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STAFFING FIRM INSIGHTS
GCCs outpace IT services in tech hiring, driving AI & cloud talentGlobal capability centres are now adding more employees than IT services firms in India. This trend shows a shift in how advanced technolog...- Data spills at home; Green card limbo deepensHappy Tuesday! Recent data-collection experiments by on-demand platforms have drawn attention to Indian physical AI startups. This and more...
- Trump wants to make H-1B workers more expensive for US employersA Trump administration proposal would significantly increase H-1B visa minimum salaries, requiring entry-level software engineers in San Fr...
- The growing pay gap: AI skills drive 60% higher salaries in techAI-skilled professionals are commanding significant pay premiums, earning up to 60% more than their peers in other tech fields. This wideni...
- Why Employers Freeze Hiring Before Major Workplace ChangesHiring freezes, often seen as cost-saving, can signal deeper organizational shifts like restructuring, budget cuts, or a change in business...
- Consumer company CTOs want engineers who can think, not just codeNew-age companies are prioritizing senior engineers with creativity, curiosity, and ownership as they become AI-first. Hiring for engineeri...
- IT not so positive? Bench strength of companies shrinking fastUnlike cricket, India’s IT services industry is groaning under a weakening bench strength. The bench strength for IT services, long seen as...
- IT majors edge to 5% revenue contribution from GCCsLargest beneficiaries are Tata Consultancy Services (TCS), Infosys, HCLTech, Tech Mahindra, Wipro, UnearthInsight suggests. To be sure, pre...
- Growing logistics strain dampens ecommerce’s festive season sales vibeAs India gears up for the festive season, online retailers are facing logistics challenges as record sales are anticipated this year. Compa...
- Healthtech startup Confido Health raises $3 million in round led by Together FundMedMountain Ventures, Rebellion VC, DeVC, and Operators Studio participated in the seed fund. Earlier in 2023, it raised $165,000 in a pre-...
- Ecommerce, tech startups redefining policies to stay flexible: TeamLease ServicesThe company said that the shift toward hybrid staffing models, coupled with technological advancements, emphasises the resilience and adapt...
- Logistics, EV & EV infra, agriculture & agrochemicals, e-commerce to lead workforce expansionIndia's job market is expected to grow. The workforce may increase by 7.1% in late 2024 and early 2025. Logistics, electric vehicles, and t...
- Banks up tech hiring with RBI pushing for enhanced risk managementIn response to the RBI's increasing focus on financial sector stability, banks are bulking up their technology capabilities by expanding th...
- Entry-level jobs in telecom industry thrive despite broader workforce slowdown: TeamLeaseDespite a general slowdown in headcount expansion in the Indian telecom industry, demand for entry-level customer-facing and technology rol...
- Eight per cent increase in white-collar hiring demand in April-June: IndeedDespite the turbulence in the IT sector, it remains the preferred area for job seekers in India, according to data from employment speciali...
- Wary IT companies may halve hiring of engineers from April: ExpertsStaffing firm TeamLease expects a 40% drop in FY24 headcount addition vis a vis FY23 addition, based on the current outlook from companies.
- Majority of IT professionals will not consider returning to sector in future: TeamLease DigitalThe report shares the insights through more than 100 interviews across TeamLease Digital's leaders, IT contract staffing subject matter exp...
- Demand for cloud-based workforce at an all-time highDespite a dip in overall hiring, demand for cloud technology talent is at an all-time high, a trend accelerated due to the pandemic. The on...
- Staggering majority of Indian organisations facing workforce shortage: SurveyThe survey confirms that organisations have been incurring higher workforce costs both for remote and on-site employees; however, one third...
- Flipkart, Amazon and Snapdeal grappling with shortage of delivery boys in festive season rushThe demand has accelerated to about 100,000 bikers, according to staffing firms which are facing a massive shortage of up to 70%.
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