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theoutsourcer · 1 year
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Your Essential Guide to Hiring A Freelancer VS Hiring An Outsourcing Company
If you haven’t considered hiring a freelancer or hiring an outsourcing company to boost your company’s productivity and profit, then you might want to start doing so. With the skills gap continuing to receive attention and U.S. unemployment rates at some of the lowest levels since the turn of the millennium, businesses that want to tap into talent will need to learn to outsource.
Whether you’re an entrepreneur or a startup looking to get more work done at lower costs, you need to understand the difference between freelancing and outsourcing, as well as the benefits of each, to know which is a better fit for you and your goals.
The demand for app and software developers has increased steadily with the never-ending growth of the tech market. Because of this, it is not always feasible to find more high-quality local talent. Thus, businesses ranging from small start-ups to large corporations are looking for development solutions elsewhere by hiring freelancers and software outsourcing companies from all over the world to work on their projects.
Of course, like all things, there are pros and cons to hiring freelancers and hiring outsourcing companies. So, together with this article, we also made a handy comparison table at the end to help you figure out which one fits right up your alley.
Want flexibility and independence? Hire a freelancer.
According to industry studies, the worldwide freelance market is estimated to be worth $1.5 trillion and increasing at a CAGR of 15%, making freelancing one of the fastest growing trends globally. Startupbonsai provides key freelancing numbers on https://startupbonsai.com/freelance-statistics/, with a report on the Top 10 freelancing countries with amazing year on year revenue growth that includes the USA at the top with 78%, UK with 59%, Brazil with 48%, Pakistan with 47%, Ukraine with 36%, Philippines with 35%, India with 29%, Bangladesh with 27%, and Serbia with 19%. Their proliferation in various freelancing platforms allow clients to reach out to them easily, no matter what part of the world they’re in.
Freelancers are flexible, independent, and diverse. They can dedicate more time and resources to tasks as they can opt to work from home. And since they’re not hired as a full-time employee, the employer is not obliged to pay for their taxes, medical insurance, and work equipment, making them cost-effective for the business. Basically, for a highly-complex task that requires minimal supervision, hiring a freelancer is the best choice.
However, due to the independent nature of freelancing, freelancers are at liberty to take on tasks from more than one client at a time. They can be loaded with work from various clients and, in the process, misunderstand the initial goals, forget about deadlines and ask for additional working hours. Simple problems can eventually lead to mistakes in the end product or lower the product’s quality. This also poses security risks for companies that share their proprietary information or sensitive data. This could be misused, mishandled or unintentionally exposed if a freelancer is not careful.
Want expertise and access to more talent? Hire an outsourcing company.
IT outsourcing will hit about $395 billion in revenue in 2022. Statista reports that as many as 74% of IT businesses are currently outsourcing business processes and just under 60% of businesses do this to cut costs. The leader in IT outsourcing is Accenture with an outsourcing revenue of $20.1 billion. Next on the list are Cognizant Technology Solutions with revenue of $16.65 billion and Infosys whose annual revenue stands at $13.56 billion. You can read more about this via TrueList’s in-depth list of global outsourcing statistics: https://truelist.co/blog/outsourcing-statistics
Seeking services from an outsourcing company is the safest and most secure option since they are registered companies that cannot disappear, unlike freelancers. The best outsourcing companies not only have technical, creative, and administrative talent and employees that are more than well-equipped to handle all kinds of tasks at a faster rate, but they have an outstanding reputation that speaks for itself. Reliable software outsourcing companies like The Outsourcer eliminate risk and get you quality output, especially with their decade-long service in the industry.
Hiring an outsourcing company is not a one-size-fits-all solution. As you might expect, when you reach out to a third party’s services, you lose control of how tasks are being monitored and performed. When not managed properly, outsourcing can also negatively affect company culture, especially with in-house teams.
Now, if you’ve started contemplating the idea of either hiring a freelancer or hiring an outsourcing company, you should know that being well-informed about the possible gains and risks to either of these services will help companies to choose the right business strategy to build their team, improve their operations, and ultimately grow their business. At the end of the day, we all want the same thing in business: less risks and more benefits. But ultimately, the best benefit of hiring a freelancer and hiring an outsourcing company is that it gives your company a greater competitive advantage in today’s growing gig economy.
