During the IIT placement season, which begins every year on 1 December and sometimes goes up to April, students from the computer science batch are wooed by many suitors, followed by those from electronics, electrical and the like. Civil engineering isn’t too hot. The kind of IIT that the student graduates hail from is also […]
India’s top four IT companies hired 1,940 employees on a net basis in the third quarter of FY23, down 93 percent from the previous quarter. The net addition by Tata Consultancy Services, Infosys, Wipro, and HCLTech had fallen 45 percent to 28,836 employees in the second quarter from the first quarter, when 52,842 employees were […]
Raise in tax redemption, incentives, specific schemes to benefit infrastructure and manufacturing, investment in digital infrastructure, a policy that further encourages a sturdy start-up ecosystem through easier loan disbursements, e-approvals, and more are expectations of industry people from Budget 2023-24, set to be presented by Finance Minister Nirmala Sitharaman on February 1. It is anticipated […]
Per current income tax regulations, the rate for the highest income slab, surpassing Rs 5 crore, is 42.74 percent after surcharge and cess. “This is a lot higher than several Asia-Pacific nations,” said Anshuman Das, CEO and co-founder at HR firm Careernet. Therefore, he said it is anticipated that the maximum tax rate of 30 […]
Experts also believe that although the non-tech sector will drive hiring in 2023, tech-enabled jobs will continue to dominate. “Technology will continue to be the most sought-after skill across IT, BFSI, and healthcare. In tech roles, product design, data science, big data, and mobile-app development retail merchandising and omnichannel will be in demand,” Anshuman Das, […]
Work From Home Latest Update: In the wake of rising COVID cases, India Inc is reportedly taking a cautious approach to its hiring plans. Reports in leading Business portals claimed that companies especially in the tourism, hospitality, transport and real estate sectors are mulling work-from-home options in case the fourth wave hits India. “Hospitality, automobile, […]
Careernet, India’s leading talent solutions provider, has been recognised as One of the Best Brands 2022 at the 5th Edition of the Economic Times Best Brands Conclave 2022, held in Mumbai on December 20, 2022. The award was presented for its exemplary work in the talent solutions sector and for providing customer-centric innovative services. The […]
India Inc. is taking a cautious approach to its hiring plans in view of the rising covid-19 cases in many countries, coupled with fears of a global recession. Companies in the tourism, hospitality, transport and real estate sectors are also considering work-from-home options if a fourth wave hits India.“Hospitality, automobile, commercial and office real estate, […]
For many firms, the gap between demand and availability of talent is an expensive concern. Without a workforce equipped with the right skills, employees and organisations struggle to meet the operational requirements necessary for businesses to remain competitive. According to a NASSCOM report, ‘GCC India Landscape – 2021 & Beyond!’ today, nearly 25 per cent […]
Move over from ‘quiet quitting’. Increasing layoffs and job insecurity has given prominence to ‘career cushioning’, which loosely translates as employees being ready with a plan B. This time, the workplace has borrowed this trend from the dating industry. In romantic relationships, cushioning is a strategy to soften the blow of a breakup. In the […]
