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Hiring intent in India Inc will rise in 2024 but IT jobs to remain scarce: Report
- India's hiring landscape is poised for growth in 2024, with overall intent increasing 19 percent compared to the previous year, according to a report by recruitment platform Taggd.
- The manufacturing sector leads with a robust 25% hiring intent, followed by BFSI at 25%. However, the IT sector shows a conservative 3% increase in hiring intent, reflecting nuanced approaches amid evolving industry dynamics.
- While the pharmaceutical and automotive industries display positive hiring trends, the IT sector faces challenges. The report anticipates a shift to 60% in hybrid work models in 2024, and a decline in direct walk-ins, with employers preferring diverse hiring sources.
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6 ways you know you’ve got the job before the interview is over
- Engaging Conversation: Extended discussion beyond standard questions indicates genuine interest.
- Positive Body Language: Look for eye contact, nods, and smiles, showing approval and enthusiasm.
- Salary and Benefits Discussion: Mention of compensation and benefits signals serious consideration.
- Team Introduction: Meeting potential colleagues suggests confidence in your fit within the team.
- Next Steps Discussion: Outlining future steps or expressing eagerness indicates strong consideration.
- Chemistry and Connection: Natural rapport and shared values create a sense of alignment with company culture.
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Nearly 40% of hiring managers lie during job interviews; here are the 3 most common deceptions
- Job interviews often involve deception from both candidates and hiring managers, with nearly 40% of managers admitting to lying, as per a Resume Builder survey. The top three lies involve role responsibilities, career growth, and professional development.
- These deceitful tactics often work, as 92% of managers claimed success in convincing candidates who later accepted job offers. Red flags for interviewee deception include discouraging contact with current employees, talking in circles, and evading questions.
- Such behaviors may indicate a lack of trust in company culture or a potential disorganization within the company's hiring process and overall culture.
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Ways to retain and engage employees at workplace
- Organizations enhance employee engagement and retention through holistic well-being strategies, incorporating physical, mental, and emotional aspects.
- Khaitan & Co emphasizes wellness leaves, recuperation leaves, flexible working hours, and mental health discussions. BNY Mellon offers global policies, mental health champions, and work flexibility.
- DBS Bank's initiatives include iOK service, iFlex Wallet, and a hybrid work model. Cleartrip promotes agility, innovation, flexible benefits, and work-from-anywhere policies.
- Hindustan Coca-Cola Beverages addresses mental health and work-life balance in response to the evolving work landscape.
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Five strategies to get you the job you want in 2024
- Start Early: Begin your job hunt before the year-end as some recruiters advertise roles before the new year, increasing your chances of finding opportunities.
- Perfect Your Resume: Create a keyword-rich, simple resume tailored for each job, emphasizing relevant experience.
- Update Social Profiles: Keep your professional social profiles current and dynamic, showcasing awards, campaigns, and achievements. Recruiters often cross-reference them with your resume.
- Upskill: Research and acquire skills needed for your target job to showcase ongoing learning.
- Hone Interview Skills: Practice responses, seek help, or practice with others for better interview technique.
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How to beat procrastination at your workplace
- Procrastination is the act of delaying or postponing tasks despite knowing the negative consequences. Overcoming procrastination involves making daunting tasks as approachable as smaller ones.
- Many people face procrastination on a five-year capital improvement plan, opting for smaller, more immediate tasks.
- Breaking down significant tasks and incorporating them into daily routines can make them seem less intimidating and help beat procrastination.
- Experts point out the struggles of procrastination and emphasize the psychological aspects of task management for overcoming procrastination.
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Indian IT firms to see 5-6% rise in hiring; here are the most in-demand skills for jobs
- The Indian IT services sector is experiencing a hiring boost, with a 5-6% YoY increase in December 2023, driven by a projected 9% growth in 2024 IT budgets.
- In-demand skills include Python, Java, JavaScript, databases, and cloud computing. Companies are seeking roles like software developers, network administrators, cloud architects, and cybersecurity specialists.
- Salary increases of 10-15% reflect the challenge of finding and retaining skilled talent. Industry insiders anticipate a resurgence in IT spending, prompting lateral hiring and recruiting experienced professionals.
- Although overall IT talent demand is currently modest, experts foresee a gradual uptick in IT hiring from H2 2024, with a potential uptick in US demand.
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Remove These 3 Skills From Your Resume And Add These Instead
- In today's competitive job market, optimizing your resume is crucial. Avoid outdated skills such as fast-typing, basic Microsoft Office proficiency, and listing soft skills without examples.
- Instead, focus on in-demand skills like data analysis, essential for various industries, digital marketing for a strong online presence, and familiarity with AI tools to stay competitive and future-ready.
