India Employer Forum, Author at India Employer Forum

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% […]

Economic Future: The Untapped Potential of Indian IT and Manufacturing Sectors

India Employer Forum June 24, 2024

Albert Einstein once said that judging a fish by its ability to climb a tree will make it believe it is foolish. This analogy applies to predictions about India’s IT and manufacturing sectors. Despite only 0.7% of the labour force working in Information Technology (IT) and 11% in manufacturing, gloomy forecasts suggest these sectors have […]

Transforming Karnataka: Building New Urban Hubs

India Employer Forum June 20, 2024

The question of whether Karnataka will bring jobs to its people or move people to jobs hinges on the ability of policymakers to make and implement challenging decisions. Every minute, 25-30 people migrate to an Indian city from rural areas in search of better livelihood and lifestyles. If the pace of migration from rural areas […]

India’s Strategic Role in Leading a Global Guest Worker Program

India Employer Forum June 19, 2024

“Boosting Remittances and Bridging Labour Gaps” In 1937, an American reviewer criticized Radhakamal Mukerjee’s book “Migrant Asia ” for advocating increased migration to wealthy countries, deeming it impractical compared to free trade. Despite the persistent anti-immigration rhetoric from figures like Donald Trump, who often profess restricting immigration, the workforce demands of affluent nations will ultimately […]

The Employment Paradox in India: Solutions for Job Creation and Labor Reform

India Employer Forum June 18, 2024

Bridging the Gap Between Corporate Needs and Labor Supply The employment paradox in India is best exemplified by the divergent realities faced by corporate India and the broader labor force. Companies struggle to find qualified employees to the extent that a client of a leading staffing company, exasperated by the lost opportunities from unfilled sales […]

Monthly Compliance Roundup, May 2024

India Employer Forum June 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 […]

Author: India Employer Forum