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| | Microsoft most attractive employer in India: Survey |
| | IT and software major Microsoft has emerged as India's most attractive employer for the third straight year in 2013, according to a survey by HR service firm Randstad. The company was followed by Hewlett Packard and Google India in the second and third positions, respectively. Others in the top 10 most attractive employer list included —IBM (4th), ONGC (5th), Sony (6th), Larsen & Toubro (7th), Steel Authority of India (8th), SBI (9th) and Tata Consultancy Services (10th). Special recognition awards were also given to Oil and Natural Gas Corporation (ONGC) in the energy sector, Steel Authority of India Ltd (SAIL) in the manufacturing sector and Larsen & Toubro in the infrastructure sector. The survey further noted that in a market like India, where there is high attrition, employer branding is very important as it provides an advantage to attract and retain top talent. "In the current competitive business environment, attracting and retaining the right talent is vital to organisation success. We are extremely happy to see an increase in Indian companies focusing on Employer Branding," Randstad India Chairman Mr. Paul Van De Kerkhof said. According to the survey that covered 7,000 respondents, the Indian workforce prefers competitive salary and job security. Compared to last year, there is a significant increase in the importance given to salary and employee benefits and this has become the most important factor for potential employees, followed by job security."The findings show a preference for competitive salary and high job security, and these are in line with current market sentiments," Randstad India MD & CEO Mr. E Balaji said. Besides, competitive salary and job security, the other factors that featured in the top five are pleasant working atmosphere, work-life balance and career progression opportunities."Understanding the pulse of what the workforce wants is the best route to building a strong employer brand and remain an attractive employer," Mr Balaji added. |
| | Source : 20-04-13 Thehindu.com Compiled by Amresh Anjan |
| | Hiring activity slowing among IT firms |
| | FY2014 may be looking a brighter growth year than FY2013 for IT firms, but hiring activity especially among freshers/trainees, doesn't seem to be in sync with it. Several top companies like Infosys, Wipro and HCL Tech who gave offers to engineering students last year have deferred joining dates. A trend among IT firms was to hire en-masse from engineering colleges and then send offer letters to the selected candidates depending on the work load. But now candidates who have already been selected have had to wait for six months to a year to get their joining dates. India's top software services exporter Tata Consultancy Services recently said it is confident of beating NASSCOM's FY14 growth guidance of 12-14 percent and will hire 45,000 employees on a gross basis. But this is lower than the over 50,000 employees it had guided to hire in FY13 and 70,000 gross employees it added in FY12. According to Ambit Capital, which surveyed 30 tier-II engineering colleges, a primary scouting place for IT firms, there has been a slowdown in campus recruitments."Our survey results confirm that campus hiring has declined significantly during the 2012-13 placement season. Some of the colleges surveyed have seen a 50-70 percent decline in the number of offers as well as a decline in the number of companies visiting their campus," said analysts Mr. Ankur Rudra and Mr. Nitin Jain in a recent report. Automation is certainly one reason for the decline in hiring. More and more systems and processes are now being automated and that means lesser number of software developers and testers are needed. |
| | Source : 24-04-13 Moneycontrol.com Compiled by Amresh Anjan |
| | Air India pilots merrily violate dress code |
| | Airline crew the world over are known for their impeccable bearing and spotless uniforms, but not so our Maharaja's pilots. Many pilots of national carrier Air India (AI) have been brazenly flouting the operational manual considered the rule book for crew. Male pilots of AI are not permitted to sport long hair or beards, but many sport pony tails, beards and stubbles. Some even wear ear studs on duty, which is banned as per rules. "Individuality in uniform is not permitted, but some AI pilots wear their uniform any way they desire. So you have some pilots wearing black ties and others who wear the company-issued blue ties," a Delhi-based pilot said. Other airlines take the common uniform so seriously that their female cabin crew are required to wear the same type of ear studs. "The attire of many pilots occupying business class seats while travelling as staff on duty leaves much to be desired. They share the premium cabin space with business and industry leaders and create a bad impression. This was one of the reasons pilots