HR Headlines: Feb-10 (Part-1)

For more article, Visit at : www.amreshanjan.co.cc Social Networking Websites – A Tool To Scan Jobseekers Job seekers should be careful about the content posted by them on social networking sites like Facebook and Orkut, as majority of the Indian companies are using such sites to scan more about the candidates, a survey has revealed. Out of the 100 employers surveyed, about 73 per cent of them said they use social networking sites to know more about job candidates. About 48 per cent of employers said they disregarded a candidate after screening because he lied about his qualifications on social networking sites and 31 per cent of employers said they did not hire a candidate because he showed poor communication skills. The report suggested that those who are looking for jobs should remove photos, content and links that can work against them. Also, they need to be selective while accepting friends' request and not to mention about job search if you are still employed among others. Source: 25-01-10   Business Standard   Compiled by Amresh Anjan   CEOs Buoyant On Hiring Most of the CEOs surveyed across the world sounded positive about growth prospects and are planning to raise headcount this year. As per the PricewaterhouseCoopers 13th Annual Global CEO Survey, released at the ongoing World Economic Forum meet in Davos, "CEOs' confidence for future growth has bounced back from the gloomy prospects of a year ago and they are planning to boost their head-count." The confidence level of CEOs in emerging markets is much higher than those in the developed nations; with 97 per cent CEOs in India alone saying that they are hopeful about growth in the next year. Source: 27-01-10   rediff.com   Compiled by Amresh Anjan   Punjab Govt To Get More Systematic In Dealing With Employees The Punjab government said it will soon launch a systematic drive to identify laggards and weed them out. This move is an attempt to warn the inefficient and corrupt employees in the state. The state government is also planning to start a monthly appraisal system for civil officers, besides those of district police chiefs. Making these announcements, deputy chief minister, Mr Sukhbir Singh Badal said the government would, however, honour those employees who were toiling day and night to serve people. He also said laggards would have to pack up as the state government was moving with the motto of "perform or perish". Source: 27-01-10   rediff.com   Compiled by Amresh Anjan   Oracle Corp Plans To Increase Its Headcount By 2,000 According to a media report, software maker, Oracle Corp is planning to hire 2,000 people in sales and engineering department, as the company is near to closing its long-delayed acquisition of Sun Microsystems Inc. Oracle chief executive, Mr Larry Ellison said that he is setting a new course for Oracle that includes hiring 2,000 sales and engineering employees and developing a line of high-end computer systems. Source: 27-01-10   rediff.com   Compiled by Amresh Anjan   Top Level Executives Are The Most Corrupt, Reveals A Survey A majority of private employees surveyed have said that corruption is rampant in the Indian corporate sector and those at the top indulge the most in it. An average 86 per cent of respondents agree that corruption is a common phenomenon in corporate India. The acceptance towards corruption increases from lower management (83.4 per cent) to middle management (88.1 per cent) to senior management (90.2 per cent), the survey by market research and consulting firm Marketing and Development Research Associates (MDRA) said. The study was conducted among 742 employees across different sectors in Delhi, Noida, Gurgaon, Mumbai, Pune, Bangalore, Kolkata, Chennai and Hyderabad. The employees surveyed have ranked monetary transaction as the most common form of corruption while nepotism comes at bottom. Apart from that, breach of trust and fraud are the other forms of corruption widely seen in the corporate world. Source: 24-01-10   Business Standard   Compiled by Amresh Anjan   Decline In Unemployment Rate In South Asia Indicated By ILO A study by the International labour Organisation has indicated that unemployment rate in the South Asian region would decline to 4.9 per cent this year from 5.1 per cent recorded last year. The report projected GDP growth rate to edge higher to six per cent in the region. The study, however, underlined that+, poverty and vulnerable forms of employment still remain widespread in the region. Source: 27-01-09   Business Standard   Compiled by Amresh Anjan   Ford To Add More Jobs To Its Portfolio Ford Motor Co plans to build the next version of its Explorer sport-utility vehicle at its Chicago assembly plant, adding 1,200 jobs, a source familiar with the matter said. The company