In the press

Hiring experts say besides retail and FMCG, companies in most other sectors including retail, consumer goods, durables, logistics, pharmaceuticals, banking and auto are also returning to the job market. India’s job market is showing signs of recovery from the lows hit in the aftermath of demonetisation, and recruitment firms expect up to 50% jump in hiring in the next quarter compared to November – December levels.   Pankaj Bansal, CEO at PeopleStrong, said impact of demonetisation or Trump on the job market was not severe. “There is stress and uncertainty in the environment but it has not led to...

Shantanu Pathak and his team designed Care Mother, an integrated mobile pregnancy care solution in 2014. The idea was to enable pregnant women to undergo essential digital tests including haemoglobin levels, blood pressure, foetal distress, record the reports in a mobile application that gynaecologists can access. With the help of Internet of Things (IoT), which involves the use of devices to collect and examine data, Pathak now wants to identify specific healthcare parameters. “This information will not only help doctors treat patients more effectively, but also help the government to carry out focused risk intervention on specific areas rather...

In India, the RPO demand is being driven mainly by banking and financial services, technology, pharma, healthcare and telecom sectors. RPO firms have been prompted to increase their team size to meet the increase in demand. A couple of months ago automaker Tata Motors outsourced its talent acquisition, barring CXO and top management hiring, to a leading recruitment process outsourcing company. Financial services giant Citigroup’s shared services centre in Pune moved to recruitment process outsourcing (RPO) in October, and based on its experiences at the Pune centre the company plans progressive strengthening of the model. To read more: Click...

Companies these days also map the next level that employees should graduate to. As a policy anybody who has been in a particular role for two years should be moved to a higher career level. Pankaj Bansal, co-founder and CEO, PeopleStrong, says “We manage joining, exit, payroll and timesheet or attendance processes for various companies. Employees can use their mobiles to check in, submit reimbursements, even send their resignations through their mobiles, manage the entire exit and full and final settlement, get their queries answered through chatbots – all of this helps companies save on costs.” Click here to...

The past decade will surely get the title of being the most defining decade in India for the Human Resources function. Be it adoption of mature HR Transformation practices, going digital or attracting investments, HR and HR tech in India have come a long way. And for the first time since the inception of HR and HR Tech, the pace of growth and innovation in this field in India has been almost as fast as the global market. It has been an interesting journey! And I am going to try and capture this phenomenal transition of HR in India...

Pankaj Bansal said, Professionals in demand would be those with 2-5 years of experience in handling chatbots (created through artificial intelligence) and data analytics. They would have most likely trained themselves on the job and have acquired skills by working on projects. Read More:...