“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
News 18, July 24, 2024“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
The Hindu Business Line, July 10, 2024“Attrition is a persistent obstacle that can substantially impact an organization’s bottom line and growth prospects."
Balasubramanian A
Business News, July 05, 2024"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
PTI News, July 04, 2024“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
News 18, June 30, 2024"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
Mint, June 29, 2024“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
Financial Express, June 28, 2028“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
Bennett Edu, June 24, 2024"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
MSN, June 21, 2024"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
Economic Times, June 19, 2024"The expeditious enactment of labour codes and strategic measures to bridge the skills jobs gap are critical..."
Kartik Narayan
rediff, June 10, 2024“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...”