HR Headlines: Mar-10 (Part-5)

For more article, Visit at : www.amreshanjan.co.cc   70, 000 Networking Professionals Are Needed In India Although computers that process data and software that power them separately create hundreds of thousands of jobs globally, the networking technologies that link the two together are often missed in the buzz. Cisco Systems, the world's leading networking equipment company, has estimated that India is facing a shortage of 70,000 professionals in networking alone, as data centers mushroom and the Internet expands to help businesses and homes alike. Quality networking professionals are a rare species at the international level as well. "It is high time India trains more number of networking professionals to reap benefits," Mr Milind Gurjar, director of global market development and training delivery at Cisco, said. Source : 24-03-10   Hindustan Times   Compiled by Amresh Anjan Infosys Plans To Tweak iRace To Smoothen Staff Unrest Last year, in Oct, Infosys Technologies implemented a new 'career architecture' called iRace. The idea was to tune the career path of employees to industry needs of higher technical depth to cater to the needs of customers. iRace basically is about keeping staff in technical roles for longer durations before moving them into managerial roles. The idea somehow did not go well with staff at all, and it showed as attrition levels rose in the company. The company lost around 1,000 people in February alone, which, the company's human resources head Mr TV Mohandas Pai admitted, "was partly due to iRace and partly due to current job market conditions". But now the company has woken up. "We set up a working group to look into the issue (of iRace) and it has come up with some recommendations. These are being considered by us (Infosys management) currently," Mr Pai said. Source : 24-03-10   DNA   Compiled by Amresh Anjan Uninor Increases Its Headcount In India Uninor, a joint venture between Norway's Telenor, the world's sixth-largest mobile phone firm, and Indian real estate major Unitech, has appointed over 2,000 staff to launch its mobile service in three western telecom circles, as per a top official of the company. "We have hired over 2,000 staff to roll out services in the Mumbai, rest of Maharashtra-Goa, and Gujarat circles in the second quarter of the calendar year," said Mr Olav Sande, executive vice-president, western hub, Uninor. He also said that the firm will go pan-India within two years with a total investment of Rs 15,500 crore. Source : 22-03-10   mydigitalfc.com   Compiled by Amresh Anjan IKF To Hire 2000 Professionals IKF Technologies Ltd plans to add about 2,000 more professionals to its portfolio by the end of 2010-11 from 400 for the company's BPO arm. The company is also looking at taking over a 100-seat BPO firm in the US. "In the BPO business, we have concentrated on the domestic telecom sector so far. Now, we are entering new segments such as insurance to achieve our target of earning a revenue of Rs 1,500 crore from the BPO business in the next two years," IKF Technologies managing director Mr C. S. Jalan said. Source : 25-03-10   The Telegraph   Compiled by Amresh Anjan India Inc Likely To Ramp Up Hiring By 15 Pc In FY'11: E&Y India Inc may witness 10-15 per cent increase in hiring in 2010-11, led by the telecom sector which is predicted to provide over one lakh jobs, global consultancy Ernst & Young has said. "Indian job market seems to be striking the right chord with country's working population, as more and more vacancies are being created and filled across sectors. On a conservative stand, percentage increase in hiring in the new fiscal can be between 10-15 per cent," Ernst & Young Partner and National Head (People & Organisation), Mr N S Rajan said. Other sectors that are expected to lead hiring in the new financial year include pharmaceuticals, FMCG and education, as they are facing a talent crunch at present. Source : 21-03-10   Hindustan Times   Compiled by Amresh Anjan Wage Talks At Bosch's Bangalore Plant Settled The management of Bosch Ltd made an amicable settlement with the employees' union at its Bangalore plant. Though details of the settlement were not revealed, company sources said that the management had agreed to give an increase of Rs 8,000 per month in their CTC (cost to company), more than double the Rs 3,600 paid in the previous