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financialsmatter · 1 year
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Squid Tentacles Encircle Great Britain
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Just when you thought things can’t get more desperate, we find Squid Tentacles encircling Great Britain. What? Squid Tentacles? Yes. In the financial world, Goldman Sachs is affectionately known as “The Squid.” And they have their tentacles into more than you can imagine. READ: “Vampire Squid Doing God’s Work in Malaysia” November 15, 2018                 “The Gospel According to Goldman Sachs (The Squid)  May 1, 2018 And on Monday another one of Goldman’s “chosen ones,” Rishi Sunak, was announced as the UK’s next Prime Minister. Sunak, 42, becomes the UK’s first Hindu prime minister and the country’s youngest in more than 200 years. How convenient for the squid. Why? Many of Sunak’s peers have speculated he is “willing to sell off the UK to his banker friends.” And not only is he the perfect choice as one of Klaus Schwab’s Boyz in power, they’re literally saying he’s a diversity hire. Lol! Nope…you can’t make this stuff up. And what’s likely to happen is he will print more money than you can imagine, saying it’s a trickle-down economy and then resign. Unfortunately, Sunak represents the Banksters…and we all know who they are. Question:  Why do so many of these (Squid groomed) Banksters infest government? Answer:  Because vultures gather around the dead and dying.   Squid Tentacles Tightening As O’Biden might say:  “Two Words…England is Screwed!” Ironically (or NOT) as the Squid Tentacles encircle Great Britain, the Rishi Sunak story has another interesting twist. His father-in-law is the founder of Infosys.   It’s an Indian information technology company that provides services to a host of Fortune 500 companies and banks. One of the company’s leading services is Finacle, a digital banking platform.   And get this… Infosys is listed as an official partner of Klaus Schwab’s World Economic Forum (WEF), which has been accused of seeking to develop the technological infrastructure to implement a global “social credit score” system. Would-Be British PM Rishi Sunak's Family Runs A China-Linked, World Economic Forum Partner Company Pushing Digital ID and Social Credit Scores. (thenationalpulse.com)   So, why does Rishi need a job in the government? He certainly doesn’t need the money, so why is he there? We must be at that stage in the financial crisis when Goldman repossess your country. And Great Britain is now Goldman's Britain. The Squid knows. And they certainly don’t want YOU to know. But we provide you with answers every month in our “…In Plain English” newsletter (HERE). What are you waiting for? Become a member of our “Free Thinkers Cub” today for less than the cost of a couple of lattes (HERE). And share this with a friend…especially if they know who “The Squid” is. They’ll thank YOU later. We’re Not Just About Finance. But we use finance to give you hope. FYI ************************************** Invest with confidence. Sincerely, James Vincent The Reverend of Finance Copyright © 2022 It's Not Just About Finance, LLC, All rights reserved. You are receiving this email because you opted in via our website. Read the full article
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dailytimesindiablog · 3 years
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Infosys has announced plans to recruit 1000 people in the United Kingdom
Infosys has announced plans to recruit 1000 people in the United Kingdom
Infosys has announced plans to recruit 1000 people in the United Kingdom Infosys has announced plans to recruit 1000 people in the United Kingdom over the next three years, demonstrating its commitment to the country’s economic recovery and development. In a press release, the company stated that new hires will be working at the cutting edge of digital innovation, including cloud computing, data…
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axis-news · 3 years
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Infosys to create 1,000 digital jobs in the UK
Infosys to create 1,000 digital jobs in the UK
Tech services and digital transformation firm Infosys said it has plans to create 1,000 digital jobs in the UK in the next three years. New hires will be working at the cutting edge of innovation in the digital space, including cloud computing, data and analytics, artificial intelligence, open source technologies and enterprise services, as per the company. Digital skills The new recruits are…
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jiiniabanerjee · 3 years
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How Sage University, Indore became most emerging University in central India.
Jinia Banerjee (intern at http://collegetips.in/ )
SAGE University, located in Indore Madhya Pradesh and established by Sagar Group of Education Society of Central India, has emerged overtime as one of the most renowned Universities not just in MP but in India. SAGE University has been established by an Act of the  State Government of Madhya Pradesh, in exerciseing  powers conferred by Sub-Section (1) of Section 28 of the Madhya Pradesh Niji Vishwavidyalaya (Sthapna avam Sanchalan) Adhiniyam, 2007, as notified by the Higher Education Department, State Government of M.P, in the Ordinary Gazette of M.P. SAGE UNIVERSITY is located at the hilltop in Indore’s lush green environment away from  the hustle & bustle of city-life,it also has a branch in Bhopal and has been ranked as the fourth best Business school, the first law school in Central India and the fourth best in Central India. SAGE University has tied up with Harvard Business School Online, Association of Certified Chartered Accountants (ACCA), UK, IIT Delhi, IIT Bombay, MHRD’s innovation cell and many more to enhance the experience of the students studying there. It has also garnered a fair amount of attention especially during the pandemic due to it being awarded as Indore’s first University that has excelled in online education. The Institute provides not only the undergraduate degree, but also other postgraduate, diploma as well as a doctorate degree in various degrees and courses. SAGE University provides a varied range of courses for the students to choose from which includes
·       Institute of Advanced Computing
·       Institute of Agricultural Sciences
·       Institute of Arts and Humanities
·       Institute of Architecture
·       Institute of Commerce
·       Institute of Design
·       Institute of Journalism and Mass Communication
·       Institute of Law and Legal Studies
·       Institute of Management Studies
·       Institute of Pharmaceutical Sciences
·       Institute of Sciences
·       Institute of Biological Sciences
·       Institute of Engineering and Technology
·       Institute of Computer Applications.
 The University organizes campus placement programs, so as to ensure the overall success of the students, various important and well-known Industries including Atos-Syntel, MindTree, VEST.Inc, PayPal, Infosys so on and hire students of the campus. In 2020, during the pandemic times itself more than 100 industries have provided the students with jobs and internships which includes R1-RCM, Amazon, Colabra, Karan Developers, Optimus, Wangoes, Asahi Glass, ICICI, Tudip, Byjus, jaro education, Canopus, Apelto electronics, Jhonson Lifts, Tata Motors, Cyber Infrastructure, CEAT Tyers, Tech Mahendra, Extra Marks, Mind lance, Inno Eye Solutions, R1-RCM, Rave Technology, Blucursor, uraan Softskills pvt.ltd, Best Peers, Eclinical, Ilead Synapse,Acavetra, Genesis, Systematrics, Enfosep, Taskus, Ktek, Ledo learning, silver link, Rave Digital, Tech Mahendra, Integrated resources, Systango, Releta Technology, Toppr, Canopus, Apalto Electronics, Impetus, Capgemini, smartData, Capital Via, Diaspark and many more.
