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Maveric Systems plans to hire and upskill 1,000 tech professionals

Maveric Systems is a domain-led solutions company. It is planning to recruit and trainer over 1,000 technology professionals to become experts in banking technology with its career accelerator, Think NXT. The organisation wants to give participants in this programme firsthand experience working with top regional and international bankers. Maveric Systems hopes to give bright tech workers who are eager for an accelerated career the spot they need through Think NXT, with the help of a strong learning ecosystem, trainers, and client engagement. Read more Date: October 13, 2022 Source: HR World, Economic Times

IIT Guwahati, Veranda Learning launch advance certificate courses for upskilling

Veranda Learning Solutions Limited and IIT Guwahati’s Electronics and Information, Communication Technology (E&ICT) Academy have partnered to offer a variety of technical and managerial programmes and courses. With the support of the E&ICT Academy IIT Guwahati, the Veranda higher-ed team conducted research to better comprehend the necessity of upskilling professionals. As per the report, supply chain and logistics management, product management, digital business management, and business analytics are the professional competencies that will be in demand in the upcoming years. Read more Date: October 3, 2022 Source: The Indian Express

Govt signs deals for upskilling Goa youth beyond academics

The Goa government has inked MoUs with four skilling businesses and is implementing a voluntary upskilling module in higher education institutions alongside traditional academics. The MoUs with Newton School, Unlu, ENTRI, and Navgurukul have been signed by the Goa State Higher Education Council and Directorate of Higher Education. Additionally, training centres will be established in due course, and in the interim, online courses will be available. Read more Date: October 07, 2022 Source: The Goan

Brace up girls! India’s biggest coding competition for women engineers is open for registrations

On August 22, 2022, Geek Goddess’ eighth edition began. The 2021 edition of Geek Goddess marked 73 thousand applications, that was nearly five times the enrolment at the first edition. Geek Goddess is recognised as India’s largest coding competition for women engineers as a result of this fervent registration. The platform will hold a one-day career fair just for attendees where corporate partners will fill open tech jobs. On November 23, 2022, Geek Goddess will come to an end with a virtual grand finale. Women leaders from leading technology businesses will discuss the complexities of tech professions in two panel discussions and four fireside talks at this event. Read more Date: 6 October 2022 Source: TechGig

5 latest trends in employee upskilling and reskilling

According to one research, 40% of Indian workers would need reskilling and 60% would require upskilling as the employment market in India changes due to the introduction of new-age innovation in all industries. The World Economic Forum (WEF) estimates that by 2025, 50% of employees worldwide will need to upskill or reskill in order to take on new responsibilities brought on by automation and innovative technology. In industries like BFSI and IT, the trend is more obvious. Emerging options to improve the learning process are also being made available by on-demand e-learning. Read more Date: October 7, 2022 Source: India Today

India Inc sharpens focus on upskilling employees

Following a hiring spree during the previous year, India Inc. is giving workers upskilling top priority in light of the difficult global economic environment. According to a Mint survey involving more than 750 HR executives, skill-based hiring is popular since employers are now evaluating candidates based on their expertise rather than their qualifications. The second most common justification for choosing a new set of skills was personal development, according to 33% of respondents. On the other side, businesses asserted that, in light of high inflation and a decline in the world economy, upskilling current employees is more advantageous than hiring new ones. Read more Date: 09 October, 2022 Source: Mint

Mumbai Stands At The First Position With Maximum Hiring: Naukri Job Speak Report

According to the monthly Naukri job speak report by Naukri.com, the Indian job market witnessed significant growth in September 2022. It has recorded double-digit growth at +13% YOY and +10% sequential growth. Furthermore, Mumbai holds the top spot with maximum hiring of +27 % Y-O-Y growth, followed by the cities Coimbatore (+25%), Ahmedabad (+23%), Delhi (+14%), Kolkata (+11%), Bangalore (+7%) etc. Read more Date: October 01, 2022 Source: Business World People

India’s top 25 most attractive start-ups to work for, according to LinkedIn

Despite financial constraints in today’s dwindling global economy, Indian start-ups have managed to raise over $1 billion in August 2022. And in light of this, LinkedIn’s list of the “Top Start-ups 2022” for India indicates that the start-up scene in this nation may hold some future. CRED bags the first position in the list of India’s top start-ups 2022, followed by upGrad, Groww, Zepto, and Skyroot Aerospace. To know the complete list of top 25 start-ups in India, click on Read more. Date: October 2, 2022 Source: CNBC Make It

Most Employers Doubt Hybrid Workers’ Productivity, Study Suggests

With the “return to office” scuffle between bosses and employees, there is a rising employee-employer disconnect around hybrid work culture. According to a Microsoft survey, around 85% of employers are doubtful of employee productivity during hybrid or remote work. On the contrary, 90% of employees believe their performance was beyond expectations, as they worked for longer hours, attended calls and meetings, and met deadlines. Read more Date: October 3, 2022 Source: The Swaddle

Why companies need to skill employees instead of hiring for skills?

Employers increasingly prioritise employing professionals with job-relevant skills, a tendency that has reversed from earlier times when businesses preferred to hire competent workers. They are willing to spend money on upskilling their current workforce. The fundamental reason is loyalty, productivity, and growth, which act as the driving forces behind this progressive change. Furthermore, training the existing employee will be less expensive, rather than hiring and training a new professional. Read more Date: October 1, 2022 Source: The Times Of India

India sees growing demand in the cyber security sector

The need for cybersecurity professionals in the country is on the rise. The boom ad demand is definitely due the government’s thrust and young India’s determination to go digital. However, the digital outlook has definitely brought with it the rise of digital fraud and the demand for professionals who can ensure a safe and secure experience. With the cases of cyber-attack, rising companies are scouting for talent who can protect their systems from cybercriminals. Thus, the field of cybersecurity is gaining popularity as it offers good prospects and great pay. Read More. Source: CXOtoday.com Published on: 28th September 2022

Multiple Job Vacancies Spells Corporate Sector on a Hiring Spree

The hustle culture is on the rise and the gig economy is booming. Amidst these, the rising numbers of job creation has risen hope for the young Indians. After losses during the pandemic, the pace of job creation has risen to 8.5% in the country, a study by global investment bank Jefferies reveals. The country is seeing a boom in hiring in the IT sector, contributing 61% to the increment of jobs in the organized sector. Jefferies, in its report of the study of 760 listen to companies, accounts for 6 million employees. The report states that the “private sector hiring was a strong 11.3% and now contributes ~80% to the total listed space employee count.” For More Click Here. Source: Business Insider India Published on: 27th September 2022