Career

55 Million Jobs by 2015 For those who are not aware, only 39 people out of every 100 in India is employed. If we take the rate at which population is rising, we would need at least 55 million more jobs to maintain only that ratio by 2015! These are the findings of CRISIL, a known house in the field of research. The study is based on a recently released National Sample Survey Organisation (NSSO) data on employment in India. Total employment includes jobs as well as self-employment. Key Points of the survey Employment intensity – the number of employed…

The employment market shows signs of stability in Q2 of 2011-2012, according to a recent survey by a known HR Services Company in India. The report says that the July-September 2011 business quarter will see moderation or settling down as compared to rapid growth during the earlier quarters. Some Highlights Junior Level segment showed the highest and fastest bent to get hired in the past quarters while middle segment showed a single-digit negative growth Organisations surveyed expected an average 12.7 % salary hike for all employees across industries in 2011. 94% respondents said the coming quarters will see aggressive recruiting…

For continuing success, companies need the best talent and to retain this talent they need a workplace culture that empowers, entertains and engages. To capture this spirit, The Economic Times and Great Place to Work Institute recently joined hands to find out and honour the best workplaces; companies that realized that employees are their most valuable assets and went that extra mile to care for its employees. Prasenjit Bhattacharya, CEO, The Great Place to Work Institute, India, said that the key learnings that emerged from the survey were that great places to work institutionalise some very basic aspects of work…