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highest attrition rate: Attrition for MBA campus talent highest across degrees; employee turnover among campus hires drops in 2023 vs 2022, survey shows

A survey by Deloitte has revealed that the attrition rate among MBA graduates hired directly from campus was the highest across disciplines in 2023, with the highest one-year (40%) and two-year (38%) attrition rates. Infant attrition was the highest among Graduate in Management (BBA / BCom /others) degree holders, with 33% of fresh hires leaving organisations in less than a year of joining. However, the survey showed a reduction in attrition rates from 2022, with MBA hires from Top-10 and Tier-1 colleges attriting at 24% (infant), 40% (one-year), and 38% (two-year) in 2023.

Why senior managers walk on eggshells around Gen Z at the workplace

It is Millennial vs Gen Z at many companies. With their basic needs taken care of, GenZers are perceived to have a sense of entitlement when it comes to adhering to policies, processes and standards. Middle and senior managers are struggling to cope with new-age attitudes towards work.

talent acquisition programme: Axis Bank to groom LGBTQIA+ talent for careers in banking

Axis Bank has introduced the ‘ARISE ComeAsYouAre talent acquisition programme to recruit individuals from the LGBTQIA+ community across India for careers in banking. The initiative focuses on skills-based hiring, offering equal opportunities to fresh graduates and professionals up to 5 years of experience. The bank emphasizes diversity, equity, and inclusion, aiming to foster innovation and leverage talent diversity. This follows Axis Bank's previous efforts to support the LGBTQIA+ community, including offering joint accounts and insurance products.

Nextech 2024: Exploring Human Empowerment and Tech Revolution

Ankit Aggarwal, CEO of Unstop, emphasizes the transformative shift in hiring and talent landscape at Nextech HR Summit India 2024. The summit highligh

Economic Times Announces Nextech HR Summit India 2024, Exploring Human Empowerment And Tech Revolution

Placement blues fade at IIMs as recruiters troop in

According to the placement teams in IIMs at Ahmedabad, Ranchi, Udaipur, Indore and Shillong, companies from FMCG, consulting and banking sectors have offered compensation and joining bonuses almost on par with last year

Axis, ICICI go slow on hiring, HDFC Bank pushing ahead

Private-sector banks like Axis Bank and ICICI Bank are slowing their hiring pace as they near optimal manpower levels. Attrition rates have decreased and the demand for young workers with digital skills has subsided.

salary: Sharper differentiation for key talent amid drive towards a high performance culture

A recent survey by Deloitte showed that attrition for India Inc. dropped to 17% in 2023 compared with 19.7% in 2022. However, key talent attrition continues to be between 1.5-1.7 times of overall attrition, indicating that there are enough opportunities even in a tighter job market.

MBA Placement & Demand Conundrum: These Specialised Skills More In Demand Now Than MBAs

ICICI Bank Foresees Record Fundraising Aims For 30 New Recruits - BW Businessworld

The recruitment drive spans from associate to executive vice president levels, contributing to an expected increase in ICICI Securities' headcount to 190 employees, , icici bank, New Recruits