GENIUS CONSULTANTS REPORT

Is Trump's crypto policy opening doors for terror financing in Pakistan?
Pakistan is leveraging cryptocurrency to strengthen ties with Trump administration, amidst concerns over lax anti-money laundering enforcement and potential terror financing risks. Trump's crypto-friendly policies are opening doors for previously scrutinized figures, while Pakistan aims to align with US crypto regulations, potentially circumventing FATF and IMF scrutiny.

74 pc employees prioritise long-term benefits over bigger paychecks: Report
A recent report indicates a shift in employee priorities, with 74% favoring stronger long-term benefits over a slightly higher salary. The study, encompassing 1,139 employees, reveals that only 32% feel their current benefits adequately support their financial well-being. Flexible work options and performance-based incentives are also highly valued for their positive impact on financial stability.

American colleges know how much you're willing to pay. Here's how.
A congressional inquiry scrutinizes Ivy League tuition practices, suspecting algorithmic collusion. The real drivers are consulting firms like EAB and RNL, employing data-driven strategies pioneered by Jack Maguire at Boston College. Colleges now offer merit-based discounts, creating a complex financial aid arbitrage, prompting ethical concerns as institutions compete for affluent students.

Hiring outlook remains positive; 45 pc companies plan to recruit in FY26: Report
A recent report indicates a positive hiring outlook for the upcoming financial year, with 45% of employers planning to hire for new permanent positions. Temporary hiring is also gaining traction, while retail, e-commerce, and Q-commerce sectors are expected to lead in manpower recruitment. Organizations foresee moderate to substantial hiring growth, emphasizing the need for effective talent management strategies.

'Silent firing' on a rise with rapid technological advancement: report
Silent firing is becoming common as 10% of employers opt for layoffs due to technology. Over half of surveyed employees report exclusion and undue pressure from management. While 79% of employers prioritise upskilling, a divide remains on the reliance on AI. The impact of technology raises concerns about job relevance and employee morale.