- Showcase these skills with specific examples of achievements to make your resume stand out. It's essential to adapt to the evolving job landscape and demonstrate the value you can bring to potential employers.
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Overspeeding To Office? Bengaluru cops may tell your boss
- The Bengaluru police have launched a novel initiative to promote road safety by notifying companies about their employees' traffic violations.
- The experimental drive, currently active in the Mahadevapura traffic police division, involves identifying violators, checking their identification cards, and sending lists of violations to their respective companies. The initiative aims to make riders more conscious of road safety and traffic rules.
- The police suggest companies organize awareness sessions and collaborate with law enforcement. However, some express skepticism, emphasizing the need for individual accountability and discussions within companies for the initiative to be more effective.
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How thinking about work at night can make you a bad leader the next day
- A study indicates that managers who refrain from thinking about work during off hours experience reduced depletion the next day.
- This break from work-related thoughts contributes to a positive self-perception as a leader, enhancing the manager's ability to fulfil leadership roles.
- The findings particularly emphasize the importance of this off-hour break for new managers, suggesting that constantly thinking about work may hinder their leadership effectiveness.
- The study notes the common tendency among managers to always make themselves available, highlighting the need for intentional breaks.
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An Amazon recruiter states 4 reasons why a longer hiring process is good for both employees and companies
- Protecting Reputation: Lengthy hiring processes are crucial for managers, as a bad hire can damage a manager's reputation and hinder career progression, as stated by Brandon Southern, a senior leader at Amazon.
- Team Impact: A wrong hire can disrupt team dynamics, impede results, and divert focus from high-value projects, affecting individual and team performance.
- Challenges in Replacement: Replacing a bad hire can be challenging. Managers may face obstacles in removing underperforming employees, impacting team efficiency.
- Resource Intensive: Making a bad decision in hiring restarts this costly process, emphasizing the importance of careful candidate selection.
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Job Hunting? Here's the Buzzword cheat sheet every applicant needs
- Strategic Placement: Integrate buzzwords seamlessly into your experience, showcasing tangible impacts. Demonstrate how you've made a difference rather than just stating skills.
- Tailored Approach: Customize buzzwords for each application. Align them with the job description to convey a perfect fit, emphasizing that you're not just suitable but ideal for the role.
- Result-Focused: Elevate buzzwords with quantifiable achievements. For instance, transform 'team leadership' into 'Led a team of 10, achieving a 40% increase in productivity' for greater impact.
- Industry-Specific Keywords: Research and incorporate terms unique to your target industry and role.
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World’s Best Workplaces 2023: Top 10 companies creating a great work culture
- Fortune's 2023 World’s Best Workplaces, in collaboration with Great Places to Work, features the following top 10 companies renowned for exceptional work cultures.
- Hilton (Hospitality), DHL Express (Logistics), Cisco (IT), AbbVie (Pharmaceutical), Teleperformance (Digital Business Services), Deloitte (Professional Services), Salesforce (IT), Stryker (Medical Technology), Cadence (IT), and Accenture (Professional Services).
- The list, based on surveys of 6.2 million global employees, highlights firms excelling in positive workplace cultures, with criteria including presence on regional Best Workplaces Lists and a workforce of over 5,000 employees, 40% of whom are based outside the headquarters.
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Only 4 out of 10 youth in India have heard of ‘21st-century skills’
- A survey conducted by Life Skill Collaborative reveals that only 4 out of 10 youth in India are aware of '21st-century skills' or 'life skills'. These skills, crucial for success in the modern world, encompass critical thinking, creativity, digital literacy, and cultural awareness.
- Older youth (19-22) show greater awareness than younger counterparts (14-18). The survey, covering 15,856 youth, indicates that even when youth claim knowledge of life skills, they often confuse them with vocational skills.
- While most are familiar with specific terms, 'resilience' and 'critical thinking' pose challenges. The findings emphasize the need for initiatives in public education to impart life skills.
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Top 10 In-Demand IT skills to boost your career in 2024
- In the IT landscape of 2024, essential skills include Big Data, Data Science, AI, Machine Learning, Cyber Security, Data Analysis, Cloud Computing, Blockchain, Mobile App Development, and Information Security.
- Big Data shines with high salaries and growth potential. Data Science demands analytical skills, while AI and Machine Learning drive innovation. Cyber Security safeguards networks, and Cloud Computing delivers accessible resources.
- Blockchain secures information, and Mobile App Development caters to global users. Information Security anticipates a 37% job increase. IT Operations and Governance ensure career progress. These skills are essential for navigating the dynamic field of IT.
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