With more and more companies preferring to hire employees on project basis, a report has revealed that there is likely to be 90-110 lakh additions to the gig workforce by 2025, a report said on Wednesday. The gig economy has been one of the most pivotal economic shifts in a long time and people are choosing gig jobs because it works with their lifestyle, they can choose when and how much they work, or it allows them to earn money between jobs, global job site Indeed said in the report. According to the report, companies have also started investing in gig work platforms and processes, which indicates how integral they are to the future of jobs growth in India.
India was a secular country and even the Constitution permits taking an oath in the name of God or the Constitution, the bench pointed out.
A red-faced Pakistan International Airlines (PIA) was forced to issue a clarification on Friday after the State-owned carrier received much flak for its bizarre dress code for its cabin crew, instructing them that wearing undergarments underneath the uniform was a must.
In a multi-year first, the country's largest software exporter TCS on Monday reported a marginal decline in its overall employees for the December 2022 quarter but announced that it will be hiring over 1.25 lakh staff in FY24. The software firm posted a decline of 2,197 people in its employee base for the October-December period to 6.13 lakh. The Tata group company, however, made it clear that this was due to the higher hiring done over the last 18 months, and not driven by the demand environment.
N R Narayana Murthy's speech is an absorbing study on how great companies can be hurt if the right decisions are not taken.
As the country slowly paces back to normalcy with the declining rate in COVID-19 cases, rapid vaccine drive, and growing economic and employment rate, a survey has revealed that 73 per cent of employees are in favour of the hybrid model of work across industries. Over 73 per cent of the employees interviewed respondents said they are in favour of this new emerging hybrid model across industries, according to a survey by HR solutions provider Genius Consultants. As most organisations across various industries were forced to shift staff operation remotely owing to the pandemic restrictions, most employees opined that this provision should continue even after the situation normalise, it added.
India registered over 10,000 cases for the tenth day in a row.
The mysterious Himalayan 'yogi' who allegedly advised Chitra Ramkrishna, former managing director and chief executive officer of the National Stock Exchange (NSE), on important matters of the bourse could be none other than Anand Subramanian, according to a letter written by former NSE chairman Ashok Chawla to the Securities and Exchange Board of India (Sebi). Subramanian was group operating officer of the NSE and advisor to Ramkrishna during 2015-16. He joined as chief strategic advisor in April 2013.
An increasing number of hiring managers are opting for video conferencing platforms to know the candidates, explains Narayan Bhargava, chairman and managing director, Calibehr.
India's Gurpreet Singh slowed down considerably during the race and was seen sitting on the sidelines after the 35km mark, being helped by the medical team of the race but did not seem to be in much trouble.
Acknowledging a job well done can go a long way especially for professionals who are the driving force behind an enterprise's business operations, notes Vijay Gupta, director-global human resources at Rahi, a tech solutions provider.
September 13 is the last date to apply for the Common Admission Test 2023. I always recommend to do the registration early on.
Go through the form carefully and be sure about all the data that you are intending to fill in, advises Aashish Sood.
Dip in attrition rates and higher bench strength seem to be signalling a normal year for hiring in FY24.
The Lok Sabha on Wednesday suspended the Question Hour and took up for discussion an Opposition-sponsored adjounment motion on the Nanavati Commission report.
However, the social media giant hasn't responded to as yet.
The procurement proposals were approved by the Defence Acquisition Council headed by Defence Minister Rajnath Singh, the ministry said.
Parliament has cleared the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, recently. The objective of the Act is to invite investments from the private sector, including foreign companies, for mining minerals such as lithium and other critical minerals. Other than lithium, some of these minerals were classified as atomic minerals, including beryl and beryllium, niobium, titanium, tantalum and zirconium.
Roles ranging from digital marketing to wealth management are some of the emerging roles, notes Sekhar Garisa, CEO, foundit, a job search app.
Yuta Obara of Japan won gold with 1:01.118s (speed 59.902 km/h), Malaysia's cyclist Mohammad Fadhil clocked 1:01.639s to claim the silver.
The Tamil Nadu government on Thursday lifted the restriction on weekend worship in temples with effect from today and also permitted all shops including restaurants and bakeries to function till 11 pm.
