Watch Everest Group Practice Director Sailesh Hota in this upcoming webinar as he explores the next era of RPO and the future of talent acquisition with fellow industry experts.

Join the interactive event to discuss:

• The evolution of talent acquisition: See how RPO is adapting by transforming from outsourcing to orchestration
• Discover the AGILE framework: Learn its application within RPO 5.0 and how it drives flexibility and efficiency
• Find the value of RPO 5.0: Look at practical examples of successful implementations and their impact

Speakers

Sailesh Hota
Practice Director, Everest Group

Nicola Hancock
Chief Growth Officer, AMS

Jo-Ann Feely
Chief Innovation Officer, AMS

Join Everest Group Practice Director Lokesh Goyal alongside industry experts as they explore the emerging global talent acquisition and procurement trends set to shape the industry landscape in 2025.

Join this engaging event to explore:

• Employer value propositions – from globalization to “glocalization”
• Focus on early careers and emerging markets
• Capitalizing on the newest technology and AI
• Forming strategic talent acquisition partnerships to maximize scalability

Speakers

Lokesh Goyal
Practice Director, Everest Group

Jeff Bettinger
Chief Administrative Officer, Hudson RPO

We are now in a broad labor shift. And it is not just because of the Great Resignation (or Great Reshuffle) where millions of people resigned from their jobs after the COVID-19 pandemic. The current talent shortage is acute in STEM skills such as engineering, data management, and analytics; but it also includes shortages of blue-collar and white-collar workers such as truck drivers, call center agents, and manufacturing skills. And it will get much worse. Companies must take a more systematic approach and build mechanisms for hiring now so they can succeed despite this challenge.

Join Everest Group Practice Director Sailesh Hota as he joins a panel of experts to discuss the transformative changes shaping workforce management in today’s evolving talent landscape. Gain actionable insights on integrating data, optimizing workforce composition, and promoting internal mobility to drive success in a dynamic global economy.

Register

In this webinar, you’ll learn how to:

• Unlock the power of total talent: learn how to integrate all talent sources (permanent, contingent, gig) for maximum flexibility and cost-efficiency
• Navigate the talent landscape: understand the key shifts shaping the talent market, including demographics, technology and global trends
• Future-proof your workforce: develop a strategic talent strategy that addresses current challenges and positions your organization for success
• Optimize workforce planning: master best practices for talent acquisition, development and retention in a competitive environment

Register

Sailesh Hota
Practice Director, Everest Group
Jonathan Berlan
Head of Talent Acquisition and Internal Mobility, UCB
Joost Heins
Global Head of Talent Intelligence, Randstad Enterprise

Information technology companies are back on the college campus for bulk hiring with employee utilization reaching high levels; project signing, picking up, and onboarding started in a major way for the freshers who were given offer letters in the last couple of years. As a result, for the first time in the last two years, all four IT companies – Tata Consultancy Services, Cognizant, Infosys, and Wipro – have shown positive net employee hiring in the September quarter.

Yugal Joshi, Partner, Everest Group, says that these firms have pushed out their graduate requirements for quite some time now, so, this initiative does not come as a surprise.

The current demand environment continues to be uncertain, and this hiring should not be construed as a material change in demand. These graduates will join next year, and by then, more clarity will have emerged. As the demand has struggled, CFOs are being asked to drive more profitability, and therefore, they need to expand the pyramid further.

“If the demand environment improves, it will also enhance employability of people and therefore, these firms may be expecting higher attrition. They need such graduates to manage attrition spikes,” he said.

Read more at: The Hindu

Ahead of his session at UNLEASH World in mid-October, we sat down with Sharath Hari, VP at Everest Group, to take an inside look at the what, the why, and the how of skills-first HR.

A major challenge facing HR leaders right now is “how can I put the right skills in the right places so that we align with business goals and contribute meaningfully to organizational objectives,” Hari tells UNLEASH.

Read more at: Unleash.AI

Everest Group has announced that the industry has met its Commitment to Action (CTA) to grow impact sourcing from 350,000 FTEs to 500,000 individuals throughout the first two years of a three-year pledge. Everest Group pledged to increase the impact sourcing workforce to US$1 million by 2030.

Rita N. Soni, Principal Analyst for Impact Sourcing and Sustainability, Everest Group, said: “The technology and tech services industries are such a source of inspiration for innovatively executing impact sourcing practices across the globe and improving the lives of millions from marginalized communities.  The added beauty of this inclusive talent strategy is that it has business benefits for employers and their clients, which is the quintessential double bottom line!”

Read more at: FutureCIO

Several major Indian information technology (IT) companies have shifted wage hikes to the third quarter of FY25 to manage costs and sustain profitability amidst a sluggish demand environment.

“So, if many employees leave, companies will be happy they are going,” said Yugal Joshi, Partner at Everest Group.

However, the dilemma is that the options for these employees are severely limited in the current job market. “Where would they go? What are the exit options? People keep switching, but at an aggregate level, there is definitely a challenge,” Joshi said.

Read more at: Money Control

In today’s episode, Yugal Joshi, Partner at Everest Group, talks about how the world of tech services is changing rapidly. The expectation is that what was manual, and time-consuming yesterday should be codified and efficient today. Value is to be had at incrementally higher levels of abstraction and outcomes will matter much more than the tech under the hood. The broader message is that the days of sheer human driven tech services are fast numbered.

Read and hear more at: Forbes India

Major Indian IT companies are optimistic about FY25 revenue growth, with increased hiring and revised forecasts. However, Q3 may present challenges due to seasonal factors and rising wage costs impacting margins.

Everest Group CEO Peter Bendor-Samuel stated that “The growth in headcount is somewhat driven by firms positioning themselves to be able to grow, but also due to balancing out the pull-back we have seen over the last year.” Read more in mint.