 The University not only helps in the career wise success of the students but it also promotes cultural programs which provides them with chances to show forth their other talents and makes it a memorable experience at the SAGE University. As, the University accommodates a huge number of students from over ten different states, the campus is the biggest and most spacious amongst all of other Institutes in Madhya Pradesh which includes:
·       Spacious well-lit classrooms and auditoriums with big screens and LCD facilities including fire proof curtains and the best sound facilities.
·       The cafeteria, contains a wide variety of delicious Asian and western snacks and serves as a popular hangout spot for the students to chitchat and discuss their studies and assignments over tea and coffees.
·       Engineering labs for the students who have opted for engineering provides an open forum for experimentation and the practical application of the knowledge they learn in their classrooms. It consists of fully-equipped laboratories for Analogue and Digital Electronics, Communication Engineering, Power System, Robotics, PLC Controls, Pneumatics and Automation, Mechanical Equipment, Mechanical Workshop and as well as Materials and Testing Laboratories.
·       IT labs are also built for students from this course that include the latest PCs and workstations with Internet connection, operating systems, software suites and commercial programming software in multiple IT labs built for project work, multimedia production, software and internet programming. Wireless connection is also available throughout the campus so that internet can be accessed from anywhere by the students.
·       The library also provides a wide range of books on various subjects and papers and also photocopy facilities for the betterment of the students.
The aim of the University is to build the career of the students as well as to prepare them for the competitive world outside the campus.  It elevates the academic life of the students with the help of their top-notch faculties as well as the other facilities that they provide.
For more detailed information kindly visit  
https://sageuniversity.in/
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"Over the next three years, Infosys will seek to provide critical training and mentoring opportunities for its new hires, who will work with innovative technologies, such as cloud computing, data and analytics, artificial intelligence, and open-source, to help customers navigate their digital journeys. Our News sources confirmed this about Infosys.
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techobservor · 3 years
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Infosys eyes UK’s digital space, to hire 1,000 professionals locally in three years
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techminsolutions · 3 years
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IT giant Infosys to hire 1,000 workers in UK over the next 3 years
IT giant Infosys to hire 1,000 workers in UK over the next 3 years
IT firm Infosys on Tuesday said it plans to hire 1,000 workers in the UK over the next three years as part of efforts to support the country’s economic recovery and growth. The new hires will work in the digital space, including cloud computing, data and analytics, artificial intelligence, open source technologies and enterprise services, to support some of the world’s largest organisations…
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doonitedin · 3 years
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Infosys, Mphasis to hire 2,000 workers
Infosys, Mphasis to hire 2,000 workers
IT firms Infosys and Mphasis on Tuesday said they will create employment for about 2,000 people, while Wipro will invest GBP 16 million (about Rs 163 crore) in the UK over the next few years. The announcements were made ahead of the virtual summit between UK Prime Minister Boris Johnson and his Indian counterpart Narendra Modi on Tuesday. Infosys said it plans to hire 1,000 workers in the UK…
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newsindiaguru · 3 years
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Infosys to Hire 1,000 employees in UK; Fresh Graduates to get Chance
Infosys to Hire 1,000 employees in UK; Fresh Graduates to get Chance
इन्फोसिस ने मंगलवार को कहा कि वह देश की आर्थिक सुधार और वृद्धि का समर्थन करने के लिए अगले तीन वर्षों में यूनाइटेड किंगडम में 1,000 श्रमिकों को नियुक्त करने की योजना बना रही है। कंपनी ने कहा कि नई जगह क्लाउड कंप्यूटिंग, डेटा और एनालिटिक्स, आर्टिफिशियल इंटेलिजेंस, ओपन सोर्स टेक्नोलॉजी और एंटरप्राइज सेवाओं सहित डिजिटल स्पेस में काम करेगी। इन्फोसिस ने कहा कि यह ताजा प्रशिक्षण के लिए महत्वपूर्ण…
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ritukhatri · 4 years
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Engineering Services Outsourcing Market  Revenue to Cross USD $207.85 billion by 2024
The global engineering services outsourcing (ESO) market has the potential to grow by $207.85 billion during 2020-2024, and the market’s growth momentum will accelerate throughout the forecast period because of the steady increase in year-over-year growth.
Know more: https://www.technavio.com/talk-to-us?report=IRTNTR40539&type=sample&src=report
This report provides a detailed analysis of the market by sourcing (offshore and onshore), end-user (automotive, consumer electronics, telecom, semiconductor, aerospace, medical devices, construction, and others), and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Accenture, Altair Engineering, Inc., Alten GmbH, Aricent Group, HCL Technologies, Infosys, RLE International Group, TCS, Tech Mahindra Ltd., and Wipro.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of engineering services outsourcing market
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Market Competitive Analysis
The engineering services outsourcing market is fragmented. Engineering service providers are increasingly collaborating with customer organizations for product development and risk-sharing. The rising adoption of automation and machine learning algorithms will aid market vendors in reducing time to market and operation costs. Accenture, Altair Engineering, Inc., and Alten GmbH are some of the major market participants. Although the accelerating growth momentum will offer immense growth opportunities, the risk of intellectual property theft and misuse will challenge the growth of the market participants. To increase their engineering services outsourcing market share, companies should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this engineering services outsourcing market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this engineering services outsourcing market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading engineering services outsourcing companies, including:
Accenture
Altair Engineering, Inc.
