Honorable Union Finance Minister Smt Nirmala Sitharaman has presented the Union Budget 2023-24 yesterday February 1, 2023 in parliament. Here are key highlights of the Budget 2023. – Finance Minister Nirmala Sitharaman upped the rebate limit for paying income taxes to Rs 7 lakh/annum. – The tax exemption limit has been increased to Rs 3 […]
Hiring-firing Paradox: Last year was full of surprises; not only have economies gradually recovered from a global pandemic, but it also pushed us to re-imagine the way we live. Especially in the job market, “Quiet hiring”, “Big resignation”, and “Quiet firing”, etc., caught the headlines, the unprecedented rate of digitisation and innovation opened up many […]
Hiring Contract Workers: A report by Spectrum Talent Management, a one-stop solution for global-local human talent management, reveals that around 50% of Indian firms are leaning towards contract hiring due to the expected downward market slump amidst mass layoffs. Businesses do not have the bandwidth to increase their fixed costs by hiring FTEs. The current […]
Individuals who “career cushion” normally try to establish a contingency plan and improve their employability in case they are made redundant amid uncertain economic times. First, it was the Great Resignation, then it was moonlighting and quiet quitting. A new trend is sweeping across workplaces around the world called career cushioning. And, just like its […]
Mr. Sidharth Agarwal, Director, Spectrum Talent Management, shares his pre-budget expectations in the HR industry that were featured in SightsIn Plus, a monthly HR magazine, along with those of other industry players. The Indian Budget, officially known as the Union Budget of India, is an annual financial statement presented by the Government of India. It […]
The year 2022 will always be known as the “Rebound Year” where businesses globally embarked on their journey to recovery after two years of Covid hiatus. With both employers and employees changing priorities, the traditional workplace does not seem to exist. In a major announcement, Google and Twitter extended the work from home option indefinitely […]
Rage-applying means sending out your resume to quite a few companies in an attempt to quickly find a new job with a hefty pay hike to get back at unfair bosses. And TikTok may have something to do with this trend. While some experts feel this is nothing new, others suggest that angry employees need […]
The Indian recruitment industry is poised to garner positive outcomes with some key developments this year, as per a report by Spectrum Talent Management, a one-stop solution for global and local human talent management. The report reveals a series of exciting hiring insights in the recruitment sector. It states that the hiring momentum in Quarter […]
Cheers to the start of a long and successful partnership between Spectrum Talent Management and WNS Global! WNS Limited is a leading global Business Process Management (BPM) company headquartered in Mumbai, India. With 60 delivery centers spanning 4 continents and operations in 13 countries, we serve over 400 clients with a workforce of 59,755 employees. […]
Contract staffing has emerged as a viable short-term staffing solution for businesses as 50% Indian firms are willing to adopt the formula though it is not a long-term fix for the slowdown, it definitely settles the situation, says a new report. The fear of market downside is weighing heavily on the minds of Indian firm […]
