"A major factor contributing to this issue is the ageing workforce, with many seasoned workers retiring and an insufficient number of younger workers entering the field to replace them...”
Subburathinam P
The Economic Times, April 27, 2024"Nearly 75% of QSR employees have tenures less than 3 years, with over a third lasting just 1-2 years..."
Kartik Narayan
Business of Food, April 26, 2024“Lower attrition and better productivity are major reasons for companies to prefer women in assembly line roles..."
Kartik Narayan
The Economic Times, April 21, 2024“We have seen a 14-15% year-on-year increase in demand for staffing in the credit cards and personal loans space..."
Kartik Narayan
Economic Times, April 18, 2024“Except for IT which is led by the global drop in tech spending, in all other sectors we are seeing good pickup in hiring numbers...”
Ramani Dathi
ET Now News, April 16, 2024“Companies in the solar and green hydrogen sectors must prioritize skilling and upskilling initiatives to bridge the demand and supply gap..."
Subburathinam P
PV Magazine, April 12, 2024“The widespread adoption of IoT across industries is transforming how we live and work and reshaping the job landscape. The advent of IoT diminishes the need for manual operation of devices...”
Subburathinam P
APN News, April 12, 2024"...companies went ahead with entry-level hiring and spent on L&D and upskilling. That worked for last year."
Ramani Dathi
The Economic Times, April 08, 2024“India has companies in many sectors (rather than a few selected for competitive advantage), diverse consumer markets (mass production with localisation) and a large services sector (with higher employment elasticity than manufacturing).”
Manish Sabharwal
Business World, April 10, 2024“Factors contributing to this high turnover include erratic working hours and a stressful work environment. The sector's growth has also led to a competitive talent market, with businesses vying for mid-level and frontline staff through higher salaries and enhanced job benefits.”
Kartik Narayan
Indian Retailer, April 09, 2024“We clearly need a skill bridging solution which can be in the form of either an apprenticeship or on the job training or some sort of work integrated degree programmes to bridge this gap.”
Ramani Dathi
Economic Times, April 01, 2024"Companies prefer to hire in temp roles because they can scale up and down depending on business outlook..."