Office Buzz

Tech is best at attracting talent

Who are the top attractors of job candidates? LinkedIn has released its list of top companies for 2017, and tech firms are the most popular, both in the US and India. In the US, the top five companies are Alphabet (Google), Amazon, Facebook, Salesforce and Uber. In India, it’s Flipkart, Amazon, KPMG, One97 Communications (Paytm) and Ola. A few surprises there, given that Uber has come in for adverse publicity recently over its discriminatory practices, and Flipkart has been witnessing an exodus of top talent. Perhaps it’s time to do a Top Retainers list.

Don’t ask salary history

From October, recruiters in New York city can no longer ask candidates what they made in their last job. A new bill introduced early this May makes it unlawful for hirers to ask an applicant’s salary history. It’s a measure that is aimed at fixing the gender pay-gap. In the US, women earn 79.6 cents for every dollar made by men. The world over, the paycheck fairness movement is gathering momentum; hopefully it will make its way to India as well.

High-growth HR Software market

Rise of the cloud and mobile deployment, increase in automation in HR processes and a growing adoption by small and medium-sized enterprises (SMEs) will help the Core HR Software Market to gain major traction in the next five years. According to a new report by Markets and Markets, the market size of Core HR Software is expected to touch $9.89 billion in 2022 from $6.47 billion in 2017 at a CAGR of 8.8 per cent. North America will be the largest market due to increased use of cloud platform and smartphone usage. Among the various sectors, governments are expected to be the largest user.

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