90 per cent of institutions recorded no improvement in international student metrics, despite government initiatives such as the Study in India programme, UGC regulations on internationalisation, and efforts to attract foreign students.
TeamLease Digital CEO Neeti Sharma discusses how AI is driving a structural reset in the tech industry, leading to layoffs, reshaping hiring practices, and increasing job insecurity.
The organised sector now accepts accredited firms as labour providers for factory shop floors.
At times, this stress reaches a tipping point, resulting in tragedy. 'Organisations need to empower their people managers to foster psychological safety, where employees feel seen, heard, and supported -- not just as professionals, but as people navigating the pressures of work and life.'
'Keeping a bench increases cost. If you keep a bench, the skills may not remain relevant.' 'In the future, bench strength will literally be zero.'
'If people want to work 90 hours, we should let them work.' 'If people want to work 30 hours, you should let them work 30 hours.' 'But they should not expect the same level of success and attention.'
'These are the two core skill sets that are required for any job, in any profession.'
While praising the internship scheme announced in the Budget, India Inc wants clarity on how it will be implemented. The scheme is expected to help companies address the skill gap in employment. Dheeraj Hinduja, chairman, auto major Ashok Leyland, said: "We had started an internship programme at our plant in Pantnagar, which we established in 2010 with colleges there.
'Considering Pai is putting his own personal money in Byju's, stakeholders in the company can look forward to more governance and transparency.'
More people working in India's technology industry have lost their jobs in the first six months of 2023 than in the corresponding period in 2022.
Last year, it was not just the economy that slowed hiring. Employers were also unable to complete the verification process because of the lockdowns, resulting in delays in hiring and an increase in discrepancies between an employee's professed abilities and the reality. The experience is driving many companies to automation. In a recent EY survey, 56 per cent of the companies said they'd automated their processes, while 72 per cent felt technology could be leveraged to digitise employee records.
Nearly 40 per cent of IITians sitting for placements in 2024 are yet to receive job offers, showing a doubling of the 'unplaced' in the last three years from 19 per cent in 2021-2022 to 38 per cent in 2023-2024.
'Byju's financials only reflect the core business. At a group level, they are experiencing substantial losses.'
The labour ministry on Thursday held discussions with representatives of private job portals, including Naukri, Monster, LinkedIn, Indeed and TimesJobs. The ministry held discussions towards strengthening the 'Employment and Skilling Ecosystem' in India, an official release said. Sunil Barthwal, secretary, ministry of labour and employment held a meeting on 10th February 2022 with representatives of the top private job portals of the country, the release said.
The decision to allow students to pursue two degrees simultaneously will boost their employability as it gives them the opportunity to concentrate on one mainstream undergraduate degree while enrolling in another with a vocational focus.
Six states out of 22 major states and Union Territories (UTs) generated fewer formal jobs for the youth in the September quarter than they did in the corresponding quarter a year ago, a Business Standard analysis of the data released by the Employees Provident Fund Organisation (EPFO) shows. States like Punjab (-12.4 per cent), Himachal Pradesh (-10.3 per cent), Jharkhand (- 7.2 per cent), Assam (-3.7 per cent), Gujarat (-3.4 per cent) and Rajasthan (-.1.1 per cent) saw further decline in the number of net new subscribers in the second quarter (Q2) of FY23 compared to the last year. The analysis did not include northeastern states, except for Assam. This is crucial as the subscribers in the 18-28 age group are seen as first-timers in the labour market, thus reflecting the robustness of the job market.
Bangalore and Hyderabad have seen the highest attrition rates in the country. During the past year, Bangalore, Hyderabad and Chennai had higher attrition rates than other cities. In Bangalore, ITeS lead in employment growth and it was followed by the health sector. On the other hand, financial services sector saw a negative growth in the city.
EPF allows partial withdrawal to meet situations like house construction, medical emergency, and so on.
The attrition today stand at 17.24 points, according to the Employment Outlook Report for the January-March quarter of 2011 brought out by the TeamLease Services Private Limited, India's largest staffing company.
Experts point out teaching in its online avatar helps address women specific concerns, like care-giving responsibilities, lack of safe public and work spaces, and the inability to move to cities.
Fresher hiring is expected to more than double compared to last year.
IndiGo has confirmed the delivery of the next set of 25 ATR-72 jets and will be inducting around 10 planes by the end of this calendar year, making it the largest regional fleet operator in the country.
The move will help industries in pushing authorities for exemption under various labour laws at a micro-level, along with demanding changes to bring greater flexibility in their operations related to retrenchment, safety standards, and collective bargaining.
Gains were led by Tata Motors amid robust sales in June along with select financials.
The decision to drop the proposal was taken last month during a meeting that Finance Minister Arun Jaitley held with labour ministry officials.
A degree may help you start your career, but it is only skills that will build your career.
You need to revamp both your work practices and technology tools to maintain your efficiency and effectiveness
EduBridge is emerging as a strong player in training unemployed youth.
'Online teaching requires a new set of skills to be acquired by the teacher.' 'These skills are not like foot sizes or height which can't be improved, but are like muscles which can be developed with some practice.'
The first step in your order of priority should be to pay off any high-cost debt you might have incurred.
The start-up story appears to be losing its sheen due to corporate misgovernance, financial mismanagement and gender discrimination.