When I was very new at my job I recall a colleague who felt it was ok to get too close for comfort or even try to hold my hand if he got a chance. I was too afraid to speak up because he had tenure in the organisation and was a favourite with my boss, remembers Aarti David.
Former NSE managing director (MD) and chief executive officer (CEO) Chitra Ramkrishna and group operating officer and her advisor Anand Subramanian ran a 'money-making scheme' during their stint at the National Stock Exchange (NSE), markets regulator Securities and Exchange Board of India (Sebi) has alleged. The order passed by Sebi dated February 11 highlights frequent increase in the compensation package of without proper appraisal, documentation or file notings, and the involvement of the human resource (HR) head or the nomination and remuneration committee. Furthermore, the order talks about Subramanian being directed to "withdraw and surrender" to the unknown person a gross amount per month as "gratitude".
In 2022, the hybrid work culture will become more relevant to attract and retain talent, while also ensuring they foster a sense of wellness and belonging in the workspace.
Wipro on Tuesday asked its employees to be in office at least three days a week. It has informed its employees that offices will be open for four days a week, starting October 10. In an e-mail to its employees, Wipro said: "Starting October 10, Wipro's office will be open Mondays, Tuesdays, Thursdays, & Fridays. We will not be open on Wednesdays." The company said in the e-mail, seen by Business Standard, that the move will "help us enjoy the camaraderie and team spirit of connecting in person while maintaining hybrid work flexibility".
Udayanidhi has handed over to the BJP one real issue to draw the line between it and the INDIA alliance, predicts N Sathiya Moorthy.
Moving over 520,000 employees to a digital work model is no mean feat. Having done so, Tata Consultancy Services (TCS) is taking these learnings to help clients digitise their work models. Swiss Re is one such client. For the global information technology services firm with a headcount of 528,748 as of end-September, the shift to a single human resource (HR) platform started a few months before the pandemic started, when TCS moved its HR solutions to Microsoft's platform. Siva Ganesan, global head, Microsoft business unit, TCS, still remembers the early days when TCS embarked upon a move from an existing software platform to a digital medium for communications on a Microsoft Office platform.
Public-sector banks, which are the largest employers in the banking space, have seen a drop in clerical staff over the years.
Software major Tata Consultancy Services on Wednesday reported a 14.8 per cent rise in net income to Rs 11,392 crore for the fourth quarter of last fiscal against Rs 9,959 crore in the year-ago period. The country's largest technology services company by market value said its revenue rose 16.9 per cent to Rs 59,162 crore during the reporting season from Rs 50,591 crore a year ago.
Most of the hirings are, however, in the entry or junior level.
Two-thirds of organisations in the Indian technology sector are hiring gig workers as they respond to a changing business landscape, said a report by industry organisation NASSCOM and others on Thursday. Focus on requirement for specialised skills, employee demand and cost optimization enabled organisations to use the gig model for technology roles traditionally restricted to HR and support functions. Software development, UI/UX design, and data analytics were the top three gig skills the technology sector needed.
On the whole, the case for Period Leave is compelling. It may well bring more women into the workforce. But the concept will likely be hostage to the whims of enlightened companies, notes Kanika Datta.
The quartet of Muhammed Anas Yahiya, Tom Noah Nirmal, Rajiv Arokia and Amoj Jacob finished fourth in the second heat with a timing of 3:00.25 seconds, but missed qualifying for the eight-team final by a whisker as they ended up ninth overall.
'It is a sign of a bigger problem which is coming in the next six months.'
HR Guru Mayank Rautela offers practical advice.
Jobs in HR, administration and recruitment have seen a substantial rise as per Monster data with a 42% growth in job posting activity.
According to consultancy and advisory firm Feedback Ventures, increasing human resources costs and pressure on pricing from medical insurers and third party payers could impact profitability of the country's private healthcare players.
'They are not called the President's National Awards for no reason.'
Sunder Ramachandran, managing partner at WCH Training Solutions learnt some important lessons in human resource management from a person who was laid off from a private equity firm that paid him $65,000 per annum.
The Centre has issued directions for blocking multiple YouTube videos and Twitter posts sharing links to the BBC documentary 'India: The Modi Question', sources said.
