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Ai skills gap widens as demand for talent soars

According to industry data, the demand-supply gap for AI professionals, evidenced by approximately 45,000 open positions, underscores the urgent need to address the skills deficit, which stands at around 51%.

TeamLease Services Limited
Bizz Buzz, September 13, 2023
Gung-ho on gig workers: Festival season cheer dispels blue-collar blues

This festival season – roughly from Onam to Diwali – is expected to breach the 700,000 mark in creation of new gig jobs. That is 75 per cent more than the 400,000 in last year’s festival season.

TeamLease Services Limited
Business Standard, September 12, 2023
Some IT roles in demand despite slowdown

There are trends of reverse migration and organisations are now looking at cities beyond the typical tech hubs. Goa and Nagpur will emerge as next destination in a couple of years

TeamLease Services Limited
The Times of India, September 06, 2023
A Game-Changer Amidst the great resignation phenomenon

The recent phenomenon known as the “Great Resignation” or “Big Quit” has shaken the job market, with employees seeking better opportunities and work environments.

TeamLease Services Limited
CRN India, September 06, 2023
As consumption revives, Tier 2 & 3 cities turn temp-ting for job seekers

The most prominent roles in tier 2 and 3 cities are feet on-street sales, tele-operators, in-shop promoters, and some shop-floor labour.

Kartik Narayan
  • CEO - Staffing

The Economic Times, September 02, 2023
Amid tech slowdown, employees face poor appraisal season

The IT industry predicted 11.8% for 2023, but actual payouts are expected to average 10.2-10.6%, down from 10.8% in 2022.

TeamLease Services Limited
Deccan Herald, August 31, 2023
Navigating Job Delays in the IT Sector: Insights from Kartik Narayan

Good hiring from banking, FMCG, telecom. The PLI initiative has improved manufacturing opportunities. IT jobs may take time to get.

Kartik Narayan
  • CEO - Staffing

ZEE5, August 5, 2023
Transformation of India’s job market through Tier 2 & 3 cities

A prime illustration is manufacturing, boasting 78.81% junior-level recruitment in these areas. The IT sector is also integrating Tier 2 cities notably, with 88.63% of hires being juniors.

Kartik Narayan
  • CEO - Staffing

TPCI, August 28, 2023
GCCs set to outpace IT firms on hiring front in FY24

While several GCCs are employing in India, their numbers are still fewer than IT service businesses' huge hiring.

TeamLease Services Limited
Financial Express, August 28, 2023
Education: Upskilling India is the next big challenge

India will require around 30 million professionals with digital skills, and approximately 50 percent of the current workforce will need to reskill itself in emerging tech

TeamLease Services Limited
India Today, August 26, 2023
What to do when you immediately dislike your new job

Employees who move into a new industry or role that is very different from their previous experience may be more likely to experience a shift shock. This is because they may have to learn a whole new set of skills and knowledge they may not be familiar with.

TeamLease Services Limited
The Economic Times, August 23, 2023
IT midcaps set to keep hiring momentum going in near term

Most recruitment is from Tier 1 and Tier 2 cities with monthly starting salary between Rs. 20,000-25,000, making it easy for rivals to poach employees with a 10-15% salary increase.

Kartik Narayan
  • CEO - Staffing

The Economic Times, August 22, 2023