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

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

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Signify Launches Global Digital Centre in Bengaluru
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 […]

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

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TCS CEO Balances Confidence & Caution in FY25 Growth
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 […]

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

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

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Accenture Hiring Spree in India; Explore 60,000+ job opportunities
Hiring

Accenture Hiring Spree in India; Explore 60,000+ job opportunities

An Irish-American professional services company, Accenture in India is hiring for nearly 60000 jobs across locations in the country. These positions include entry-level, experienced professionals, IT, non-IT, and various HR jobs. The company said on its webpage, “Come be part of our team with Accenture India careers – bring your ideas, ingenuity, and determination to make a difference, […]

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Siemens Expands Operations in India: Explore Job Opportunities
Hiring

Siemens Expands Operations in India: Explore Job Opportunities

Siemens Limited, a global leader in technology and engineering solutions, has announced ambitious expansion plans in India. The company’s recent announcement of a capital expenditure (CAPEX) exceeding ₹1,000 crore signals its commitment to growth and innovation. Let’s understand the details of this significant development. Goa: State-of-the-Art Gas Insulated Switchgear and Clean Air GIS Siemens Limited’s […]

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HCLTech Reports Strong Q1 FY25 Results: Key Highlights
Employment

HCLTech Reports Strong Q1 FY25 Results: Key Highlights

HCLTech, a leading global IT services company, announced its first-quarter results for the financial year 2024-25. The numbers reveal a robust performance, with notable highlights in both financials and human resources. Financial Analysis HCLTech Q1 FY25 Results: Headcount Shift Also Watch: How GenAI Transforms Work Experience and Culture, Click Here Attrition Trends Talent Strategies at […]

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TCS Adds 5,452 Employees in Q1 FY25: HR Trends and Insights
Employment

TCS Adds 5,452 Employees in Q1 FY25: HR Trends and Insights

Tata Consultancy Services (TCS), India’s premier IT services company, yesterday announced its consolidated financial performance for Q1 FY25 ending June 30, 2024. While the financials exhibit strength, let’s get into the human resources aspects of TCS’s Q1 results. TCS boasts an impressive workforce of 606,998 employees, and during Q1 FY25, they added 5,452 employees. This signals a […]

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TCS reports 70% of its employees are returned to office
Industry

TCS reports 70% of its employees are returned to office

Yesterday, July 11, 2024, Tata Consultancy Services (TCS) reported Q1FY25 results. IT giant said that nearly 70% of its employees have returned to the office following the introduction of a new policy linking variable pay to office attendance. Chief HR Officer Milind Lakkad told MoneyControl on July 11 that almost 70 percent of employees are […]

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