Corporate News

Report: Indian startups reduce full-time hiring by 61%

November 18, 2022
The Wellness Tribe Team
Report: Indian startups reduce full-time staffing by 61%

India is experiencing severe hiring cutbacks, according to a recent study released on Monday, showing that permanent staff recruitment has decreased by 61 percent over the last 12 months.

From October 2021 to September 2022, data were collected from more than 25,000 Indian workers working at more than 1,000 companies in 20 different industries.

A recent report from Razorpay's business banking platform RazorpayX Payroll reveals a 1,300% decline in hiring for chief experience officers (CXOs).

Due to the changing dynamics of the startup environment, employment trends have changed significantly over the last year.

The Indian startup ecosystem has proven to be robust and adaptable despite recent challenges. Taking macro forces into consideration, entrepreneurs have formed smaller but more powerful teams to maximize their workforce. Many businesses are cutting their workforces in the midst of the financial winter.

Indian Startups Cut 61% off Permanent Hiring: Razorpay Report
Photo by Clem Onojeghuo on Unsplash

Another report from my back-of-the-envelope assessment indicates that startups and major tech firms have laid off more than 5,000 Indians in the last month. 

According to some predictions, the Indian economy is anticipated to lay off 16,000 workers by the end of 2022. It seems nobody's job is safe, not even at global behemoths like Twitter or Byju's.

Even though there was a decrease in hiring, the total wage paid to full-time employees increased by 64.7%. It was noted in the survey that the increase in income, particularly among the highest-paid professionals, is not distributed equally between the sexes.

Although employment has declined overall, technology hiring appears to have been the least affected. Technology-related occupations have managed to slightly boost their contributions to the total workforce by 4%, even though the hiring trend has generally slowed down.

A Look at the Gig Economy

It is apparent that companies prefer gig workers over permanent employees as the number of permanent employees has declined. The number of payments made to gig workers has grown by 153% since October 2021. A semi-gig worker model is now being used by 15% more businesses than it was previously.

According to the survey, the majority of semi-skilled gig workers employed by startups earn less than Rs 20,000 per month, followed by those who earn between Rs 20,000 and Rs 40,000.

Interestingly, these employees have among the weakest growth rates, averaging 26% and 52%, respectively.

Research shows that competent gig workers with earnings between Rs 85,000 and more than Rs 150,000 have experienced the fastest growth over the last year, even though they contribute the least to the overall pool.

Personal Wellbeing

The best foods for your heart — Tips from a cardiologist.

November 25, 2022
The Wellness Tribe Team
The best foods for your heart — Tips from a cardiologist.

The holidays are just around the corner, and it can be challenging to survive this hectic season; this becomes even more challenging if you are a person with diabetes. During this time of year, food and alcohol are abundant, and temptations are no doubt great, but maintaining good lifestyle habits requires daily mindfulness and preparation. 

To help you have a great party season without having to worry about heart disease, we asked a cardiologist expert to share some heart healthy food tips. 

Go Green With Your Diet

Food for your heart — Tips from a cardiologist.
Photo by Vitalii Pavlyshynets on Unsplash

The first step you can take is to increase your dietary fibre intake. Eat foods such as carrots, broccoli, whole grain cereals and grains, peas, lentils, melons, oranges, and pears. An individual fruit contains more fibre than three to four whole fruits used for making fruit juice.

Those with diabetes should avoid eating too many fruits. Choosing whole fruit and vegetables will increase your fibre intake and other nutrients. Instead, choose fruits that are low in sugar and rich in fibre, such as strawberries, oranges, sweet limes, apples, and pears.

Every meal should include a salad. You can get more nutrition by adding raw vegetables to a salad. Vegetables are a fantastic source of nutrients. In order to complete a full supper, you need a substantial amount of sprout-filled salad and vegetables. As sprouts are high in proteins and fibre, you should eat two daily servings.

Methi (fenugreek) seeds can be added to your meals. Its ingredients reduce cholesterol and are heart-healthy, making it an excellent source of soluble fibre.

In addition, people with diabetes and cardiac issues may benefit from adding raw methi seeds to curries, dals, or curd.

Let's say goodbye to salt and oil.

Let's say goodbye to salt and oil. Food for your heart — Tips from a cardiologist.
Photo by Matthijs Smit on Unsplash

We are not asking you to stop consuming oil and salt entirely but rather to limit their consumption. A daily salt intake of 5-6 grams is recommended for healthy people. However, if you have been treated for heart disease or had heart surgery, the daily salt consumption should be at most 2 grams or roughly half a teaspoon.

"The food you eat can either be the safest and most powerful form of medicine or the slowest form of poison." - Ann Wigmore 

The commercial marketplace also offers a wide variety of heart-healthy oils, including rice bran oil, mustard oil, safflower oil, sunflower oil, and groundnut oil. Using more than one cooking oil per month can provide additional benefits.

Be mindful of both quality and quantity.

Keep an eye on the amount of frying oil. It's essential to monitor the quantity of cooking oil you use, no matter what kind you use. The amount should be at most 15 ml (or three teaspoons) per day. 

You can use ghee in addition to cooking oils; however, you should not consume more than 15 ml per day. Consider taking one teaspoon of ghee and two teaspoons of oil instead of three teaspoons of oil a day.

In case you are uncertain about portions and types and want expert advice, you can approach HR at work about a corporate wellness program where an expert nutritionist will guide you through healthy heart dos and dont's.

Maintain a portion control policy. Spread your meals out over the day and consume small portions. A person who eats three full courses in one sitting may strain their heart, other organs, and stomach. 

