India Employer Forum, Author at India Employer Forum

Monthly Compliance Roundup, June 2024

India Employer Forum July 14, 2024

The regulatory compliance landscape in India is highly dynamic, with an average of ~23 updates per day. In FY23-24 alone, there were as many as 8,331 updates w.r.t compliance requirements. These regulatory changes are notified on over 2,000 union, state, and local government websites in the form of notifications, directions, circulars, advisories, orders, amendments, and […]

Addressing Wage Disparities to Boost Private Job Creation in India

India Employer Forum July 13, 2024

In India, two events consistently spark intense media coverage about jobs: the release of government recruitment application numbers and slight changes in the official unemployment rate. Both miss the core issue: India faces a wages problem, not a jobs problem. With an official unemployment rate of 5%, anyone who wants a job can find one, […]

Revitalizing Education Policy: Why Increasing Quantity Can Improve Quality

India Employer Forum July 12, 2024

Recent developments in education policy, though well-intentioned, overlook the crucial link between quantity and quality. The government’s scrutiny of “deemed universities” has not only sparked lengthy legal battles but also empowered state education ministers to exploit institutions for financial gain. Regulatory bodies like AICTE are penalizing institutions such as Manipal for admitting 173 MBA students […]

Are Apprenticeships the Future of Employability in India?

India Employer Forum July 9, 2024

With its burgeoning youth population, India faces the critical challenge of bridging the chasm between demand and supply. We need to match the skills emerging from educational institutions to the practical demands of the ever-evolving job market. Traditional academic models often prioritise theoretical understanding, leaving graduates unprepared for real-world scenarios in their chosen professions. This […]

Compliance Culture is a Critical Aspect of Any Organisation

India Employer Forum July 3, 2024

1.What is the regulatory framework for the Aerospace Industry in India? Regulatory Framework for the Aerospace Industry in India Currently, India is one of the fastest-growing markets for civil aviation despite the stress faced by the aviation sector due to the COVID-19 pandemic. India’s domestic traffic makes up more than 65% of the total traffic […]

Bridging the Gap: The Case for Degree-linked Apprenticeships in India

India Employer Forum July 1, 2024

India’s demographic dividend, marked by its youthful population, offers significant promise and notable challenges. Around 15 million new individuals join the workforce each year, exerting considerable pressure on the education system to equip them for meaningful employment. However, the traditional emphasis on theoretical knowledge often leaves graduates without the practical skills employers demand, creating a […]

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Degree Apprenticeships vs. Traditional Degrees: Choosing the Right Path for Your Career

India Employer Forum June 30, 2024

As the job market evolves, the longstanding belief that a traditional college degree is the best route to career success is increasingly being re-evaluated. With more colleges than ever and varied educational quality, simply having a degree no longer guarantees employment. This growing concern prompts many to explore alternative educational paths such as degree apprenticeships. […]

How AI Can Make Us Better Leaders

India Employer Forum June 29, 2024

In the face of unprecedented technological advancements, the role of leadership is undergoing a profound transformation. Today’s leaders are not just navigating traditional management challenges but are also steering their organizations through the complexities of a digital era. Artificial Intelligence (AI) is at the heart of this evolution, offering leaders unprecedented tools to elevate their […]

RBI Directs Financial Institutions to Leverage Technology for Strengthening their Compliance Monitoring Processes

India Employer Forum June 28, 2024

Earlier this year, the Reserve Bank of India (RBI) issued a crucial notification directing its regulated entities to implement robust compliance management systems. This directive followed an extensive assessment of selected entities to evaluate the use of technology and automation in their internal compliance functions. The conclusion was clear: financial institutions must adopt and implement […]

Enhancing India’s Labour Market: Strategies for Skill Development and Growth

India Employer Forum June 28, 2024

India’s labour market confronts three pivotal challenges: matching supply with demand, rectifying skill mismatches, and preparing the workforce for future needs. These issues underscore the complexity of aligning job requirements with the skills possessed by potential employees. Matching supply with demand Efficiently connecting job opportunities with qualified candidates is crucial. Teamlease, a key player in […]

Revamping India’s Labour Laws for Job Growth and Formal Employment

India Employer Forum June 26, 2024

India’s labour laws, largely relics of a bygone era, need significant reforms to foster job creation and enhance formal employment. These laws, written for a vastly different economic landscape, fail to align with the modern workforce’s needs. They assume lifetime employment, overlook the cost-to-company concept, and assume benefits are additional to salaries. Moreover, these laws […]

Transforming India’s Employment Landscape: From Privilege to Right

India Employer Forum June 25, 2024

The next administration must focus on two key employment objectives: increasing the total number of jobs and expanding the share of formal jobs. These issues require distinct solutions. Increasing the Total Number of Jobs To facilitate the transition from agricultural to non-agricultural employment, it is crucial to boost manufacturing jobs, which currently constitute only 12% […]

Author: India Employer Forum