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OFF TOPIC, Axis bank redefines conventional employment, launches GIG – A – opportunities

Axis bank, India’s third largest bank today announced the launch of GIG –A opportunities. The new launch offers a platform for alternative work models that encourage greater flexibility, diversity and inclusivity.

GIG – A opportunities as the name suggests is pegged for large opportunities in the job market. It opens large prospects digital banking, technology, risk modeling, virtual sales, audit and credit policy, which are the first set of pilot offers for the model.

The new concept is said to offer two work modes –

1 -100% virtual roles

2 – Flexible, project based short term contracts. These jobs offered go beyond the traditional association of freelance or work from home.

Since the ongoing pandemic has only accelerated people’s inclination to create their own work environment outside all physical constraints, both, the work and the workplace have been compelled to undergo rapid transformation over the past few months. The technology breaking down physical boundaries offered by Axis Bank’s ‘GIG-A-Opportunities’ is the answer to the challenge of having an integrated work model & solution that addresses the varied skill requirements of a large corporate, while meeting the need of flexibility and ease for a growing pool of untapped talent.

Commenting on the initiative, S.Ramodarai Chairman, TISS and Chairman, Axis Bank Foundation, said ‘GIG-A-Opportunities is a great platform which clearly is the direction of Future of Work. Axis Bank taking the lead is very welcome. The option to work from home and flexibility to define ones capabilities will unearth a lot of hidden talent for the future including gender balance and inclusivity’

This innovative platform would make it possible to ‘work from anywhere’, while ensuring flexibility and ease of operations for skilled specialists. Therefore, it will invariably access a much larger talent pool that is spread across the country, including smaller cities and towns, and also open up the possibility of cross border associations. This presents a great opportunity to ensure no talent in India is left behind and the educated, skilled young population can prosper from any geography. Diversity & inclusion will get a huge boost as access to different talent pools open up, with the benefit of welcoming traditionally overlooked candidates such as women with home obligations, differently-abled, alternate age profiles etc.

Axis Bank hopes to have up to 15% of incremental hiring in alternate work models over the next three years, and leverage this to drive increased diversity in the talent pool.

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