Abhijit Bhaduri, who was once chief learning officer at Wipro from 2009 to 2016, has joined Microsoft’s talent, learning and insights team, at the software giant’s Redmond HQ, in the US. Excited about his second stint with Microsoft, Bhaduri announced his latest assignment on LinkedIn, calling himself a “boomerang employee” and “doing what I love doing – L&D”. An alumnus of XLRI, Jamshedpur, Bhaduri started his career with Tata Steel, back in 1989, as deputy divisional manager. Five years later, he joined Mudra Communications as HR director for a short stint of a little over two years. From 1997 to…
Author: HRK News Bureau
With the focus shifting to electric vehicles (EV), Ford plans to reduce headcount in the engine business. The US car manufacturer wishes to invest and concentrate more on EVs amidst stiff competition from the likes of Tesla. Also, the American economy is experiencing a slump, which has pushed the Company to aim for a leaner structure. A recent report in Bloomberg said that Jim Farley, chief executive, Ford, was ready to cut about 8,000 jobs, so that finances could be diverted towards EV manufacturing. The employees at Ford Blue, which produces gasoline-powered vehicles, are expected to be impacted the most.…
The Public Enterprises Selection Board (PESB), put together by the Indian government, has recommended that Dr G Jawahar be appointed director – human resources at Bharat Earth Movers or BEML, a public-sector undertaking (PSU) under the Ministry of Defence. Jawahar, is presently serving as executive director (human resources), at Power Finance Corporation (PFC), which is part of the Ministry of Power. Having joined PFC in 2013, as general manager – HR, Jawahar has been with the Corporation for well over nine years. Jawahar has completed an MBA in management from Madurai Kamaraj University and holds a PhD in human resource…
Central Passport Organisation, under the Ministry of External Affairs, Government of India, is recruiting passport officers and assistant passport officers across the country. There are 24 vacancies in total, and the hiring will be done on a deputation basis. Even Central government officers who fulfil the eligibility criteria may apply. Applications are to be submitted by 6 August, 2022. For the post of passport officer, the candidates should have held regular analogous posts in the parent department or should possess five years of experience in service level 11 of the pay matrix or equivalent department. Additionally, applicants should have nine…
Infosys, the next-generation digital services and consulting company aims to hire 300 locals in Singapore by 2025. This is the Indian multinational’s way of supporting the Singapore Government’s employment-generation initiatives for freshers and mid-career professionals. For this exercise, the Company will partner with Infocomm Media Development Authority of Singapore (IMDA), which is a statutory board, under the Ministry of Communications and Information. As part of IMDA’s TechSkills Accelerator (TeSA) Company-Led Training (CLT) programme, Infosys and iCompaz — a joint venture between Infosys and Temasek Holding — will hire technology professionals, as well as professionals, managers, executives and technicians (PMETs) from…
Having managed to raise funds to the tune of $30 million, as part of a Series A funding, PriceLabs Inc., the pricing and revenue-management solutions company that caters to the short-term vacation rentals space, is gearing to expand its team. The startup, based in Chicago and Pune, will use the funds to hire quality talent and also develop its offerings and create more dynamic pricing solutions and artificial intelligence (AI) and analytical tools for vacation homes and other properties in the short-term rental industry. Summit Partners, the global alternative investment firm has invested in the Company, which was founded by…
Tyler Cohen’s persistence finally got him his dream job at Google. He applied and got rejected 39 times, before finally making the cut on his 40th attempt. He had been applying since August 2019, with a gap of about eight months in between. Cohen’s success became viral when he posted the screenshots of the mails he had exchanged with Google. In his LinkedIn post, an elated Cohen admits that he isn’t sure whether he was insane to have repeatedly applied or whether he was simply persevering to get his dream job. Till now, Cohen worked as associate manager – strategy…
As part of the efforts towards putting in place a legislative structure to regulate the labour market, the United Arab Emirates (UAE) has become strict in terms of establishments complying with the Wages Protection System or WPS. That means, if establishments do not pay salaries to their employees on time, action will be taken against them, basis their size and the number of employees whose salaries have been delayed or not disbursed. Certain provisions of the WPS have been amended to this effect. This will also ensure that some balance is maintained in employer-employee relationships and the rights of both…
Amagi, a cloud-based SaaS technology firm for broadcast and connected TV has announced the appointment of Prasad Menon as its new chief people officer (CPO). In this role, he will lead the global talent acquisition efforts, talent management, leadership development, and overall people practices and culture in the Company. Prior to this, Menon was working as the people and culture leader at Edifecs, a healthcare solutions company, where he spent close to two years. Menon carries more than two decades of experience in HR and has served various HR leadership positions in many big corporations and startups. “Amagi is expanding…
