HR Articles: Nov-10 (Part-2)

For more article, Visit at : www.amreshanjan.co.cc   IT Sector Witnesses The Highest Ever Job Index In September, Says Naukri JobSpeak A stable Naukri Job Speak index for the past four months demonstrates a steady hiring scenario and business sentiment in the country. Although, the index for Sep-10 inched down marginally by 1.2% from 956 in Aug-10 to 943 in Sep-10, the three month moving average index indicates steady recruitment levels. On a year-on-year comparison the job index moved up by 22% in Sep-10 as compared to the same time over a year ago. An in-depth analysis of the index shows that the IT sector has significantly ramped up recruitment activities with the job index steadily moving in a positive direction for the past three months. In Sept-10 the index is at its highest ever and stands at 1047. In contrast, most of the other core industry sectors Auto, Construction, Oil & Gas and Banking registered a dip in their indices within the range of 2% and 5%. The Insurance sector, in particular, witnessed steep monthly declines of 29% and 15% in Sept-10 when compared with Aug-10. Source : 08-10-10   naukri.com   Compiled by Amresh Anjan Satyam Comes Up With New HR Strategies To Retain Employees To dispel fears of another round of resignations, Mahindra Satyam is spreading the word that everything is fine with the company. With an attrition level of 40% in the last two years, it has been struggling to retain its employees across all levels. The headcount has dropped from 45,000 in FY09 to 27,000 in FY10, reflecting the severe ramp-down mode that the company was in through FY10. The joint go-to-market strategies involving Tech Mahindra and Mahindra Satyam in the near term are adding to apprehensions that the company may shed excess flab. To curb attrition, the company has initiated a few recruitment programmes, planned significant campus hiring and also started a buddy-referral programme. "We have hired about 3,000 people, mostly at the entry level. They have almost finished their training and we have plans to hire more,'' chief marketing officer Mr Hari said. It has also created specialist positions and career tracks, which give independent identities to employees. Source : 04-10-10   The Financial Express   Compiled by Amresh Anjan IAF Runs Short Of Pilots The Indian Air Force said it was short of around 600 pilots and over 5,000 workers below officer rank while maintaining that various steps were being taken to fill up the manpower gaps. "We are short of about 550 to 600 pilots," IAF's Air Officer Personnel (AOP) Air Marshal K J Mathews said. The officer said since 2009, the attrition rate of pilots in the force has been positive and the number of pilots joining the force was higher than the number of officers quitting it. Source : 04-10-10   news.rediff.com   Compiled by Amresh Anjan Work-From-Home Option To Attract More Females From Smaller Cities Into ITeS The concept of telecommuting that allows women to work- from-home at flexible timings without physically commuting to office would bring more women into IT/BPO industry, according to IT and BPO firm heads that have forayed into non-metro locations employing a notable degree of women workers in their firms. Telecommuting is not just a boon to women reserved about nightshift in 'tabooed' non-metro cities, but also extends to newly married and young mothers who are raring to make a comeback into their career that they quit after marriage. Mr R Venugopal, general manager, centre-head, Coimbatore, German-based Robert Bosch Engineering and Solutions, said: "We are operate in a niche automobile engineering area. We have about 2,200 women in Coimbatore. When women started to quit following marriage and childbirth we learned that even a career of high-end engineering research too would go for toss as working women in India after marriage relocate to their husband's place. We can't afford women with deep engineering expertise to be idle. Processed like telecommuting coupled with flexi-working would greatly help in leveraging the oriented talent from women folk who had summarily taken a sabbatical for child upbringing and homemaking." Source : 04-10-10   The Financial Express   Compiled by Amresh Anjan Govt To Take A Decision On Variable Pay For Bank Employees Soon The government may decide on implementing the Khandelwal committee report on human resources (HR) issues in public sector banks (PSBs). It recently formed a panel of bankers and government officials to scrutinize the report. Some suggestions of the report on aspects like recruitment and training of employees could be implemented over the next one month, said Mr K V Eapen, Joint Secretary Department of Financial Services, Government of India. The committee had proposed sweeping changes in the functioning of PSBs, particularly in recruitment and compensation. Mr Eapen said, while matching salaries of PSB employees with their counterparts in the private sector might not be feasible, the issue of compensation of senior bankers was being discussed. Source : 08-10-10   Business Standard   Compiled by Amresh Anjan IT Entrepreneur Funds His Former Staff Start-Ups Mr Sudhir Sarma, an IT industry veteran, is now incubating and mentoring companies started by his ex employees. He founded network integration company Network Solutions in 1993 and sold a part of the business to Intel in 2001 and then fully to IBM in 2005. He has put together a corpus of about $3 million to support start-ups. This corpus may be increased with external investment from other funds and private investors in the future. His holding company Future IP has already incubated four firms, many of whose employees and top management all come from Network Solutions – JaMocha Technologies, Serviceberry Technologies, Eco Positive Solutions and Intrago Corporation. Source : 07-10-10   The Financial Express   Compiled by Amresh Anjan Suspended AI Staff To Get Their Jobs Back Four months after 32 Air India employees were suspended for their role in a two-day strike in May, the government said