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ESG-related jobs in India surge by over 223% from 2019

That while the ESG sector continued to witness substantial growth, the sector was still in a nascent stage in terms of processes and regulatory compliance

TeamLease Services Limited
The Hindu Business Line, July 17, 2023
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.

Balasubramanian A
  • VP & Business Head

Economic Times, July 18, 2023
Bridging the Skill Gap: How Skilled Cybersecurity Professionals Can Thwart Growing Threats

Despite 40,000 job openings for cybersecurity professionals as of May 2023, a staggering 30% of these vacancies still needed to be filled due to a significant shortage of skilled individuals.

TeamLease Services Limited
CXO Today, July 15, 2023
AI skills in high demand: How Indian tech talent can capitalize

There were around 45,000 AI job openings in India in Feb 2023. Professionals must continuously upskill and reskill themselves to develop expertise in high-demand domains such as Machine Learning (ML), Deep Learning, Natural Language Processing (NLP).

TeamLease Services Limited
The Times of India, July 13, 2023
Disrupting global economy ais expanding domains potentially adding 500 billion to indias gdp

By 2025, it is expected to contribute approximatley 450-500 bn dollars to Indian GDP, accounting for around 10% of the nation's goal of achieving 5 trillion dollars GDP.

TeamLease Services Limited
Times Now News, July 12, 2023
More tech workers in India are moonlighting — despite their bosses’ disapproval

Despite its growing population, India grapples with talent shortage - specifically skilled labour. Over two million jobs in AI, cyber security, and blockchain are expected to remain unfilled in 2023.

TeamLease Services Limited
CNBC, July 11, 2023
IT and startup recruitment see significant drop, hiring may pick up post Sept quarter

The companies have already reached their full capacity and for any incremental projects, they have to start hiring. So, we are expecting the hiring numbers to pick up from the end of the second or early third quarter.

Ramani Dathi
  • CFO

CNBC TV18, July 11, 2023
Why There Is Job Attrition Among Women

This platform used machine learning algorithms to create gender-neutral job descriptions and unbiased screening processes, thereby reducing the inherent bias in recruitment.

TeamLease Services Limited
Rediff, July 11, 2023
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 a loyal and high-performing team.

Kartik Narayan
  • CEO - Staffing

The Economic Times, July 11, 2023
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 recruitments.

TeamLease Services Limited
Economic Times, June 10, 2023
Global capability centres expand operations in India, hiring more IT talent

While Indian IT services companies are facing a significant decline in demand, GCCs (global capability centers) in India are experiencing a significant improvement in hiring.

TeamLease Services Limited
Business Standard, July 07, 2023
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.

Kartik Narayan
  • CEO - Staffing

Financial Express, July 07, 2023