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Global capability centres go big on hiring gig employees

India s multinational hubs are increasingly turning to hiring contingent workers to meet immediate talent needs while remaining cautious about permanent recruitment due to a bearish global outlook. There has been a significant rise in demand for gig employees in the last six months, with an expected increase of up to 70,000 gig workers in the next six months. This trend allows companies to create a balanced workforce that is agile and cost-effective, with access to specialized skills. ....

Krishna Vij , Yeshab Giri , Rohan Lobo , Operational Talent Solutions At Randstad India , Operational Talent Solutions ,

Hiring by global capability centres in India slows amid western disturbances

Mumbai s GCC hiring in India slowed down in FY24, impacted by global uncertainties. Despite high attrition and talent demand, centers took a cautious approach. Experts attributed the slump to a cautious approach by companies since 2023 amid multiple global headwinds - inflation, geopolitical conflict, supply side challenges and high interest rates. Xpheno data show that with 16-18% average attrition, GCCs in FY24 had a gross talent demand for over 250,000 people. ....

United States , Arindam Sen , Rohan Lobo , Kedar Pathak , British Telecom , Wells Fargo , American Express , Grant Thornton , Great Resignation , Great Realignment , Rishi Jhunjhunwala , Global Capability Centres , Us Federal Reserve , Iifl Securities ,