Top company executives and HR heads said much of the bounceback, and pickup in hiring will depend on the success of the vaccine and its resultant impact on the economy.
India Inc’s hiring intent boosted by Covid vaccine news
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A study conducted by the recruitment and staffing services provider CIEL HR Services, covering 298 companies across 27 cities, shows that the intent to hire in tier 2 cities has grown by 62% in December versus June and 22% quarterly, a trend that is likely to accelerate in the next quarter.
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According to a Teamlease survey, for January-March, 27% of companies show hiring intent, up from 21% in October-December, and an average 18% in the two quarters of April-September.
Mumbai | New Delhi | Kolkata: New Year. New Hiring plans across India Inc. With vaccine rollout imminent, companies across sectors and regions intend to create jobs briskly, two surveys on hiring intents shared exclusively with ET show. And tier 2, 3 cities will be white-collar job market hotspots.
Steep rise in domestic violence cases as Pandemic changes home dynamics
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Several top companies have come to recognise the issue and some have hired mental health professionals to deal with it.
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A confined life, prolonged work from home and rising stress levels due to the pandemic have led to a steep rise in domestic violence in recent times, said mental health experts.
Mumbai: A woman working in the IT sector in one of the metros recently relocated with her husband to his village home, after both their companies allowed work from anywhere due to Covid-19. However, she felt out of place in the new setup, though her husband was happy to be back with his parents. She wanted to move back to the city but her husband opposed the idea.
While many companies have been driving the gender diversity agenda as a business case on shop floor for the last few years, the pandemic has accelerated the entry of women into the shop floor as many highly strenuous roles — that have been hitherto a male bastion — have been automated, thus making way for women who can manage them.