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Springworks CEO says startup spent Rs 40 lakh on Jaipur offsite

  • Springworks CEO Kartik Mandaville emphasized that the HR-technology startup offers remote work to its employees not to save money, but to provide them with a better quality of life.
  • In a recent offsite event at the Jaipur Marriott Hotel, Springworks spent Rs 40 lakh (approximately $54,000) on its employees, highlighting their commitment to improving employee well-being.
  • The total cost of the offsite event was Rs 4,085,698, and Kartik Mandaville shared this information on the microblogging platform X to illustrate their dedication to remote work for a better work-life balance.

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‘Boomerang corps’ remains India Inc’s favourite workforce

  • Boomerang employees, individuals who previously worked in an organization and resigned within the last 24-36 months, are on the rise in India Inc. with a 20-25% growth compared to September 2022.
  • This trend is particularly prominent in sectors such as Financial Services, IT, Consulting, FMCG, Automotive, and Facility Management Services.
  • Major firms like IBM, Lenovo, Compass Group India, and Hindustan Coca-Cola Beverages are welcoming back former employees, as they are cost-effective and bring valuable organizational knowledge.
  • Studies suggest that hiring boomerang employees can result in significant cost savings, estimated between 33-67% in recruitment costs.

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TCS asks employees to work from office 5 days a week from October 1

  • IT services major Tata Consultancy Services (TCS) is likely to end hybrid work from October 1, 2023. In an internal email, the company asked its workforce to attend office for five days a week, signalling a ongoing shift in work-from-home policies for the IT sector which employs over five million Indians.
  • While the previous policy allowed employees to work from the office three days a week, there has been pressure from managers to increase office attendance.
  • TCS will maintain some flexibility and make exceptions when necessary, but it is now mandatory for all associates to attend the office on all working days.

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The Top Emerging Skills in the Tech Industry for 2024

  • Emerging skills include artificial intelligence and machine learning, cybersecurity, virtual and augmented reality, IoT and connected devices, blockchain technology, robotics and automation, cloud computing and edge computing, advanced analytics and big data, and quantum computing.
  • For AI and ML, mastering programming languages, frameworks, and practical applications is essential.
  • In cybersecurity, understanding threats intelligence, secure coding, and privacy regulations is crucial.
  • Skills in VR/AR, IoT, blockchain, robotics, cloud, advanced analytics, and quantum computing will be in high demand as these technologies reshape industries. Continuous learning and adaptability are key to success in the ever-changing tech landscape.

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Why 'Easy Apply' might not be the best approach for job seekers

  • The "Easy Apply" or "Quick Apply" feature on job search websites is becoming less effective in the competitive job market as it encourages candidates to apply to multiple jobs without careful consideration.
  • HR experts suggest that applying directly through a company's career website or job portals provides a more tailored approach, increasing the chances of being shortlisted for mid to senior-level positions.
  • For freshers, the job market is challenging, and using the "Easy Apply" method might not be the best choice due to increased competition and limited job opportunities.
  • When using "Easy Apply," customize responses and showcase relevant skills to stand out effectively.

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'Bengaluru IT companies should declare permanent WFH,' say netizens amid city's traffic problems

  • Bengaluru's Outer Ring Road (ORR) experienced severe traffic congestion, with commuters reporting being stuck for over five hours to travel just 15 kilometers.
  • Frustrated by the traffic woes, netizens have called for IT companies in Bengaluru to declare permanent work from home (WFH) policies until the city's traffic issues are resolved.
  • While many support WFH as a solution, concerns about moonlighting and the importance of in-person collaboration for a day or two a week have been raised.

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The top four in-demand jobs in foreign countries for Indians

  • Information Technology (IT): Highly sought-after IT roles like software engineers and data analysts offer attractive compensation packages in the US and Canada.
  • Data Analytics: Skilled data analysts are in high demand globally, with competitive salaries, especially in the US and Canada.
  • Trucking: Truck driving is a sought-after career in countries like the US, Canada, and Australia, offering attractive remuneration.
  • Nursing: Nursing is a promising career for Indian professionals in the US, Canada, and Australia, given the significant shortage of nurses and strong demand.

