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    DEEPESH GUPTA

    Festive demand likely to fire up temporary factory hiring

    This festive season, India's manufacturing sector is projected to create around 100,000 temporary jobs. Major drivers of this increase include demand for consumer goods, automobiles, and electronics. Hiring activity is expected to rise by 15 to 20 percent across various industries. Temporary roles will be in high demand, especially within fabrication, CNC operations, and assembly lines. Companies are offering various incentives to attract and retain seasonal workers during this period.

    Food firms scramble for experienced safety professionals as demand soars

    India's food industry is currently experiencing a significant shortage of experienced food-safety professionals. Employers have reported a 94.4% increase in job postings for these roles this quarter. Many applicants lack the required operational experience, which has created a major gap in the market. The demand for food-safety professionals is expected to rise further during the festive season. This situation is causing longer hiring timelines and higher salaries in the industry.

    Hybrid funds are booming: Why some advisers prefer them while others remain cautious

    Tax efficiency and stability win some advisers over, but others fear giving up returns and control.

    Festive hiring boosts diversity as women, PwDs gain wider job opportunities

    In this festive hiring season, companies are championing diversity by expanding job opportunities, particularly for women and individuals with disabilities. This progressive shift in recruitment strategies highlights a commitment to inclusivity while catering to seasonal needs. Additionally, employers are prioritizing accessible job functions and safer environments, leading to a notable enhancement in India's temporary job market landscape.

    Rising fuel prices push gig workers towards fixed-pay, lower-cost jobs

    Gig workers are now more selective about jobs due to rising operating costs. Many are shifting to roles offering predictable earnings or lower expenses. Employers are expanding incentives and EV-linked opportunities to attract delivery workers. Job postings for electric vehicle roles and fixed-pay positions have seen significant growth. This trend indicates a move towards more sustainable gig work as a livelihood.

    Festive season hiring expected to generate up to 2.7 lakh gig jobs: Report

    India’s festive season is expected to create 2.5-2.7 lakh temporary and gig jobs, with hiring projected to rise 15-20%, Adecco India said. E-commerce, logistics, quick commerce, retail and BFSI will lead demand, with 45% coming from tier-II and III cities.

    The Economic Times
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