The fuel secretly powering India’s economy — GCCs

The fuel secretly powering India’s economy — GCCs

The explosive growth of global capability centres (GCCs) providing technical, operational, research and innovation services to some of the world’s largest corporations is emerging as a “force multiplier” for the Indian economy, industry experts and analysts said. Currently, over 1,600 GCCs — employing an estimated 1.5 million people across India’s major cities — are generating […]

Contractual hiring spreads beyond tech firms

Contractual hiring spreads beyond tech firms

The trend of contractual employment which gained momentum in tech-based firms post the COVID-19 pandemic has now spread its roots across various sectors such as consumer durables, e-commerce, and retail. These sectors are increasingly leveraging contract roles to navigate short-term market demands, scale operations flexibly, and on the back of rapid adoption of artificial intelligence. […]

AI in HR is stretching the market for job seekers in 2024 | The Industry Tales Podcast

AI in HR is stretching the market for job seekers in 2024 | The Industry Tales Podcast

Tune in to the ‘Azure Developer Community’ podcast to hear Anshuman Das, Co-Founder and CEO of Careernet, share his extensive experience in the search, selection, and technology industry. He discusses his leadership role at Careernet and the company’s comprehensive suite of talent solutions. Discover how Careernet is championing diversity and inclusion, leveraging digital-first hiring solutions, […]

Women in the Indian workforce Strides towards parity

Women in the Indian workforce: Strides towards parity

Empowering women from a young age with quality education is a crucial step towards achieving gender equality. When young girls have access to high-quality education, they gain the knowledge, skills, and confidence to pursue their dreams. This lays the foundation for women to excel in the workplace and become a force of change in their […]

Power of short-term hiring in modern business

Power of short-term hiring in modern business

Rapid technological advancement, changing market dynamics, and global uncertainties are key drivers of the modern business landscape. Since navigating the current business environment can be challenging, businesses need to practise agility and adaptability for survival and growth. This mindset also extends to the hiring function, making short-term hiring a nimble solution for companies to quickly […]

Contractual job hiring by firms up 15% CAGR since Jan 2022, says report

Contractual job hiring by firms up 15% CAGR since Jan 2022, says report

Contractual jobs in India have expanded at a compound annual growth rate of 15 per cent since January 2022, said a report on Wednesday. Offshoring services companies had the largest share some (55 per cent) of contractual employees within the information technology (IT) staffing domain. Around 30 per cent of such employees were affiliated with […]

Contractual jobs register 15% CAGR, offshoring services bag largest share: Report

Contractual jobs register 15% CAGR, offshoring services bag largest share: Report

Contractual jobs have been growing at a 15 percent compound annual growth rate (CAGR) since January 2022, according to the ‘Contractual Hiring Trends in India’ report by talent solutions provider Careernet. The study found that offshoring services companies continue to employ the largest share of around 55 percent of all contractual employees in the information […]

Contractual hiring witnesses growth at 15% CAGR since 2022: Report

Contractual hiring witnesses growth at 15% CAGR since 2022: Report

Contractual jobs have been growing at a strong 15 per cent CAGR since 2022, and an even bigger leap of 20–25 per cent is expected in 2024 compared to the preceding year, according to a report by Careernet. The report titled ‘Contractual Hiring Trends in India,’ noted that offshoring services companies continue to employ the […]

Staffing firms see uptick in hiring tech talent for GCCs

Staffing firms see uptick in hiring tech talent for GCCs

Staffing firms and job portals have observed a significant increase in the hiring of tech talent by Global Capability Centres (GCCs) in India. According to Careernet, a talent solutions provider, the proportion of tech talent at GCCs is at least 55% of the total talent base. This trend has been particularly evident since the onset […]

Recruiters shift focus from IT as hiring remains slow

Recruiters shift focus from IT as hiring remains slow

The slowdown in IT sector hiring has pushed recruiters to bank on other industries like retail, auto and manufacturing to make up for lost business. The development has effectively swivelled the job market 180 degrees from an employee’s market to that of the employer. Anshuman Das, chief executive and co-founder of Careernet, a talent solutions […]