Alten GmbH
Aricent Group
HCL Technologies
Infosys
RLE International Group
TCS
Tech Mahindra Ltd.
Wipro
Engineering Services Outsourcing Market: Segmentation by Region
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North America is one of the largest markets for engineering services outsourcing, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing demand from the automotive sector will be a significant factor that will contribute to engineering services outsourcing market growth in this region.
Over 41% of the market’s growth will originate from North America during the forecast period. The US is an essential market for engineering services outsourcing in North America. Market growth in this region will be faster than the growth of the market in other geographies.
Engineering Services Outsourcing Market: Segmentation by Sourcing
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The cost of labor is very high in developed countries, such as the US and countries in Europe. Hence, organizations of these countries generally prefer outsourcing their engineering services to offshore destinations, such as India, Indonesia, China, Malaysia, Brazil, Bulgaria, and Mexico, which can provide favorable IP environment and highly skilled workforce at low cost. The emergence of new outsourcing destinations, such as the Philippines, Brazil, and China, providing better opportunities for customer organizations, will further boost the popularity of offshore engineering services outsourcing.
Market growth in this segment will be faster than the growth of the market in the onshore segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the engineering services outsourcing market size.
Engineering Services Outsourcing Market: Key Drivers and Trends
The cost savings from lower labor wages will be a significant factor driving the growth of the engineering services outsourcing market. The high labor cost in developed or industrialized countries is driving organizations in these countries to outsource their engineering operations to less-expensive locations. The outsourcing of engineering services will enable organizations to delegate work to a low-cost workforce and minimize costs associated with the maintenance of additional infrastructure, office space, operations, and staffing. Engineering services outsourcing gives easy and direct access to skilled talent and advanced technologies in other countries, which makes it particularly beneficial for organizations facing a shortage of labor. Moreover, outsourcing allows companies to scale operations on-demand and minimize expenses related to employee hiring and retention. These advantages are expected to boost the outsourcing of engineering services from high-cost labor countries, such as the US, Denmark, France, Germany, and the UK, to low-cost labor countries such as India, Malaysia, Thailand, and Bulgaria.
Companies are increasingly focusing on the continuous upgradation of their engineering capabilities to reduce the time to market and gain a significant advantage over their competitors in terms of pricing and brand name.
The significant time and resources required for product development is driving companies to adopt outsourced engineering services and solutions.
The engineering solutions provided by market vendors help clients to maintain product standards and service quality and accelerate time to market.
Engineering services outsourcing provides faster access to emerging markets and helps companies establish their presence ahead of their competitors.
The reduced time to market and improved access to emerging markets will positively impact engineering services outsourcing market growth during the forecast period.
During 2020-2024, the engineering services outsourcing market will grow at a CAGR of almost 23%.
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Engineering Services Outsourcing Market: Key Highlights of the Report for the Forecast Period 2020-2024
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will accelerate the growth of the ESO market during the next five years
Precise estimation of the global engineering services outsourcing market worth and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the engineering services outsourcing industry across APAC, Europe, MEA, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of engineering services outsourcing vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch
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swedna · 4 years
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With Wipro announcing to appoint Thierry Delaporte for its top post, two of the leading Bengaluru-headquartered companies will now have CEOs & MDs who were previously working with French IT services major Capgemini in leadership roles. Salil Parekh, who is presently the CEO & MD at Infosys was a member of the Group Executive Board ay Capgemini looking after the company’s UK, Asia Pacific and financial services business before joining the Bengaluru firm in January 2018.
Wipro on Friday announced that Delaporte who is Capgemini’s chief operating officer and also a member of the group executive board, would join the company as its CEO & MD, effective July 6, 2020. A French national, he would be based out of Paris. Wipro also said that since Neemuchwala would leave the company from June 1, its chairman Rishad Premji would oversee the daily operations of the firm during this interim period.
During his twenty-five year career with Capgemini, Delaporte held several leadership roles including that of chief executive officer of the global financial services strategic business unit, and head of all global service lines. His experience in overseeing Capgemini’s India operations- one of the largest delivery centres of the company- is likely to put him in good stead in managing the operations of Wipro. He has a bachelor’s degree in economy and finance from Sciences Po Paris and a Masters in Law from Sorbonne University.
“I am delighted to welcome Thierry as CEO and Managing Director of the company. Thierry has an exceptional leadership track record, strong international exposure, deep strategic expertise, a unique ability to forge long-standing client relationships, and proven experience of driving transformation and managing technological disruption. We believe that Thierry is the right person to lead Wipro in its next phase of growth,” said Rishad Premji, Chairman at Wipro Ltd. “I want to thank Abid for all that he has done for Wipro and for making this transition as smooth and seamless as possible despite his personal commitments.”
The appointment has come at a time when Wipro continues to lag its peers in driving top line growth in the past years.
