Monday, November 12, 2018

IKEA to create 10,000 Jobs in Maharashtra India


IKEA India, the Swedish home furnishing retailer is now planning to start its operations in Mumbai with the intentions to create 10000 jobs. IKEA plans to enter Mumbai with a large format store, city centre smaller stores and e-commerce offerings by 2019.

The 10,000 jobs will include 5,000 direct and 5,000 indirect jobs in Maharashtra alone. "The first big format store will be in Turbhe, Navi Mumbai and will employ 1000 direct co-workers and 1500 indirect co-workers for various services," stated the company's release.

The company intends to employ 50 % women at all the levels. “We are very excited to meet the many talented people of Mumbai who will bring their uniqueness to IKEA and strengthen our values. We would like to welcome all those who share our values to join us,” Anna-Carin MÃ¥nsson, Country People and Culture Manager, IKEA India said.

IKEA offers policies such as daycare facilities (DAGIS), parental leave policy, transport policy, competence development, mentoring, pension plan etc.

Thursday, November 1, 2018

New Job vacancies at RTA Dubai

Roads and Transport Authority (RTA) in Dubai is currently looking for candidates to fulfil various positions in the department.

The authority is looking for managers, technical operators, controllers, drivers, engineers, and other workers.

"Roads and Transport Authority (RTA) is the place that is offering excellent opportunities for those professionals who are keen to join one of the leading organisations of Dubai Government.

Here at RTA, we provide ample growth opportunities and the chances to make a difference in shaping Dubai's image. Our endeavour is to ensure continuous development of our staff by enhancing and developing their competencies and capabilities, with a particular focus on the recruitment and development of UAE nationals and residents," says RTA website.

Here are the details of the job openings:

Engineer
Dubai, UAE
Job Role: Engineering
Career Level: Entry Level
Job Division: Roads Maintenance

Chief Technical Supervisor
Dubai, UAE
JobRole: Transportation
CareerLevel: MidCareer/ Specialist
JobDivision: PublicTransport

Director
Dubai, UAE
JobRole: Transportation
CareerLevel: Management
JobDivision: Drivers Affairs

Manager
Dubai, UAE
Job Role: Management
Career Level: Management
Job Division: Rail Rolling Stock Maintenance

Senior Engineer
Dubai, UAE
Job Role: Customer Service and Call Center
Career Level: Mid Career/ Specialist

Saturday, October 27, 2018

HCL Technologies to hire 30,000 people this year


 HCL Technologies, India’s fourth largest IT services firm, plans to hire 25000-30000 people this year and applies for 640 H-1B visas, as it sees more customers outsource technology work and deliver services.

The company said it plans to hire more full stack engineers unlike in the past when it focused on specialisation in one development lifecycle.

“We expect that we would need anywhere between 25000-30000 people (this fiscal) for us to maintain the growth rate what we have given as guidance for the market,” Apparao V V, chief human resources officer, HCL told. He said these people would include market hires, freshers and others.

While the company has 127875 employees as on September 30; its net addition in Q2 was 3754 people.

HCL Tech has seen a surge in deal wins and that is expected to result in a higher demand for talent. It signed 17 transformational deals in areas such as digital & analytics, cloud, IoT, cybersecurity and other services.

Analysts are of the view that hiring by Indian IT services firms has started resuming in the past few months.

“Hiring has clearly improved. This is more so because the IT industry has dropped their over-cautionary stance and they have been able to rework on their business models and looking at new territories, and hence there is a certain amount of revival in hiring. It is not yet as dramatic as it used to be,” Rituparna Chakraborty, co-founder and executive vice president, TeamLease.

Meanwhile, HCL Tech has significantly reduced its dependency on H1B visas as localisation improved to nearly 65% in the US.

In a fresh bid, the Donald Trump-led administration further tightened the H1 B visa scrutiny. Last week the US General Services Administration said in a note that it was looking at a modified selection process in tune with the “Buy American and Hire American” policies of the US government.

Apparao said there been delays in H1B visa issuance resulting in reduced dependence on such visas.

“We applied for 640 H1B visas this year and got approval for nearly 400,” said Apparao, adding that “localisation is something which is inevitable for the Industry and our localisation percentage is anywhere between 65-70% in most of the places”.

In the US, HCL Tech has 17000 odd employees and nearly 64.7% of them are local. This clearly has brought down the company's dependence on H1B visa and L1 visas negligible, said the human resources head.

Friday, October 19, 2018

AQR Capital to hire 150 Highly-skilled Techies in Bengaluru


AQR Capital Management said it would hire nearly 150 highly skilled tech professionals including data scientists and quantitative engineers in Bengaluru over the next couple of years.

The US-headquartered firm, which manages multiple client-focused portfolios and invests in public equity and other instruments globally, looks to strengthen its portfolio management using the technology innovation in Bengaluru.

AQR’s assets under management stood at $226 billion as on September 30.

The company announced the launch of its engineering centre and said: “the Bengaluru team will collaborate closely with its US engineering group on the development of technology central to AQR’s research, portfolio management and trading systems”.

The Bengaluru office will be led by Chrys Kattirisetti, India Country Head, AQR.

While it will hire nearly 15 people over the next two months of this year; AQR will ramp up hiring early next year.

“We will be hiring from Indian Institute of Technology next year onwards. 40% of the total hire would be freshers. We believe engaging Bangalore’s top technology talent will fuel our ability to further develop the cutting-edge technology that underpins our investment processes,” said Neal Pawar, chief technology officer, AQR.

The company said its Bengaluru team would focus on developing and enhancing solutions primarily on a cloud-based platform, including trading systems, data and visualization tools, portfolio analytics, and micro-services to support a variety of front office platforms.

AQR will conduct specific coding tests to figure out the strength of professionals and expects the prospective employees to be hands-on in such areas.

Pawar said 10-15% of its technology work is outsourced to a Pune-based Indian IT services company, but the team at Bengaluru office would focus on proprietary technology development.