India

India / A “demographic dividend” ?

ONE of India’s bigger private-sector employers can be found in Patna, the capital of Bihar, a poor, populous state in the east of the country. Narendra Kumar Singh, the boss, has three gold rings on his right hand and arms big enough to crush rocks. His firm, Frontline, has 86,000 people on its books. They … Continue reading →

India / Youth hit by the Jobs Gap

“There are just no jobs in the market,” says Manjunath (26), who works as a carpentry apprentice in Shivajinagar. After completing his polytechnic diploma, he attended a dozen job fairs. “They take your contact details, put you through a lot of paperwork, and in the end there is nothing,” he says, adding that the only … Continue reading →

India / From Job Centres to Employability Centres

Minister for Labour and Rehabilitation Shibu Baby John on Saturday said that the employment exchanges in the state would be converted into Employability Centres with the introduction of the Additional Skill Enhancement Programme (ASEP). The project is aimed at converting Employment Exchanges into employment generation centres. These employability centres are being established to change the … Continue reading →

India / Employability / Classle launches ‘Ready Steady Jobs’

Classle has launched Ready Steady Jobs, a programme to tackle the employability issue. The training, according to Vaidya Nathan, Chief Executive and Founder of Classle, would consist of a series of video tutorials, discussions and assignments, targeted at helping students develop the skills required to land a satisfying job. ‘It is open to students across … Continue reading →

UK / Tata Steel Europe to shift two R&D centres to India, Netherlands

Tata Steel, Europe’s second-largest steel producer after ArcelorMittal, plans to close down two research and development facilities in the UK and shift them to the Netherlands and India, resulting in 300-400 job losses. Citing unnamed sources, The Sunday Times yesterday said that Tata Steel Europe (earlier known as Corus) plans to close two technology centres … Continue reading →

India / Jobless Growth ? (Video)

India / 11.3% average pay hike expected in 2013

India Inc is expected to offer average salary increments of 11.3 per cent this fiscal and those working in sectors like pharmaceuticals, healthcare and life sciences are expected to get a hike of 13.1 per cent, a Deloitte survey says. According to the survey conducted by Deloitte India, Human Capital Advisory Services (HCAS), a part … Continue reading →

Declining advantages for U.S. companies from offshoring

Three economic and financial experts forecast an improvement in U.S. employment as the continuing globalization of national economies continues to lift overseas wages, blunting the advantages U.S. companies derive from offshoring. Bob Baur, chief global economist of Principal Global Investors, Jim McCaughan, chief executive officer of Principal Global Investors, and Drake University law professor Hunter … Continue reading →

India / Unskilled, unemployed and angry

India’s key to future success — its youth — is a ticking time bomb. It is a growing mass of largely undernourished, undereducated, unemployable young people who aspire for a better life but don’t have the means to get there. Why? Because they aren’t qualified for the job market, and even if they are, jobs … Continue reading →

India / Employability / The AMCAT – Aspiring Minds Computer Adaptive Testing

An oft-repeated grouse by the industry that only 25 per cent of the graduates are employable continues to be a niggling worry for institutions. Realising that it is essential to effectively measure the employability level of students to show the institutions where they stood to take remedial measures or improve, Aspiring Minds, an employability measurement … Continue reading →

India / Minimum wages increase

The Delhi Government has decided to implement the revised rates of minimum wages for unskilled, semi-skilled and skilled categories in all scheduled employments, Labour Minister A.K. Walia said on Monday. The new rates, which have been worked out after adjustment of dearness allowances, have come into effect from April 1, 2013 and will extend to … Continue reading →

India / 1.7 million apply for 1500 jobs in India’s largest state-run bank

India’s largest state-run bank has received 1.7 million applications for 1500 entry-level clerk jobs – and has promised to examine all of them. State Bank of India chairman Pratip Chaudhuri attributed the huge interest to good marketing and attractive employment terms, with the number of applications underlining the appeal of “jobs for life” in the … Continue reading →

India / 14 mn jobs lost in agriculture and 5 mn in manufacturing jobs between 2005 and 2010

As many as 14.08 million jobs were lost in the five-year period ended in 2009-10 in the agriculture sector which engages almost 60 per cent of the workforce in the country. The job losses in the manufacturing sector during the five year period from 2004-05 to 2009-10 was 5.03 million as per the draft 12th … Continue reading →

India / 94% women think they have successful career

A majority of women (63%) worldwide define professional success as having the right balance between work and personal life and nearly three quarters of women (74%) believe they can ‘have it all’, according to the What Women Want @ Work study released by LinkedIn. The study reveals that 94% of Indian women surveyed in a … Continue reading →

India / AirAsia Hiring

AirAsia India, the new joint venture airline that AirAsia Bhd and Tata Sons Ltd propose to launch has started approaching top aviation executives in India, as it attempts to build its team ahead of a nod from the government, according to two people familiar with the matter who asked not to be identified. The fate … Continue reading →