How to Overcome Aging Workforce Issues?

As the workforce ages, companies face a dilemma because experienced and knowledgeable employees are leaving while younger talent isn't exactly ready to take over. In fact, by 2030, about 1 in 5 workers will be above 65. This isn't just about retirement but it's also about the knowledge gap, productivity, etc.

 

Here's how you can eliminate the age factor :-

1] Mentorship Programs : Pairing senior employees with young hires can be a win-win situation as young hires will bring innovation to the table while experienced players will pass on their wisdom! 

2] Flexible Roles : Design roles in such a way that it fits physical capabilities and preferences. Why lose valuable employees when you can redesign their jobs? 

3] Upskilling : Invest in training programs to keep the senior employees updated with Gen Z tech! 

The clock's ticking on workforce transformation but waiting isn't an option. 

For hiring solutions that keep your team dynamic, choose AideWiser! 

Are you prepared to handle the age crisis?  

Does a Four-Day Workweek Boost Productivity?

Who says that a workweek should last 6 days? The concept of a four day workweek is no longer a day dream but it's turning into reality! Studies reveal a 40% increase in productivity and 70% boost in employee satisfaction when companies follow a four day workweek. Imagine squeezing better results by working for lesser days! So how does this cheat code change the game? 

1] Less Time, More Focus : With a shorter week, employees avoid burnout and feel refreshed, leading to better focus and efficiency. 

2] Fewer Meetings, More Work Done : Cutting out unnecessary meetings and buffers means dedicating more time for the real work! 

3] Personal Growth : A four day workweek gives you one or two additional days to cut off from the chaotic world and explore the artist within you! 

So when is your company trying this fascinating work method? Now don't tell me, you will try it in 2050!

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Do you support a four day workweek? 

Work-Life Balance : Goodbye to long working hours!

Are you still following that outdated slavery work life? Then it's time for you to adapt to the modern methods because the flexible working lifestyle is taking over the corporate world! 

Long hours aren't a batch of honour anymore, they are the villain in your life story. With burnout at an-all time high, it's clear that chasing productivity at 12 hours working a day is pointless. According to a Deloitte survey, 94% of employees say they would benefit from flexible work options. Similarly, 62% of employees want flexible work hours, in order to manage their personal wellbeing. Less time at work means more energy to innovate and awake the artist within ourselves. 

So let's give a standing ovation for those who've ditched the boring work culture. For the rest, enjoy your 10th cup of coffee! 

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Is your job stealing your life? Express your view in the comments! 

Does Remote Work Destroy Mental Health?

Doesn't the enormous screen time during work from home scare you? Almost 67% of workers report feeling isolated, while 60% admit that the lines between personal and professional life have blurred dangerously! 

Let's dive into 3 shocking insights! 

1] Social Isolation : Apart from the daily office updates and chats, you might find yourself talking to walls, missing out the public place vibe! 

2] Work-Life Imbalance : From having lunch while attending a call to sacrificing your power nap due to workload, where's the personal space to refresh? 

3] Increased Screen Time : Open your eyes because even experts have warned that excessive screen time can have diverse prolonged effects on physical as well as mental health. 

So if you are daydreaming about your lavish work from home life, rethink your delusion! 

To have a healthy mental health, collaborate with AideWiser to get rid of the hiring headache! 

Does remote work help you or hurt you?

Pay Transparency : A threat to your privacy?

What if your salary becomes public knowledge? Welcome to the world of pay transparency, where your paycheck could become a topic of dinner conversation! As per surveys, around 20-30% employees find pay transparency concerning due to their nosy colleagues! 

Even though many experts portray pay transparency as the game changer, what about the dark side? Let's find out! 

1] Workplace Rivalry : When salaries are public, it will cause jealousy and war among colleagues, spoiling the workplace environment. 

2] Privacy Violation : Your personal financial situation is nobody's business, but with pay transparency it becomes the office's favourite gossip topic! 

3] Unfair Expectations : Since the salaries are out, the pressure of being worth your salary will become a nightmare for you! 

So let's get some filters for salaries because who would want to be a villain in the eyes of colleagues? 

Choose AideWiser for your hiring needs because we deliver worthy candidates! 

What's your take on Pay transparency : The evil? 

What are the Effects of Pay Transparency in Business?

Would you share your salary with your colleagues? Obviously no, right? Because it's as awkward as a first date that gets spoiled. 

