The future of employment has always been a major concern for people across the globe. A survey conducted by global professional services firm Aon revealed that the first half of 2022 saw an attrition rate of 20.3% in India. The particularly hard-hit IT industry alone witnessed attrition rates reaching an all-time high of 25.2%. But what led us to such high attrition rates across industries? Reports state that the primary causes for attrition were identified as…

A report titled ‘World Economic Outlook’ published by the International Monetary Fund (IMF) recently stated that the world is in a volatile period where economic, geopolitical, and ecological changes are all impacting the global outlook. And we’ve been witnessing the same in the last year. Inflation has soared to multi-decade highs, prompting rapid monetary policy tightening and squeezing household budgets, just as COVID-19-pandemic-related fiscal support is waning. As a result of the same, many low-income…

Opportunities for techies in the gig economy have observed a noteworthy growth with a 20-25% spike in demand for high-skill tech talent in 2021. In fact, specialists in these roles comprised 65% of the gig workforce at the time! Two years into the aftermath of Covid, this upward trend remains consistent as the economy gradually reels back to normalcy. India’s booming startup culture, along with rising technological advancement since the last few years have led…

Set to witness an annual growth rate of 12% by 2025, the electrical equipment industry in India is making prosperous leaps. This expansion is also going to play a key role for India to meet its target GDP growth of 8-9% in the coming years. To accelerate this growth, the electrical industry needs to align itself to newer ways of working. The gig economy is the perfect model to accommodate this fast-paced expansion. With its…