In the past years, Wipro has taken many steps to realign its business operations for driving faster growth under the incumbent CEO like. While the West Asia business of the IT services firm has been restructured, Indian business has also been reorganised by carving out a separate unit for state-run public sector undertakings and government organisations from enterprise business. The IT services firm has also divested its low margin data centre business as part of its portfolio restructuring initiatives.
Despite all these measures, Wipro posted 1.7 per cent growth in its revenues from IT segment at $8.256 billion in the last financial year. So, the appointment is critical for the IT services firm to accelerate its revenue growth at a time when the industry is staring at a dip in demand owing to ongoing Covid-19 crisis.
Meanwhile, Wipro also announced the appointment of Deepak M Satwalekar, a financial services professional and former MD of HDFC Ltd, to its board of directors for five years effective July 1, 2020.
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mojob20-blog · 4 years
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Hiring for nonprofit organisations
Company Social Duty or CSR refers back to the initiatives taken by Corporates for a social trigger via constructive public relations. The social duty of corporates contains philanthropy in addition to addressing challenges of starvation, schooling, poverty alleviation and so forth. The involvement of corporates would increase consciousness among the many widespread public of the significance of philanthropy and encourage them to contribute for social causes. The corporates contributes two p.c of their revenue to Non-Governmental Organisation partnerships with the goal of aiding a social trigger which is a duty ordained by the federal government on the corporates for the advantage of the society. Hiring for nonprofit organisations
In keeping with statistics, in India, 43 per cent of kids are malnourished and 1.7 million kids are drop-outs. A lot of the kids in Authorities faculties turn into drop outs for a sq. meal. They accompany their mother and father to work locations for a meagre earnings to fulfill their starvation. To get rid of these burning points from our nation, it is vitally essential that Corporates and accountable people be part of palms with Non-Governmental Organisations in partnership to advertise starvation free schooling in authorities faculties.
The CSR alternatives made obtainable for the establishments that select to companion with nonprofit organisations are firstly; strategic philanthropy via funds, which is a strong approach to mix firm advertising objectives as a chance to extend the well-being of mankind. This will join the corporate with Non-Governmental Organisations and work for social good. Secondly, cause-marketing initiatives, which may be very helpful for patrons who go to the web site and may see the promoting and perceive the organisations initiative in making the world a greater place by supporting a social trigger. Thirdly, via occasions sponsorship which is aimed toward firm's personal workers by which they are often conscious of the corporate and may become involved. Fourthly, by getting concerned via improvements & challenge options for youngsters.
CSR alternatives encourage the corporate to make a constructive influence on the surroundings and stakeholders together with shoppers, workers, traders and so on. The CSR advantages the staff in making a constructive work place surroundings in addition to instil a robust tradition of company social duty inside each worker. The workers can develop professionally and personally when firms have a tradition of company social duty. They are going to be motivated themselves for philanthropy and will likely be concerned in charitable ventures.
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Prior to now few years there have been quite a few corporates who had been related to nonprofit organisations. To call just a few are Infosys, Caterpillar, Tata, Cisco, Deutsche Financial institution, Thought Mobile, and Amazon.
Non-profit fundraising is a really satisfying however a reasonably troublesome process to carry out. There was a time when solely well-known philanthropic organisations just like the YMCA would have interaction in fund elevating however these days, non-public organisations together with teams of people additionally carry out fundraising actions. The strategy of fundraising has additionally modified from what it was earlier. As a substitute of instantly asking for donations fundraisers now use strategies which might be way more modern.
Strategies of fundraising within the late twentieth century included fundraising dinners and luncheons however these fundraising occasions couldn't maintain themselves. These days, individuals use a extra oblique approach of elevating funds. A highly regarded approach of nonprofit fundraising within the twenty first century is thru the gross sales method. As a substitute of instantly asking individuals for cash, fundraising schemes these days try and promote merchandise for a revenue. The success of the fundraiser is dependent upon the revenue made.
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Contemplating the technological development of our age, it could be not possible for fundraising actions to not enter into our on-line world. Know-how has helped within the growth of software program that permits on-line fundraising. It's doable to organise a fund elevating gross sales occasion on-line. Contemplating the growing variety of Web customers, it could be foolish to not have fund elevating actions on-line. One may also simply inform different individuals who is likely to be excited about a fundraising occasion via e-mails.
There are numerous web sites, which might help you organise a nonprofit fundraising occasion. Fundraisers are of various varieties and it is best to select one based on the kind of trigger and the group you cater to. You will need to have particular objectives and targets once you put together for a fundraiser. Such web sites usually provide fundraiser concepts and fundraiser merchandise on their web site. Most fund elevating web sites provide a contact quantity if the web site fails to reply your queries.
The assorted modern fundraising methods embrace such strategies like promoting reusable reward luggage and aluminium can drive. Usually individuals increase funds for a trigger, for example individuals might get collectively to lift fund for Earth day through which they cannot solely earn a living by promoting reusable reward luggage and aluminium can drive however increase environmental points via their merchandise as nicely.
Fundraising is an important for non-profit organisations. The survival of charitable organisations or trigger relies upon upon the funds they increase. It could be not possible for them to hold on with their good work if they didn't have sufficient funds to help them of their trigger. As one appears to be like up the Web for any required data, one may also search for the Web for recommendations on organising fund elevating occasions.