But pay transparency is transforming things in the corporate world. According to a Payscale report, organisations with pay transparency witness 30% fewer employees quitting. Here's how pay transparency can affect your business :-

1] Boosts Trust and Morale : Knowing everyone's cards on the table, levels the playing field, promoting a transparent workplace. 

2] Reduces the Gender Pay Gap : When salaries are out in the open, it's harder to justify paying one group less. 

3] Attracts Better Talent : Clear compensation makes a great impression on the candidates, portraying the real picture. 

Yet, transparency isn't all rainbows because it might spark rivalries and civil wars. But who doesn't love a little drama? 

To keep yourself updated with the real recruitment, follow AideWiser!! 

Would you be comfortable sharing your salary at work? 

Will Rising Inflation Reset the Salary Structures?

Will your paycheck survive the inflation or will it remain as outdated as your old nokia phone? With inflation in India touching 5.49% in 2024, employees are wondering if salary structures will get an upgrade or a downgrade. 

Rising inflation is affecting everything from your daily coffee to housing costs but will the paychecks catch up with these expenses? Don't panic, hear out what the insights conclude :-

1] One in three organisations plan to provide double-digit increments in 2024.

2] Junior management employees are likely to get more benefitted. 

3] One of every two companies could pay at-target or above-target performance bonuses in 2024.

The fact is, employers will most probably just shuffle the salary structures rather than raising the base, offering employees fancier perks but no real money!! 

Choose AideWiser to keep your hiring cost in check, kicking out the inflation headache! 

Is your salary able to catch up with the inflation? Let us know in the comments! 

Why are Recruiters Struggling with Predictive Analytics?

Is predictive analytics not a recruiter's cup of tea? Why are recruiters failing in the numbers’ game? From finance to sports, every field is utilising data, so why are recruiters holding back? Decoding resumes, scanning thousands of applications, and trying to predict which candidate will stick, it's a chaos! 

As per insights, only 26% of recruiters effectively use data to forecast hiring needs. Recruiters often forget that predictive analytics doesn't replace human intuition, instead it compliments it! The real struggle lies in their hesitation to invest in the right tools and skills. They count on their guts to outperform science but it's worthless! 

So the next time you wonder, why did the dream hire slip away, remember you chose guts over data! 

Need smarter hiring decisions? Choose AideWiser. Let us help you balance analytics with a human touch.

Would you trust your guts or numbers? Mention your choice in the comments!!

Insights about the World's Largest Workforce!

India owns the title of world's largest workforce with over 500 million people actively employed. That's a massive quantity but what about the quality? 

As per the World Bank, approximately 87% of the Indian workforce lacks the skills needed for the present job market. This reality breaks heart but as the IT and services sectors boom, there’s a massive push for upskilling and reskilling, with programs like Skill India aiming to train 400 million people and more. But did the training program succeed in solving the skills crisis? Not exactly! 

To become the world's best workforce along with being the largest workforce, government schemes must focus on effective models that can bridge the skills gap and provide maximum exposure to the skills required in the job market. 

If you are planning to build the best workforce for your firm, contact AideWiser because we will serve you not only the quantity but also the quality! 

What's your take on the world's largest workforce? Share your opinions in the comments! 

What will the Workplace Look Like in 2025?

Will your office even need you in 2025? You may not be occupied by workload but how will it feel to be surrounded by machines? Let's time travel to 2025 and peep into your workplace! 

By 2025, 85 million jobs could vanish while 97 million new roles might emerge due to AI and digital transformations. Imagine, sitting in your backyard and attending a virtual meet while enjoying your hot coffee simultaneously? Well that's fascinating as virtual meeting platforms may take over, sidelining the in-person meetings and replacing the hectic offline work model. 

Get ready to experience a flexible work life offering you time to collaborate, innovate and explore! 

But are you struggling with recruitment in this futuristic chaos? Let AideWiser take over your recruitment and deliver you avengers for 2025! 

Are you ready for this type of flexible workplace? Shoot your opinions in the comments!

How Essential is Gender Equality in Recruitment?

While companies continue to preach about gender equality, do the job descriptions contradict by preferring males? In 2023, 45% of employers still admitted to gender bias in recruitment. Why is gender equality not just a need but a necessity in recruitment? 

In order to maximise the potential, talent and creativity of the team, gender equality is essential. Diversity adds layers of perspective, leading to better ideas, innovation and outcomes. According to McKinsey, companies with gender-diverse teams are 25% more likely to achieve above-average profitability. 

