for June, July till September: Report

Bengaluru-based quick commerce startup Dunzo has deferred salary payouts for its employees again, according to sources. An internal mail was shared with employees in which the cash-strapped logistics firm, previously backed by Google and Reliance Retail, has stated that the remaining salary for June and July would be paid with the August salary payout, in the first week of September, sources said. The company did not immediately comment on the development. Dunzo had previously delayed salaries of half of its 1000-strong workforce till July 20, impacting their top management the most. In April this year, the company had raised USD 75 million (around Rs 616 crore) and also fired about 400 employees in the first half of this year as part of cost-cutting measures.

Wage bill of listed pvt. companies up 17% at Rs 11.5 trn in FY23: Report

The rising trajectory of private corporate wage bill appears structural, having grown from around 9 per cent of GDP in FY12 to around 13 per cent in FY22

London workers more gloomy about prospects of finding a new job: Report

About 38% of people in London said they were "not confident" about their ability to find another job in three months if they lost the one they had, according to a survey by Deltapoll

TN skill development centre eyes to create 10,000 new jobs in BFSI segment

Tamil Nadu Skill Development Centre has drawn up plans to generate 10,000 jobs in the banking and financial services sector under the government's 'Naan Mudhalvan' scheme. Industry leaders engaged in the BFSI sector at a recent round table meeting extended their support to the state government's skilling initiatives to train the youth and college students. Naan Mudhalvan CEO (Tamil Nadu skilling and capability enhancement platform) M Jayaprakasan, chief mentor Sai Reddy highlighted the need for scaling up the BFSI sector at the meeting. "We want you to enter colleges, and do skill-based courses. We are more interested in course objectives, course outcomes, and skills imparted... the government is keen in making Tamil Nadu the skill capital for the region", Jayaprakasan said. Under the 'Naan Mudhalvan' initiative, he said over 10,000 students underwent various skilling courses in the banking, financial services, and insurance sector. "Over 4,000 of them got placed and the process i

White collar hiring dips 3% on cautious recruiter sentiments: Report

White collar jobs witnessed a 3 per cent annual decline in June due to cautious recruiter sentiments in sectors including IT, BFSI, manufacturing, according to leading talent platform foundit. Sectors such as IT (- 19 per cent), BFSI (- 13 per cent), Home Appliances (- 26 per cent), and Production/ Manufacturing (- 14 per cent) have not yet bounced back to last year's hiring numbers, despite the monthly positive incline seen in a few of these industries, it said. The foundit Insights Tracker (fit), earlier known as Monster Employment Index, is a monthly analysis of online job posting activity based on a real-time review of millions of employer job opportunities. However, on a month-on-month basis, there was a 2 per cent growth, which indicated a resurgence in online hiring activity across key industries. Positive e-recruitment activity was observed in June 2023, on a month-on-month basis, with sectors such as healthcare (11 per cent), BPO (7 per cent), production and manufacturing

While collar hiring dip 3% in June on cautious recruiter sentiments: Report

White collar jobs witnessed a 3 per cent annual decline in June due to cautious recruiter sentiments in sectors including IT, BFSI, manufacturing, according to leading talent platform foundit. Sectors such as IT (- 19 per cent), BFSI (- 13 per cent), Home Appliances (- 26 per cent), and Production/ Manufacturing (- 14 per cent) have not yet bounced back to last year's hiring numbers, despite the monthly positive incline seen in a few of these industries, it said. The foundit Insights Tracker (fit), earlier known as Monster Employment Index, is a monthly analysis of online job posting activity based on a real-time review of millions of employer job opportunities. However, on a month-on-month basis, there was a 2 per cent growth, which indicated a resurgence in online hiring activity across key industries. Positive e-recruitment activity was observed in June 2023, on a month-on-month basis, with sectors such as healthcare (11 per cent), BPO (7 per cent), production and manufacturing

Delhi, Mumbai lead in hiring by companies; southern city third: Report

Demand by employers shows a thaw in hiring freeze in some sectors, says trend shows a thaw in hiring freeze in some sectors

