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Salaries Of US Women Managers Less Than Male Counterparts According to a latest government report, women managers in the United States are paid 81 cents for every dollar earned by male managers. The 19-cent wage gap marks a slight narrowing from a study seven years earlier that showed women managers making 79 cents to each man's dollar, the report by the US government accountability office said. The study compared US census bureau data from 2000 to 2007.
Source : 28-09-10 DNA Compiled by Amresh Anjan
Govt To Examine Jobs Created For SC/ST By India Inc Corporate India has been asked by the government to file quarterly report on number of jobs they have created for SCs, STs and other weaker sections, even as industry expressed its inability to reserve jobs for them. Previously, India Inc was required to file such reports annually. Reserving jobs in private sector or affirmative action was part of the national Common Minimum Programme of UPA-I. Currently, the law provides for reservation for Scheduled Castes and Scheduled Tribes, among others, in government and public sector jobs, besides quota in education.
Source : 27-09-10 Indian Express Compiled by Amresh Anjan
Tamil Nadu Youth Ask For Job Opportunities Thousands of youth of the Democratic Youth Federation of India (DYFI) staged a protest rally to raise their voice against lack of employment opportunities. Mr Thabas Sinha, All India General Secretary of Democratic Youth Federation of India (DYFI), said the focus of the rally is to generate awareness for creating employment opportunity for the youth. "In today's situation that says jobs for all and education for all, we are facing unemployment situation. The UPA Government violated the commitment made to the common man. So the main focus of the rally throughout the country and Tamil Nadu is strengthening employment opportunity and education for all and strengthening our movement." added Mr Sinha. He also said: "There are around one million Central Government vacancies. So we demand to meet the Prime Minister, and the State and the Central Government should take immediate steps to fulfill the vacancies."
Source : 28-09-10 sify.comCompiled by Amresh Anjan
Pre-Crisis Jobs Level Only By 2015: ILO Reports The International Labour Organization (ILO) said that global employment will not recover to pre-crisis levels until 2015 if current policies are pursued. The United Nations work agency said it was putting back by two years from 2013 its previous assessment of the time needed to create the 22 million jobs still needed to regain the pre-crisis level—14 million in rich countries and 8 million in developing states. The global economy has started to grow again with positive signs of employment recovery especially in some Asian and Latin American emerging economies, according to ILO.
Source : 01-10-10 livemint.comCompiled by Amresh Anjan
PM Reviews Jobs Plan For Jammu And Kashmir Prime Minister Mr Manmohan Singh has assessed the progress of plans to increase jobs in Jammu and Kashmir and asked an expert panel to ensure that employment opportunities were sustainable. According to a press release, the prime minister met the expert group, chaired by former Reserve Bank of India governor Mr C. Rangarajan, and was apprised about the progress of the plans. The expert group has come up with a number of short and long-term measures for increasing employment opportunities and improving employability prospects in the state.
Source : 26-09-10 sify.comCompiled by Amresh Anjan
Employees Of NLC To Go On Indefinite Strike About 12, 000 permanent employees of Neyveli Lignite Corporation (NLC) will go on an indefinite strike to support 13, 000 agitating contract workmen. Sources revealed that the anti-labour attitude of NLC chairman Mr A R Ansari is the reason for the failure of five rounds of tripartite talks convened by the labour commissioner, management and unions.
Source : 30-09-10 The Financial Express Compiled by Amresh Anjan
Walmart Creates 800, 000 New Jobs US-based retailer Walmart Stores announced that it will add 800, 000 new jobs in the next five years across the world, including India. The company that presently employs 22 lakh people around the world is planning to recruit more as it expands its operations. "Walmart currently employs 2.2 million people and we anticipate it to go up to 3 million in the next five years. Most of the new jobs will be outside the US," Walmart executive vice-president global people division (human resource) said.
Source : 01-10-10 Business Standard Compiled by Amresh Anjan
US Jobless Claims Decline Applications for US unemployment benefits declined last week, an indication that companies are cutting back on layoffs even as economic growth slows. Initial jobless claims decreased by 16, 000 to 453, 000 in the week ended September 25, lesser than the median forecast of economists surveyed by Bloomberg News, Labor Department figures revealed.
Source : 01-10-10 Business Standard Compiled by Amresh Anjan
German Unemployment Drops In September German Unemployment declined for a 15th month in September as carmakers and other manufacturers increased hiring activity in order to meet export-led demand. The number of people out of work declined a seasonally adjusted 40, 000 to 3.15 million, according to the Nurember-based Federal Labor Agency. Companies such as Daimler and Volkswagen are adding jobs to their portfolio as they harness faster economic growth in countries such as China and Brazil.