It's time to focus on merit, not gender. Only gender equality in recruitment can assist in producing an effective talent pool in this 21st century! 

Choose AideWiser as your recruitment partner if you wish to explore the recruitment that eliminates gender labels. 

What's one reason a gender balanced team outperforms other teams? Let us know in the comments! 

3 Best Employment Policies for Women in India!

Over the years, females have proven their essence at the workplace with their natural multitasking and pressure handling abilities along with emotional intelligence. They emerge as the captain leading the team at the workplace! So don't they deserve the needed assistance? Let's check 3 best employment policies for women in India!! 

1] Maternity Benefit (Amendment) Act, 2017 : This act extended maternity leave from 12 to 26 weeks, allowing women to balance work and family life effectively. As of 2020, nearly 60% of Indian women returned to work after maternity leave, indicating its positive impact. 

2] Equal Pay Rights : The right to equal pay ensures that women receive the same pay as men for the same tasks.

3] Skill India Initiative : Launched in 2015, this initiative aims to empower women through vocational training, enabling them to acquire skills and enhance employability.

Follow AideWiser for such insightful updates that can benefit you! 

What other schemes do you wish to have for females? Let us know in the comments! 

What's the Employment Status in India?

Economy expands, the population surges but why do so many people still find their pockets empty? Before you rush to job portals for opportunities, take a moment to explore these key insights presenting the employment status in India :-

1] Unemployment Rate : The youth unemployment rate stands at 10.2%, with 9.8% and 11% respectively for males and females. 

2] Employment Type : 57.3% of the workforce is self-employed, with 20.9% in regular salaried jobs and 21.8% are casual labourers. 

3] Employment Sectors : 45% of the workforce is employed in agriculture, 28.9% in services, 13% in construction and 11.4% in manufacturing. 

4] Labour Participation Rate (LPR) : The labour participation rate rose to 41.4% in June 2024, but unemployment in rural areas spiked to 9.3%.

5] Urban Unemployment Rate : Urban unemployment increased from 8.6% to 8.9%, making city life no picnic either.

To stay updated with such useful recruitment insights, follow AideWiser now!

How do you see the future of employment in India? Let us know in the comments! 

Why are Employers Struggling to Recruit and Retain Talent in India?

Recruiting in India today feels almost like winning a lucky draw as it has become rare, elusive, and often a game of chance. 

In reality, a staggering one-third of employers are facing serious challenges in recruiting and retaining talent. The reasons behind this alarming trend are as complex as they are numerous, pointing towards the following issues in the market :-

1] Salary Discrepancies : Candidates often seek compensation packages that outpace industry standards, leading to a mismatch between expectations and offers.

2] Declining Active Job Seekers : A decline in active job seekers, partially due to the rise of freelance work and exposure to better income sources, has reduced the talent pool.

3] Rising Inflation : This causes an increase in expenses due to which instead of staying at a company for a long term, candidates prefer to constantly look for better opportunities. 

Despite this struggle, we offer the best recruitment services at AideWiser, contact us now to capture the top talent! 

Comment solutions to this recruitment and retention struggle in India! 

Is the Space Sector Facing a Recruitment Challenge?

“Global space economy is forecast to exceed $1 trillion by 2040.”

Sounds as if the space sector will boom in the upcoming time but recruitment challenges stand as a major obstacle affecting the growth of the space sector. So is the space sector missing the right talent? Let's find out the struggle of the space sector in recruitment! 

The space sector is experiencing significant recruitment challenges, driven by the rapid growth of space exploration and innovation. According to industry reports, there's a shortage of qualified engineers, data scientists, and cybersecurity experts, crucial for space missions. Attracting new talent is hindered by a lack of space related university programs and insufficient awareness among young professionals. 

This demand portrays an urgent need for educational reforms in order to produce the future scientists! 

For such insightful recruitment updates, follow AideWiser! 

Do you think the space sector will achieve that $1 trillion milestone by 2040? Let us know in the comments! 

Top 5 Indian IT Firms to go on a talent hunt in FY25!

FY24 passed with massive layoffs but FY25 seems to bring surprises and opportunities turning into a hiring fest. Astonishingly, 5 Indian IT firms will probably go on a hiring spree, targeting the freshers! Let's dive into the details and reveal the number of freshers that will be hired by these tech giants! 

