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Protected: Apprenticeship for employment enhancement
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Boosting employability via better skill training
HR Heads from corporates say that students have the necessary theoretical skills but when it comes to the practical part, they lack big time. Day in and day out we hear about how graduates are unemployed. This isn’t recent news in case you’re wondering. Indian youth, college graduates with degrees from prestigious institutions are unemployed,…
Failure of Training Programs
Training has come to represent a resource sink – an area where we continue to pump time, money and effort expecting results. Training programs are an enigma. Despite the myriad of problems they face, they continue to find lakhs of rupees in investment. No person denies the need for a training program and yet no…
Addressing India’s Human Capital Hurdle
Apprenticeship schemes spell higher returns than most capital expenditure plans. They could help firms raise productivity. Employers can’t contrive their own employees because of three specific situations: learning risks (employer pays for training but candidate doesn’t get hired), productivity risks (employer pays for training, candidate gets hired, but is not productive), and attrition risks (employer…
What it takes to be a women entrepreneur!
India is and had always been a hot favorite destination for trade and business. With favorable climate, affordable amenities and a huge amount of manpower, India has become a hub for growing commerce day by day. And while it is prospering from the business front, our Indian women have left no stone unturned to make…
Skilling the youth of India & Singapore
Several plans are being worked on by both countries to build a pool of trained workforce to meet the growing demands of new age employment. In an endeavor to create a world-class workforce, the governments of both the countries – India and Singapore are taking up several measures and putting in constant efforts to upskill…
Unemployment on the rise
India’s April unemployment rate rises to 7.6%, the highest since October 2016. India’s unemployment rate in April rose to 7.6 percent, the highest since October 2016, and up from 6.71 percent in March, as per data compiled by the Centre for Monitoring Indian Economy (CMIE). While the unemployment rate in March had dipped, but it…
May Day or Judgement Day?
Will Labour Day remain significant in the next 50 years as technology unleashes the process of creative destruction? When May 1 was instituted as International Workers’ Day or May Day or Labour Day to commemorate the Haymarket affair of 1886, the idea was simple – establish the 8 hour work day as a rule, honour…
Placements – an eye opener
Every year the fresh graduates are in for a harsh reality check to their salary aspirations when they graduate from college. Salary expectations among the graduates are way out of line with what employers are willing to pay for entry-level jobs, and the gap is getting wider. And the research suggests that most employers expect…