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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.

Festive demand to see addition of 50,000 temporary jobs in BFSI

Festive demand to see addition of 50,000 temporary jobs in BFSI

We are poised for a dynamic job market over the next 5-6 months. Since last month, we have witnessed nearly 25,000 job openings for temporary staffers, and we anticipate these numbers to grow to over 50,000 in the second half of this year

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."

Job postings fall over 30% in FY23 as compared to last financial year

Job postings fall over 30% in FY23 as compared to last financial year

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 recruitments.

Staying future proof: Creating a skilled workforce for tomorrow

Staying future proof: Creating a skilled workforce for tomorrow

Productivity isn’t everything, but in the long-run it is almost everything,” said Paul Krugman in his book ‘The Age of Diminished Expectations’

Microsoft job cuts likely to hit India too

Microsoft job cuts likely to hit India too

However, it is difficult to measure the quantum of the impact as no such trends have emerged. India today is a critical technology centre for Microsoft, so a lot of key employees are based in the country.”

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."

TeamLease के CEO Kartik Narayan से जानिए 2023 में कैसा रहेगा Job Market का हाल ?

TeamLease के CEO Kartik Narayan से जानिए 2023 में कैसा रहेगा Job Market का हाल ?

“Overall 68% hiring intent is viable in large enterprises. Hiring intent in manufacturing sector for Q4 clocked at 60%, a 3% increase from last quarter."