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.
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.
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.
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
"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.
Indian workforce prefers to work for companies operating in sectors like IT, followed by BFSI and retail & FMCG.
Google is followed by Sony India who won the runner-up position.
Last year, there was almost 16 per cent increase in hiring by the Global Capability Centres in India.
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.
Surround yourself with people who are also working hard on their own side projects, says Saagar Panchal.
Online bullies, haters, trolls - call them what you will - are the blight of social media, for not just individual users but also brands and companies.
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 VRS has been mostly offered to cut costs in wake of economic slowdown, the experts said.
The e-commerce sector gave a much higher average hike of 16-20 per cent to its executives.
Google is the most attracitve employer in India followed by Sony
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.
Showing a better trend in remuneration and other benefits for the top-level executives, staff salaries across the board have risen by an average of 50 per cent.
Banking and IT lead; see September hiring rise 52%, 34% y-o-y, respectively.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
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