It is best to eat six small meals throughout the day or two meals followed by pauses for breakfast, lunch, dinner, and snacks mid-afternoon snacks. In addition, simple, light foods should be served at supper. Avoid fatty and gas-producing meals at dinner, such as beans and cauliflower.

The nuttier, the better

There is no doubt that nuts are heart-healthy. Omega-3 fatty acids are essential for maintaining the health of your heart, and they supply the highest amount. The benefits of this include maintaining blood pressure, lowering cholesterol levels, lowering triglycerides, reducing inflammation, and preventing heart disease. In addition, there is a lot of PUFA in almonds and walnuts, which makes them excellent for the heart.

Consider your snack choices carefully. Incorporate light snacks such as sprouts chaat, vegetable chaat, boiling corn chaat, puffed rice (kurmura), or bhel into your menu. 

When it comes down to it, it is always a good idea to keep a close eye on your consumption and speak with a nutritionist if you are particularly mindful.

Corporate Wellbeing

The Silent Treatment: The Job Search Spiral of Ghosting

February 19, 2023
The Wellness Tribe Team
The Silent Treatment: The Job Search Spiral of Ghosting

Picture this: You’ve been searching for your dream job for months and finally found the perfect opportunity. You send in your application and wait anxiously for a response. Days turn into weeks, and your inbox remains eerily quiet. 

You start to wonder if your application was even received. You check the job posting, and it's still up, giving you hope. But as the days turn into weeks and you hear nothing back, your hope turns into frustration, anxiety, and uncertainty. You've been ghosted. Once reserved for bad dating etiquette, ghosting has infiltrated the job search process, leaving job seekers and employers trapped in a spiral of silence. 

In this article, we'll explore the negative impact of ghosting in the job search process and the reasons why it's happening. We'll also provide tips for improving communication during the hiring process and how technology can play a role in ending this frustrating trend. 

Left in Limbo

The Silent Treatment: The Job Search Spiral of Ghosting
Photo by Vlada Karpovich

The silent treatment of ghosting in the job search process is not just discourteous, but it can also have significant negative impacts. Firstly, when job seekers receive no response from potential employers, they are left feeling abandoned in the dark, wondering what they did wrong or if they are still being considered. In addition, the lack of communication can lead to frustration, anxiety, and uncertainty, making the job search process even more daunting.

Secondly, ghosting can damage an employer's reputation as potential candidates share their negative experiences with others, leading to missed opportunities for finding the right candidates. 

Lastly, the long-term impacts of ghosting can be significant for both job seekers and employers, as it can create a lack of trust and transparency in the hiring process. Therefore, it's time to acknowledge the negative impacts of ghosting and take steps to improve communication during the hiring process.

"When you ghost a candidate, you're not just losing them for this job, you're losing them for any future opportunities as well." - Jessica Merrell, Founder of Workology

Wandering Eyes

The rise of ghosting in the job search process begs the question: why is it happening? There are several potential reasons why job seekers and employers alike may be guilty of going radio silent.

Firstly, some job seekers may not be fully committed to the hiring process and may be exploring multiple opportunities at once. This can lead to disinterest in a particular role or company and a lack of motivation to follow up on the application.

On the other hand, employers may not prioritise communication with candidates or may be juggling multiple tasks and responsibilities. The result can be a lack of communication, leaving job seekers in the dark about their application status.

Another potential factor is the role of technology. With the rise of automated job search platforms and social media, communication during the job search process has become increasingly depersonalised. This can make it easier for job seekers and employers to avoid direct communication, leading to a higher likelihood of ghosting.

Regardless of the reasons behind it, the negative impact of ghosting in the job search process cannot be ignored. It's time to explore solutions for improving communication and preventing ghosting altogether.

Communication is Key

The Silent Treatment: The Job Search Spiral of Ghosting
Photo by Tima Miroshnichenko

It's clear that ghosting during the job search process is a frustrating and damaging trend for both job seekers and employers. Fortunately, there are steps that both parties can take to improve communication and prevent ghosting.

For job seekers:

  • Follow up after submitting an application to ensure it was received and express continued interest in the role.
  • Be patient and understanding but also assertive in following up on the status of the application.
  • Keep track of all applications and responses to stay organised and avoid confusion.

For employers:

  • Create a clear communication plan and stick to it, providing updates to candidates at every step of the hiring process.
  • Set realistic expectations for response time and follow through on commitments.
  • Utilise technology, such as automated responses and candidate tracking tools, to streamline communication and reduce the likelihood of ghosting.

By taking these steps, both job seekers and employers can work together to create a more positive and productive job search experience.

A Call to Action

In today's job market, ghosting has become an all-too-common occurrence. However, it doesn't have to be this way. By understanding the negative impact of ghosting and taking proactive steps to improve communication, job seekers and employers can work together to create a more positive and productive hiring process.

At the end of the day, clear communication and mutual respect are key to preventing ghosting and building strong relationships between job seekers and employers. So let's prioritise these values and put an end to the ghosting spiral once and for all.

As a corporate wellness company, we at The Wellness Tribe understand the importance of clear and respectful communication in all aspects of our lives, including the workplace. We believe that a positive and productive work environment starts with healthy communication, and we encourage employers to take the lead in preventing ghosting and creating a more positive hiring process for all.

Join the Wellness Tribe

Join The Tribe

This month we are focusing on food and how it affects your mental health. Join us as we bring in the most relevant interesting content from across the wellness segment.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.