While hiring activity across experience bands saw an average decline of 13% in April with the 0-3 years’ experience band being the most hit witnessing a decline of 19%, fall in hiring for 13 plus years’ experience was muc
The company’s profits jumped 41% year-on-year during the quarter to Rs 2,143 crore, ahead of Bloomberg consensus estimates of Rs 1,968 crore. Revenues rose a sharp 34% y-o-y to Rs 11,947 crore again beating estimates of Rs
However, he said it would be difficult to predict how the rest of the quarter would play out. “Nobody knows what will happen and what conditions or restrictions might be imposed. I would not like to make a forecast for the
Ravish Agrawal, co-founder and CEO, Able Jobs, observed that while engineers are being hired to build the infrastructure, sales and support roles are also important given there are several first-time users of the platform who
The second wave of the Covid-19 pandemic failed to cast a shadow on the hiring momentum in March as the count of active jobs, refreshed and accepting applicants reached the 2.9-lakh mark, against 2.6 lakh in February 2021.
Numbers support the trend too. Jobs portal platform Indeed, analysed the freelance job market in India between January 2019 and 2021 revealing that there is a 22% jump in hiring in January 2021 compared to January 2019.
Despite better increments, for the majority of companies, the increase in the wage bill would be equal or less than the budget for salary hikes; this suggests they’re taking a hard look at their team strength.
According to Xpheno, a Bengaluru-based specialist staffing firm, the count of active jobs, refreshed and accepting applicants in February 2021 marginally shrunk by 2% to reach 2,60,000, as against 2,65,000 in January 2021. Th
Part-time openings in January have been the highest for FY21 so far, albeit on a small base. In addition, the number of openings for full-time remote jobs moved up to 7,000 in January, up 40% over December, 2020.
I do not see steel prices going up, but there may not be a big correction downwards. The reasons for that are few. The supplies are expected to go up from countries like Japan, Korea, Russia, which was not the case in 2020. S
Wireless service providers’ revenue is set to improve in Q3FY21 on continued subscriber addition, analysts at Axis Capital observed. “Arpu to improve driven by upscaling (migration to 4G from 2G). Margin to improve from r
Meanwhile, the trend of fewer opportunities being generated in the top five metro locations persisted with their contribution to the total active job counts at a low 28%, down from the earlier highs of 51% in September.
In terms of salaries too, it is expected to be a good year for people with these skills. The current salary ranges in the Rs 20 lakh per annum bracket for a talented person with 5-7 years of experience.