Pay Hikes in 2016 to be Slightly Lower at 10.3%: Study

Pay Hikes in 2016 to be Slightly Lower at 10.3%: Study

New Delhi: Employees in India can expect an average pay increase of 10.3 per cent across various job roles in 2016 with chemicals and high technology industries likely to lead the market in terms of salary hikes. According to a research by Hay Group division of Korn Ferry, the 10.3 per cent pay rise across sectors represents a slight dip against an actual average salary increase of 10.4 per cent across India Inc last year. “This year’s compensation study predicts the pay rise to be more or less the same…

Read More

In Bengaluru, A Watchman Earns More Than A Data-Entry Executive: Report

In Bengaluru, A Watchman Earns More Than A Data-Entry Executive: Report

In Bengaluru a data-entry professional earns a salary of Rs 10,141 according to Babajobs.com (representative image). Data compiled by a jobs portal on wages in informal sector throws up some surprises.  In Bengaluru, which is often referred to as the IT capital of India, a watchman earns an average monthly salary of Rs 10,152  while a data-entry professional gets Rs 10,141, reveals data from Babajobs.com, a job portal. Babajobs.com is a Bengaluru-based job portal that caters to job seekers especially in the informal sector and entry-level professionals with a salary…

Read More

Young Indians Clock More Work Hours Than Global Peers: Survey

Young Indians Clock More Work Hours Than Global Peers: Survey

By 2020, millennials will make up over a third of the global workforce, ManpowerGroup estimates. Young Indians clock in more hours at work than their peers in other countries, says a survey. Millennials in India put in 52 hours per week on average – the longest – says a survey from ManpowerGroup, a global human resource consulting firm. Millennials are commonly referred to as people born in the 1980s and 1990s. In comparison, millennials in China clock 48 hours, US 45 hours, Canada 42 hours, Germany 43 hours, UK 41…

Read More

1 Lakh IT Jobs Shed By US Employers In A Month: Report

1 Lakh IT Jobs Shed By US Employers In A Month: Report

Employers in US eliminated 96,000 IT or information-technology jobs in May, according to an analysis by industry trade body CompTIA. This brought down overall IT employment to an estimated 4.5 million workers as of May 31, the trade group said. The disappointing reading in IT jobs follows grim overall employment number reported by the US for the month of May. Overall, non-farm payrolls increased by only 38,000 jobs last month – the fewest number of jobs added in more than five years. “Much like the rest of the May jobs…

Read More

Suddenly Lost Your Job? How To Manage Your Finances

Suddenly Lost Your Job? How To Manage Your Finances

Experts always advise to have a six to eight months of salary as an emergency fund to avoid being in a dire situation such as a job loss. An unexpected job loss can wreak your finances and be emotionally traumatic as well. For those who have big EMI burdens, it can be even more devastating. Here are a few tips that can help you deal with such a situation in a better way, according to financial planners: Renegotiate you loans: The equated monthly installments (EMIs) generally account for the biggest…

Read More

Less Than 8% Indian Engineers Fit For Core Engineering Roles: Report

Less Than 8% Indian Engineers Fit For Core Engineering Roles: Report

Employability in the domain specific roles is the highest for Electronics engineers at 7.07 per cent. New Delhi: Significant efforts need to be made to improve employability in the engineering sector as less than 8 per cent of Indian engineers are employable in core engineering roles, reveals an Aspiring Minds’ report. The National Employability Report for the first time this year looked into the employability of specialised and new careers, which are available to engineers, other than core IT and software roles. The nationwide analysis based on a sample of…

Read More

Flipkart Ranked No 1 In LinkedIn’s ‘Top Attractors’ List For Job Seekers

Flipkart Ranked No 1 In LinkedIn’s ‘Top Attractors’ List For Job Seekers

E-commerce player Flipkart has been ranked as the best company in India for “attracting and keeping top talent”, according to a LinkedIn study. Amazon (2nd), Housing.com (9th), Ola (10th), Snapdeal (11th), OYO Hospitality (16th), MakeMyTrip (22nd) and Zomato (25th) are the other internet companies that made their way into LinkedIn’s “Top Attractors” list of 25 companies. Not surprisingly, tech and consulting firms also dominated the list. Capgemini (3), Google (4), KPMG (5), Deloitte (6), Adobe (7), HCL Tech (8), Microsoft (12), Wipro (14), Accenture (17), Cognizant (20), ZS Associates (21)…

Read More

More Candidates Found With Discrepancies In Resumes: Study

More Candidates Found With Discrepancies In Resumes: Study

The discrepancy level was at 10 per cent in 2013, which rose to 10.5 per cent in 2014, it said. In 2015 it had risen to 11.6 per cent. Mumbai: Even as employers are looking for best screening practices, a study today said it found higher number of candidates with discrepancies in their resumes during the first quarter of 2016. A study of the Case Level Quarterly Discrepancy Analysis for the first quarter of 2016 by First Advantage showed that the discrepancy percentage rose to 12 per cent. It means…

Read More

Job Rejection: Weak Handshake, Fumbling Could Be A Reason

Job Rejection: Weak Handshake, Fumbling Could Be A Reason

About 60 per cent of the candidates surveyed attributed their failure in job interviews to non-verbal elements. New Delhi: Avoiding eye contact, fumbling, talking too much and bad-mouthing previous employer are among the key reasons for rejection in job interviews, says a TimesJobs study. While both verbal and non-verbal elements contribute to the rejection of a candidate during a job interview, non-verbal elements hold more significance, it said. About 60 per cent of the candidates surveyed attributed their failure in job interviews to non-verbal elements including weak handshake. About 40 per…

Read More

Lionel Messi Given 21 Months For Tax Fraud, Likely To Avoid Prison

Lionel Messi Given 21 Months For Tax Fraud, Likely To Avoid Prison

The court found Lionel Messi and his father guilty of three counts of defrauding tax authorities. Madrid: Lionel Messi and his father were sentenced to 21 months in prison for tax fraud by a Barcelona-based court on Wednesday, with both sentences likely to be suspended. The court found the Barcelona star and his father, Jorge Horacio Messi, each guilty of three counts of defrauding tax authorities of 4.1 million euros ($4.6 million). In Spain, sentences of less than two years for first offences are usually suspended, meaning neither man would go…

Read More