Staffing firm TeamLease, which focuses on third-party contracts, junior and middle management, said the main hit will be at the junior level, just after appraisals.
IT sector to create 13% less jobs in FY16, says Nasscom; companies like Infosys, Capgemini, others to hire fewer people
Nasscom estimates the sector to create 30,000 less jobs in fiscal 2016 compared with this year, as new technologies make many roles redundant and cos improve efficiency.
Placement teams say the increased excitement around India and reduced US/Europe profiles have led to students opting to stay within the home turf.
“Develop policies that are flexible to address different needs without being discriminatory,” says Nirmala Menon, founder of Interweave Consulting.
One in every nine students from the 2013-15 batch across 11 of India's top B-schools will be joining an e-commerce firm or startup.
In May 2014, HP announced that it will axe 11,000-16,000 employees in addition to its earlier plans of 34,000 layoffs declared in 2012.
Firm changes flexitime rules, says move will help 'generate cohesive team atmosphere'.
The registered students are asked to work on projects or ‘live’ case studies along with company seniors. Those shortlisted are offered final placement interviews or jobs.
Shortage of talent to drive up increments upto 22% in various sectors, say firms like Hay Group, Mercer, Aon Hewitt
Salary hikes are tipped to go on an overdrive this increment season with top performers set to earn increments in excess of 20 per cent.
In every career, there comes a ‘break point’ when it becomes imperative to move away from convention or even break free. Six senior executives share the stories that eventually reshaped their careers.
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