Read thousands of HR articles on a variety of topics written for human resources professionals by HR professionals. This website includes HR related articles, links and forums. Extensive HR community forums: benefits, HR management, recruiting,compensation, and more.
Naukri.com's job index at 743 in January indicates renewed optimism in the environment. There is a shift in the declining trend of hiring activity towards a more stabilized market scenario as indicated by the recovering job index. A sectoral analysis clearly shows that the hiring activity for the top industry sectors is on the road to recovery. Recruitment in IT- software and ITES sectors picked up 10% and 17% in Jan'10 post the dip in Dec'09. In contrast, hiring went down by 5% in the Banking sector after three successive months of an upward moving index. All the metros have seen a surge in hiring in Jan'10 over Dec'09.
Source: 19-02-10 naukri.comCompiled by Amresh Anjan
Indians Love Their Jobs, Reveals A Survey
Indians top the charts when it comes to being passionate about their jobs, with a full 72 per cent of the employees surveyed being sure about their personal growth and future of their companies, a survey has revealed. As per the survey by global HR solutions provider Kenexa, the global average for being passionate about jobs is 56 per cent, while this is topped by Indians and at the bottom are Japanese employees with only 41 per cent of them being passionate about their jobs. Indians love their jobs, when their skills and abilities are exploited efficiently, their company supports work/life balance, have confidence in the company's future, have opportunity to improve their skills and are recognised for their work.
Source: 15-02-10 Business Standard Compiled by Amresh Anjan
WNS CEO Says Local Hiring In US Can Save Costs
According to WNS Holding's newly appointed chief executive officer, Mr Keshav Murugesh, local hiring in the US and Europe would help BPO players save costs, as qualified people there are ready to take up stretch roles at costs as low as $10 per hour, which is quite similar to the Indian offshoring rates. He views it as a great opportunity to get increased onshore work that gradually translates into better margins. "Besides low-cost manpower that can be trained easily, real estate in the backward locations like Kansas City and Nebraska in the US, is available at cheap rates now. So the overall cost of delivering from these centers is as low as delivery from India," he added.
Source: 18-02-10 The Financial Express Compiled by Amresh Anjan
Ford To Axe 900 jobs At Michigan Plant
Ford, US automaker, is going to slash 900 jobs at its Michigan plant whose sales declined 27 per cent last year. The company is going to slash an entire shift from July at the Auto Alliance International plant in Flat Rock, Michigan. Ford said that hourly manufacturing workers would constitute the maximum number of those being laid off, in addition to a total of 2,300 salaried employees at the plant.
Source: 17-02-10 rediff.comCompiled by Amresh Anjan
Bhel To Increase Its Headcount By 8000
State-run Bharat Heavy Electricals (Bhel) plans to add 8,000 employees to its portfolio over the next two years. The company seeks to hire more employees in order to meet its production targets and requirement of personnel for its foray into nuclear power. In the Eleventh Five-Year Plan (2007-12), Bhel had targeted to hire 20,000 people, of which over half have already been enrolled. At present, the company has about 48,000 employees.
Source: 18-02-10 The Telegraph Compiled by Amresh Anjan
Unemployment In UK Jumps To Highest Since 1997
UK unemployment rose in January to the highest level since Mr Tony Blair led the ruling Labour Party to power almost 13 years ago as the recession destroyed work at businesses from carmakers to banks. Claims for jobless benefits increased by 23,500 from the previous month to 1.64 million, the highest since April 1997, the Office for National Statistics said.
Source: 18-02-10 The Financial Express Compiled by Amresh Anjan
Beware Of Your Fellow Women Colleagues
As per a recent survey, female colleagues are twice more likely to be involved in back-biting than male colleagues. The online survey revealed that from a sample of 2,000 people, two of five women accepted having sent mean messages about their co-workers in the past seven days as compared to one in five men. It also said that a typical female employee spends around 20 minutes a day moaning about someone they work with, either by email or by messaging. Interestingly, almost two-thirds of the workers tittle-tattle or backbite about their colleagues when they are not around. Twenty five per cent of those surveyed admitted that they groan about their colleagues after office hours.
Source: 17-02-10 Hindustan Times Compiled by Amresh Anjan
Good News For Haryana Women Staff
Mr Bhupinder Singh Hooda, the Chief Minister of Haryana, announced a two-year 'Child Care Leave' (CCL) for women employees working under state government. The decision is going to be implemented with immediate effect. He said the paid leave can be availed for a maximum period of 730 days, which can be split or clubbed together, during the service of the employee for the purpose of raising a child. However, the child must be below the age of 18 years. During the leave period, the employee would be given his/her usual salary.
