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Most of India’s workforce, or 83% would like to be an entrepreneur, according to the latest Randstad Workmonitor survey.
The survey also showed that 56% of respondents are considering leaving current jobs to start their own business.
“A stable business environment, market oriented reforms like the raising of FDI caps, implementation of the GST (Goods and Services Tax), and key initiatives like Make in India and Digital India are fostering a new aspiring and ambitious Indian,” Randstad India MD & CEO Paul Dupuis said.
When broken down by age, 37% of those aged 45-54 years would like to start their own business. This is compared to the workforce in the age group of 25-34 years (72%) and 35-44 years (61%).
Meanwhile, 86% of respondents stated that the ecosystem to run a start-up was favourable in India and 84% said the Indian Government actively supports new start-ups and provides a favourable entrepreneurial climate. Approximately 76% of the workforce from India stated that they would like to work for a startup, whereas 69% indicated that they would prefer to work for a small or medium enterprise or a privately managed company.
Continue reading …Social impactGuardian sustainable businessHow can companies cut the UK’s class pay gap?Professionals from poorer families earn almost £7,000 less per year than those from wealthier ones, despite businesses claiming to act on social mobility Martin Williams@
Continue reading …A career change is best planned well in advance to coincide with a good economic climate when jobs are more plentiful, there are more opportunities than candidates and competition is lessened.
Continue reading …Although there have been diverse responses to the economic crisis in Europe, the immediate pressure to make savings and reduce public spending have led most governments to make cuts to expenditure, jobs and wages – often hastily. The wages of public sector employees have been cut in a variety of ways: Several countries have implemented […]
Continue reading …By WideWorldOfWork.com — Hard times for the unemployed in North Carolina will sooner get a lot harder. Republican North Carolina Gov. Pat McCrory signed a bill on Tuesday, Feb. 19, 2013, lowering the maximum amount the state’s jobless workers can receive in unemployment insurance benefits by 35% from $535 to $350 a week starting July […]
Continue reading …By WAYNE ELLWOOD, New Internationalist — In the eyes of the mainstream media and the high priests of the free market, Argentina just doesn’t get it. This past May, the country was savaged by the international business press for nationalizing the Spanish-owned oil company, YPF. Scarcely mentioned was the fact that Argentina’s oil and gas […]
Continue reading …In what visitors consider some of the most idyllic places in Indonesia, unemployment isn’t the problem the unemployed are the problem. If you have a college degree and are unemployed you are an “elitist” who will refuse any job involving a “unpleasant odor,” according to Bali governor Made Mangku Pastika, who is also a colonel in the General Police. He […]
Continue reading …A new study by financial services firm USAA and Military.com finds that Nassau, N.Y., is the best metro area for military retirees to start their post-service careers. The study, “Best Places for Military Retirement: Second Careers” lists the U.S. metro areas most likely to offer employment opportunities for military retirees, while maximizing military benefits and […]
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