Employment: HR News, Trends & Workplace Insights

Explore the latest Employment news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Jul 2024
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HCLTech Reports Strong Q1 FY25 Results: Key Highlights
Employment

HCLTech Reports Strong Q1 FY25 Results: Key Highlights

HCLTech, a leading global IT services company, announced its first-quarter results for the financial year 2024-25. The numbers reveal a robust performance, with notable highlights in both financials and human resources. Financial Analysis HCLTech Q1 FY25 Results: Headcount Shift Also Watch: How GenAI Transforms Work Experience and Culture, Click Here Attrition Trends Talent Strategies at […]

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PwC faces talent exodus in China: mass layoffs amid client losses
Employment

PwC faces talent exodus in China: mass layoffs amid client losses

PricewaterhouseCoopers LLP (PwC), a global accounting firm, is facing a seismic shift in its China operations resulting in mass layoffs. The exodus of corporate clients has dealt a blow to the firm’s revenue prospects, prompting a tough decision, i.e., PwC mass layoffs. At least 100 staffers across different teams in PwC China’s offices are now being shown […]

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TCS Adds 5,452 Employees in Q1 FY25: HR Trends and Insights
Employment

TCS Adds 5,452 Employees in Q1 FY25: HR Trends and Insights

Tata Consultancy Services (TCS), India’s premier IT services company, yesterday announced its consolidated financial performance for Q1 FY25 ending June 30, 2024. While the financials exhibit strength, let’s get into the human resources aspects of TCS’s Q1 results. TCS boasts an impressive workforce of 606,998 employees, and during Q1 FY25, they added 5,452 employees. This signals a […]

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Skills Vs Job Market: India’s Demand for High-Tech Engineers
Employment

Skills Vs Job Market: India’s Demand for High-Tech Engineers

India’s technology sector is projected to require over 1 million high-tech engineers proficient in advanced skills like artificial intelligence (AI) and other capabilities within the next 2-3 years, according to estimates from an industry body. This demand for high-tech engineers won’t be met unless the government significantly beefs up education and training in the country. […]

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India’s Workforce Surge: Adding 168 Million Workers
Employment

India’s Workforce Surge: Adding 168 Million Workers

India’s workforce has witnessed a remarkable shift over the past few years. According to the latest data released by the Reserve Bank of India’s KLEMS database, the country has added a staggering 168 million workers to its workforce between FY18 and FY24. This surge in employment reflects both demographic changes and economic dynamics. Let’s get […]

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EPFO’s Latest Rules: How to Freeze and Defreeze Your UAN
Employment

EPFO’s Latest Rules: How to Freeze and Defreeze Your UAN

The Employees’ Provident Fund Organisation (EPFO) has introduced new rules regarding the freezing and defreezing of Universal Account Numbers (UAN). These rules aim to enhance security, prevent fraud, and safeguard the interests of EPF subscribers. In this detailed guide, we’ll walk you through the step-by-step process of freezing and defreezing your UAN, along with other […]

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Supreme Court orders Union Govt to frame menstrual leave policy
Employment

Supreme Court orders Union Govt to frame menstrual leave policy

In a significant development, the Supreme Court of India has directed the Union Government to frame a model policy on menstrual leave for women employees. The court emphasized the need for consultations with states and other stakeholders to address this crucial issue. Why Menstrual Leave? The Supreme Court recently heard a plea filed by advocate Shailendra Mani […]

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Unemployment rate in India is at its lowest
Employment

Unemployment rate in India is at its lowest

In Oct 2023, Prime Minister Narendra Modi said India’s expanding economy is creating new possibilities for the youth and the unemployment rate in the country is at its lowest level in the last six years. And this month recently, Union Minister of State for Labour and Employment Shri Rameshwar Teli said that the number of […]

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IBM with Defence Ministry to provide employment to ex-servicemen
Employment

IBM with Defence Ministry to provide employment to ex-servicemen

Directorate General Resettlement (DGR) under Department of Ex-Servicemen Welfare, Ministry of Defence signed a Memorandum of Understanding (MoU) with IBM to engage ex-servicemen and to facilitate their seamless integration into the civilian workforce. Through this MoU, DGR will collaborate with IBM to tap into the rich talent pool of ex-servicemen for relevant job opportunities that may […]

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Rishi Sunak announces childcare benefits for working parents
Employment

Rishi Sunak announces childcare benefits for working parents

Females contribute a major contribution to the workforce keeping in mind Rishi Sunak took LinkedIn to announce the childcare benefits for working parents in the Spring Budget. Rishi Sunak on LinkedIn said, “For too many, a career break becomes a career end. That’s why two weeks ago in the Spring Budget we announced a revolution […]

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Wipro rolls out record senior promotions
Employment

Wipro rolls out record senior promotions

According to FinancialExpress, an Indian multinational corporation that provides IT, consulting and business process services, Wipro has rolled out record senior promotions to retain the talent. According to reports, Wipro has promoted 12 top executives to the post of senior vice president and 61 executives have been elevated to vice president. Currently, the company has […]

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U.S. employers added 528,000 jobs; unemployment falls to 3.5%
Employment

U.S. employers added 528,000 jobs; unemployment falls to 3.5%

America’s hiring boom continued last month. U.S. employers have added a surprising 528,000 jobs despite rising inflation and rising anxiety about a recession. The hiring in July was up from 398,000 in June. Moreover, the unemployment rate slipped to 3.5%. The U.S. economy shrank in the first two quarters of 2022 an informal definition of […]

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