were barred from travelling on business class in 2009," said a senior Mumbai-based captain. This privilege was later restored. While AI did not respond to an email from HT, a senior official said that the airline had very stringent rules — though they were not enforced. "When the operations manual is so specific it even mentions which side of the shirt one shall wear the identity card, how can one say we lack strict norms? The problem is implementation."The AI manual says it is the responsibility of commanders "to ensure strict observance of the regulations". However, this is not done, a pilot said. The aviation ministry now plans a stricter implementation of manual rules. "Apart from being staff of AI, crew members represent India in foreign countries. There should, therefore, be no room for criticism or unfavourable comparison with crew of other international operators in the manner of wearing uniforms," the manual says. |
| | Source : 19-04-13 Hindustan Times Compiled by Amresh Anjan |
| | Puma names former Adidas man as new CEO |
| | German sportswear giant Puma on Thursday named Mr.Bjoern Gulden, a former professional footballer and top manager at rival Adidas, as its new chief executive. |
| | Source : 19-04-13 Hindustan Times Compiled by Amresh Anjan |
| | Mr. Kenichiro Yomura is Nissan India chief |
| | Japanese auto maker Nissan today announced rejig of top management in India with Mr.Kenichiro Yomura being appointed as President. The company said it has also appointed Hyundai's former national head for dealer development, Mr. Ajay Raghuvanshi, as Vice President — Business Management and would be responsible for supporting pricing, marketing, sales and operations. Mr. Yomura, who is the Managing Director and CEO of the company's arm Nissan Motor India, will now oversee the company's overall functioning in the country, including manufacturing and research and division. "The appointment marks a significant change in Nissan's senior management structure in India as Mr. Yomura will hold responsibility for manufacturing, research & development and joint venture businesses," the company said in a statement. This will accelerate strategic decision making and streamline operational efficiency to help achieve the company's objective of securing 10 per cent market share in 2016. "Mr.Yomura, who will report to Mr. Toru Hasegawa, Corporate Vice President for Africa, Middle East and India — will concurrently hold the position of Managing Director and Chief Executive Officer for Nissan Motor India," the company said. He will be based at the company's Chennai headquarters. In this expanded role, Mr. Yomura will be responsible for developing strategies to maximise Nissan's business performance, managing product introduction and significantly increasing the presence and accessibility of the Nissan brand through continuing network expansion, it added. He has over three decades of experience in the automobile industry. He has held various roles within Nissan across numerous functions, including public relations, government affairs, and sales planning and marketing in the US, China, Japan and the Middle East. |
| | Source : 16-04-13 Thehindubusinessline.com Compiled by Amresh Anjan |
| | Tata 'delighted' with AirAsia hiring response |
| | Tata group chairman emeritus Mr. Ratan Tata said he was delighted with the response that AirAsia India received to hiring of flight attendants, interviews for which were held in Chennai."Delighted with fantastic response to AirAsia hiring of flight attendants. Great opportunity for young Indians. Makes me feel very proud," Mr. Tata tweeted. AirAsia India is the Indian arm of the AirAsia Group. The budget carrier has established AirAsia India, a 49:30:21 joint venture between AirAsia, Tata Sons and Telstra Tradeplace of Indian investor Arun Bhatia. As many as 3,500 candidates reportedly appeared for the cabin crew interviews for the 100 available positions. Interviews for India-based captains and first officers would be held in Bangalore and applications would be accepted till April 19. |
| | Source : 16-04-13 Hindustantimes.com Compiled by Amresh Anjan |
| | Move to curb BIZ visas will impact INDO-US ties: USIBC |
| | Industry body US India Business Council has expressed concerns over proposals such as imposing restrictions on US business and work visas being considered by a group of Senators, saying that these provisions would hit Indian companies and thwart the Indian-American trade relationship. |
| | Source : 16-04-13 Hindustantimes.com Compiled by Amresh Anjan |
| | Mercedes India appoints new sales, marketing heads |
| | Luxury car maker Mercedes Benz India on Monday said it has appointed Mr. Boris Fitz and Mr.Santosh Iyer as heads of its sales and marketing divisions, respectively, effective next month. The appointments come in the wake of marketing & sales director Mr.Debashis Mitra resigning from the company last month. |
| | Source : 16-04-13 Hindustantimes.com Compiled by Amresh Anjan |
