The reimbursement components of your salary require you to furnish bills before they become tax-exempt. Producing them may be difficult this year.
Employment exchanges will not remain mere places where people register their names and begin an endless wait for a call for an interview for a job which, most often, may never happen.
EPF allows partial withdrawal to meet situations like house construction, medical emergency, and so on.
Quick Heal Technologies which got listed in February has taken the steepest hit as its shares have slumped 31 per cent against its IPO price.
More than 61 per cent of women choose non-professional courses.
'We are anticipating that the hiring trend will continue to see double-digit growth at least for the current financial year.'
HR experts estimate that up to 70 per cent companies in the manufacturing and services space including sectors like auto components, edutech and construction equipment are looking to restore the salary cuts over the next couple of months.
According to the TeamLease's Salary Primer for 2013, hiring will increase going forward and salaries too will see an upward movement across most industries.
The employment outlook report, by staffing solutions company TeamLease Services and Indian Institute of Job Training, doesn't make for a happy reading.
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.
Job portals like Monster.com and Naukri.com affirmed the observation.
According to the TeamLease Employment Outlook Survey for the next six months (October 2014 - March 2015), global macroeconomic trends and domestic demand have put business and employment sentiment on a fast paced upward trajectory.
From cloud computing to people analytics, most lucrative future jobs will be dominated by people with digital skills and expertise, explains Sarita Digumarti, chief learning officer, UNext Learning.
Hiring intent in IT and ITeS was the highest in cities like New Delhi, Mumbai, Hyderabad and Pune.
Once the new rules kick in, you will have less cash-in-hand and may feel tempted to scale back on savings and investments.
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.
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.
According to the quarterly report, hiring sentiment saw a marginal improvement with the employment outlook index for the January to March quarter standing at 47 index points, one per cent higher than the previous quarter.
Indian start-ups and software product companies are trying to attract engineers and programmers who are either stranded in India because of the lockdown or H-1B visa holders who have been laid off.
Experts attribute this trend to a combination of end of capital expenditure cycle, increased automation, RIL's preference for time-bound labour contracts, and telecom and retail's outsourced human resource model.
Retail, logistic, educational services and fast moving consumer goods and durables alone will add around 1.66 lakh, 1.49 lakh, 1.17 lakh and 1.10 lakh jobs respectively.
A conducive labour situation could also help push the nation's per capita income to a $4,100 (around Rs 1,87,554 at an exchange rate of Rs 45.74 per dollar) by 2025, according to the 'India Labour Report 2009', released in partnership with IIJT Education.
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The salaries of temporary and permanent staff is starting to converge, at least in some sectors. This has had a positive impact on the attitude of the people towards temping which had till now not been considered by many as respectable, primarily due to the variance in the salaries, according to the Annual Temp Salary Primer 2008 by TeamLease Services.
Kolkata tops the list of Indian cities when it comes to the employment outlook index. It has bounced back after the last quarter, when there was a sharp decline of 41 points on the index compared to the October-December quarter of 2008-09, which saw a dip of 69 index points on the back of Tata Motors' decision to pull out its Nano project from Singur. While infrastructure and financial services were the worst hit, retail, media and FMCG contributed the most towards growth.
Rituparna Chakraborty, co-founder and EVP, TeamLease Services explains which sectors will contribute to India's growth story.
According to draft Code on Social Security, 2019, gig and platform workers will be entitled to life and disability cover, health and maternity benefits, among others.
As the country launches itself on a higher growth trajectory but with rising unemployment, a report says that unemployability is a bigger crisis than unemployment. "About 53 per cent of employed youth suffer some degree of skill deprivation while only 8 per cent of youth are unemployed," says India Labour Report 2007.
When it comes to being the big boss, the male gender continues to be the preferred species compared to a female counterpart calling the shots, according to a recent survey on 'Gender Preferences in Bosses'.\n\n
A slowdown in the global economy and the rupee appreciation are expected to hit India Inc's job recruitment plans as the country's employment outlook dipped by six points to 74 points in the April-June 2008 quarter. The business outlook dropped by 9 per cent to 70 points, according to staffing agency TeamLease Services' quarterly Employment Outlook Report.
Adapting to the new hybrid normal of remote and office work, cautiously optimistic corporate are looking to hire more people and provide better appraisals in the new year as they step out of the pandemic-ravaged 2020. The coronavirus pandemic emerged as the biggest inflection point for the Indian job landscape. For the corporates, work-from-home and remote workers became the new normal and for the professionals, online learning and digital skills took centrestage.
Around 55.7 per cent of the workers had no qualms in fudging their cost details and almost 61 per cent felt that it is fine to take printouts and photocopies in offices for personal work, says a survey by TeamLease Services.
Global companies, e-commerce platforms and software product firms all want skilled digital workers.
If retrenched workers are unable to reskill within a fixed period of time, they will have to return the money given to them by the government. Moreover, they may be asked to pay back an interest on the sum transferred.
Galloping growth triggered mass hiring and salarys levels soared in its wake.
Many firms have asked those joining on April 1 to delay their on-boarding by 2-3 months. The outlook for the airline, tourism, hotel, and media industries is bleak too.
India's salvation lies in job creation by entrepreneurs, say Manish Sabharwal and Ashok Reddy.
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.
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