Page 2 - Teamlease

Hiring for fresh talent rises 3% in HY23, shows job market optimism: Study

Hiring intent for all categories of jobseekers increased to 73%: TeamLease

700,000 new gig jobs to come up between July and December: TeamLease

The upcoming festive season is expected to push demand on e-commerce platforms which will boost their need for gig workers like delivery and warehousing partners

Teamlease sees drop in profit again as rising costs, IT slowdown bite

The company, which hires and trains people in various skills before supporting their placements, said consolidated net profit fell 0.5% to 264 million rupees ($3.22 million) in the April-June quarter

5G subscribers in India likely to jump over 2,000% in next 5 years: Report

Most companies, however, believe that employees will have to be upskilled and re-skilled to fully leverage the 5G technology: TeamLease Services

TeamLease co-founder & executive director Rituparna Chakraborty steps down

However, she said that post her break she will continue to be focused on creating more formal jobs

TeamLease Services Q4 net profit dips by 22.92% to Rs 24.37 crore

Staffing company TeamLease Services on Wednesday reported a 22.92 per cent decline in consolidated net profit at Rs 24.37 crore compared to the same period in the previous financial year. The company's net profit stood at Rs 31.62 crores during the corresponding quarter of the previous fiscal, TeamLease Services said in a regulatory filing. Revenue from operations of the company grew by 11.54 per cent during the quarter under review at Rs 2,027.27 crore compared to Rs 1,817.41 crore in the same period in the previous fiscal. TeamLease Services Managing Director Ashok Reddy said the general staffing business has witnessed uniform growth across industry verticals with a strong outlook for upcoming quarters. Margins have come under pressure due to external variables impacting the higher margin businesses of specialised staffing and DA, he stated. Rituparna Chakraborty will be stepping down from her executive role and transitioning to a non-executive board member. This transition, aft

India Inc offers higher stipends to apprentices, shows TeamLease report

TeamLease on Tuesday released its 'Stipend Primer Report' for FY22, which suggests that a 2% increase was witnessed in 2022 in average stipend payouts, as against the previous fiscal

IT firms give staffing companies a miss, fill vacancies internally

Companies were doling out up to 100 per cent hikes to hire top IT talent only a year ago, the situation has completely changed today

Non-Tech industries to hire over 1 mn tech talent by FY28: TeamLease report

The company has launched its report 'Digital People Supply Chain Report - Tech in Non-Tech' for H1-2024

Hyderabad, Delhi, Chennai hired maximum apprentices till March: Report

On a pan India level, 79 per cent of employers showed intent to hire more apprentices in the quarter ending March: TeamLease Apprenticeship Outlook Report

Training helps new employees accomplish goals in one-fifth of time: Report

Only one in nine companies believe that the training doesn't add value to new employee productivity

TeamLease Q3 profit dips 5% YoY, board to consider share buyback next week

The company's revenue grew 14% YoY to Rs 2,108 cr in the quarter ended December, from Rs 1,767 crore a year ago. EBITDA fell 16% to Rs 32 crore in Q3

TeamLease posts Q3 profit drop as revenue growth slows, costs rise

Indian staffing firm TeamLease Services Ltd on Wednesday reported a drop in quarterly profit hurt by slowing revenue growth and higher expenses.

TeamLease Edtech, PeopleCert tie up to up-skill corporate execs, graduates

With this agreement, TeamLease EdTech aims to upskill the Indian workforce to meet high-speed growth in IT and industry

Near-term headwinds likely to keep staffing solution companies muted

But valuations have turned attractive after sharp corrections since January

Indian gaming to add 100,000 jobs in FY23, grow five-fold in 7 years: Study

Industry expected to attract Rs 780 crore in foreign investment, says TeamLease Digital report

TeamLease Services plunges 18%, hits two-year low on margin concerns

The management said that the headwinds in the IT industry have started impacting the specialized staffing growth and may continue for a while

IT industry logged 25% attrition in FY22, trend to continue: Report

Non-technology lapping up as employees seek work flexibility and opportunities for career development

10 mn apprenticeships in 10 yrs: What India needs to solve its unemployment

TeamLease and JustJobs Network report notes that instead of around 125,000 apprentices, CPSUs have only 41,250 on board

Over 54% of India Inc keen on hiring in Q1FY23: TeamLease report

The hiring outlook for April-June 2022 quarter is up by four percentage points on a quarter-on-quarter basis, says TeamLease Employment Outlook Report