Mahindra System is planning to hire around 5, 000 people, including freshers and experienced professionals, said a senior company official. "The process is expected to be completed by March-end," the official said.
Source: 19-02-10 Business Standard Compiled by Amresh Anjan
Maruti Suzuki to add 3,000 employees
Maruti Suzuki, India's top carmaker, is planning to add 3,000 employees in the next three years. The company is also investing 2 billion rupees to add more showrooms and stockyards, Mr S.Y.Siddiqui, head of human resources, said.
State Bank of India (SBI) is likely to induct about 25,000 employees during 2009-10 across different verticals. The bank is hiring 2,000 probationary officers for rural business as part of its strategy of enhancing focus on rural operations. It is currently inducting 11,000 clerks for marketing, banking and advisory services and 481 officers for marketing and recovery (rural) and technical officers (farm sector). The bank has also recruited 500 management executives.
Source: 12-02-10 The Financial Express Compiled by Amresh Anjan
TCS To Review Salary Increments By End Of This Month
Tata Consultancy Services (TCS) announced that it will review salary increment plans by this month-end. "There has been no hike in the current fiscal. The demand-supply situation, however, has improved over last year. We review it (wage hikes) along with the business plan for the year, which will be happening somewhere by end of February or in March," TCS Chief Financial Officer Mr S Mahalingam said.
Source: 16-02-10 The Financial Express Compiled by Amresh Anjan
More Jobs Should Be Created By Indian Cos In US, Says The Ambassador
As the debate on outsourcing heats up, the United States' authorities feel that India can create jobs in America taking advantage of its "fair tax policy". US Ambassador to India, Mr Timothy J Roemer also sought to downplay concerns that President Barack Obama was aiming American companies having operations in India ever since he called such businesses tax evaders. "There are some companies that try to take advantage of US law, not in India; they try to manipulate US law for the most part and create tax havens in other places in the world," Mr Roemer said. He added that the US also believes "very, very deeply" in regard to trade issue. "You can create jobs in America, and have fair tax policy and double your exports," he said.
Source: 18-02-10 Business Standard Compiled by Amresh Anjan
30 AI Pilots Lose Jobs
Several pilots flying Boeing 747-400 and A-310 freighters aircraft are on their way out as national carrier Air India plans to phase out these airplanes. Sources said, Air India has already terminated the service contracts of 30 senior most commanders flying these planes and many more are on the chopping block. According to them, the airline has served a month's notice to these pilots in January, saying that their services were no longer required by the national air carrier.
Source: 17-02-10 Business Standard Compiled by Amresh Anjan
IT Department's Move On Leave Encashment To Affect Businesses
The Income Tax (I-T) Department has disallowed expenses towards leave encashment and gratuity as deduction when calculating taxable income, a move that could hit organizations across all sectors. Officials of the department said, "Both are provisions or expenses which are actually not incurred. They are set aside to meet future liabilities as and when they occur." Therefore, they added, deductions on all such expenses and provisions are being disallowed in the returns filed 2008-09 onwards.
Source: 13-02-10 Business Standard Compiled by Amresh Anjan
Mr Carl-Peter Forster Named As Tata Motors Group CEO
Tata Motors has named Mr Carl-Peter Forster as group chief executive officer of the company. His main responsibilities would include, spearheading Tata Motors' Indian operations, which includes both domestic and exports and looking after its overseas companies, including the luxury brands Jaguar and Land Rover. Before this, Mr Forster was the head of General Motors, Europe, where he looked after Opel/Vauxhall, Saab and the European activities of Chevrolet.
Source: 16-02-10 DNA Compiled by Amresh Anjan
JLR Names Mr Ralf Speth As New CEO
Jaguar Land Rover (JLR) has named Mr Ralf Speth as chief executive officer (CEO) with an overall responsibility for the firm's operations.
Source: 18-02-10 Business Standard Compiled by Amresh Anjan
VE Commercial Vehicles Announces New CEO
VE Commercial Vehicles Ltd announced that Mr Vinod Aggarwal will take over as chief executive officer from July 1. Mr Arun Birla, who is spearheading the heavy-duty project of VE Commercial, will take over as executive vice-president of the company, the statement said.
Source: 18-02-10 DNA Compiled by Amresh Anjan
Genpact Appoints Mr Mohit Bhatia As CFO
Genpact, India's largest business process outsourcing company, has appointed Mr Mohit Bhatia as its new Chief Financial Officer (CFO). He has replaced Mr Vivek Gour who was the CFO of the company since 2005.
Source: 19-02-10 Business Standard Compiled by Amresh Anjan
No comments:
Post a Comment