Motorq, a connected-car data and analytics software platform, has offered an annual salary package of Rs 1.02 crores to two students of the Vellore Institute of Technology (VIT). The students, Amit Agarwal and Sarthak Bharadwaj, are in the final year of the Computer Science Engineering course at VIT. The two had interned with the same Company for their summer internship and received pre-placement offers (PPO). A total of 184 students from the 2023 graduating batch received PPOs from various companies post their summer internship with them. While Microsoft made 22 PPOs, DE Shaw made two, Fidelity investments made 24 and…
Zomato, the online food aggregator, has allotted 4,65,51,600 equity shares having a face value of Rs 1 each, to its employees and staff of its subsidiaries. In 2018, the Company had allotted over Rs 63 lakh worth of stock options from its employee stock option plan or ESOP pool. Three years later, in 2021, it allotted Rs 4.02 crore worth of shares. That means, in total, the Company has allotted Rs 792.02 crore worth of shares till now. Now that the lock-in period of a year has expired, Zomato shares are under selling pressure, with promoters, staff, founders and others…
When an employee dies, his/her dependent is given a job only as a concession, to help sail through the crisis that the family would otherwise face by the sudden demise of the bread winner. This job given on compassionate grounds cannot be demanded by the dependents as a right. It is just a concession given to the dependents by the employers of the deceased. This observation was made by the Delhi High Court while hearing a case wherein the petitioner, the wife of an employee of Hindustan Petroleum Corporation who had lost his life in a road accident. In 2008,…
Shopify, the e-commerce company based out of Canada, has announced that it will lay off 10 per cent of its workforce. That means, about 1000 people in the company, globally. Media reports say thatTobi Lütke, founder and chief executive, Shopify, mentioned the intention to lay off a part of the workforce in an internal memo sent to the employees. Lütke mentions in his memo that he expected the e-commerce industry to grow at the same pace as it grew during the pandemic and had bet on it. However, it was a miscalculation from his end which led the Company to…
Having set up its global capability centre or GCC in Bangalore, the American luxury retailer, Neiman Marcus Group (NMG) is now gearing to expand its India team by 600. Over a period of eight months to a year, the Company will hire quality talent that will help it deliver high-quality experiences. Presently, the GCC has a team strength of about 60. In June 2021, the Group, which also owns the Bergdorf Goodman brand, had revealed its plans to invest $500 million in technology over a period of three years, as part of an exercise to improve efficiency and update its…
Brightcove, which provides technology solutions to the world using the medium of videos for better customer experience, has appointed Trisha Stiles as its chief people officer. Stiles will assume her position on 29 August and will report to Marc DeBevoise, CEO, Brighcove. In this role, Stiles will lead the people strategy for the Company, including talent and performance management. She will also spearhead diversity, equity, and inclusion initiatives, develop competitive people practices, and reinforce the Company’s strategic direction and business growth. She will further work closely with DeBevoise to drive the Company’s culture and amplify its organisational structure. Prior to…
Former deputy general manager – HR of Medley Pharmaceuticals, Raunak Singh, has now joined Enaltec Labs as HR head. Backed by about 13 years of experience, Singh began his HR journey with Alkem Laboratories, in 2009. Armed with an MBA in human resource management/ personnel administration from the Birla Institute of Technology, Mesra, he joined Alkem as senior manager – HR. Based out of Mumbai, he completed a successful stint of over eight years with the Company, before moving on. In October 2017, he joined Medley Pharmaceuticals as deputy general manager – HR, a post he held for more than…
Synaptic, an alternative data insights company that provides actionable insights to global investment firms, has announced an ESOP buyback worth $1 million for its employees. Over the next one year, Synaptic has plans to expand its footprints across more markets and geographies and focus on doubling its current headcount in the next year and a half. Through this initiative, Synaptic is attempting to reward employees for their hard work and contribution to the organisation’s success, and also for their continued confidence in Synaptic’s future. This will be the Company’s first such buyback initiative ever since it was conceived and established…
