Media Release
Investing in Apprenticeships: A Strategic Move to Secure Future Workforce
In this rapidly changing business environment, organizations face the dual challenge of addressing immediate skill shortages while ensuring a sustainable workforce for the future. Apprenticeships have emerged as a strategic solution, offering a mutually beneficial proposition for both businesses and individuals. Apprenticeship programs provide a steady stream of skilled talent to fill current skill gaps […]
TeamLease Degree Apprenticeship to train 2 Million youth by 2028
TeamLease Degree Apprenticeship, a leader in apprenticeship programs, has announced a ground-breaking initiative to equip 2 million young individuals with crucial apprenticeship training by 2028. This ambitious goal marks a significant milestone in the company’s mission to address the growing demand for skilled talent across various industries. With India’s youth population poised to play a […]
Hospitals Deal with Around 1,000 Compliances Every Year
A small hospital needs to deal with at least 623 unique compliances in a year* Labour compliances account for approximately 31% of the compliance obligations. Hospitals must secure at least 100 licences, permissions, and approvals under 58 different acts. *50-bed hospital with facilities like a diagnostic centre, radiology, pathology lab, and pharmacy operating in a […]
Technological Advancements and Workforce Transformation in India
India’s rapid technological transformation is evident in the electronics fabrication sector and the growing 5G infrastructure. These advancements enhance industry capabilities and create substantial employment opportunities for the youth. This underscores the critical need for skill development to keep pace with technological demands and prepare the youth for future job markets. Electronics Fabrication: A Modern […]
78% of Employers are Optimistic About Gig Workers: TeamLease EdTech Report
75.90% of employers identify technical skills as crucial for gig workers 68.67% stress the importance of communication skills Over 90% emphasize the need for digital proficiency On-the-job training (76.19%) and online courses (73.81%) are the top methods for skill enhancement India, 19th July 2024: Celebrating World Youth Skills Day, TeamLease EdTech, a leader in learning and […]
H1 FY25 Employment Outlook: India Expects 6% Workforce Expansion
The Indian workforce is expected to grow by 6.33% Top New Locations: Coimbatore, Visakhapatnam, Jaipur Bengaluru, July 15, 2024: TeamLease Services’ Employment Outlook Report paints a promising picture for India’s job market in the first half of fiscal year 2025. With a projected incremental workforce expansion of over 6%, supported by robust economic conditions and […]
Growth in Consumer Durables & Electronics: TeamLease Report Highlights 57% Attrition
Temporary roles in high demand include in-store promoters, service technicians, supervisors, sales trainers, channel sales executives, customer support executives, warehouse managers, tele-support executives, and electronics engineers. The opportunity cost of lost revenue due to vacant positions and reduced productivity amounts to ₹118.6 crore for the in-store promoter role alone for a mid sized company TeamLease […]
People Supply Chain Innovation: Interpreting the ROI in Apprenticeships
A CXO Roundtable by TeamLease Degree Apprenticeship TeamLease Degree Apprenticeship, India’s premier privately-owned degree apprenticeship program from TeamLease Services, held a distinguished event titled ‘People Supply Chain Innovation: Interpreting the ROI in Apprenticeships’ at ITC Narmada, Ahmedabad. Gujarat has emerged as a top destination for both domestic and international investments, ranking among India’s top three […]
Transforming Apprenticeships in India: TLDA & Genpact’s Joint Initiative
TeamLease Degree Apprenticeship, in conjunction with Genpact, is pleased to announce the groundbreaking initiative to reshape the landscape of apprenticeships in India. With a shared objective of facilitating employment for over 5000 graduate apprentices, this joint effort is committed to unlocking the potential of India’s youth. By seamlessly blending on-the-job training with formal education, the […]
The high QSR non-compliance rate worries. Over 20% of companies don’t pay minimum wage, and 25% don’t offer more than weekly leave.
TeamLease Services emphasizes the necessity of following FSSAI compliance guidelines to promote employee well-being. To foster the anticipated growth of the quick-service restaurant (QSR) sector, companies need to effectively manage regulatory compliance concerning salary, incentives, statutory bonuses, ESIC, gratuity, and leave policies. National, April 29th, 2024: With India’s food sector undergoing explosive growth, the country’s […]
Women’s IT workforce growth is 5.5% annually over the next three years, according to TeamLease Digital.
17th, April 2024: TeamLease Digital, a tech staffing and solutions provider, has released a detailed report titled Women at the Heart of India’s Digital Evolution. The insightful report takes a deep dive into various aspects, including the total women’s tech workforce in India, women’s employment in GCC and in the non-tech sector, city-wise trends of […]
Female Apprenticeship Enrolment Soars by 20X, Propelling Diversity Forward
March 19 - 2024
TeamLease Degree Apprenticeship has witnessed a 5X increase in demand for female apprentices...
