Around two-thirds or 70 per cent of employers surveyed would either not allow employees, who refuse to get vaccinated to step into the workplace or ask them to quit the organisation. It also showed that 94 per cent employers and 87 per cent employees want people coming in to work to be vaccinated with at least a single dose.
Only 2.3% of the Indian workforce has undergone formal skill training, as compared to 68% in UK and 52% in the US
'In the current scenario e-commerce delivery is flourishing, driving demand.'
Sector experts say rising pressure on margins owing to price discounts on the core business, increased hiring in the US and emergence of new technology areas are key reasons for such cost cutting.
India's current economic growth would continue for at least 15-20 years and Rural India would be the new engine for a double digit growth, Chairman of the ICICI Bank Limited, K V Kamath said.
Whereas the headline growth rate appears very respectable, India needs faster to growth to generate jobs.
The state-run miner, which recently raised a record Rs 15,000 crore (Rs 150 billion) from the markets, is running short of executive manpower, even as it looks at expanding production to meet rising coal demand in the country.
The government on Tuesday said it has extended connectivity norms for work from home for IT and BPO companies till December 31. The time period for work from home was expiring on July 31.
'India is still hierarchical, but not as much as Japan and people appreciate a flat working culture,' Charles Frump, managing director, Volvo Cars India, tells Pavan Lall.
While India's human development index has improved, absolute performance levels aren't satisfactory, says T N Ninan.
Google is the most attracitve employer in India followed by Sony
'India has an advantage because we produce more cotton and we have more workforce.'
The PMO said mass yoga demonstrations will be organised at 75 iconic locations across the country under the leadership of 75 Union ministers, with Modi attending the exercise at Mysore.
The key risks against a fast recovery would include long delays in business travel resumption, delays in commissioning, etc.
Entrepreneurs, however, say they are unsure when the many obstacles in India will be cleared.
The survey, conducted by Australian workforce managers Kronos across Australia, China, France, the UK, India, Mexico and the US, found China taking first place at 71 per cent, followed by India at 62 per cent and then Australia at 58 per cent.
The ability to make smarter data-driven decisions will be a critical skill that every employer will be looking at in every prospective employee.
Is India witnessing jobless growth or is there actually no issue with employment? The real story is between the first two suggesting that though there is sufficient employment, the challenge is to create well-paying quality jobs, says Amitabh Kant.
Their implementation is expected to create investment owing to improving ease of doing business as well as initiating pro-worker measures.
John Chambers, executive chairman of Cisco, can talk about new age technology, artificial intelligence and crickets - insects being used as super food - all in the same breath.
Interestingly, the companies are cutting jobs in India too, even as they have hiring plans in the country. For instance, software giant Microsoft recently said it would create employment opportunities in tune with the growth of the Indian economy.
The company, which had made voluntary disclosures about the bribery incident to the US authorities, also said with this resolution, there was no pending investigations against Cognizant.
'Unless it becomes really a big epidemic in India where a huge number of people are getting sick and lakhs of people dying, I do not see a major impact on the insurance sector.'
Do a straw poll of any business friends and you will laugh and weep at what they go through, points out Rahul Jacob.
Experts feel the figures are modest for a count of the size of 1.3 billion and "much more number of tests" are needed to combat COVID-19 outbreak in the country.
Cricket Australia (CA) has already furloughed about 80 per cent of its workforce, while state associations have also made deep staff cuts in recent weeks.
