How did FY24 become IT's worst year?

The appraisal season has started and while companies are trying to retain their best talent, employees are testing the waters. Amid the tug-o-war, retaining and attracting women remains the top priority as gender diversity ratios remain a concern in India Inc. Mint's Devina Sengupta discusses with Sabina Dewan, President and Executive Director, JustJobs Network where are the jobs, is there an employment crisis and why are women dropping out of workforce. Credits: Production - Radhika Makker Audio Editor - Amrinder Singh

According to the Chinese zodiac calendar, 2024 will be the year of the dragon symbolized by bold moves, aggression and power . If India Inc too manages to mirror these traits , what should an employee do to stay relevant? What skill sets become crucial and how will the employer’s stance change? In this episode of The Working Life, Abhijit Bhaduri , GM Global L&D, Microsoft talks to Devina Sengupta on the delicate shifts in power balance that can work as opportunities for many and become worrisome for others .

Tata Communications is absorbing talent that is skilled in AI, IoT, product management, security to build pipeline beyond 2024 and compete with both telecom service providers and product companies. The telecom firm's CHRO Aadesh Goyal, speaks to Mint's Devina Sengupta on how hyper personalising benefits and compensation can become a good way to retain high performers.

What can be done to bring down attrition in the banking sector? Rajkamal Vempati- President & Head-HR, Axis Bank talks to Mint’s Devina Sengupta for The Working Life on the shortage in customer facing roles and why manpower will remain the biggest challenge and opportunity in 2024

The battle grounds at IITs this year are calm and the usual aggression is missing indicating a weak appetite amongst companies across sectors. Does that mean in the next few months B-schools will see a lukewarm placement ? Sunil Chemmankotil, CEO for TeamLease Digital talks to Mint's Devina Sengupta on how colleges are reworking strategies to their students placed and why India Inc may benefit if it goes to recruit graduates now.

How are companies looking beyond wage hike to retain the high performer? As India Inc enters the appraisal cycles, firms are scampering to get coaches, personalized upskilling programs to indicate that there are special plans for the career of their top talent. Nishchae Suri , MD India for Cornerstone talks to Devina Sengupta on The Working Life about how upskilling can be the crucial ace up the HR's sleeve

Firms are resorting to outplacement services to help laid-off employees find another job and protect the company’s brand image. In this episode of The Working Life, Hardeep Singh, President – Right Management India explains to Mint’s Devina Sengupta how the well-being of a retrenched employee is becoming important and how soon can they find another job. Tune in to know more!!

The alco-bev industry may be maturing in India but getting the right tasters, the digital and marketing experts poses a big challenge. In this episode of The Working Life, Nitu Bhushan CHRO, Pernod Ricard, South Asia highlights the firm's steps in bringing in more women, building a larger brand image through campus initiatives and how the firm is protecting its talent against the onslaught of FMCG firms.

While IT giants are struggling to bring down wage costs and are on a cost cutting spree, the mid-tier companies had not gone over-board during the recruitment frenzy. In today's episode of The Working Life Avneet Hora, Senior Director, Human Resources, Unisys explains how these smaller firms had estimated that lull and had not inflated salaries or gone over-board with hiring , which has helped them handle cost pressures today.

Demand for IT services has slumped amid a global slowdown. FY24 could turn out to be the worst year for IT sector hiring in a long time. Prasadh M.S., head of workforce research and analytics at Xpheno breaks down for The Working Life, why the sector's plummet was unforeseen and recovery is delayed.