Thursday, March 28

Tag: Survey

India’s Richest 1% Corner 73% of Wealth Generation: Survey
INDIA

India’s Richest 1% Corner 73% of Wealth Generation: Survey

The richest 1 per cent in India cornered 73 per cent of the wealth generated in the country last year, a new survey showed today, presenting a worrying picture of rising income inequality. Besides, 67 crore Indians comprising the population's poorest half saw their wealth rise by just 1 per cent, as per the survey released by the international rights group Oxfam hours before the start of the annual congregation of the rich and powerful from across the world in this resort town. The situation appears even more grim globally, where 82 per cent of the wealth generated last year worldwide went to the 1 per cent, while 3.7 billion people that account for the poorest half of population saw no increase in their wealth. The annual Oxfam survey is keenly watched and is discussed in deta...
75% Employers Not Comfortable With Work-From-Home Option
ANALYSIS

75% Employers Not Comfortable With Work-From-Home Option

While a whopping share of 90 per cent employees say they want a work from home option, 75 per cent of employers are not comfortable with the idea, said a recent study. "Nearly 60 per cent organisations do not have a formal work-from-home policy. Incidentally, 75 per cent employers are not even comfortable with the idea, whereas 90 per cent employees are keen on having such a policy at work," according to a study carried out by job portal, TimesJobs. The study was conducted with a sample size of over 1,100 employees and nearly 800 employers. "To survive in todays competitive business world, companies need to transform from a command and control culture to an empower and enhance value system. Organisations that are able to create a culture that nurtures agile, high-performance teams...
536 Million Users to Log Onto Internet in Indian Languages by 2021
ANALYSIS

536 Million Users to Log Onto Internet in Indian Languages by 2021

An estimated 536 million Indians are expected to use regional languages while online by 2021, complemented by increasing affordability of devices and data charges and availability of more local content, a report by Google-KPMG says. The report estimates that Hindi Internet users (at 201 million) will outnumber those accessing the web in English at 199 million by 2021. India is expected to have 735 million Internet users by the same time from 409 million in 2016. Interestingly, a significant number of Indian language Internet users already access government services, classifieds, news and payment services "exclusively online". Indic language users are not just accessing chat apps and digital entertainment but are also opting for digital payments methods. In 2016, the ...
Indian PM Modi Wins Online Reader’s Poll For TIME Person of The Year
INDIA, News

Indian PM Modi Wins Online Reader’s Poll For TIME Person of The Year

Prime Minister Narendra Modi has won the online reader's poll for TIME Person of the Year 2016, beating out other world leaders like US President-elect Donald Trump, incumbent US leader Barack Obama and Russian President Vladimir Putin. Modi won with 18 percent of the vote when the poll closed last night, getting significantly more votes than his closest contenders, including Obama, Trump and Wikileaks Founder Julian Assange, who all received 7 percent of the 'yes' vote. Modi was also placed far ahead of other prominent figures of this year, like Facebook founder Mark Zuckerberg (2 percent) and US Presidential nominee Hillary Clinton (4 percent), Time said. Time's editors will decide the final Person of the Year later this week, but the online poll results provide a look at how the world...
Dissatisfaction With Job on the Rise, Employees Blame Poor Work-life Balance: Survey
ANALYSIS

Dissatisfaction With Job on the Rise, Employees Blame Poor Work-life Balance: Survey

A Whopping 60% Indian Employees are not Satisfied With Their Current job, 80% are Looking out for job Change Reveals the 'Job Satisfaction 2016' by Timesjobs. India Inc. is about to be bumped over by a big challenge - that of talent retention. The findings of the 'Job Satisfaction 2016' survey reveals that 60% employees are not satisfied with their current job and 80% of the participating employees stated that they are looking to switch jobs. Compared to the 'Job Satisfaction 2015' survey results there has been a noticeable rise in the level of dissatisfaction. In the 2015 study, 78% employees stated that they were happy with their current job, although they were still open to other opportunities. This drop in satisfaction is a sharp contradiction to the claims and promises of Ind...
Study Shows Over Half of all Employees Feel Dissatisfied With Their Salary
ANALYSIS

Study Shows Over Half of all Employees Feel Dissatisfied With Their Salary

A study by leading Job Portal reveals that 55% Gen Y and 53% Gen Z employees were disappointed with their first-drawn salaries. Dissatisfaction with salary is not new, however the reasons may have changed with changing aspirations of different generations. "This disappointment with salaries is due to many factors - the lack of a proper benchmark tool is one of the reasons which are not readily acknowledged. However, if you can assess your worth on the basis of what the standard payout is in a particular sector for a particular role, you will be saved of that disappointment when you actually get the job offer," says Vikas Deep Verma, Head of Product and Marketing, TimesJobs. The TimesJobs study based on the first job journey of Gen Z and Gen Y workforce also reveals that Gen Z is quic...
Only 3% Mobile App Users in India Spend Money on In-App Purchases
ANALYSIS

