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4Aug By Press Trust of IndiaNo Comments

INDIA

Work from home Job Search rise over 400% in India

Amid the COVID-19 pandemic, many jobs have rapidly become work-from-home jobs at least temporarily and with the flexibility and a variety of career options, it has become more popular than ever, global job site Indeed said in a report. The job postings grew in sectors such as software technology, healthcare and marketing, while opportunities for delivery person and IT manager saw a steady rise, it said. The report is based upon data from the Indeed platform from February to July. Employers are beginning to notice the benefits of increased production and morale, leading to more opportunities for work-from-home and remote jobs, it noted. According to the data, job searches for work from home in India have surged over 442 percent between February and July, the highest globally. ...

Livspace Lays off 450 employees due to impact from COVID-19

26May By AdityaNo Comments

News

Livspace Lays off 450 employees due to impact from COVID-19

Bengaluru-based Livspace, which is into home design and renovation, has laid off 450 employees 15 percent of its total workforce due to an adverse impact of the coronavirus-induced lockdown. The decision to lay off was taken last week. Earlier this month, leading co-working operator WeWork India also announced laying off nearly 100 employees. Founded in 2015 by Ramakant Sharma and Anuj Srivastava, Livspace provides a three-sided marketplace and a design automation platform that connects homeowners, certified designers and vendors. Livspace uses data science-enabled algorithms to match homeowners with designers (based on style preferences, budget, scope of work and timelines). "Due to the COVID-19 pandemic, like every business in the discretionary purchase sector, Livspace also...

2Mar By AdityaNo Comments

News

Droom Set to Hire 500 Employees in 2019

India's online car&bike selling company Droom is looking to hire as many as 500 employees in 2019. One of the leading car&bike selling platforms in India, Droom has registered strong growth numbers while aggressively marketing its brand to users across the country. Now, the company hopes to take next stride with its latest hiring announcement. It aims for expansion and diversification journey, evolving newer and more evolved products as well as services. The hiring will be done from senior to middle level positions and across multiple domains such as AI, Product, ECO and Droom Credit. It is looking to hire its owned and operated fleet of ECO Technicians named ECO Ninjas. They will provide vehicle inspection services at door step. Droom aims to reach 1000+ inspections per day...

USA’s Small Business Job Growth Slows to End 2018; Hourly Earnings Growth Increases

4Jan By PriyankaNo Comments

USA

USA’s Small Business Job Growth Slows to End 2018; Hourly Earnings Growth Increases

Small Business Employment Watch closed the year with a decline in small business job growth and continued, moderate growth in hourly earnings. The Small Business Jobs Index stands at 98.88 in December, down 0.13 percent for the month and 0.82 percent for the year. At $26.95, hourly earnings in December gained 2.42 percent ($0.64) year-over-year and averaged a growth rate of 2.49 percent for 2018. The Paychex | IHS Markit Small Business Employment Watch closed the year with a decline in small business job growth and continued, moderate growth in hourly earnings. "At 98.88, the Small Business Jobs Index continued its decline through the end of 2018, confirming that it's a difficult hiring environment for the country's small businesses," said James Diffley, chief regional economist at I...

29Jun By AdityaNo Comments

USA

Americans Constitute Now 50 Percent of the Wipro Workforce in US

Americans now constitute 50 per cent of the Wipro workforce in the US, making it the first major Indian IT company to cross the benchmark that could help it get rid of some of the punitive provisions of Congressional legislations with regard to hiring foreign workers on H-1B visas. Over the past six months, Wipro hired over 1,600 employees by attracting and nurturing local talent to drive innovation and help transform clients businesses into digital enterprises, Wipro said in a statement. "Wipro has a steadfast commitment towards local communities where we are present. We will continue to build a strong local talent pool with diverse skill sets and make strategic investments in close proximity to our clients to serve them better," said Abidali Z Neemuchwala, Wipros chief executive Of...

