Tech giant Microsoft regained the top spot in the list of best employers to work for in India in 2024, followed by Tata Consultancy Services (TCS) and Amazon, according to a Randstad Employer Brand Research report released on Wednesday. Microsoft had topped the list in 2022, but slipped to fifth in 2023. The 2024 list is based on responses from 3,507 people.
'In India, managers and the leadership almost glorify overworking.'
Several technology companies are seeking to step up hiring from Tier-II and Tier-III cities of India in 2024 to tap into a vast talent pool of skilled professionals churned out by educational institutions and training centres in these regions. Tier-II and Tier-III cities such as Thiruvananthapuram, Kochi, Coimbatore, Jaipur, Mohali, Vadodara, Chandigarh, and Indore contribute around 12-15 per cent of the country's tech talent, hinting towards the strong talent availability in these regions, according to Randstad India, a talent management firm.
According to Randstad Employer Brand Research (REBR) 2020, Microsoft India scored high on financial health, strong reputation and utilisation of the latest technologies. Others in the top 10 list are Samsung, Amazon, Infosys, Mercedes-Benz, Sony, IBM, Dell, ITC and TCS.
The top driver for the Indian workforce while choosing an employer are salary and employee benefits, followed by work-life balance and job security.
Google is followed by Sony India who won the runner-up position.
Indian workforce prefers to work for companies operating in sectors like IT, followed by BFSI and retail & FMCG.
Mandates have been handed out to staffing solutions companies such as Randstad India and TeamLease, officials at these firms have said, as players increasingly push into rural areas to capitalise on the uptick in the hinterlands.
With the job market opening up again, women will overtake men in job hopping says Ma Foi Randstad Workmonitor.
This is expected to benefit subcontractor firms such as Manpower Group, Randstad, Adecco, Kelly Services, Allegis Global Solutions and a host of other boutique staffing firms which supply skilled manpower to technology companies in the US.
Sudipto Dey discusses the changing nature of jobs with Paul Dupuis, who recently took charge as India head of HR services major Randstad.
Sudipto Dey discusses the changing nature of jobs with Paul Dupuis, who recently took charge as India head of HR services major Randstad.
The organised sector in India generated 1.13 million jobs in 2010, says the Ma Foi Randstad Employment Trends Survey.
Google is the most attracitve employer in India followed by Sony
As per location-specific salary trends, IT capital Bangalore tops the chart as the highest paying city in the country, with an average annual CTC paid for talent across all levels and functions at Rs 14.6 lakh.
Employees in the pharmaceutical sector can expect an average pay hike of 13 per cent in the 2010-11 fiscal amid robust business growth in the space, according to HR services provider Ma Foi Randstad.
According to the Randstad Employer Brand Research (REBR) 2019, as much as 52% of the workforce is willing to forfeit over 10% of their salary, to have job security.
Global software major Microsoft is the 'most attractive employer' in India, while IT, telecom and ITes are the most preferred sectors by the workforce, a survey by HR services firm Randstad said.
A majority of employees in the country expect better salary hikes in 2014 compared to previous years, spurred by hopes of brighter economic prospects.
The organised sector in India is set to create about 1.6 million new jobs in the year 2011.
Healthcare, hospitality lead in job creation.
The top reasons for dissatisfaction were an unsuitable corporate culture, difficult bosses and being asked to do more with less.
Having the right know-how and being able to adapt to changing trendsd and industry shifts can make all the difference to how a business functions today.
The survey noted that in a market like India, where there is high attrition levels, employer branding is very important as it provides an advantage to attract and retain top talent.
Indian employees most optimistic on economy in 2013 Indian employees are most optimistic about the country's economy as 83 per cent of the workforce believe that situation would improve in the New Year, says a survey.
Majority of younger employees are keen on seeking jobs abroad.
Indians are the most ambitious lot in the world with eight out of ten employees in the country likely to move to another organisation that promises them faster and better development, says a survey.
According to several industry sources in the know, expenses towards deploying contractual staffer, which used to account 10 per cent of the overall billable employee cost at IT firms, has fallen to around 3 per cent. IT firms typically use the contractual workers from staffing solutions providers or subcontractors.
Once the turf of GenY, online social networks in India have now become powerful recruiting and job-seeking tools.
With increasing number of users globally, social networking sites such as Facebook and LinkedIn are turning out to be happy hunting grounds for employees seeking new jobs.
Indians are the most mobile workers in the world, willing to switch jobs for better career opportunities than their peers in other parts of the world, a survey has found.
This year, healthcare sector will generate 2,48,500 new jobs, hospitality sector 2,18,200 real estate 1,44,700, media and entertainment 1,26,100.
Executive search firm MANCER Consulting CEO Satya D Sinha said that "the concept of expat hiring at top level management has always been prevalent across glob
Retail giant Walmart has the world's largest number of employees.
The organised sector in India has created 739,064 jobs between January and September 2010 and 394,700 more jobs are estimated to be added in the current quarter, according to MaFoi Randstad Employment Trends Survey (METS), an HR services company.
Indian workfore is the 'most mobile' in the world followed by Mexio, China and Turkey, a survey by a leading human resource service provider said on Thursday.
Employees in the government sector are less confident about finding a job as compared to their peers in other sectors but are less fearful about a job loss, a survey said.
"The next three to five months will be a more tough period for companies in terms of recruitment", managing director of leading HR service provider Ma Foi Group and Randstad India, K Pandiarajan said, expressing fears that the number of stimulus packages announced by the Centre may 'vanish' post the coming Lok Sabha polls.
Most of the hirings are, however, in the entry or junior level.
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