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Redditor ends job interview mid-way; It sparked a discussion online

  • A Redditor named 'thepokebowlismine' walked out of a job interview due to a rude and interrupting interviewer.
  • The interview was for a social media/video editing job and started with an unconventional question about LinkedIn.
  • The interviewer criticized the Redditor's demeanor and interrupted their responses, leading to the decision to end the interview.
  • The post sparked discussions online, with many supporting the Redditor's decision and criticizing the interviewer's unprofessional behavior.

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The top 'soft skills' every tech professional should have

  • Soft skills are essential for tech professionals, complementing their hard technical skills.
  • Highly valued soft skills in tech include communication, time management, networking, empathy, critical thinking, proactivity, and self-awareness.
  • Developing soft skills involves seeking feedback, taking online classes, practicing communication, keeping a journal, and role-playing with colleagues.
  • Soft skills are crucial for teamwork, problem-solving, and adapting to rapid changes in the tech industry.
  • Cultivating soft skills not only enhances a tech career but also improves personal effectiveness in various aspects of life.

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Google, Walmart ask Bengaluru staff to work from home amid state water dispute

  • Global firms including Google and Walmart ask Bengaluru employees to work from home amid protests over a river water sharing dispute.
  • Activists demand that water from the Cauvery river not be released to Tamil Nadu, causing tension between Karnataka and Tamil Nadu.
  • Technology companies in Bengaluru adopt work from home policies and some schools shift classes online during the strike.

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Delhi man claims his salary was cut after he got stuck in office elevator for 3 hours

  • An employee in Delhi had a harrowing experience when he got stuck in a faulty company elevator for three hours during a power cut.
  • The elevator had been malfunctioning for weeks, and the company was aware of the issue, yet it had not been fixed.
  • After being rescued, the employee was informed by HR that he would be marked absent for the day and have his pay deducted, despite the circumstances being beyond his control.
  • The employee considered reporting the incident to senior management and received support from Reddit users who advised him not to accept mistreatment.

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The top 5 high-paying Engineering Jobs in India

  • Petroleum Engineering: Average salary ₹41.2 LPA, potential for higher earnings with experience.
  • Computer Science and Engineering: Average salary ₹4 LPA, top professionals in tech giants like Google or Microsoft can earn up to ₹37 LPA.
  • Aerospace Engineering: Average salary ₹6 LPA, prestigious organizations like ISRO or DRDO offer ₹30 LPA or more.
  • Chemical Engineering: Average salary ₹5 LPA, top companies like Reliance or Tata can pay ₹25 LPA or more.
  • AI and ML Engineering: Average salary ₹7 LPA, potential for up to ₹20 LPA with advanced skills and experience.

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Rising salaries of husbands in India encourage women's employment: Study

  • A study in India found that women are more likely to seek employment as their husbands' salaries rise beyond ₹40,000 per month, particularly in urban areas.
  • This trend is attributed to higher-earning husbands being matched with better-educated wives who prefer and have access to higher-paying jobs.
  • Interestingly, women are more inclined to seek formal employment if their mother-in-law is also working, with a 50% to 70% higher participation rate in urban areas.
  • In rural India, marriage leads to a rise in women's employment from 26% to 49%, but household influences remain significant.

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4 Signs You Should Consider Switching Jobs

  • Strained Relationships: If your job dissatisfaction affects personal relationships, it's time to reconsider.
  • Underutilized Abilities: Feeling you're not using your strengths suggests a change may be needed.
  • Lack of Pride: If you struggle to feel proud of your work, it's worth reassessing your career.
  • Negative Well-being Impact: When work drains you and affects your health, consider making a change.

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25 million employees now returning to offices globally in hybrid work era

  • Blind tracked RTO policies of 1,500 companies, with 883 requiring at least one day in the office, impacting 24.9 million employees.
  • 46% of companies mandate in-office work for three or four days a week, while only 9% require five days, including companies like Broadcom and Goldman Sachs.
  • Another 500 companies have location-dependent RTO policies, and approximately 350 have gone fully remote post-pandemic.
  • Major tech companies like Apple, Meta, Amazon, Google, and Microsoft have embraced a hybrid work culture, allowing employees to work both remotely and in the office.

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