Survey & Report: HR News, Trends & Workplace Insights

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

Updated on: May 2024
31% of women in tech mull leaving within 12 months, Report
Survey & Report

31% of women in tech mull leaving within 12 months, Report

According to a Skillsoft report, Nearly a third of women in tech (31%) are contemplating leaving due to poor management, insufficient training, and inadequate compensation. According to Orla Daly, Chief Information Officer at Skillsoft, 85% of survey respondents note gender disparity in their team, while 38% express dissatisfaction with growth prospects. Daly warns of a […]

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Tech Startup layoffs in India drop 60% in January-March, report
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Tech Startup layoffs in India drop 60% in January-March, report

As per Layoff.fyi, Indian technology startups have scaled back on layoffs this year, with a reduction of over 2,000 employees in the first quarter compared to last year, marking a 60% decrease. This decline aligns with reduced venture capital, according to the tracking website. In the first quarter of 2023, 43 firms axed 5,358 employees, […]

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AI Market in India is Projected to Grow at 25-35% till 2027, Report
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AI Market in India is Projected to Grow at 25-35% till 2027, Report

According to BCG and NASSCOM report, The AI Software & Services market is already valued at c. $100 Bn and is expected to reach $300-320 Bn by 2027. Further, investments in AI are also booming across the globe with a sizeable $83 Bn invested in 2023. Interestingly, data & analytics and Gen AI emerge as […]

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Deloitte reports average CEO pay increase 40% to INR 13.8 crore
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Deloitte reports average CEO pay increase 40% to INR 13.8 crore

According to the Deloitte India Executive Performance and Rewards Survey 2024, average CEO compensation stands at INR 13.8 crore, up 40 percent compared with pre-COVID-19 levels. Every second CEO had a target compensation of more than INR 10 crore in 2024, compared with every third CEO in 2020. CEOs who were also promoters or members […]

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IT industry expects 8-10% salary increase in 2024, Michael Page
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IT industry expects 8-10% salary increase in 2024, Michael Page

The IT services industry is experiencing a recalibration phase, with companies moderating salary increments to around 8%-10% when switching jobs. Demand is high for C-Suite positions in technology, data, AI/ML, product, security, and Gen AI, as reported by global recruitment firm Michael Page. The latest annual salary guidance highlights Gen AI technology as a focal […]

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Companies will train 650K+ employees in Gen AI; Deloitte Report
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Companies will train 650K+ employees in Gen AI; Deloitte Report

Between 2023 and 2024, over 650,000 employees in India will undergo Gen AI training amid a surge in AI adoption, with initiatives growing 2.7x, as per Deloitte. Additionally, 70+ startups providing Gen AI solutions have collectively secured over $590 million in investor funding. The report forecasts India’s Gen AI market to grow at a CAGR […]

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IT hiring mandates surge 50% in February, 2024
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IT hiring mandates surge 50% in February, 2024

February saw a record-high demand for technology talent, raising optimism for a recovery in the IT hiring market, which hit a two-decade low this fiscal year. In February, hiring mandates for IT talent reached 124,000, marking a nearly 50% increase from January and a 33% rise from December, according to data from staffing firm Xpheno. […]

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AI boosts Indian employees’ salary, accelerates career growth
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AI boosts Indian employees’ salary, accelerates career growth

New research by Amazon Web Services (AWS) reveals that in India, employees equipped with AI skills could potentially receive salary increases exceeding 54%. Among them, those in IT (65%) and research and development (62%) sectors stand to gain the most. On top of significant salary increases, 97% of workers in India expect their AI skills […]

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62.5% of Women Prioritize Mental Wellness Amid Workplace Stress
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62.5% of Women Prioritize Mental Wellness Amid Workplace Stress

United We Care, an innovative deep-tech company dedicated to revolutionizing mental health and emotional wellness has conducted an extensive survey shedding light on the state of mental health among young women in India. Some key findings from the survey unveil compelling insights- Shumita Kakkar, Founder & COO of United We Care said, “At United We Care […]

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23% metro-based Indian women perceive gender pay gap, Report
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23% metro-based Indian women perceive gender pay gap, Report

DBS Bank India, in collaboration with CRISIL, launched the second of three reports from its comprehensive study entitled ‘Women and Finance‘. The perceived gender pay gap at a pan-India level stood at 23% among salaried women, while perceived gender bias stood at 16%. Moreover, 42% of salaried women in metros face challenges while negotiating salaries. […]

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Private employers added 140,000 jobs in February: ADP Report
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Private employers added 140,000 jobs in February: ADP Report

According to the February ADP® National Employment Report, a collaboration between the ADP Research Institute® and the Stanford Digital Economy Lab (“Stanford Lab”), employment in the private sector saw a rise of 140,000 jobs in February. Furthermore, annual pay also experienced a significant increase of 5.1 percent compared to the previous year. The jobs report […]

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Companies prioritize employee well-being & wealth creation- ADP
Survey & Report

Companies prioritize employee well-being & wealth creation- ADP

According to the recently released research by ADP, employee well-being, including financial well-being and wealth creation, has become a key priority for Indian organizations in 2024. A significant 62% of companies state that employee well-being is the top consideration in their HR strategy for the year. Employers are actively considering AI as a tool to […]

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