Majority of employees think candidates partly responsible for falling prey to job scams: Report
According to a recent survey, over 75% of respondents hold job seekers partially accountable for falling victim to scams due to inadequate verification of company credentials. The survey highlights the prevalence of fake job postings and fraudulent recruitment agencies, particularly impacting sectors like IT, retail, and finance.
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Most employees feel firms should prioritise a jobseeker's overall personality, cultural fit: Report
Nearly 77% of employees advocate evaluating candidates' personalities and cultural fit alongside traditional metrics during recruitment, according to a Genius Consultants report. The survey also reveals a preference for face-to-face interviews and a shift towards long-term business outcomes over immediate metrics.
Majority of employees feel their organisations can do more to address mental health issues: report
The report is based on a survey carried out between August 5 and September 2, 2024, among 1,783 employees working across sectors.
Global capability centre industry to become catalyst for creating jobs: report
The report on GCCs and their potential impact on the Indian industrial market is based on an analysis of inputs from 1,033 professionals.The report also said that an overwhelming 94% of respondents believed that GCCs will positively influence and enhance India's overall economic output.
Edtech consolidation; GenAI chatbot hallucinations
Edtech firm Schoolnet has acquired learning app Genius Teacher for an undisclosed sum. This and more on today’s ETtech Top 5.
Hiring for new roles to take 27 pc efforts of HR professionals in FY25: Report
The report by Genius Consultants is based on a survey among 1,114 human resource professionals and C-suite executives between March 1 and April 15 this year. The report further revealed that 32 per cent of hiring is expected to be in the level of those having 4-8 years of work experience.
Hollywood Con Queen Season 1: Future episode details, release schedule and plot
As viewers have liked the captivating storyline of Hollywood Con Queen Season 1, questions have been making rounds about the episode count and release schedule for upcoming installments.
'Most people feel gig workers will overshadow traditional workforce'
An overwhelming 83 per cent of respondents believe that the gig workforce will eventually overshadow the traditional workforce, indicating a paradigm shift in the employment landscape, the report said. The report further said that 79 per cent of those interviewed view the gig workforce structure as more cost-effective and economical compared to traditional, permanent, and contractual talent, revealing potential benefits for businesses adopting gig models.
Majority of employees feel difficulty in adapting work-from-office module: Report
There is an apprehension among employees regarding the adaptation to the work-from-office module, and 69 per cent of respondents have expressed concerns about the potential challenges associated with this transition, a report by staffing solutions and HR services provider Genius Consultants said.
A large number of employees feel short nap breaks essential in today's work culture: Survey
It is essential for a healthy work culture, battling exhaustion and fatigue in daily work routines and increase efficiency and employees' well-being, said a report by staffing solutions and HR services provider Genius Consultants.
86 pc of employees feel reskilling, upskilling can help reduce unemployment: Report
Over 86 per cent of respondents feel reskilling and upskilling can reduce unemployment and help employees easily adapt to the evolving demands of the modern work environment, a report said on Saturday.The report by HR solutions provider Genius Consultants revealed that 86 per cent of employees interviewed feel reskilling and upskilling can help in reducing unemployment, however, 8 per cent disagreed saying that it will not have much effect on the current scenario.
Slowdown in mobile shipments hits hiring sentiment in sector
While exports have helped offset the impact of domestic slowdown on production and manufacturing, local sales promoter profiles are witnessing an indirect attrition as companies aren't immediately replacing people who are leaving in these roles, industry experts said. While there are no job cuts yet, that could be a possibility if shipments do not pick up, they said
77 per cent companies predict 2023-24 to have both replacements, new position hirings: Report
Around 77% of Indian companies expect to hire for both new positions and replacements in 2023-24, according to a report by HR solutions provider Genius Consultants. The southern and western regions are expected to have the highest hiring rates this financial year, according to 33.30% of participants. The average focus for experience levels during hiring was agreed to be four to seven years by 36.06% of individuals.
Over 71 per cent workers worried about potential layoffs due to market inflation: Report
According to a report by HR solutions provider Genius Consultants, 30 per cent of the respondents said that cost-cutting is the reason behind the layoffs, and 23 per cent blamed the mass economic downfall as being the reason.
What pushes employees to quiet quitting? Toxic work culture & excessive pressure, says new report
'Quiet Quitting' has also led to a new trend - Bare Minimum Mondays, says the report.
Apple may drive jobs as India put on speed dial for manufacturing
About 1,20,000 new positions may open in FY24, mostly in manufacturing; nos may rise to at least 3,00,000 by FY26.
77 pc employees think work-related stress can induce anxiety, depression: Report
The report is based on a survey among 1,380 employees from September 5 till October 15, 2022, across sectors like banking and finance, construction and engineering, education, FMCG, hospitality, HR solutions, IT, ITES and BPO, logistics and manufacturing.
68 pc of cos believe AI in HR raises overall job accuracy: Report
The report by HR solutions provider Genius Consultants is based on an online survey with over 825 organisations spread across sectors including banking and finance, construction and engineering, education, FMCG, hospitality, HR solutions, IT, ITES and BPO, logistics, manufacturing, media, oil and gas, pharma, among others.
India Inc optimistic about new job openings in FY23: Report
According to 'The 11th Hiring, Attrition and Compensation Trends Report 2022-23' by Genius Consultants, 72 per cent corporates believed that there will be vacancies opening up for new positions, while 18 per cent indicated towards replacement hiring.
Most Indian companies believe revival of MSME sector can boost rural employment: Report
The report, which is based on a survey, said most of the respondents believed that the reason behind the high unemployment rate is the lack of employment opportunities available in the areas concerned.
Donald Trump has the highest IQ. He says so himself
Watch out, Rex Tillerson, Donald Trump wants to go brain-to-brain with you.
5 ways to deal with a micromanaging boss
If you have a boss who pays too much attention to the minutest of tasks and demands progress reports too frequently, you have a micromanager on your hands.
Employers upbeat on government initiatives; hiring likely to grow up to 15 per cent in FY16: Survey
Employers plan to increase hiring activities by up to 15 pct in specific sectors such as IT, manufacturing and construction, says a survey.
Sixty per cent of workforce want job change in next 6 months: Study
60% workforce is looking to change their current job in next six months and about 58% are seeking growth from new assignment, according to a study.
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