Karnataka reservation: Karnataka’s job-for-locals bill: Skilling, not legislation key to meet evolving industry demands, say experts

Karnataka’s job reservation bill, which is now on hold, would pose significant challenges for businesses of all sizes, human resource experts said, adding skilling is key to equip locals to meet evolving industry demands as employment is based on merit and not domicile. HR experts believe implementing a legislation like the job-for-locals bill would pose

IT salary: Infosys, Wipro & TCS’ average salary hikes are down to single digits

After two years of double-digit salary increases, Indian IT companies are now offering single-digit hikes. For the financial year 2023-24, major firms like Infosys, TCS, and Wipro report modest raises as clients cut discretionary spending and caution increases amidst economic challenges, ToI reported. While top performers still receive substantial hikes, most employees see a moderation