Media Mention

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EPFO’s Employment Linked Incentive: Govt To Give 1-month Salary To New Entrants

“The introduction of the new employment-linked incentive scheme in the budget marks a significant advancement in reducing informal employment in the country. By providing financial support and incentives to both employers and employees, the scheme aims to promote formal hiring practices and ensure essential benefits."

Kartik Narayan
  • CEO - Staffing

News 18, July 24, 2024
Rising EPFO and NPS subscribers signal surge in formal jobs

“The number of contributing members to PF has been growing at a CAGR of over 20 percent since 2018, whereas the overall workforce has grown at about 2 percent in the same period...”

Balasubramanian A
  • Senior VP & Business Head

The Hindu Business Line, July 10, 2024
Staffing Challenges in Consumer Durables & Electronics: 57% Attrition Sparks Urgency

“Attrition is a persistent obstacle that can substantially impact an organization’s bottom line and growth prospects."

Balasubramanian A
  • VP & Business Head

Business News, July 05, 2024
Companies resort to ‘Office Peacocking’ to retain, lure employees back to office

"The 'Office Peacocking' concept gained significant traction in India post-Covid, as companies sought to entice employees back to the office following the remote work shift induced by the pandemic in order to compete with the comfort of home offices..."

Kartik Narayan
  • CEO - Staffing

PTI News, July 04, 2024
Indian Employers Gear Up For Workforce Expansion In H1 FY25: Report

“With India forecasted to be the fastest-growing G-20 economy in 2024, coupled with strong investment demand and easing inflation, the job market remains resilient in the face of global headwinds."

Kartik Narayan
  • CEO - Staffing

News 18, June 30, 2024
Workforce crisis hits construction & infra firms like L&T, KEC, HCC

"This summer has been tougher than earlier years to get blue-collared workforce for the construction and infrastructure business and shifting them from many northern regions to southern and western parts of the country..."

Kartik Narayan
  • CEO - Staffing

Mint, June 29, 2024
Majority of Indian employers plans to add staff in first six months of FY25

“Nearly two out of five organisations are prioritising skills development, equipping their workforce for the technological advancements that lie ahead. The findings of our report shed light on the dynamic and optimistic hiring landscape.”

Kartik Narayan
  • CEO - Staffing

Financial Express, June 28, 2028
Top Hiring Sectors and Job Roles during MBA Placements 2024 in India

“Banking services including personal loan, home loan, credit cards are all rising at an impressive rate, and there will be 25% to 30% boom in hiring for white collar jobs in 2024 placements.”

Kartik Narayan
  • CEO - Staffing

Bennett Edu, June 24, 2024
Is hospitality the next big sector for job seekers? Experts say it will create over one million jobs soon

"Data from the Tourism and Hospitality Skill Council (THSC) indicates that in 2023, only a fraction of available seats for hospitality management programmes were filled".

Balasubramanian A
  • VP & Business Head

MSN, June 21, 2024
TeamLease Services to hire 50,000 people, focus on tier 3 and 4 cities

"Our target is to create 50,000 net new jobs in general staffing next year, with a focus on non-IT sectors. This growth would be particularly pronounced in tier three and tier four cities…”

Ramani Dathi
  • CFO

Economic Times, June 19, 2024
Modi 3.0: ‘Viksit Bharat’ Reforms Not To Take Back Seat

"The expeditious enactment of labour codes and strategic measures to bridge the skills jobs gap are critical..."

Kartik Narayan
  • CEO - Staffing

rediff, June 10, 2024
Challenges of skill shortage, regulatory complexities await new Labour Minister

“Compliance complexity is adding to business difficulties, increasing operational burdens and affecting expansion goals…hence, there is a need to expedite new labour code implementation...”

Balasubramanian A
  • VP & Business Head

Money Control, June 12, 2024
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