| | Infosys to tilt salaries towards fixed pay |
| | Infosys hasn't decided on giving a pay rise in FY14, but it is working on a strategy to help its employees get more salary without actually increasing their salary base. The Bangalore-based information technology (IT) services company has said it is looking at introducing a new compensation structure for its employees worldwide. In it, the component of fixed salaries will be higher, which will reduce the uncertainties associated with variable salaries. "We have always been extremely innovative on the compensation front. Last year, though the environment was very tough, we had given a compensation increase. One of the things which we are looking at for a while is to restructure the salary so that we balance the variable and the fixed salary," Infosys' CEO & MD Mr. S D Shibulal told Business Standard. The variable component constitutes as much as 50 per cent of the total pay package of senior executives at Infosys. However, in case of the junior- and middle-level professionals, it accounts for 20 per cent of their gross salary, according to company insiders. There is always an element of uncertainty in the variable component, as it is linked to the revenue growth and the operating margin of the company. In the quarter ended March 31, Infosys' attrition went up to 16.3 per cent, one of the highest in the recent past. The firm's attrition was 15.1 per cent the previous quarter. Infosys, however, said it was yet to take a decision on giving annual wage rise to employees. |
| | Source : 13-04-13 Business-standard.com Compiled by Amresh Anjan |
| | Don't blame brain for bad decision |
| | If a person makes the wrong choice, Princeton University research says it might be the information rather than the brain's decision-making process that is to blame. Making decisions involves a gradual accumulation of facts that support one choice or another. Researchers said erroneous decisions tend to arise from errors, or 'noise,' in the information coming into the brain. Findings address a fundamental question among about whether bad decisions result from noise in the external information or sensory input or because the brain made mistakes when tallying that information. The Princeton research, however, separated sensory inputs from the internal mental process to show that the former can be noisy while the latter is remarkably reliable. The internal mental process was perfectly noiseless. All of the imperfections came from noise in the sensory processes. The research subjects — four college-age volunteers and 19 lab rats — listened to streams of randomly timed clicks coming into both the left ear and the right ear. After listening to a stream, the subjects had to choose the side from which more clicks originated. |
| | Source : 17-04-13 Hindustantimes.com Compiled by Amresh Anjan |
| | The 'C' words bosses like to hear |
| | When it comes to using certain words around the boss, there are some that should be avoided and others we must use. A survey found managers were after workers who could walk the talk when it came to four key areas — critical thinking, communication, collaboration and creativity. More than half reported their staff were just average in these areas and needed to up the ante in order to get ahead and get noticed. More than three quarters of those questioned also said these were the skills workers needed to be able to "keep up with the fast pace of change in business in order to compete on a global level". Younger workers would be more likely to have these skills. |
| | Source : 17-04-13 Hindustantimes.com Compiled by Amresh Anjan |
| | Bank jobs — Crack the exam, select your posting |
| | If clearing a bank exam is good enough, imagine being offered a chance to indicate your order of preference — of both the bank and the State/Union Territory you would like to work in. The Institute of Banking Personnel Selection (IBPS), the autonomous body which is in charge of conducting the Common Written Test on behalf of the participating organisations (the banks), has sent a communication to this effect to those who have cleared the CWE for clerical cadre. The communication gives details of the vacancies in different banks, State-wise and category-wise, thus making it easier for the candidate to submit his/her options. The notification further states that depending on the State-wise vacancies, the successful candidates will be allotted in one of the participating banks in order of merit-cum-preference or keeping in view the Government guidelines on reservation policy and administrative convenience. While stating thus, it does point out that the indication of preference would not constitute offer of appointment either by the IBPS or the participating banks, besides letting the candidates know that 'any request for change in allotment would not be entertained'. Barring SBI, almost all the major public sector banks recruit based on the CWE, and they include: Allahabad Bank, Andhra Bank, Bank of Baroda, Bank of India, Bank of Maharashtra etc. |