Related Links:
https://blog.mojob.io/recruiting/what-is-recruitment-automation-software/ https://blog.mojob.io/recruiting/hiring-for-facility-management/
Current analysis within the US and UK has proven vital shortfalls in financial savings ranges, significantly amongst younger individuals. In 2005 the US financial savings price sank to -Zero.5% which meant that individuals had been spending greater than they earned. They did this mainly by drawing on fairness from their mortgage. While monetary administration is just not an apparent difficulty for organizations, poor 'monetary well being' of workers can result in worker turnover, stress associated sickness, absenteeism and poor efficiency. Nevertheless, there are some apparent steps organizations can take to enhance the monetary well being of their workers in addition to much less apparent steps to create a workforce that's financially astute, commercially engaged and accountable.
Why are financial savings slowing?
Poor returns - One purpose for the slowdown within the 401(ok)/pension contribution price is likely to be the lackluster inventory market. The Customary & Poor's 500 index gained a mean of simply Zero.four% the previous 5 years, lower than inflation. Returns within the UK have been higher in recent times however dire warnings concerning the inadequacy of our pension preparations solely serve to place off potential savers - why ought to we hassle once we know it is not going to work anyway.
Free spending - Bank cards are extra available and younger individuals, particularly are focused. A 2001 report discovered that two-thirds of all People who maintain at the very least one bank card carry ahead a month-to-month steadiness and the typical family bank card steadiness is $eight,488.
Sluggish money stream - Family money stream is not flowing in a short time nowadays, so it is more durable to save lots of. Disposable earnings did develop four.2% in 2005. However the shopper value index, which measures inflation, grew three.5%, eroding most of that acquire. And, based on a survey the Federal Reserve does each three years, common family earnings, adjusted for inflation, fell 2.three% from 2001 to 2004.
However the greatest purpose for our poor financial savings price is that individuals have been borrowing towards belongings -- primarily our houses -- to get our palms on spending cash.
What ought to organizations do?
It's estimated that 15% of employees within the US are presently experiencing stress from monetary issues to such an extent that it negatively impacts their productiveness. For companies this interprets to a mean greenback lack of $600 per worker per yr.
By providing monetary planning and debt planning help, employers could make a constructive influence on their worker's at work efficiency.
Monetary planning - Impartial monetary advisors can present a common overview of a person's choices on a one-time foundation or might help people develop a complete technique geared to an individual's particular monetary objectives and goals. By understanding the complete extent of the rewards and advantages programme, an worker is extra prone to respect the advantages on provide and contribute and turn into a 'member' of the group via pension schemes, for example.
Debt discount -Debt administration organizations, typically working as a part of a nonprofit community, will assist consolidate money owed and establish a simplified methodology of repaying payments that have gotten out of hand. These organizations may also act as a 3rd celebration to take care of significantly troublesome points which leaves the worker free to focus on work reasonably than their monetary issues
Creating a financially conscious group
Past monetary administration and debt discount counseling, organizations can take a extra proactive method to managing the monetary well being of their workers. While there are a whole bunch of self assist books aimed toward producing instantaneous wealth for motivated people (together with methods to purchase homes on bank cards!), few of those are particularly focused at workers or employers. Organisations wishing to draw and retain accountable, energetic and financially astute workers, would do nicely to be taught concerning the strategies and abilities outlined in a few of the extra respected books and tailor them to their very own environments. These may take the type of:-
networking groupswhich carry like minded people collectively over lunch time or after work to debate funding alternatives funding golf equipment that widen funding alternatives for people growth programmes which have a look at our angle to danger and wealth monetary wealth programmes which train people to handle their very own wealth by understanding such areas as 'passive earnings', belongings, liabilities reward schemes instantly linked to share efficiency, value discount, concepts era - whichever is most acceptable to the person in query Such initiatives will assist retain a company's most gifted workers and can create a tradition which is entrepreneurial, collaborative and accountable.
Related Topics:
Screening and interviewing nurses using video Hiring construction workers
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engineerbabuinc · 4 years
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How to Set Up an Offshore Development Center in India?
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Are you a technology firm looking forward to expand and focus on the global market with an offshore development center? You definitely must have come across the saying for young and ambitious people that “West is Best”.
It’s very confusing to decide whether or not to go for an offshore development center when majority of the people believe that California is the place for entrepreneurs to begin at. Especially those working in technology, seeking funding and network connections.
But are you for some reason, not able to start in the Silicon Valley?
For any business, growth and scalability are essential. If you’re an entrepreneur in IT, always take this fact as a given that you might have to expand your team in the near future. And expanding your team is a costly yet inevitable venture. The challenges of finding economically feasible options in the Valley are well known in the industry.
An offshore development center in India is the right solution for you! It completely makes sense for you to explore the options for hiring the right group of software developers and experts
Is India a Right Destination for an Offshore Development Center?
Did you know that there are 25 unicorns in India so far,  where 15 have been from 2018 alone! The list includes Zomato, Shopclues, Udaan, Swiggy, OYO, Paytm Mall, Freshworks, Billdesk, Byju’s, Ola Cabs, PolicyBazaar and more.
It’s not a secret that Indian Developers work at a fraction of salary as compared to counterparts from other parts of the world. It’s a pretty huge country with a massive young population that has IT professionals and Computer Science majors in abundance.
More than 50% of the Indian developers are working on a yearly salary of less than $10,000.
We found some really interesting stats about the average annual salary of Developers in India:
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2.5 times lesser than that of developers all over the world,
5 times lesser than the average salary in the US,
4 times lesser than the average salary in the UK,     and
3 times lesser than the average salary in Germany.
