GCCs are hiring more fresh talent, offering higher salaries for in-demand skills. A new report shows that freshers can expect a 40% increase in hiring. There is also steady demand for mid-level and senior roles. Cloud-based infrastructure and AI technology are driving tech hiring trends, urging upskilling for professionals.
India's engineering talent could help fill the global semiconductor workforce shortage, the report said. The market is expected to grow to USD 1 trillion by 2030. India's own semiconductor market is projected to reach USD 80.3 billion by FY28. Initiatives in design, fabrication, and OSAT facilities are strengthening India's position in the industry.
Festive season offers lucrative opportunities for job seekers, particularly in consumer-driven industries like retail, logistics, and e-commerce, which experience heightened demand for skilled workers. Key roles include customer service, supply chain, delivery, and fulfillment. Success in this competitive market requires flexibility, adaptability, and the ability to work under pressure.
Many industries are now offering flexible work models to mid-career professionals. This includes remote and hybrid options across sectors like technology, financial consulting, and education. Experts suggest mid-career professionals should acquire relevant skills and certifications to make themselves more suitable for these opportunities, enhancing their adaptability and productivity in various work environments.
The second half of 2024 saw continued layoffs across the tech sector, with major companies like IBM, Cisco, and Microsoft significantly reducing their workforces. The ongoing restructuring and cost-cutting measures, prompted by economic challenges, are impacting both large corporations and smaller startups. Despite these layoffs, projections for the IT services sector in FY25 show a promising rebound in fresher hiring.
Succession planning is vital for organisations to maintain leadership continuity and stability. Effective strategies can help companies outperform their peers financially. Key steps include identifying critical roles, defining needed competencies, assessing current talent, and creating development pathways. Engaging leadership and aligning with business strategies are also essential for successful succession planning.
Transitioning into a new leadership role can be a daunting challenge for many leaders. To ease this process, transition coaches have become increasingly vital. Nirupama VG of AdAstra Consultants highlights that many skilled leaders struggle during their initial months in new positions, often facing high expectations and uncharted territory.
GCCs are hiring more fresh talent, offering higher salaries for in-demand skills. A new report shows that freshers can expect a 40% increase in hiring. There is also steady demand for mid-level and senior roles. Cloud-based infrastructure and AI technology are driving tech hiring trends, urging upskilling for professionals.
India Inc will offer a median salary increase of 9.5% in 2025. It matches the hikes in 2024. Pharmaceuticals, manufacturing, and insurance sectors will see higher increases. Concerns include cost management, inflation, and a tighter labor market. 28% of companies plan to add headcount, while 68% will maintain their current numbers.
Work, workplace and the workforce are changing; companies need to build a strategy and reimagine workplace experiences for tomorrow
NABARD opens recruitment for Office Attendant in Group 'C' positions. Eligible candidates can apply online from 02 to 21 October 2024. Applicants must have passed 10th Standard, be a domicile of the applied State/UT, and fall between 18 to 30 years age limit as of 01 October 2024.
CSIR UGC NET June 2024 Result: The National Testing Agency has announced the Joint CSIR UGC NET Result 2024. The result and category-wise cut-off marks are available on the official website csirhrdg.res.in. Candidates can check their results, which include their roll number and rank. For Ph.D. admissions, the NET score will be valid for one year and carry 70 per cent weightage.
The National Testing Agency (NTA) is set to release the UGC NET June 2024 results soon on ugcnet.nta.ac.in. The results will determine eligibility for JRF, assistant professorships, and PhD admissions across 83 subjects, based on scores calculated using a specific percentile formula.
