A Deloitte survey reveals that career growth and learning are key for India's Gen Z and millennial workforce, who actively upskill and prefer hands-on experience. However, a mentorship gap exists, and many are dissatisfied with higher education's value and cost. Stress and anxiety are prevalent, highlighting the need for organizations to prioritize employee well-being.
A recent LinkedIn report reveals that while a significant 67% of Indian professionals are receptive to new job opportunities, they struggle to identify suitable job titles or industries for their search.
The Centre on Wednesday invited applications for the post of Chief Information Commissioner (CIC) in the Central Information Commission, the transparency body responsible for appeals and complaints under the Right to Information (RTI) Act. The commission is currently headed by Heeralal Samariya, who will complete his term later this year.
For professionals aiming to advance into leadership roles, a strategic marketing programme is more than just upskilling—it is about staying relevant in a market where digital and data-driven approaches are reshaping traditional marketing boundaries. Here’s how IIM-C’s Strategic Marketing for Leaders: Leveraging AI for Growth goes beyond conventional marketing education, offering an integrated approach that enables professionals to lead in an AI-first business landscape.
Senior leaders are now spending more time weighing risks and responsibilities of new roles amid a volatile business environment. Resilient demand for seasoned C-suite professionals is also working in their favour despite an overall soft job market. “For a CEO or CXO in their mid-40s, the next ten years are critical—reset years,” said D Shivakumar, former CEO at PepsiCo, and currently operating partner at Advent India.
Whether they are disgruntled with performance appraisals, or anticipating the next one, laid off, or just trying to figure out how they can align with bosses and peers — professionals are increasingly turning to astrologers and tarot readers. Although the trend encompasses the gamut, from entry level to leadership, more of mid-senior talent tends to seek counsel from crystal gazers, said experts.
India's IT sector has witnessed a surge in exports and executive salaries, but entry-level engineers from non-premium colleges face stagnant starting pay, hovering around ₹3-4 lakh annually. Oversupply of graduates and declining billing rates contribute to this disparity, while companies focus on skill-based compensation and training investments. GCCs are emerging as a potential game-changer, offering higher salaries for specialized roles.
Online upskilling courses from IITs and IIMs are gaining popularity among early-career professionals seeking industry-relevant skills. These programmes, covering AI, big data, and more, blend academic knowledge with practical application. The trend is driven by rapid technological advancements and the need for professionals to continuously update their skills to remain competitive and employable.
Indian IT firms like Infosys and Wipro have seen median salary increases of 30% since FY21, while Tech Mahindra's pay remained flat recently. Global firms Cognizant and Accenture experienced more moderate hikes. However, the growth rate of annual increments is showing a cooling trend across the industry, influenced by factors like growth and attrition.
For professionals ready to recalibrate their leadership trajectory, the IIMK Senior Management Programme (SMP) arrives at an opportune time. It’s an opportunity to level up in both relevance and resilience, blending digital fluency, especially AI literacy, with strategic decision-making skills to align leadership ambitions with the future of business. Here’s why it matters.