A bonus can be used to clear credit card or personal loans, and if that doesn’t help, then a part of the salary increment can go towards repaying dues. An increment or a bonus is undoubtedly a mood booster. Whether it leads to employees improving their performance is another matter. However, if handled well, extra…
Attrition To Rise At India Inc.
The overall average attrition rate is projected at 19 per cent compared to the 2021 attrition rate of 12.1 per cent, show data from 100-plus companies across 18 sectors in the latest salary increment and workplace trends survey. More employees will leave their jobs this year than last year when India Inc faced the wave of great…
Why Startups Attract Talent?
Job seekers will continue to be attracted to startups even as funding activities and salary hikes see a moderation. Despite an impending slowdown in the record-setting pace of funding that is likely to lead to belt-tightening and layoffs at some prominent companies such as Unacademy, Trell and Lido Learning, startups will continue to remain attractive for jobseekers,…
Unacademy Fires Over 1000 Employees: Says Quality and Efficiency Matters!
A massive layoff happened in the second-largest ed-tech company in India! Unacademy has fired over 10% of its workforce. The incident caused a massive uproar on social media and in the industry. Unacademy called it a periodic retrenchment exercise to improve quality and efficiency. This abrupt layoff by Unacademy affects up to 1000 people across…
8 High-Demand Specializations For A Successful Career
The world is changing quickly – and nowhere is that truer than in the technology industry. The competencies companies look for are constantly evolving; but these eight specializations highly in-demand today. Technology is changing the way we see the world. Due to the COVID-19 pandemic, human lifestyles have also changed drastically. Specifically, we’re now more digital…
Gen Z’s Secret Job Hunt Weapon
Shitposting has evolved from controversial tweets to meaningful discourse, thanks to Gen Z, millennials and the growing culture of building in public. In early 2020, Nicaia D’Souza – then 25 years old and unemployed – became very active on Twitter. Dissatisfied with the jobs that came her way because of her vocational education and experience in the…