Only 3% Mobile App Users in India Spend Money on In-App Purchases

Just about 3.1 per cent of mobile app users in India spend money on in-app purchases compared to 5.2 per cent globally, according to a new report. However, Indian users spend almost as much as global average for in-app buys. "Only 5.2 per cent of users spend money on in-app purchases globally and in India it is 3.1 per cent. The average paying user however spends USD 9.60 in monthly transactions per app with purchase activity globally -- and USD 8.78 in India," said the State of In-App Spending report by AppsFlyer, a mobile marketing attribution analytics company. The report based on In-app Purchase (IAP) behaviors of more than 100 million mobile app users across over 1,000 apps - found that, overall, Asian users spend 40 per cent more on in-app purchases than the rest of the world wh...
Over $8 Billion Funding in Mobile-Based Startups in 5yrs: Report
ANALYSIS

Over $8 Billion Funding in Mobile-Based Startups in 5yrs: Report

With mobile phones contributing 40 per cent of all e-commerce sales in India in 2015, startups in m-commerce, video streaming, gaming and m-payment segments attracted USD 8,053 million worth of funding through 394 early stage deals in the last five years, a report said. The highlights of the Annual Indian Mobile Ecosystem Report, by News Corp VCCircle showed startups in these four segments are identified as major contributors to driving mobile data consumption. M-commerce and mobile payments attracted investment deals of USD 7,930 million cumulatively, in the last five years, it said. Across the four segments, 2015 saw a surge in terms of deal volumes with 115 early stage funding deals amounting to USD 2,857.73 million against 87 deals worth USD 3,285 million in 2014. "With a m...
Majority of Employees Prefer to Work From Home: Survey
ANALYSIS

Majority of Employees Prefer to Work From Home: Survey

New Delhi: A substantial number of employees are interested in working from home with the preference more prevalent among those aged above 45 years, says a survey. HR services provider Randstad today said that almost equal number of men and women opined that they would like telecommuting. "53 per cent of the respondents from India said they prefer telecommuting, while 47 per cent prefer to work from the office every day," it said citing the results of a survey on workplace flexibility. The findings are based on a survey of around 7,500 employees from India. "Almost equivalent number of male (52 per cent) and female (54 per cent) respondents mentioned that they would prefer telecommuting and this preference was high among those aged 45 years and above," it noted. As much as 58 ...
Swachh Bharat: 94% People Willing to Be Part of E-commerce Packaging Reuse
News

Swachh Bharat: 94% People Willing to Be Part of E-commerce Packaging Reuse

IANS- With e-commerce rapidly growing in India, a survey has said that 94% people want to be part of any initiative for recycling of packaging material and contribute to the cleanliness campaign. "94% people surveyed said that they would be willing to recycle for a small incentive," said the survey by LocalCircles, a citizen engagement platform. The participants were asked if they would take part in box recycling programme towards the cause of Swachh Bharat (Clean India) if e-commerce companies or their affiliates collected empty goods boxes for a small shopping credit. The survey report has also been shared with the Urban Development Ministry and the Commerce Ministry. According to an Assocham report, digital commerce market in India has grown steadily from $4.4 billion in 2010 to...
CEOs Think Good Talents Go For Companies With Social Values
ANALYSIS

CEOs Think Good Talents Go For Companies With Social Values

CEOs increasingly believe that the best talent will only join and stay with organisations that have strong values and are focused on benefiting society, according to a survey. "About 67 per cent of CEOs think that in five years, rather than going for the biggest pay cheque, talent will prefer to work for organisations with social values that match their own and they are making changes to their talent strategy accordingly," PwCs 19th Annual Global CEO survey reveals. PwC interviewed 1,409 CEOs in 83 countries for this survey. "We have been increasingly seeing a trend among Indian workforce where the purpose behind their roles and the contribution they make to society, is becoming important. They are willing to make trade-offs against pay for this aspect," PwC India Leader - Peo...
Indian Executives Open to Working With Startups: Survey
ANALYSIS

Indian Executives Open to Working With Startups: Survey

A half of Indian executives polled are open to work with start-ups as partnering with new-age companies bring in agile and innovative methods, says a survey. However, the other half is still sceptical about working with a start-up, according to annual EY-CIO Klub's Enterprise IT trends and investment survey titled 'the startup gene: a way forward'. The survey, which revolves around the idea of the startup gene, noted that the CIOs of the country can benefit from partnerships with start-ups and by imbibing the attitude of start-up entrepreneurs. About a half of 294 Chief Information Officers (CIOs) polled have shown faith in implementing start-up practices to get their work done. This was supplemented by the fact that 30 percent of the respondents were aligned towards 'Do It For...