settlement four years ago. In return, the union of the company assured 100 per cent normalcy in production operations. Source : 25-03-10   Business Standard   Compiled by Amresh Anjan Central PSUs Staff Welfare Expense Rises The costs of staff welfare of central Public Sector Units (PSUs) have grown at a higher rate between 2008-09 and 2007-08, compared to an increase in net sales during the same period. The staff welfare cost of 120 central PSUs saw a growth rate of 30.2%, while the average net sales of these companies increased by 21.2% in the same period. These days, refineries, steel and electricity companies are spending a significant amount of money on welfare schemes for their employees. Source : 24-03-10   The Financial Express   Compiled by Amresh Anjan HUL Staff 's Initiative To Improve Employees' Health Pays Off A four-year initiative by Hindustan Unilever Limited (HUL) to augment the vitality of its 15,000 employees has paid off. The number of employees with poor health has reduced from 8 per cent in 2006 to around 3 per cent in 2009. "In 2006, when we conducted the tests, 8 per cent of our employees were earmarked as red. Following continuous monitoring their number came down to 6 per cent in 2007 and 4 per cent in 2008," said Dr Thirumalai Rajgopal, Vice-President, Medical and Occupational Health, HUL. "The 2009 results will be out soon and I expect they would be around three per cent," he said. Source : 21-03-10   Hindustan Times   Compiled by Amresh Anjan CEO Of Credit Suisse Earned $17.9 Mn Last Year Swiss banking major Credit Suisse announced that its chief executive Mr Brady W Dougan received a compensation of 19.2 million swiss francs ($17.9 million) last year, almost seven times higher than his pay package in 2008. Out of the total amount given to him in 2009, he was awarded a salary of 1.25 million swiss francs and 17.87 million swiss francs worth of share-based and other awards. Source : 25-03-10   busines.rediff.com   Compiled by Amresh Anjan Competition Panel Looks Out For Talent Competition Commission of India (CCI), the quasi-judicial body mandated with the task of taking action against monopolistic practices, seems to have been hit by talent crunch as the number of pending cases continues to pile up. Its investigation wing is looking to hire about 50 new officials to take care of pending cases. Over 15 major cases have been referred to the commission but shortage of staff has prevented an early disposal of these cases. For the first time, the government has embarked on a major recruitment drive for its investigation wing, though it has been hiring for other departments. Source : 25-03-10   Hindustan Times   Compiled by Amresh Anjan Govt Employees Have The Right To Get Promoted, Says Supreme Court The Supreme Court said that a government employee has a fundamental right to be considered for promotion and it is mandatory for the Centre and states to carry out cadre review of eligible officers for promotion to the IAS. "The right of eligible employees to be considered for promotion is virtually a part of their fundamental right guaranteed under Article 16(Equality of opportunity in matter of public employment) of the Constitution," a bench comprising Justices Mr R.V. Raveendran and Mr A.K. Ganguly said. Source : 25-03-10   Hindustan Times   Compiled by Amresh Anjan Citi's South Asia Chief Steps Down Citigroup's south Asia chief executive, Mr Mark Robinson, has quit after a little more than one year in the job, people familiar with the matter said. Mr Robinson, a 25-year veteran at Citi with great expertise in emerging markets, is likely to take a similar regional role at ANZ Group, as per a person close to the executive. Source : 20-03-09   www.ft.com   Compiled by Amresh Anjan SCL Appoints Ms Lakshmi Venu On Board Sundaram-Clayton Limited (SCL) has named Ms Lakshmi Venu, daughter of Mr Venu Srinivasan, Managing Director of SCL and Chairman of TVS Motor Company Limited (TVSM), as an additional director, says a release from the company. The board has appointed Ms. Lakshmi Venu, as director (strategy) for five years. In the beginning of 2003, she underwent her initial training for three years as a management trainee in Sundaram Auto Components Ltd., a subsidiary of SCL. She was then deputed to work in TVSM, another ancillary of SCL. Source : 23-03-10   The Hindu Business Line   Compiled by Amresh Anjan