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Workforce formalisation: GAPS framework shows the way to successfully formalise the workforce

Workforce formalisation: GAPS framework shows the way to successfully formalise the workforce

After implementing the GAPS model, many companies have witnessed their attrition rate drop from 8% to 2%, which is remarkable.

Airtel, Vi give 7-8% salary hikes, up to 110% bonuses as competition to retain talent heats up

Airtel, Vi give 7-8% salary hikes, up to 110% bonuses as competition to retain talent heats up

Telecom companies are offering incentives, including 100% bonus and inflation-indexed hikes, to motivate their workforce. In this era, where retention is the new recruitment, they strive to cultivate...

The Impact of the Funding Winter on IT Hiring

The Impact of the Funding Winter on IT Hiring

The funding winter has adversely affected the startup and e-commerce ecosystem, while the fear of a global recession is prompting information technology companies to stay away from active...

From new classification to a separate division in the Ministry, India’s micro-MSMEs need differentiated support

From new classification to a separate division in the Ministry, India’s micro-MSMEs need differentiated support

IT services are expected to open up in this quarter to some extent. This is as hiring has been on the back burner for quite some time and...

Skills versus Degrees: What staffing firms have to say?

Skills versus Degrees: What staffing firms have to say?

For entry-level roles, frontline individual contributor roles such as store promoters, several firms expected the candidates to be at least graduates. And for service technicians, the minimum qualification...

Temporary hiring soars as heat wave swells up demand for cooling products

Temporary hiring soars as heat wave swells up demand for cooling products

Summer season-related temp hiring for after-sales service technicians has crossed pre-pandemic levels at close to 25%, while in-store workforce demand has increased 15-20% over the previous year

Is AI leading to IT job losses?

Is AI leading to IT job losses?

The approach to life has to be preparing for a rainy day and seeing how resilient one can be. It is very important to have more than one...

Domestic factors keep India’s white-collar job market resilient despite overall slowdown in job creation

Domestic factors keep India’s white-collar job market resilient despite overall slowdown in job creation

India’s manufacturing is witnessing a substantial transformation in terms of creating new jobs due to sustained focus on ‘Make in India’, Atmanirbhar Bharat and PLI-based push from the...

Shortage of cybersecurity professionals triggers fight for talent

Shortage of cybersecurity professionals triggers fight for talent

Profiles like security analyst, incident report analyst, cloud and IoT security experts are going to see an increase in demand as telcos roll out 5G as they push...

Staffing firms log demand uptick for delivery partners

Staffing firms log demand uptick for delivery partners

Demand is up at least 10-15% compared to last year. There was a brief lull last year and now the demand has started picking up again.

Green jobs hiring rises as companies eye sustainable growth

Green jobs hiring rises as companies eye sustainable growth

Green jobs can be extensively seen in sectors such as energy, urban farming, green transport, waste management and renewable energy.

How to ensure that correct service history is updated in EPFO records for higher pension under EPS?

How to ensure that correct service history is updated in EPFO records for higher pension under EPS?

An EPF member can check if the EPFO records are correctly updated with the member's employment record by checking the EPF statement/passbook of the previous years.