CoinSwitch, the Indian crypto investing app, has rolled out pet care benefits for its employees. The Company’s ‘Pet Care and Adoption Policy’ will reimburse the costs incurred in providing medical care and grooming to pets. In short, the policy will cover expenses on medicines, vet examinations, grooming, trainers, toys, treats, and food, as well as pre & post-adoption expenses, including services of animal behaviourists. Among other benefits, the Company recently introduced paid leaves for charity work and also increased bereavement leaves from five days to two weeks. Employees also enjoy mandatory recharge days, paid leave on work and wedding anniversary,…
Former global president – HR of Cadila Pharmaceuticals, Sameer Nagarajan, has been appointed global chief people officer at Erba Mannheim, the the in vitro diagnostics (IVD) solutions provider. Armed with an MBA in HR from XLRI, Jamshedpur, Nagarajan began his HR journey with Novartis in 1988, when he joined as an executive – HR, based out of Mumbai. Two years later, he moved to Microland as HR manager, based out of Bangalore. In November 1991, he joined AF Ferguson & Co. as senior consultant. The next four years saw him offering consulting services to private and public-sector clients— in East…
Biz2Credit, the online marketplace for small business funding, has announced its employee stock ownership plan (ESOP) policy for its India workforce, allowing the employees to “participate in the organisational success of Biz2Credit”. Being a progressive and inclusive scheme, it will benefit all members of the workforce. It is the Company’s pay of rewarding people for their commitment and contribution to the organisation. Rohit Arora, CEO and co-Founder, Biz2Credit & Biz2X, admits that the employees have “worked relentlessly towards meeting the company’s goals and objectives” even though the “the past few years have been tough for us like any other organisation”.…
There are job openings for those interested at the Aditya Birla Group, which is hiring for professionals to handle PF accounts. The job requires candidates to correctly disburse WC schemes on time and as per the company’s incentive/discount scheme policy. The role also requires support to be given to the IT for the WC scheme development in the system. Commerce graduates or chartered accountants or those who have passed CA inter may apply. In the banking space, HDFC is looking for candidates for the post of credit manager at their Hyderabad location. Those with at least four to five years…
The government employees of Chattisgarh have been on a strike since 25 July 2022. They have been protesting against the salary hike that has been granted to the MLAs of Chhattisgarh. The state government employees are using this opportunity to demand a hike in their dearness allowance (DA) and freight allowance, as per the 7th Pay Commission, equivalent to what is given to the Central government employees. The employees are also disgruntled because their salaries are being cut to reduce administration expenses. Post the increment, MLAs who used to get a salary of Rs 95,000 per month, will receive Rs…
A recent study has revealed that women job candidates whose resumes were accompanied by their photographs in a veil hardly received a positive response in Netherlands and Germany. This discrimination came to light in an academic report in the European Sociological Review journal. The discrimination became clear when hardly any of the veiled candidates were considered for any of the jobs that required personal / face-to-face interaction with customers. The study also discovered that such discrimination was comparatively less in Spain. The three researchers tried to find out whether the companies harboured some bias against all Muslim applicants, irrespective of…
The future of 217 employees of the Assam Fisheries Development Corporation (AFDC) hangs in balance, as it has been alleged that they got their appointments using wrong means. These employees have received a show-cause notice demanding reasons why they should not be fired. The employees will have to provide their responses to the notice by 28 July, 2022. If their responses are not satisfactory and fail to convince, they will be terminated and be rendered jobless. As per the State Fisheries Minister Parimal Suklabaidya, the Assam government is showing zero tolerance in the matter, and therefore, the guilty will have…
Ecom Express, the Indian technology-driven integrated logistics solutions providers to the e-commerce industry, is gearing to onboard at least 50,000 delivery partners by the end of September 2022, under its ‘Ecom Sanjeev’ programme. Since the launch of the programme in 2021, Ecom Express has created employment for students, homemakers, freelancers, part-timers and those looking to supplement and maximise their income, by working as delivery partners for the Company. Ashish Sikka, chief strategy officer, Ecom Express, said, ‘In times when the number of parcels is continuously increasing, owing to industry growth, we have clearly seen the advantage of having gig-workers to…
Since the pay revision for PSU employees working in the general Insurance sector has been pending for a long time, the General Insurance Employees Union (GIEU), Western Zone has said that about 58,000 employees in the general insurance sector in India will go on a two-day indefinite strike on 27 and 28 July, to show their disengagement with the management. Largely, the employees of four main PSUs in India working in the general insurance sector, mainly The Oriental Insurance in New Delhi, National Insurance in Kolkata, United India Assurance in Chennai and Mumbai-based, The New India Assurance. The GIEU organised…