More companies gave double digit increments in the first six months of this year compared to the number that had expected to give such increments six months back, according to Naukri Hiring Outlook survey. At an overall level, 68% recruiters gave increments more than 10% in 2015. “The percentage of recruiters who actually doled out […]
Following a similar report from Monster India, the biggest hiring portal of the country — Naukri.com, has also pointed to a sharp increase in hiring in June this year. Naukri’s Job Speak Index for the month of June 2015 stood at 1749, up 11% over June 2014. Essentially, the index compares the number of new […]
Diamond industry associations jointly decided not to suspend imports of rough diamonds right now, and to deal with the issues facing the industry through further consultations. The industry considered clamping down on imports, but decided against it as “as the workforce in factories will be the first priority for the trade.” At present, the Indian […]
Commonfloor.com has introduced a new ‘Free-lenser’ program aimed at amateur and freelance photographers that will help them work and earn. CommonFloor is calling-in entries from photographers who are interested to "capture pictures of a locality which can depict the essence and nuisance of that area." "This first-of-its-kind program will work as a vehicle for photographers […]
The Indian economy is kicking into the high gear, going by hiring data from Monster India, part of the global recruitment firm Monster Inc. With a 32 percent YoY growth, the month of June has registered the highest increase in the online recruiting this year, the company said. The index reading was 202. Launched in […]
A survey by ASSOCHAM and National Institute of Labour Economics Research & Development has found that India adds around 72 lakh members to its workforce every year, and the total work force will rise to 485.6 million by 2016-17 and to 495.1 million by 2019-20. The survey also found that manufacturing, construction and services including […]
Not surprisingly, the Information Technology sector in India has turned out to be the most lucrative from the perspective of salary, paying its employees an average of 341.8 rupees per hour. At 9 hours per day and 22 days in a month, that works out to a median salary of Rs 67,518 per month, according […]
Wipro will cut one third of its employee base. Tata Consultancy Services to apparently let go off 25,000 senior employees (according to Business Standard). Infosys is in the middle of a transformation aimed at limiting the number of employees and increasing the use of automation. Is the golden age of Indian Information Technology over? More […]
The millions of engineers who pass out from Indian colleges every year looking for IT jobs will have to either learn specialised skills, or look for other sectors, a new report said. The report said recruitment by IT companies in India will halve over the next four years. “Incremental recruitment by the information technology (IT) […]
Hiring levels continued to be robust in India, according to the Monster Employment Index for August. The index, which compares hiring in a particular month against a base month, saw hiring activity hold firm in line with the trend seen since February. Hiring activity, as measured by the index, has remained at the 150-154 range […]
Tata Consultancy Services Ltd may hire more off-campus freshers this year than previously as it has offered only 25,000 appointment letters as part of its campus recruitment program for this year. The company, which crossed the 3-lakh employee base last quarter, plans to hire about 55,000 people this year, and said it has given letters […]
IIT Roorkee said the highest offer under its campus placement program this year was Rs 73 lakh (Rs 6 lakh per month), while the highest by a domestic company was Rs 32 lakh (Rs 2.66 lakh per month). In all, Indian Institute of Technology Roorkee received 1047 job offers through campus recruitments out of the […]
