Companies relying on employee referrals for 30% of hiring: Experts

NEW DELHI: Companies are increasingly relying on existing employees to rope in fresh recruits, especially in the IT space, and experts believe employee referrals account for about 30 per cent of hiring. read more...

Asia needs more high quality jobs to maintain growth: ADB

SINGAPORE: Developing Asia needs to create more high quality jobs if the region is to sustain the rapid economic expansion seen over the past two decades, the Asian Development Bank said on Tuesday. read more...

IT, BPO sectors create maximum jobs in India

KOLKATA: The information technology and BPO sectors have together created the highest number of jobs in India... read more...

Top IT cos up headcount by 20% in last fiscal

New Delhi, April 27: The top four IT services companies now employ an aggregate 5.25 lakh professionals, 19 per cent more than the year-ago period. read more...

Tier-II firms face pressure on bottomline

Hyderabad, April 28: Making an effort to shrug off sluggish growth rates, the Tier-ii information technology companies step into a new financial year witnessing tremendous pressure on bottomlines and profitability. Though markets have begun to look up, IT firms are not yet successful in convincing clients to increase billing prices. On the other hand, salary costs have gone up significantly. read more...

Modest Bonuses of 15% Offered Earlier

With the talent demand-supply deficit growing, companies don't want to increase their fixed human resource costs... read more...

Performance Pay Hits Peak at India Inc

KOLKATA: Indian executive salaries got a shot in the arm as companies showered one of the best performance-linked bonuses to employees this year read more...

CXOs get up to 10% pay cut due to dull market

NEW DELHI: Job market is all about economic sentiment. If you ever doubted this, here's the proof. CXO compensation packages have tumbled in the past few weeks due to uncertain business sentiment. Companies want to get top honchos at a lower price, and to their surprise, they are getting the talent too read more...

CEOs step out of corner rooms to coach young professionals

MUMBAI | NEW DELHI: For two days every October, Anand Mahindra sits through some 80 interviews with graduates, trying to decide which of them will be awarded a company-instituted scholarship for higher studies. read more...

India needs 55 million additional jobs by 2015 to keep current employment level: Crisil

NEW DELHI: India requires about 55 million additional jobs by 2015 to maintain its current ratio of employed to total population at 39 per cent, research firm Crisil said. read more...