Source : 01-10-10 The Financial Express Compiled by Amresh Anjan
Aegon Closes More UK Ops, Cuts Jobs Dutch insurer, Aegon will close two additional British operations and cut more jobs to improve profitability in its fourth-largest market. Aegon, which broadly outlined its British restructuring plan in June to cut costs by 25 percent at the end of 2011, said that it would close third-party pension administration and employee benefits software business. Source : 29-09-10 Hindustan Times Compiled by Amresh Anjan
Royal Bank Of Scotland Axes Jobs Britain's state-rescued Royal Bank of Scotland has slashed another 500 jobs, mostly at its investment banking division. "In response to changing market conditions, we have made efficiencies across our business to ensure that we have the right people and resources in place to meet our client needs," the bank said.
Source : 29-09-10 Hindustan Times Compiled by Amresh Anjan
Tamilnad Mercantile Gets New Chief Tuticorin-based Tamilnad Mercantile Bank has named Mr AK Jagannathan as MD & CEO. Prior to this, Mr Jagannathan was managing director of State Bank of Travancore and worked for 35 years in the banking sector. He started his career as probationary officer in State Bank of Mysore in 1974 and was deputed to subsidiaries of State Bank of India looking after operations, credit, and commercial and international banking in various capacities, the bank said.
Source : 01-10-10 The Financial Express Compiled by Amresh Anjan
Elder Healthcare Re-appoints Its MD Elder Healthcare has reappointed Mr Anuj Saxena as managing director for a further five years with effect from December 30, 2010. Besides that, the company has reappointed Mr J Saxena and Mr Joginder S Juneja as directors and also appointed Mr BL gupta and Ms Urvashi Saxena as directors.
Source : 01-10-10 The Financial Express Compiled by Amresh Anjan
Deals And You Names Ms Shilpa Taneja As Marketing Head Deals And You has named Ms Shilpa Taneja as marketing lead with immediate effect. Ms Shilpa shall report to Mr Guneet Singh, director and co-founder – Deals And You. Prior to the appointment, she was working with Microsoft India as the marketing manager.
Source : 01-10-10 The Financial Express Compiled by Amresh Anjan
FICCI Appoints New Director General Mr Rajiv Kumar has been named as the director general of the Federation of Indian Chambers of Commerce and Industry (FICCI). He was earlier the director of Indian Council for Research in International Economic Relations.
Source : 30-09-10 Mint Compiled by Amresh Anjan
Indian Oil Appoints Mr RS Butola As Its Head ONGC Videsh Ltd's managing director Mr RS Butola has been appointed as head Indian Oil Corp Ltd, the nation's largest refining and fuel marketing firm. The Public Enterprise Selection Board (PSEB) interviewed six candidates and named Mr Butola as its No 1 choice.
Source : 29-09-10 Mint Compiled by Amresh Anjan
Mr Bhattacharya Appointed As CMD Of Indian Bank Mr Anup Sankar Bhattacharya, Executive Director of Indian Bank, has been appointed as its Chairman and Managing Director from September 30. Having worked in several capacities in West Bengal, Jharkhand and Delhi, Secretary to Board, Executive Secretary to CMD, he rose to the position of General Manager in the bank's Head Office.
Source : 30-09-10 The Hindu Compiled by Amresh Anjan
Mr Chakrabarti Promoted As Axis Bank's Deputy MD Axis Bank announced the promotion of its Executive Director Mr S. K. Chakrabarti to Deputy Managing Director of the bank with effect from September 27.
Source : 30-09-10 The Hindu Compiled by Amresh Anjan
Kingfisher Airlines Names Mr Sanjay Aggarwal As Its CEO Private air-carrier Kingfisher Airlines announced the appointment of Mr Sanjay Aggarwal as its CEO. The appointment is with immediate effect. Mr Aggarwal is the former CEO of SpiceJet, another private air-carrier.
Source : 20-09-10 DNA Compiled by Amresh Anjan
HSBC Investors Back Appointment Of Mr Stuart Gulliver Investors at HSBC Holdings Plc welcomed plans to appoint Mr Stuart Gulliver as chief executive officer following Mr Michael Geoghegan's resignation. Mr Gulliver will become CEO when Mr Geoghegan, 56, leaves at year-end, a person briefed on the matter said.
Source : 25-09-10 Business Standard Compiled by Amresh Anjan