already builds the Ford Taurus and Lincoln MKS sedans at the Chicago plant, which at present has about 1,300 hourly workers represented by the United Auto Workers union. Source: 26-01-10   DNA   Compiled by Amresh Anjan   Parliament Committee Criticizes AI Mgt On Salary Cut Proposal Air India management's proposal to axe the pay package of over 30,000 employees in a bid to cut costs has come under attack from a parliamentary committee, which has sought payment of all arrears with effect from January 1997. In its report, the Parliamentary Standing Committee on Transport, Tourism and Culture noted that the main reasons for Air India's losses were not the employees' fault, but "misplaced" policies of the government. "The Committee feels that employees are being made scapegoat and cut in their salaries and PLI have become tools in the hands of management in the name of cost cutting/ restructuring," the report said. Source: 24-01-10   The Financial Express   Compiled by Amresh Anjan   Nine Indians In FT's List Of 50 Emerging Market Biz Leaders In a list compiled by the British financial daily the Financial Times, nine Indian corporate honchos, including Mr Ratan Tata and the Ambani brothers, have been named among the 50 emerging market business leaders. The newspaper has named the top 50 emerging business leaders for their role in shaping the strong economic performance of their specific regions. The nine Indian business leaders include the Tata Group chairman Mr Ratan Tata, Reliance Industries chairman Mr Mukesh Ambani, ADAG chairman Mr Anil Ambani, ICICI Bank managing director and chief executive Ms Chanda Kochhar, Mahindra group patriarch Mr Keshub Mahindra, Bharti Airtel chairman Mr Sunil Bharti Mittal, Videocon chairman Mr Venugopal Dhoot, Hero Group founder Mr Brijmohan Lall Munjal, and Future Group chairman Mr Kishore Biyani. Source: 26-01-10   Hindustan Times   Compiled by Amresh Anjan   Kraft To Create Jobs For Cadbury Kraft Foods is planning to create more jobs in the UK and grow Cadbury's British business following its takeover of the confectioner. Mr Michael Osanloo, Kraft's executive vice-president, strategy, and the man in charge of the integration of Cadbury, said, "I would fully expect that once we can actually look at what is going on and have a more informed perspective that this should, down the road, increase manufacturing jobs in the UK." Source: 24-01-10   DNA   Compiled by Amresh Anjan   Mr Narayan Ramachandran To Quit Morgan Stanley Financial services firm, Morgan Stanley said its Indian chief executive and country head Mr Narayan Ramachandran will resign from his current role next month. The company said that Mr Ramachandran decided to step down from the full-time charge to pursue personal interests in entrepreneurship and public service. Morgan Stanley's Asia COO, Mr Scott Gaynor, is going to take the additional responsibility as company's acting country head for India. A full-time India CEO will be announced sometime in the future, the company said. Source: 28-01-10   DNA   Compiled by Amresh Anjan   Bonuses Of Barclay's Top Staff Might Get Deferred In an attempt to counter anger over bankers' pay, British bank Barclays plans to defer payment of up to 100% of bonuses for its top staff for three years. It said that the bank's next 2,000 or so staff would defer upwards of 75% of bonuses for three years, while lower ranking staff would have about half of their bonuses deferred. Source: 24-01-10   DNA   Compiled by Amresh Anjan   JAL To Name Mr Masaru Onish As President Japan Airlines Corp (JAL) said it will appoint Mr Masaru Onishi as its new president to manage the company's state-led rehabilitation process. Mr. Onishi will officially take his position as president and group chief operating officer on February 1 along with Kyocera Corp founder Mr Kazuo Inamori, who has already agreed to become the company's chairman. Source: 27-01-10   Business Standard   Compiled by Amresh Anjan   SpiceJet Plans To Hire 150 Employees SpiceJet is planning to hire about 140-150 employees to meet the manpower requirements for the four new aircrafts it would add this year. "We will hire about 100 flight attendants and 40 pilots for the four aircraft we plan to acquire this year," SpiceJet chief executive, Mr Sanjay Aggarwal said. Source: 26-01-10   Business Standard   Compiled by Amresh Anjan   WNS CEO Mr Neeraj Bhargava Resigns Mr. Neeraj Bhargava, the co-founder and chief executive of WNS, India's second-largest business process outsourcing firm, has quit and will join private equity firm Steer Capital Advisors. He has been the CEO of WNS for over six years and was responsible for the company's growth from $15 million in 2002 to $390 million by the end of this year. Source: 25-01-10   Business Standard   Compiled by Amresh Anjan