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Media Coverage
High attrition keeps private banks on their toes

High attrition keeps private banks on their toes

“Private Banks face an elevated risk of attrition, especially with the entry of new players like Jio Financial Services, aggressively expanding their workforce to meet strategic goals."

High staff churn in India’s financial sector to persist in FY24

High staff churn in India’s financial sector to persist in FY24

"The demand for salespeople (selling personal, home, agriculture, and other loans) is huge."

Tech Integration And Partnerships Trim PSU Banks’ Employee Headcount

Tech Integration And Partnerships Trim PSU Banks’ Employee Headcount

“These partners are now directly working with banks and catering to the requirements. So, the need for main banks to hire is going down, and going to a third party also helps them in many ways.”

Banking & financial companies go all out to retain staff

Banking & financial companies go all out to retain staff

The annual attrition in frontline roles could be as high as 120% where the entire workforce is getting churned on a rolling 12-month basis.

Media Release
TeamLease Champions Compliance Adherence and Information Security

TeamLease Champions Compliance Adherence and Information Security

“In today’s digitalized world, information security is not a good-to-have anymore, it is the most critical element of any business, especially when dealing with millions of records of employment and pay related data."

India Inc still reluctant to integrate women into workforce; more than 72% of women feel gender bias still exists: TeamLease study

India Inc still reluctant to integrate women into workforce; more than 72% of women feel gender bias still exists: TeamLease study

February 9, 2021

Gender equality initiatives at India Inc are from a compliance perspective rather than bridging the gap states TeamLease report. According to the report, more than 72% of women feel gender discrimination is still prevalent at workplace.

Apprenticeship to boost 25 % employment opportunities in Hyderabad in 2019

Apprenticeship to boost 25 % employment opportunities in Hyderabad in 2019

January 2, 2019

Hyderabad, 2nd January, 2019: Apprenticeship programs are gaining traction in helping industries bridge the skill gap and stay ahead of changing employer’s demands.

The Stipends Commanded By Apprentices Are Higher Than Minimum Wages States Teamlease Report

The Stipends Commanded By Apprentices Are Higher Than Minimum Wages States Teamlease Report

March 12, 2019

National, March 12th, 2019: The growing demand for skilled talent coupled with revisions in the apprenticeship act seems to be positively impacting the apprenticeship eco-system states TeamLease Skill University Stipend Primer Report

Media Mention
Women Floor the Pedal at Auto Factories

“Major automotive firms are actively seeking to augment their shopfloor workforce with a substantial influx of female employees, aiming for a representative between 30% to 50%.”

Subburathinam P
  • CSO, Staffing

The Economic Times, February 25, 2024
HR companies find many GenAI use cases to raise efficiency

“Industrial hiring requirements sometimes span upto 5,000 people to be recruited within a short period of 30 to 60 days...and these are resumes which are not well detailed."

Subburathinam P
  • CSO, Staffing

The Economic Times, February 16, 2024
Women hiring in Electronics Manufacturing to grow tenfold

"The manufacturing sector, which was usually dominated by men, is seeing an uptick in female hiring in states like Tamil Nadu, Karnataka, Uttar Pradesh, and Maharashtra.”

Subburathinam P
  • CSO, Staffing

Republic World, February 13, 2024
India mobile phone manufacturing industry likely to create up to 2,50,000 jobs in next 12-16 months

“Digitisation has facilitated the development of advanced communication infrastructure and devices. The number of mobile consumers continues to rise daily on a global scale. All this will add to the talent demand in the year ahead.”

Kartik Narayan
  • CEO - Staffing

Economic Times, February 08, 2024