How important is Customer Satisfaction in the Indian Information Technology (IT) Service Industry?
Imagine getting a cake baked for your Boss’s birthday and the baker messing up with what goes up on it. A bad code is exactly like that. You cannot risk writing a bad code. Web/app development requires immense attention in managing operations and resources. Every customer is very particular about what problems their IT solution/product would be catering to.
A lot of Indian IT firms keep customer satisfaction as their utmost priority. And it shows in the various practices they’ve implemented in their working culture. India hosts a huge pool of talented developers who offer budget-friendly solutions. While looking for somebody from India, time-zones and communication will not become an issue. Along with a tailor-made hiring process, you get 24*7 support and a highly productive team.
How efficient are Indian Developers?
The pricing is not the only deciding factor for hiring developers. Specially for setting up an offshore development center! If you want to hire, your first priority is somebody who knows how to write a good code.
There’s plenty of myths around Indian developers. But the truth is that the Indian job market for junior developer roles is incredibly crowded. They are no doubt paid lesser than the more experienced roles, but it makes them competitive for entry-level jobs.
What it takes is the right people. If you could get the right ten thousand people to move from Silicon Valley to Buffalo, Buffalo would become Silicon Valley.
–Paul Graham (Founder, Y Combinator)
A domain matters a lot when it comes to app/web development. Domain specialty increases the success rate exponentially. Teams holding expertise in developing social media websites will not deliver the same results for developing an e-commerce portal. Just look for the right team to outsource your project, and you will not be disappointed.
Introducing you to the commercial capital of Central India, Indore
The Silicon Valley of Central India 
Everybody across the globe knows that Bangalore is the Silicon Valley of India. But Indore is catching up to the startup culture at its slow, but steady speed. It is still in its development stage. So if you are planning to set up an offshore development center in Indore, this is the best time for it.
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When we think of Tier-2 cities as a potential market, Indore is a little different from all the others.
According to market research platform Tracxn, Indore has 461 tech startups! This list includes WittyFeed and ShopKirana.
The latter recently got a funding worth $10 million in Series B Funding. Prior to this round, the company had raised $2.1 Mn. The fresh funds will be used to expand the company’s presence in major Tier 2 cities.
As per India’s first ever ‘Ease of Living‘ index, Indore ranks 8th on the list of Top Ten Livable Cities. Indore also stood on the position 5th in identify and culture, 8th in health, 4th in economy and employment and 7th in power supply categories. (Source)
Good Connectivity, Educational and Employment Opportunities:
Access to a good startup ecosystem, talent, presence of venture capitalists and financial institutions are a must for making a city a Startup Capital. Indore has been witnessing a massive growth in every sector- be it educational or commercial.
The Tier-2 city has great road, rail and air connectivity. City boasts of its International Airport and Super Corridor: a 250 ft wide connecting the airport to the city. This road is a budding place for MNCs and companies like TCS and Infosys. Also, the Delhi-Mumbai Industrial Corridor is nearby. Impetus, Yash Technologies, CSC and Infobeans already have a presence in Indore.
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The market is dynamic and almost all inexpensive to international brands already have ventured here, which is a plus point. Force Motors, M&M, Cipla, Lupin, Glenmark, Bridgestone, Volvo, Eicher Motors, and various other brands are operating in Indore.
Also, Indore is the only city in India that has both IIM and IIT. Along with that, there’s SGSITS, NMIMS and various reputed B-schools as well.
There’s literally next to no traffic jams!
Unlike Bangalore, Indore doesn’t face the issue of traffic clogged streets and roads. It will not take you more than an hour to travel from any given point of Indore to the other!
It’s true. Indorians really do love their jobs! 
The inter-city travel is extremely convenient and affordable because of the iBus service. It’s a government-funded service and all the buses are operated by a semi-government agency AICTSL. In addition to that, several local transport startups like Ola Cabs, Uber, Jugnoo, etc also operate in the city.
How to set up an Offshore Development Center in Indore?
Building and managing a tech team is cumbersome. Founders usually end up wasting a lot of time, effort and money. Offshoring a development process simply means, relocating the part of business to some other place. There are several IT companies in India facilitating the same. However, as mentioned earlier, you have to be very careful when choosing one for your project.
EngineerBabu, Indore 
EngineerBabu is an IT services company based in Indore, specialized in building MVP (Minimum Viable Product) for startups and enterprises. With our extremely innovative, dedicated & experienced team of 50+ geeks, we have developed robust & scalable solutions that help our clients to overcome their technical hurdles, and launch amazing products and services.
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In the last 5 years, we have worked with more than 700 startups, and many of them have got massive funding (including latest $30MN in Bankopen). We are a profitable startup making a $70,000 monthly recurring revenue!
Two of our clients’ products have been selected in Y-combinator and MIT DeltaV. Also, Harvard Innovation Lab Startups are also a part of our portfolio.
Our clients include reputed brands like Samsung, YourStory, FrankGreen, IBM, BankOpen, Honeywell, Uber and HSBC bank, to name a few. Profitable startups like ZoomCar, Ondoor, Justride, MaalGaadi, Thrillophilia, Tooreest, Jokaamo, etc are some others. We have developed mobile apps for several other sectors like- Grocery Delivery, EduTech, Business Networking, FinTech, Service Providers, etc. Check out our complete portfolio here.