Nokia’s Mobile Networks Head Quits, to Split Business

19Mar By NitishNo Comments

News

Nokia’s Mobile Networks Head Quits, to Split Business

Nokia's head of mobile networks, the division which accounted for more than half of the Finnish telecom network equipment maker's sales last year, is leaving the company. Nokia said on Friday it would break out services as a distinct business group from mobile networks following the departure of Samih Elhage, who joined the company in 2012 and helped to turn around its network business at a time when it was a troubled joint venture with Siemens. Services were growing in importance because of the weak global outlook, Nokia said. The global networks market is expected to fall this year as telecom operators' demand for faster 4G mobile broadband equipment has peaked, and upgrades to next-generation 5G equipment are still years away. "He has been a close friend and advisor... I fully su...

Unacademy Collaborates With TapChief to Help Students Land Their First job

24Jan By AnkitaNo Comments

BUSINESS

Unacademy Collaborates With TapChief to Help Students Land Their First job

Employment opportunities have boomed over the years which have left fresh graduates with more than enough options to choose from. However, that has not sweetened the deal for them. Fresh graduates today, and even experienced professionals, find themselves confused about the career path they should embark upon. To make matters worse, no substantial professional help is available. India's leading online learning platform - Unacademy, in collaboration with leading career advice platform - TapChief , has launched courses on job preparation for freshers, recent graduates, and working professionals. The scopes of courses on offer include career counselling, skill development, switching jobs, and other related aspects. What sets these courses apart from the other content available online is th...

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

20Sep By Press Trust of IndiaNo Comments

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...

18Jun By Press Trust of IndiaNo Comments

ANALYSIS

Boring, Dirty Workplace May Affect Your Brain Function: Study

Bosses, take note! A lack of stimulation in the workplace and a dirty working environment can have a long-term cognitive effect on employees, a new study has warned. "Psychologists say that the brain is a muscle, while industrial hygienists point to chemicals in the work environment that may cause decline," said Joseph Grzywacz from Florida State University in the US. "There are real things in the workplace that can shape cognitive function: some that you can see or touch and others you cannot. We showed that both matter to cognitive health in adulthood," said Grzywacz. In the past, researchers had been divided on whether it was working in an unclean workplace?facing exposure to agents such as mold, lead or loud noises - or working in an unstimulating environment that took the biggest...

Majority of Employees Prefer to Work From Home: Survey

10Jun By Press Trust of IndiaNo Comments

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 ...

29May By PriyankaNo Comments

News

Flipkart Row Will Affect Startups Hiring Market

Darling of jobseekers till recently, the startup space may lose some sheen in the job market as management and tech graduates might prefer joining safer companies after the Flipkart fiasco, say experts. The e-commerce major has deferred joining dates for campus hires from IIM Ahmedabad and IITs citing restructuring of its businesses, for which it has got a lot of flak from the colleges as well as the industry. Reports suggest Flipkart is not the only company from e-commerce and related sectors to have deferred the joining dates for their campus hires and there are many others including InMobi, CarDekho and Hopscotch. According to industry and HR experts, it might also bring a lot of pressure on reputation, success and unpredictability of the educational institutions concerned as it di...

Delhi-NCR Emerged as The Top Job Creator City in January-March: Report

29May By AdityaNo Comments

News

Delhi-NCR Emerged as The Top Job Creator City in January-March: Report

Delhi-NCR emerged as the top job creator among eight major cities in January-March, generating over 2.6 lakh new employment opportunities in the period, says a report. A total of 8.5 lakh jobs were created in eight major cities across the country, the report said. "Delhi-NCR emerged on top with over 2.6 lakh new jobs created during January to March 2016 followed by Bangalore (1.9 lakh), Mumbai (1.5 lakh), Chennai (82,200) and Hyderabad (60,000). About 88.9 per cent of job openings have been recorded in these top five cities," the report by Assocham said. In Delhi-NCR, about 61.1 per cent of job openings were recorded from the information technology enabled services (ITeS) followed by services (18.5 per cent), manufacturing (8.4 per cent), banking financial services & insurance (...