Techniques to Promote Employee Retention Within any business, employee retention is pivotal to overall success. Not only is it important to recruit the most qualified candidates available on the market, but it is even more critical to retain these resources for the long haul. After all, studies show that the average cost to replace a…
Since the outbreak of COVID-19, our job market has evolved and will continue to see some major changes as the weeks continue. With the work-from-home business model becoming the norm, employers in this gig economy look to gain flexibility and agility with their workforces. Employers have started looking beyond the idea of a full-time workforce…
According to a report from Naukri JobSpeak, hiring and recruitment activity in India has risen by up to 5 percent in July amid the gradual easing of lockdown revocation and resumption of critical industries. The analysis takes a deep dive into sectors such as staffing and recruitment (37%), media and entertainment (36%), and construction/engineering (27%),…
Interview with Ms. Siju Leela Rajan, P&O (People & Organization) partner, Novozymes The recruitment and hiring process has certainly undergone a drastic change over the past several months. As organizations have dealt with the rising global health crisis, companies have shifted their recruitment strategy to align with virtual platforms. Amid the pandemic, Acara’s partners have also modified their recruitment and hiring strategies not just nationally, but globally. We sat down with…
Indian IT and It-enabled sector is expected to witness increased hiring of contractual employees post COVID-19 era as the government has gradually started its first phase of unlocking. Usually, contractual employees are the first ones to be scrutinized during the downturn as IT-ITeS look for contractual staff to fit their project-based work. According to the…
It’s been a long time since we’ve seen our coworkers in the office. The remote work model has taken hold due to COVID-19, and business and employees are making many changes to remain productive. This is a true test for companies across industries. How we react now, and how we treat our workers and customers,…
The best way to attract high quality talent? A carefully-considered job description. A job description does more than advertise an open position at your organization—it is your first point of contact with candidates, and a method of acquiring the best possible talent. An ideal job description is engaging and contains all necessary skills required for…
The recruitment process can necessitate a great deal of focus and effort from the moment you begin screening piles of resumes to then shortlisting the candidates and finally onboarding the talent. If an organization hires a poor fit, it is not only a costly misstep but one that can wither staff morale.
When notice periods were first mandated, they served to save the current IT industry from the high attrition rate. However, it seems that the current 30-day notice policy isn’t working and a lengthy 90-day notice period was recently introduced. Leading IT companies hope that increasing the length of the notice period from 30 days to…
With the declaration of demonetisation, approximately 86% of cash became defunct. What effect will this have on the Indian job market? According to a study representing over 3 lakh micro/small, medium, and large-scale industries in manufacturing and export sectors and conducted by the All India Manufacturers’ Organization (AIMO):