that it has decided to withdraw all suspensions. The assurance was given by civil aviation minister Mr Praful Patel to CPI(M) leader Mr Sitaram Yechury and senior CPI leader and All India Trade Union Congress (AITUC) General Secretary Mr Gurudas Dasgupta. Source : 06-10-10   The Indian Express   Compiled by Amresh Anjan Mr Virad Kaul Appointed As Zee Turner's New CEO Zee Turner, a joint venture channel distribution company of Essel Group and Turner International, appointed Mr Virad Kaul as its chief executive officer. Before this, he was chief operating officer, Idea Cellular for the last four years and was holding additional charge of the Delhi and Haryana circle for the last few months. Source : 06-10-10   Business Standard   Compiled by Amresh Anjan India Inc To Hire New Staff According to a survey by workplace solutions provider Regus, while companies globally are on a hiring spree on the back of an economic rebound, Indian companies seem to have outperformed them by adding more staff. The survey reveals, as businesses across the globe are planning to hire new staff, it is an indicator that the mindset of organizations has shifted towards investment in growth through human capital. Source : 06-10-10   Business Standard   Compiled by Amresh Anjan NHAI To Name 13 More CGMs National Highways Authority of India (NHAI) is planning to strengthen the organisation by hiring 13 more chief general managers (CGMs). "To achieve the targets set by us, we need more people at the senior level. We have decided to appoint 13 CGMs, who are the seniormost after the board members," said a senior NHAI official. At present, NHAI has 11 CGMs and the appointment of 13 new ones will be announced soon by a selection committee headed by Road Secretary Mr R S Gujral. Of the 13 new CGMs, nine will be responsible for heading technical operations and one each will be for safety, contract management, legal and planning and quality. Source : 04-10-10   Business Standard   Compiled by Amresh Anjan Nokia's New CEO To Replace Mr Anssi Vanjoki As Key Unit Head Nokia Oyj's new chief executive Mr Stephen Elop will take over the duties of Anssi Vanjoki, head of its key Mobile Solutions unit, the company said. Mr Vanjoki, who joined Nokia in 1991 and has been head of Mobile Solutions since 2008, resigned last month after the company's board picked outsider Mr Elop over him to lead the Finnish handset maker. Mr Elop will run the unit which combines smartphones and services until the new chief for the unit is appointed, according to a company official. Source : 08-10-10   DNA   Compiled by Amresh Anjan Mr R Shankar Is Ramco's Exec VP For India Enterprise software and services provider Ramco Systems announced the appointment of Mr R Shankar as executive vice preseindet heading the India, west Asia and African operations of the company. Prior to this, he was heading the West Asian and African operations of the company. Source : 08-10-10   Business Standard   Compiled by Amresh Anjan Aurobindo Gets CEO For API, CRAMS Biz Drug maker, Aurobindo Pharma named Mr N Govindarajan as the chief executive officer for its active Pharmaceutical ingredients (APIs) operations as well as contract research and manufacturing services (CRAMS) with immediate effect. Before this, he served as the MD and CEO of Mr Shasun Pharmaceuticals and had been instrumental in Shasun expanding its horizons beyond India. Source : 08-10-10   Business Standard   Compiled by Amresh Anjan Skype To Appoint Cisco's Mr Bates As CEO Skype Technologies, the largest provider of international calling, will appoint Cisco Systems executive Mr Tony Bates as chief executive officer, according to three people familiar with the matter. Mr Bates is Senior Vice President and General Manager of Cisco's service provider group. Source : 08-10-10   Business Standard   Compiled by Amresh Anjan JP Morgan Names Head Of Financial Institutions Group JP Morgan appointed Mr Chetan Singh as the head of financial institutions group for India. He would also be a senior M&A banker, JP Morgan said in a statement. Mr Singh was previously a part of Citigroup's European FIG investment banking team based in London, which handles insurance, banks and specialty finance companies. Source : 07-10-10   Business Standard   Compiled by Amresh Anjan Yamaha Gets A New Head For India Operations Mr H. Suzuki has been named as CEO and Managing Director of India at Yamaha Motor Pvt. Ltd. (IYM). On November 1, he will replace Mr Yukimine Tsuji, who is going back to Yamaha Motor Corporation after working in India for three-and-a-half years. Source : 06-10-10   The Hindu   Compiled by Amresh Anjan Birla Wellness appoints Mr N Venkat As MD & CEO Birla Wellness and Healthcare Pvt. Ltd., part of the diversified Rs.3,000-crore Yash Birla Empire, appointed Mr N. Venkat as its new Chief Executive Officer and Managing Director. Source : 06-10-10   The Hindu   Compiled by Amresh Anjan Aviva Names New Associate Director-Marketing Aviva Life Insurance announced the appointment of Mr Gaurav Rajput as Associate Director-Marketing. Mr. Rajput will report to Aviva Life Insurance's Managing Director & CEO Mr T. R. Ramachandran, according to a company release. Source : 07-10-10   The Hindu   Compiled by Amresh Anjan Job Market In US Thaws Ahead Of Sept Data Applications for US unemployment benefits unexpectedly plunged last week to the lowest level in three months, suggesting that the labor market may be thawing. Jobless claims declined by 11,000 to 445,000 in the week ended October 2, the fewest since July 10, Labor Department figures revealed. Source : 08-10-10   smartinvestor.in   Compiled by Amresh Anjan SKS Microfinance Changes CEO SKS Microfinance has terminated the appointment of Mr Suresh Gurumani as managing director and chief executive officer of the company. In turn, the company has appointed Mr M R Rao, deputy CEO, as managing director & CEO for a period of three years with immediate effect. The company did not give any reasons for termination. Source : 05-10-10   The Financial Express   Compiled by Amresh Anjan