Pros of setting up an Offshore Development Center with EngineerBabu
We are very particular about thorough assessment of all candidates to take skills assessment tests. We do this to ensure that we’re hiring the best. And when you hire our development teams, they will be 100% dedicated to you and the project. It means that you’ll be in control of the team and product, till you get the desired results.
Just decide when to reduce or increase the size of the development team. All we’ll need from you is a 30 days notice. Our team’s schedule will always be in sync with your schedule. And each employee gets assessed for english language fluency for effective communication with you and your team. No more headache about the offshore development team not being aligned to your process and workflow!
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We have been featured by YourStory for having a great culture! We don’t have any designated chairs for our employees, and neither does the boss!
A beautiful office where our employees are happy. Without worrying about anything, they just focus on creating the best products for you!
We provide every team member with laptops, fiber internet, and all the necessary tools and equipment to effectively do the job.
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Also, in case you need to make a visit personally, we will be taking care of all the accommodation arrangements for you. We will take care of all the legal hassles. And you don’t have to worry about signing long term contracts with us. Everything is going to be mutually discussed and agreed upon!
Events and Initiatives at EngineerBabu:
We are known for running a conventional business in very unconventional ways. We keep hosting and organizing learning Saturdays and more such events for our employees on weekends regularly. They’re even open to outsiders with nominal or no charges.
Here’s the pictures of the most recent event hosted at EngineerBabu: “Startup Weekend Indore“.
So much happens in just 54 hours! It was a great concept that helped budding entrepreneurs to know the realities of the startup world before starting up. There were winners as young as students from Class XII! A lot of innovation and good ideas came out of the that lasted for just 54 hours- One weekend! 
Do you have any prior experience working with offshore development centers based in India? Let us know how was your experience, and what could’ve made the process even smoother for you and your team.
We hope this was worth value to you in helping you decide about the pros and cons of an offshore development center in India. If there’s any further queries, you can drop a comment in the comment section below. You can also simply shoot an email to us at [email protected].
Still not convinced about setting up your offshore development center in India? Don’t worry. We’re just one click away!
Talk to Us
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ronainsbury-blog · 7 years
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Will you find a job when you graduate?
One of the major concerns of students and employees is – will the Digital Economy mean less jobs to go around? This fear is compounded in the west by the export of many jobs to lower-wage countries - globalization.
This is a natural concern when looking at recent headlines:
“RBS moves 443 jobs to Mumbai from the UK”
“Mothercare looks to halve the number of stores”
“Will the rise of AI terminate our jobs?”
Even in some of the lower-wage cost countries, jobs are being lost. IBM India recently announced that at least 5,000 jobs might go – and an IBM spokesperson explained: “re-skilling and rebalancing is an ongoing process as we accelerate the benefits of cognitive and cloud technologies for clients around the world”.
The optimist suggests that (as predicted by John Maynard Keynes) that our problem is going to be how to fill the leisure time that is going to be created by day-today jobs being filled by robots of one kind or another. Indeed, Warren Buffett praises companies that reduce staffing levels: “They have followed the standard capitalist formula ... of trying to do the same business with fewer people. People live better when there is more output per capita.” But are we living better? The pessimist points out that despite the rise in digitalization and use of robots most people are still working as hard as ever. The realist in me suggests that if everyone is going to benefit from digitalization, artificial intelligence, robotization, etc. – then we are going to need a radical change in how society functions
In the meantime, what are we (and you) going to do? One point of view suggest that in the future we will all be entrepreneurs – that will require new skills and capabilities, particularly creativity.
Perhaps the news from Infosys in India shows the way for those of you who don’t have an entrepreneurial bent. While annual hiring of full-time staff in Infosys India will be lowered to around 6,000 new employees in 2016-17. At the same time 11,000 employees had been moved from manual repetitive tasks and redeveloped them to positions requiring creativity and imagination. Infosys further claims it has retrained 140,000 of its 200,000 staff since 2014 – resulting in higher productivity, more creative positions. So clearly being able to develop new skills helps those at Infosys keep their jobs.
Have business schools kept up with changes? In a 2014 blog, “Business Schools have lost a staggering amount of credibility in the business community” two London School of Economics lecturers assert that many business schools have failed to develop curricula that satisfy the needs of employers who require a workforce that can evolve alongside a continuously changing world.” They point out that what businesses seek is: problem-solving, the ability to connect different aspects of business and think in a holistic way, and the courage to deal with uncertainty and ambiguity.
So – what skills and capabilities are you going to learn while you study for your business degree – that will prepare you for the world of tomorrow? Do you know how to learn and keep learning?
In the RBS Graduate Department we are evolving to help you with courses such as Critical Thinking (creative problem-solving) and giving you assignments such as those in International Project and Managing Corporate Sustainability that take you out of your comfort zone forcing you to work with people of different cultures with different ways of thinking and working.
We live in a VUCA world (Volatile, Uncertain, Complex, Ambiguous). To survive we are going to need to be creative and imaginative. Is your degree helping you prepare?
This blog is written by Ron Ainsbury, associate applied research professor Business Responsibility & Sustainability, Research Centre Business Innovation, Rotterdam University of Applied Sciences. 
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techobservor · 3 years
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Infosys eyes UK’s digital space, to hire 1,000 professionals locally in three years
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