AIIMS suspends order putting research staff recruitment process on hold

Facing protests by scientists, the AIIMS administration on Monday suspended its earlier order in which it had put the recruitment/selection process of research staff on hold and stated that the guidelines for the same are being reviewed. Scientists who are all either working in research projects or pursuing PhD at AIIMS under the banner of Society of Young Scientists (SYS) had been protesting against the administration's proposal to cap the number of years one can be employed in projects at the premier medical institute. AIIMS Faculty Association, Resident Doctors' Association, Nursing Union and The Officers' Association of AIIMS among others had extended support to the protesting scientists. Revoking its earlier order, an office memorandum (OM) by the AIIMS administration on July 10 said the guidelines for recruitment for project staff are being revised. "According to inputs from many Principal Investigators (PIs), as a result of this many projects have not been able to function

Precise, personal campaigns: When brand AI comes to advertising industry

AI is all set to transform marketing, making ads more targeted and increasing efficiency. But that is the good news. The bad news is that the adoption of AI into marketing will lead to job losses

PM Modi has created opportunities for jobs, enterprises: Ashwini Vaishnaw

Asserting that good infrastructure spurs growth in all sectors, Union Railways Minister Ashwini Vaishnaw on Saturday said Prime Minister Narendra Modi has created employment opportunities for youth and also a framework to promote startups in the country. The Vande Bharat, airports, ports modernisation, highways, and expressways, among other projects are examples of how infrastructure would make a difference in people's life, he noted. "After graduation, you will join some stream of economic activity where infrastructure plays a very big difference. If you have good infrastructure in the country, then the shipping industry and other sectors, too, develop," the Minister said while speaking at the 19th convocation of SRM Institute of Science and Technology, here. He said the Modi-government has ensured development across all sectors. Ten years ago the country imported electronics products but today 98 percent of the electronic components were made in India. And Tamil Nadu contributed .

US job growth slows in June and unemployment rate declines to 3.6%

There was also a jump in the number of people working part-time for economic reasons last month, in part because their hours had been reduced due to work slack or business conditions

Almost half of workers in India don't feel secure in their jobs: Survey

Job insecurity is a growing concern for workers worldwide, and in India 47 per cent of employees do not feel secure in their positions, says a survey. According to the ADP Research Institute's People at Work 2023: A Global Workforce View report, a concerning 47 per cent of employees in India do not feel secure in their positions. "Workers are bound to be worried about their jobs in these volatile and uncertain economic times, especially in light of recent reports of large-scale job losses at prominent corporations and the alleged threat of AI to human employment," said Rahul Goyal, MD, ADP. Across markets, feelings of job insecurity are highest among the young. According to a survey of over 32,000 workers, half of Gen Z (18-24 year-olds) said they do not feel secure in their jobs. This is double the proportion of over 55-year-olds who say the same. Goyal further noted that "many businesses continue to have serious problems finding and keeping talent, so the situation may not be as

Expect 3,500 employees by year-end: Akasa amid cabin crew resignations rpts

Akasa Air on Thursday said it has one of the lowest attrition rates in the industry and expects to have around 3,500 employees by the end of this year, amid reports that scores of cabin crew have put in their papers. Currently, the carrier, which started flying in August last year, operates more than 900 flights every week. It also plans to start international operations by the end of 2023. "At Akasa, we have one of the lowest attrition rates and the fastest-growing network in the industry. Today, we have 3,000 employees and expect to grow to approximately 3,500 employees in 2023," it said in the statement. The airline, which currently has 19 planes, expects to have a total of 72 aircraft by March 2027. Last month, the airline announced it will acquire four more Boeing 737 Max planes and said it was looking at a three-digit aircraft order by the end of this year. "The speculation on cabin crew resignations at Akasa is factually incorrect and baseless as is the statement on the .

