Industry: HR News, Trends & Workplace Insights

Explore the latest Industry news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Jul 2024

Industry

Telecom Compensation Trends in FY Hikes Moderate to

Jul 29, 2024

Generative AI Set to Transform Software Workforce Capgemini

The software industry is on the cusp of a transformative shift as generative AI Gen AI gains promi...

Industry

Jul 29, 2024

Latest news: Generative AI Set to Transform Software Workforce Capgemini - SightsIn Plus

TCS iON offers a -day free digital certification program Apply

Are you looking to boost your career prospects in the ever-evolving digital landscape? Look no furth...

Industry

Jul 27, 2024

Latest news: TCS iON offers a -day free digital certification program Apply - SightsIn Plus

Shifting Trends Younger, Educated Women Workforce

The world of work is evolving, and women are at the forefront of this transformation. From breaking ...

Industry

Jul 25, 2024

Latest news: Shifting Trends Younger, Educated Women Workforce - SightsIn Plus

Industry

Union Budget 2024-25: Key HR Takeaways, and Industry Reactions

Finance Minister Nirmala Sitharaman presented her record seventh consecutive Union Budget 2024-25 today, July 23, during the Budget Session of Parliament, focusing on economic growth, fiscal stability, and development initiatives. The Budget 2024-25 holds promises and significance for HR leaders in many ways as organizations are grappling with work dynamics, talent management, and technological disruptions. […]

Jul 23, 2024

Industry

LTIMindtree Q1 FY25 Highlights: Key HR Insights, and Trends

Larsen and Toubro group company, LTIMindtree, a prominent player in IT services, has recently announced its financial performance for the first quarter of fiscal year 2025. Here are the key highlights: Workforce Metrics In Q1FY25, the company’s headcount fell to 81,934 from 82,738 in Q1FY24 but rose from 81,650 in Q4FY24, reflecting adjustments amid an […]

Jul 23, 2024

Industry

Hiring Trends in IT Industry – FY25: Campus, Lateral, GCCs Hiring

The IT industry, a dynamic and ever-evolving sector, faced challenges in hiring in the last financial year. However, Q1FY25 Results have witnessed significant developments in the IT sector. TCS and Wipro have added a significant number of employees in Q1FY25. However, Infosys and HCLTech reported a reduction in employees in the first quarter. Total Headcount […]

Jul 22, 2024

Employment

Larsen & Toubro: L&T expands workforce, explore job opportunities

Recently, Larsen & Toubro (L&T) Chief Financial Officer R Shankar Raman said that the engineering major has increased its workforce by 10 percent in the past year, adding close to 8,000 people in 2023-24, and plans to keep expanding its workforce till 2025-26. Between December 2022 and 2023, L&T increased its workforce in the main […]

Jul 20, 2024

Industry

Wipro Q1 FY25 Highlights: Added 337 Employees in Q1

Wipro Limited, a leading technology services and consulting company, has released its financial results for the first quarter of FY2025. Despite industry challenges, Wipro’s performance reflects both resilience and strategic adjustments. Wipro Q1 FY2024 Highlights Wipro’s Q1 FY2024 revenue reached ₹22,310 crore, showing growth from the same period last year. The company reported a profit […]

Jul 19, 2024

Employment

HCLTech Three-Day Office Rule: Leaves Hang in the Balance

HCL Technologies (HCLTech), India’s third-largest software exporter, is rolling out a new policy that directly links employee leaves to their attendance in the office. As companies seek to bring employees back to the campus after the pandemic, HCLTech’s move aims to implement a three-day work-from-office model. Let’s dive into the specifics of this policy and […]

Jul 19, 2024

Employment

Infosys Q1FY25 | Key Highlights, Headcount Reduced to 3,15,332

India’s second-largest IT services giant Infosys today announced its first quarter results for the financial year 2024-25. Infosys reported a consolidated Profit After Tax (PAT) of Rs 6,368 crore for the quarter ending June 30, 2024, marking a 7.1% increase from Rs 5,945 crore in the same period last year. The company’s revenue from operations […]

Jul 18, 2024

Industry

Signify Launches Global Digital Centre in Bengaluru

Signify, the world’s leading lighting company, has inaugurated its state-of-the-art Global Digital Centre in Bhartiya City, Thanisandra, Bengaluru. This strategic move testifies Signify’s commitment to digital transformation, innovation, and sustainability. Signify Global Digital Centre: Key Highlights The Global Digital Centre, part of Signify’s Innovation Labs (SIL), is designed to foster creativity and collaboration. With a […]

Jul 18, 2024

Employment

India’s Financial Sector Faces Talent Crunch: 18 Lakh Jobs Unfilled

India’s financial services sector is facing a significant challenge – there are no takers for nearly 18 lakh jobs created last year. Krishan Mishra, CEO of the Financial Planning Standards Board (FPSB) India, highlighted this issue, shedding light on the unmet demand for skilled professionals in the industry. The Data Revealed Also Watch: How GenAI Transforms Hiring […]

Jul 18, 2024

Employment

TCS CEO Balances Confidence & Caution in FY25 Growth

Tata Consultancy Services (TCS), India’s largest IT services firm, is treading cautiously in the face of economic uncertainty. While expressing confidence in future growth, TCS CEO K Krithivasan acknowledges that challenges persist. In a recent interview, Krithivasan highlighted “It would not be appropriate to say that the worst is behind us,” Krithivasan remarked.” We do […]

Jul 17, 2024

Compensation

HCLTech CEO C. Vijayakumar: No Attendance-Linked Variable Pay

In a recent interview, C. Vijayakumar, Chief Executive Officer (CEO) and Managing Director (MD) of HCLTech, clarified the company’s stance on variable pay and attendance. Despite India’s third-largest IT services company asking employees to report to the office thrice a week or face disciplinary action, HCLTech has no intention of linking variable pay to attendance. HCLTech’s CEO […]

Jul 16, 2024

Hiring

Salesforce, partners to create 1.8M jobs in India, Explore new roles

Salesforce, the global leader in CRM, shared insights from an IDC study, revealing the Salesforce economy’s expansion, driven by AI. The study forecasts Salesforce and its ecosystem in India will create 1.8 million new jobs and generate $88.6 billion in new revenues from 2022 to 2028. IDC Salesforce Economic Impact Study The IDC Salesforce Economic […]

Jul 15, 2024