| | Source : 22-04-13 Thehindubusinessline.com Compiled by Amresh Anjan |
| | Tata Consultancy Services aims to hire 45,000 in India |
| | IT major Tata Consultancy Services (TCS), which is confident of beating Nasscom estimate of 12-14 per cent industry growth this fiscal, today said it plans to increase campus recruitment in the US. However, the quantum of hiring is likely to remain the same as that of the past financial year, said the Mumbai-based company, which announced its results yesterday. "Last fiscal, we had hired 1,600 people in the US of which 100-150 were through campus recruitment. The hiring number for this year will remain similar but we want to increase campus hiring," TCS Executive Vice-President and Head of Global Human Resources Mr. Ajoy Mukherjee told reporters during a post-earnings media round-table. "In domestic hiring, the top software company is trying to maintain a 60:40 ratio (60% trainees and 40% laterals)," Mr. Mukherjee said, adding that future recruitment will depend on the growth of business. Justifying the drop in in-take target for FY14, which at 45,000 is less than the last fiscal, he attributed this to higher retention rate. "We had the best retention rate in the last 27 quarters at 82 per cent. We would like to take it up to 85 per cent this year."Constant engagement with employees, challenging job opportunities and compensation were the main reasons for such a high retention rate, Mr. Mukherjee maintained. |
| | Source : 18-04-13 Financialexpress.com Compiled by Amresh Anjan |
| | 94% of Indian businesses plan to hire in 2013: says survey by Regus Global Business |
| | India Inc seems to be optimistic about its hiring intentions for 2013 as 94 per cent of businesses are planning to increase their headcount, according to a survey. The survey conducted by workplace solutions provider Regus among more than 26,000 businesses in nearly 100 nations, including India, revealed that most of the recruitment is expected in the sales and marketing segments. The Regus global business confidence index for India stood at 137 points in April, suggesting a stable score. However, it has slipped four points since October 2012. 94 per cent of Indian businesses are planning to increase or maintain their headcount in 2013," the survey noted. Globally, 85 per cent of businesses surveyed are planning to increase or maintain their headcount in 2013. The robust hiring intentions of Indian employers could be attributed to higher revenues and increased profit reported by Indian companies in the past one year. The survey noted that nearly two-fifths (39 per cent) of businesses plan to increase their headcount by more than five per cent. Interestingly, 67 per cent of respondents are planning to recruit employees in the sales and marketing verticals and 49 per cent in operational staff. "Companies feel it's the right time to go out there and sell. These results suggest that sales and marketing professional will be in high demand in the coming months," Regus Vice-President (South Asia) Mr. Madhusudan Thakur said. "Businesses need to consider how to recruit and retain the best in the field, ensuring they can remain competitive in their market," he added. The survey said 63 per cent of Indian businesses reported a rise in revenues and 54 per cent posted increased profits over the past 12 months. |
| | Source : 15-04-13 Thehindubusinessline.com Compiled by Amresh Anjan |
| | Overseas assignment can fastrack promotions: Mercer |
| | Employees with international experience have a higher chance of being promoted at work, according to 39 per cent of the participants in Mercer's Worldwide International Assignments Policies and Practices Report. This is despite the fact that few companies have expatriate programmes management tools to evaluate their performance during international assignments, the report reveals. The report, based on responses from over 700 companies worldwide across sectors such as financial services, mining, energy, telecommunications, retail, trade, engineering goods, manufacturing also suggests that the average percentage of women bagging international assignment has increased by 13 per cent, just three per cent higher than two years ago. The report reveals that global employee mobility in the short and long –term is expected to increase in 2013. Over 70 per cent of companies expect to increase short-term assignments in 2013. The report showed that 55 per cent of companies expect to increase long-term assignments and highlighted that, for the last two years there has been an increase in the overall numbers of international assignments. China, the US, Brazil, the U.K and Australia are the priority destinations in their respective regions for expatriates. |
| | Source : 19-04-13 The India Express Compiled by Amresh Anjan |
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