Maharashtra added 30% of new jobs in country in last five years: Official

Helped by relaxations in labour laws, Maharashtra has upped its share in new job creation in the country to more than 30 per cent over the last five years, a senior official said on Thursday. The state was ahead in the implementations of relaxations like exempting units employing less than 20 people from Factories Act and also making the Shop and Establishment Act non-applicable for others, said Praveen Pardeshi, chief executive of Maharashtra Institution for Transformation (Mitra). "One-third of the jobs created in the last five years was in Maharashtra," the former bureaucrat said, attributing the claim to a recent survey. Speaking at an event organised by MEDC (Maharashtra Economic Development Council), Pardeshi said the government of India has also realised the importance of such interventions, and has now moved towards a regime where fixed work contracts and hiring and firing of workers will be possible. Such interventions help the ease of doing business (EODB) but more ...

CBRE introduces integrated solutions for project management; hire 400 more

Real estate consultant CBRE India on Thursday said it has introduced an integrated solution, backed by data and latest technology, for project management and will hire around 400 employees this year in this new business line to provide better services to its clients. The company has been doing project management for more than two decades. It has offered services to more than 1,300 clients and managed over 1 billion square feet area. Now, it has launched an integrated platform, combining multiple services. In a press conference, CBRE announced the launch of a "new integrated, data & technology-led solution platform -- 'Development Solutions' under its project management business line". The company said the integrated solutions will help its clients -- developers and investors -- save up to 12 per cent project cost and also timelines by up to 5 per cent. CBRE India aims to capture 25-30 per cent market share in the next three years. "With Development Solutions, we have expanded our

Design, analytics, Java Script top skills for entry-level roles: LinkedIn

There is a diverse range of fast-growing jobs for professionals with different educational qualifications and for fresh graduates looking to enter the job market, design, analytics, and Java Script are some of the top skills, according to LinkedIn. Unveiling the latest data about the fastest growing roles, industries, functions, and skills in India, the leading professional network said top industries hiring in India right now include financial services, administrative and support services, information and media. These findings are based on exclusive LinkedIn Economic Graph (platform) data analysing the career paths of millions of professionals. This year's fastest-growing functions/jobs, industries and skills were determined by analysing data from 2021-2023. According to LinkedIn, companies are embracing flexibility in 2023 like never before, with solely on-site roles declining by 10 per cent and hybrid positions surging by 60 per cent for entry-level roles, compared to 2022. This

E-com firms' demand for gig workers up as shopping festivals near: Study

'Numerous opportunities' for individuals in flexible and on-demand work arrangements, it says

Andaman & Nicobar tribal body against Schedule Tribe hirings from outside

A tribal organisation of Andaman and Nicobar Islands has objected to the local administration's decision to allow Schedule Tribe (ST) people from other states to apply for government jobs in the archipelago, asserting that it goes against the norms. Chairman of the Tribal Council of Car Nicobar, Lionald Nicomed, claimed that as per the Scheduled Tribe Gazette notification of the Government of India, people belonging to only six local tribes are eligible for applying for recruitment under the ST category in Andaman and Nicobar Islands. A senior Congress leader also said that allowing ST people from outside violates a Supreme Court order. Many candidates from outside have applied for government posts. This is highly objectionable, Chairman of the Tribal Council of Car Nicobar, Lionald Nicomed, told PTI. Car Nicobar is the northernmost part of the Nicobar group of islands. Nicomed also wrote a letter to Governor Devendra Kumar Joshi, requesting him to intervene in the matter. The Tr

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 ...

Protests jolt Patna as govt opens teaching jobs for other states' people

The Bihar capital was on Saturday rocked by protests against the state government's controversial decision to allow those from other provinces to compete for teachers' jobs. A massive demonstration was staged by young men and women at the Dak Bungalow crossing in the heart of Patna, creating traffic snarls, even as police took recourse to use of force for dispersal and rounded up quite a few who they found most unruly. The demonstration is being staged without any permission from the administration. We are trying to explain to the protesters that what they are doing is illegal. Use of force has been a last resort," Deputy Superintendent of Police, Law and Order, Patna, Nurul Haq, told reporters. Asked about the number of people, both men and women, who have been taken into custody, the Deputy SP said, "At present, we are not in a position to give the figures. We will work it out and let details be known once we are through with maintaining order in the affected area. However, the .