A staggering 88,000 freshers are expected to join the industry out of which, 

—) Leading the charge, TCS will onboard a whopping 40,000 freshers!! 

—) Infosys is expected to join the hiring spree by hiring around 15,000-20,000 freshers. 

—) Wipro is aiming to hire 10,000-12,000 freshers. 

—) Followed by Wipro, HCLTech and Tech Mahindra will have 10,000 and 6,000 vacancies respectively for freshers. 

The Indian tech industry will finally bounce back after a prolonged cold phase, reviving the hopes of aspiring techies! 

For such insightful recruitment updates, follow AideWiser! 

Comment the name of the company you are looking to apply for!

Is Recruitment at Agencies Becoming More Challenging?

Recruitment in agencies is like a constant puzzle! The moment you think that all the pieces are set, suddenly something happens and the entire process restarts. 

But why is recruitment at agencies becoming more challenging? We have found out 3 key factors causing this headache! 

1] High Demand : A rapid surge in the demand for top talent due to expanding organisations and industries. 

2] Candidate Expectations : The mindset of younger employees is evolving as they want a job that suits their lifestyle. 

3] Client Expectations : For specialised roles, immense demands from clients about skills and qualifications also reduce the probability of finding the right fit. 

The complexity in talent acquisition may increase the overall expense in future, creating more challenges. 

If you are struggling to hire, AideWiser can end your recruitment drought by delivering the top talent! 

Comment your views about solutions to these challenges!! 

Challenges in Hiring Freshers in the Manufacturing Industry!

“Lack of technical skills and missing soft skills shrinks the talent pool of the manufacturing industry!”

A line that will summarise the struggle of the manufacturing industry in hiring freshers. I wonder, what exactly is not working for the manufacturing sector? 

Let's quickly check out 3 key causes behind these challenges! 

1] Less Preferred Industry : As per a Deloitte research, 45% respondents have a negative perception towards the manufacturing jobs. 

2] Skill Gap : Since job training is the only way to obtain proficiency in manufacturing, the skill gap stands as a critical challenge. 

3] Lack of Experience : Many freshers lack hands-on experience with advanced machinery, automation, and other technologies critical for modern manufacturing. 

Collaborative efforts from educational institutes and industry leaders to align the educational content with real world needs can uplift the industry. 

Be it for manufacturing or any other sector, AideWiser can deliver the top talent for you! Contact us now!

How do you visualise the future of the manufacturing industry? Let us know in the comments! 

Impact of Hybrid Model on Manufacturing Industry!

Is the hybrid work model transforming the manufacturing industry? With the young talent increasingly drawn towards a flexible work lifestyle, will the manufacturing industry manage to meet these demands and secure top talent? The stats and insights will reveal the real picture! 

Unlike other sectors, manufacturing remains largely site-based due to its specific nature of work and requirement of in-person presence for operations. However, the emerging talent is mainly prioritising opportunities offering flexibility, making hybrid and remote models their top preference. On one hand, administrative and planning positions in manufacturing are predicted to enjoy the benefits of the modern work models as their tasks don't specifically require in-person presence. On the contrary, other roles may not experience the benefits due to the unsuitable nature of their work.

Offering flexibility for non-operational roles can keep companies alive in the talent market! 

For such insightful recruitment updates, follow AideWiser! 

Comment about the type of work model you prefer!! 

What Challenges Do Skill-First Approaches Have?

Skill-First Approach is becoming the priority in recruitment but what challenges about this approach concern the experts? Revealing the key challenges that stand as an obstacle in the path of this approach!! 

1] Resistance to Change : Traditional hiring practices still remain deeply entrenched in many industries. 

2] Cultural Resistance : Organisations face push back from employees reluctant to welcome this new approach due to ambiguity about its accuracy. 

3] Limited Infrastructure : At present, companies lack the required tools to accurately measure and validate skills. 

4] Bias in Skill Assessment : Technology may still cause biases due to lack of accuracy, impacting fair evaluations. 

5] Training Gaps : Upskilling efforts fail to meet the evolving demands of the workforce leading to training gaps. 

Despite these obstacles, the Skill-First hiring approach shows potential to transform recruitment by broadening the talent pool and prioritising skills to boost efficiency! 

For relevant strategies and recruitment needs, follow AideWiser! 

Comment ✅ if you see Skill-First approach as the future of recruitment!