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EPFO’s Employment Linked Incentive: Govt To Give 1-month Salary To New Entrants

EPFO’s Employment Linked Incentive: Govt To Give 1-month Salary To New Entrants

“The introduction of the new employment-linked incentive scheme in the budget marks a significant advancement in reducing informal employment in the country. By providing financial support and incentives...

Technological Advancements and Workforce Transformation in India

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...

78% of Employers are Optimistic About Gig Workers: TeamLease EdTech Report

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...

Rising EPFO and NPS subscribers signal surge in formal jobs

Rising EPFO and NPS subscribers signal surge in formal jobs

“The number of contributing members to PF has been growing at a CAGR of over 20 percent since 2018, whereas the overall workforce has grown at about 2...

Pre-Budget Insights: Industry Leaders Share Their Expectations

Pre-Budget Insights: Industry Leaders Share Their Expectations

“The forthcoming budget must continue to foster an inclusive, stable economic landscape, and most importantly, it must champion the cause of workforce formalisation, a task that cannot be...

H1 FY25 Employment Outlook: India Expects 6% Workforce Expansion

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...

Staffing Challenges in Consumer Durables & Electronics: 57% Attrition Sparks Urgency

Staffing Challenges in Consumer Durables & Electronics: 57% Attrition Sparks Urgency

“Attrition is a persistent obstacle that can substantially impact an organization’s bottom line and growth prospects."

Companies resort to ‘Office Peacocking’ to retain, lure employees back to office

Companies resort to ‘Office Peacocking’ to retain, lure employees back to office

"The 'Office Peacocking' concept gained significant traction in India post-Covid, as companies sought to entice employees back to the office following the remote work shift induced by the...

Growth in Consumer Durables & Electronics: TeamLease Report Highlights 57% Attrition

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...

Festive Boost: Companies may hire record number of temporary workers this year

Festive Boost: Companies may hire record number of temporary workers this year

There are tailwinds for FMCG and retail with rise in rural consumption and easing of inflation driving the need, thus prompting the ecommerce and logistics companies to boost...

1 in 3 Pvt Bank Staff at Entry Level Quits

1 in 3 Pvt Bank Staff at Entry Level Quits

"While the focus is on speedy deployment, frontline staff needs to undergo more training to enhance productivity."

Fresh IT Hiring at Three-Year Low in FY24 Amid Looming US Recession

Fresh IT Hiring at Three-Year Low in FY24 Amid Looming US Recession

Fresher hiring for the financial year 2024 will hit a three-year low following two consecutive years of healthy recruitment numbers during the COVID-19 pandemic years.

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