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Our HR Solutions are designed to help unburden yourselves in dealing with resource management challenges.
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shows disturbing effects on workers and millions of businesses worldwide. Between April-June 2020, the world lost almost 400 million full-time jobs due to the pandemic, according to the International Labor Organization. Industry estimates showed that 10.8 million jobs have been lost across sectors since the March 25 lockdown in India. The outlook of the job market has taken a hit. The overall payroll services market has got impacted as contract workers are on the frontline of being fired. Hospitality and Retail sectors are at the fore front of bearing the brunt of the pandemic as it resulted into an unprecedented lockdown of operations. While certain sectors took a hit, the lockdown also boosted the e-commerce sector. The pandemic has rendered a great favour to the E- Commerce business community by offering them great business opportunities.According to industry insiders and analysts, the market opportunities for online commerce in the country are expected to touch $200 billion by 2028 from $30 billion in 2018. People are buying even the most low ticket or basic stuff online which is helping the e-commerce sector create job opportunities for various profiles in their warehouses. Even the last mile job profile is on the rise as there is a shortage of delivery executives in the market due to the increase in the orders. As per a recent survey conducted by a staffing firm, Indian employers report cautious hiring plans for the final quarter of 2020. This is going to have a direct impact on the staffing companies as there is a lot of business which usually comes around the festive season in India which begins from August and lasts till December. While things have started to unlock slowly and the government is taking all the measures to bring back the economy, it was going to certainly take time. VOLUME - 10, ISSUE - 04, 2020
Ashish Talwar Managing Director
How necessary do you think it is to align business with the latest technology? Digital transformation is no longer a future state, or something to reconsider for the next fiscal year, it’s an initiative that needs to be woven into the very fabric of an organization. Successful digital transformation is not just about technology; it’s about transforming the way you do business and manage your workforce from the ground up. The impact of technology on organizations of every size and sector is infinite, and we know the pace of disruption is accelerating. Organizations need to bring in innovation, agility, and objectivity through technology. At Weavings, we constantly innovate and come up with solutions that match every evolving technological disruptions happening in the staffing industry. From assessment solutions to complete Human Resources Information System, we provide completely configurable digital workforce solutions to our clients. Today, when most of the organisations are working from home, it has become imperative for organisation to adapt to the new ways of doing business and managing a large workforce remotely. INSIGHTS SUCCESS | 19
